News from the Previse Systems Team
Introducing New Previse Team Members
At Previse Systems, our greatest asset is our team, and we are thrilled to introduce four new members who bring unique skills, experiences, and personalities to our rapidly growing family.
Get to know Mathias, Niklas, Thomas, and Victoria (see picture, left to right)—each bringing their own flair and expertise to help us continue our journey in the ETRM industry.
Mathias – Software Developer
Originally from Denmark, Mathias Svendsen is our tech enthusiast, driven by curiosity about everything from minute technical details to grand philosophical ideas. With experience at Norlys and a knack for control systems, Mathias has already begun making an impact by improving our development and documentation culture. Truly believing that Coral is the best ETRM system, he is particularly excited about making Coral even more developer-friendly, ensuring it remains one of the best. Having worked with Previse Systems before, Mathias was eager to join the team to see “how the pudding is made” and contribute to our growth.
As of today, he especially appreciates being in a company where people are moving at an insane pace. He finds it amazing how many functions Coral has, and more are still being added. Despite everyone being busy, he values that people still take the time for a quick chat and getting to know each other.
When he’s not immersed in coding, Mathias enjoys sustainable cooking, often turning Too-Good-To-Go groceries into delicious meals.
Niklas – Product Owner
Niklas Peters brings over 15 years of experience in the energy sector, having held various roles in Energy trading and optimizing diversified power plant portfolios, Subject Matter Expert to Product Owner. Known for his strategic foresight, Niklas excels in integrating technology to optimize portfolio performance and mitigate risks. At Previse, he aims to deliver unparalleled value to our clients and is particularly enthusiastic about his consultancy role. He looks forward to making a significant impact by adding the features he always wanted as a user himself.
Outside the office, Niklas is an avid runner, swimmer, and motor biker, with a unique talent for befriending dogs—even managing to charm a police dog at the airport! He enjoys creating rule-based algorithmic models for trading and often “borrows” dogs from his neighbours for jogging.
Thomas – Senior Consultant
Thomas Hostettler joins us with a robust background of over 15 years at BKW, where he played pivotal roles in back office and portfolio management. His crowning achievement was the successful implementation of Allegro after a decade of dedication. His passion for organizational development, coupled with his extensive experience, positions him as a key player in our mission to become the leading supplier of ETRM software. Thomas is looking forward to contributing to Previse’s growth and helping EWB with the final stage of the Coral implementation, conveniently located just a short bike ride from his home.
Outside of work, Thomas loves hiking, cooking gourmet meals, and photography, although he admits to never editing his photos.
Victoria – Senior Project Manager
Victoria Woods, originally from Manchester, has spent the last five years in Zurich working on diverse IT projects. Attracted to the dynamic and fun team at Previse, she is eager to dive into the energy sector and bring best practices to our implementations. Victoria’s background in IT, combined with her enthusiasm for learning, makes her a valuable addition to our team. She is excited to explore the new industry and hopes to make the implementations as fun as possible.
Coming from Manchester, a city obsessed with music, Victoria has a true passion for live music, and she is always on the lookout for live performances in Zurich.
Welcome!
We are eager to see the unique contributions Thomas, Mathias, Niklas, and Victoria will bring to Previse Systems. Their diverse backgrounds and shared passion for innovation and purpose perfectly align with our values. Welcome to the team everyone!
Syneco Trading GmbH selects Previse Systems’ ETRM platform
Zug/Munich, 23 May 2024
Syneco Trading GmbH, a municipal energy procurement company based in Munich, has chosen Previse Systems as the supplier of its new Energy Trading and Risk Management (ETRM) solution.
The decision to replace the existing ETRM application with a new one was mainly motivated by the changing requirements in short-term electricity trading and the increasing importance of renewable energies. In particular, the high system performance required due to increasing trading volumes and the introduction of various new green products and associated marketing strategies were decisive factors. By choosing Previse Coral, Syneco has opted for a future-proof ETRM platform based on a modern technology stack.
Previse Coral is an ETRM system based on an advanced, cloud-native architecture that promises outstanding performance and scalability. As a true software-as-a-service solution, Previse Coral takes care of hosting the infrastructure, technical operations and ensures the continuous implementation of incremental updates. This eliminates the need for large and costly release updates. In addition, the master data-as-a-service approach promises faster implementation of the system and significantly reduces the effort required to migrate static data. In addition, missing functionality can be easily integrated via Apps that communicate with Coral independently and encapsulated from the core system via the holistic REST API framework. This avoids adjustments to the core system and the associated disadvantages of traditional customising.
“Previse impressed us with its professional appearance during our selection process and was able to assert itself against established competitors on the ETRM market.” said Karoline Stich, CIO at Syneco Trading GmbH. “The technical architecture of Coral promises high scalability, availability and performance. We are looking forward to modernising our system landscape with Previse Coral as an important component and making it future proof for the requirements of short-term trading and green energies.”
“We are thrilled that Syneco has chosen Previse Coral as their future energy trading solution,” said Asbjørn Hansen, CEO of Previse Systems. “As a customer of strategic importance for us in the German market, Syneco’s decision highlights the necessity of modern technology in today’s energy trading. We are confident that our ETRM platform will provide Syneco with the core trading IT they need to achieve the performance and flexibility that their business demands.”
About Syneco Trading GmbH
Syneco is a leading municipal energy procurement company. As the energy market changes, we are evolving from a trading company into a provider of services for all stages of the energy procurement process. Our offering covers all relevant services for energy procurement at municipal energy supply companies. These include market access, market information and energy logistics as well as portfolio and risk management.
We are a Plus Company of Thüga Aktiengesellschaft. With the Plus companies, the Thüga Group endeavours to efficiently combine various services in the Thüga network.
The aim of Syneco is to save costs through bundling and automation. This is achieved through long-term partnership at eye level. We ensure low procurement costs with the highest quality in all processes. In close cooperation with our partners, we develop solutions for individual requirements, focussing on flexibility, speed and, above all, trust. For a forward-looking, cost-effective and environmentally friendly energy supply.
About Previse Systems
At Previse Systems, we fundamentally reshape the way Energy Trading and Risk Management (ETRM) software is designed, implemented and operated. We offer a highly performant SaaS solution for European electricity, natural gas and certificates trading – combining modern software architecture with the latest available tools and technology.
As a conceptual innovation, we build on the notion of “community”, with an infrastructure for energy companies to leverage synergies through collaboration in the IT domain. The goal of this is simple: better software, faster and at lower cost. We create software without any legacy burden. Our data structure follows accepted market standards, which drives easy and fast data migrations, and is also a core factor of strong system performance.
With Previse Systems, energy companies are well equipped to master the challenges of a fast-evolving environment.
