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" Being agile and responding quickly to opportunities is an essential part of our business model and we are good at it. So we believe strongly in flexibility and we now have the systems landscape that supports this."

Ronald Van Eldik, STATKRAFT, Senior VP Back Office

Statkraft is a world leader in hydropower and a significant player in the European and global energy markets, with leading-edge expertise in physical and financial energy trading and origination. Murex's MX.3 for Energy Trading and Risk Management solution is now available to 170 users in Statkraft's two main trading centres in Oslo and Düsseldorf, as well in Trondheim, Stockholm, Amsterdam, London and Istanbul and manages 600,000 trades a year.
We have seen an increase in the global importance of synthetic finance over the last five years, as regulations have driven growth in this area over physical financing with balance sheet restrictions impacting the normal flow of business. At Murex we see the restriction in physical financing activities as opening new doors in the synthetic markets; but there is more to it than simply installing a synthetic finance trading system.

In this article, Murex Head of Product Management for Operations Etienne Ravex discusses the opportunities in synthetic financing markets – including the potential role of blockchain – as well as the caveats to success, particularly the importance of robust global inventory management. Underpinning that is the need to create the necessary infrastructure to identify global inventory holdings and measure robust analytics, something that Murex’s MX.3 platform offers.

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Etienne Ravex, Head of Product Management for Operations at Murex, discusses the opportunities in synthetic financing markets and the importance of robust global inventory management.