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ABN to offer centralised power and gas clearing platform

ABN has signed up SunGard Futures Systems as its technology provider to develop the straight through processing platform.

“Current approaches to natural gas and power clearing require varying degress of manual intervention,” ABN said in a statement. “This initiative addresses the current drive in the energy industry to mitigate risk and improve transparency through substitution of a central cleared counterparty.”

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CRO interview: Brett Humphreys

Brett Humphreys is head of risk management at environmental markets specialist Karbone. He talks to Energy Risk about the challenges of modelling outcomes in unpredictable times and how he’s approaching the risks at the top of his risk register

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