Grendor Energy Selects Previse Systems as Its ETRM Platform
Grendor Energy Solutions & Trading GmbH has selected the Energy Trading and Risk Management (ETRM) platform from Previse Systems. With the implementation of the new solution, the company is establishing the technological foundation for the development and expansion of its trading activities across the European power and gas markets.
As a newly established energy trading company, Grendor Energy aims to manage its trading, risk management, and settlement processes within a single integrated platform. Particular emphasis is being placed on options and volatility trading, supported by a scalable architecture that can accommodate future expansion into additional products, markets, and business models.
Previse Systems was selected for its modern ETRM platform, which supports the entire trading lifecycle—from front office and risk management to reporting, settlement, and regulatory compliance. Key decision factors included the platform’s extensive risk management capabilities, position monitoring functionality, and advanced valuation support for options trading.
As a young and growth-oriented trading company, it was important for us to choose a platform from the outset that meets our high standards for transparency, risk management, and scalability. Previse Systems particularly impressed us with its flexibility, its comprehensive options trading capabilities, and its clear vision for the future. We look forward to working together.
Dr. Karsten Peters, Head of Analysis and Data Management, Grendor Energy
Grendor Energy represents a new generation of energy trading companies: data-driven, highly specialized, and built for growth from day one. Our platform provides the technological foundation to efficiently manage complex trading and risk management processes while supporting the company throughout its continued growth journey.
Marc Zumstein, Chief Revenue Officer, Previse Systems
About Grendor Energy
Grendor Energy Solutions & Trading GmbH is a Germany-based energy trading company focused on power and natural gas trading across European markets. The company specializes in innovative products that enable customers to benefit from market volatility and pursues a growth strategy that includes expansion into additional trading products, structured contracts, and international markets.
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.