London, 31 March 2014 Trayport, a leading provider of energy trading solutions to traders, brokers and exchanges worldwide, today announced that Polenergia Obrót are now using GlobalVision Trading Gateway through a Software as a Service (SaaS) delivery model, for power trading in Central and Eastern Europe (CEE).
Trayport's GlobalVision Trading Gateway is an industry-proven electronic trading platform that allows traders to access multiple liquidity pools and trade across these pools from a single user interface. Trading Gateway will provide Polenergia Obrót with a central system to manage and execute deals in increasingly global and complex energy markets.
Polenergia Obrót's Management Representative, said "Polenergia is a solid, robust and active market player. Last year, having introduced a new company strategy with changes in management and the trading team, we significantly scaled up our trading activities. We were quoting actively on several brokerage screens and exchanges in different CEE markets and we were looking for a solution that would support the efficiency of our trading strategies on one hand and help us better manage a part of the operational risks we take on the other. We found Trayport's tools met all our objectives."
Combie Cryan, Head of Sales and Client Relations at Trayport, said "We are pleased that Polenergia Obrót have chosen Trayport to help accelerate their growth. The addition of Polenergia Obrót demonstrates our commitment to continue to deliver the best solutions for the CEE market. Many participants are seeing us as the obvious choice given our already established and growing network of electronic markets in the CEE region."
Polenergia Group is the first Polish private power group operating internationally, owned by Kulczyk Investments - an international investment company, focused on investment opportunities in global emerging markets. Polenergia is a vertically integrated group of companies working under a common brand in the field of energy generation from conventional and unconventional sources, as well as energy trading and distribution. Polenergia is one of the key assets in the Kulczyk Investments portfolio as an operational center, know-how base and a platform to carry out innovative energy projects in Poland and within the region.