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The REMIT reporting application is offered through the Impendium Platform, a scalable, secure and built-for-purpose cloud platform that handles the complete lifecycle of REMIT wholesale energy trade reporting from consumption of trade data to reporting to the EU Agency for the Cooperation of Energy Regulators (ACER).
The Impendium Platform enables clients to meet their reporting obligations quickly, simply and with no impact on existing trading infrastructure.
Deutsche Borse Market Data + Services has acquired Impendium Systems, a London-based firm that deploys cloud-based software solutions to help customers achieve regulatory compliance in Europe, North America and Asia-Pacific.
The acquisition of Impendium is an important step towards this goal as the firm s focus on high-performance solutions for global regulatory compliance is a strong strategic fit.
Elements, a private cloud platform operated by Impendium, allows customers to be compliant with multiple regulations throughout the world using a single solution.
Apart from EMIR, Impendium s coverage will continuously be expanded to include additional key regulations in Europe and Asia-Pacific.