European power trading innovation: Retaining the special sauce

Complex intra-day power markets increasingly require AI support. But it is important market actors have their own proprietary solutions

Traders are a breed apart. And while they jump at any tools that might give them an edge over their competitors, they are extremely protective of their own autonomy and ability to add value, and wary of tools that might impinge on this. In European power markets, the line between IT trader support and algorithmic decision-making risks being increasingly blurred. Petroleum Economist discusses with Peter Bance, CEO of software firm Origami, how his firm aims to stay clearly on its side of the line. Peter Bance, Origami CEO What, in layman’s terms, do you offer to your core client? Bance: I would summarise what our energy data platform cus