ETC Madrid 25 April 2024

Postponed

New date will be announced soon

Energy Trading Club
Madrid

ETC is an industry nexus explicitly designed for energy professionals. It’s about meeting industry peers, exchanging ideas, challenging the norms, and establishing meaningful connections!

Register your interest below

POSTPONED



14:30
Arrival at Venue

Tea & Coffee

All

15:00
Official Event Start

Event Welcome

Marc Zumstein
Co-founder & Head of Commercial - Previse Systems

TBC
CubeLogic


15:15
Keynote Speaker

Geopolitical Risks impacting Iberian Energy Trading

Alex Zaikin

Head of Credit at DRW


16:00
Break

Tea & Coffee

All

16:30
Keynote Speaker

Topic to be announced soon...👀

Guest Speaker

17:15
Networking

Tapas, Beer and Wine

All Invited

HOSTED BY


EVENT LOCATION


Rafaelhoteles Atocha

C. de Méndez Álvaro, 30, Arganzuela, 28045 Madrid, Spain

REGISTER YOUR INTEREST HERE



ETC Ljubljana Jan 24

18th January 2024
FROM 14:00 TO 18:00

Energy Trading Club
Ljubljana

ETC is an industry nexus explicitly designed for energy professionals. It’s about meeting industry peers, exchanging ideas, challenging the norms, and establishing meaningful connections!

Sign up below

THE EVENT BEGINS IN ...


000 days 00 hours 00 minutes 00 seconds


13:30
Arrival at Hotel Cubo

Tea & Coffee

All

14:00
Official Event Start

Event Welcome

Marc Zumstein
Co-founder & Head of Commercial - Previse Systems

Helmut Spindler
CEO - PowerBot


14:15
Keynote Speaker

The Role of Now-Casting in Short-to-Intraday Trading, the three P's (Potential, Performance and Pitfalls)

Iztok Lapanja
Head of Advanced Analytics - Interenergo

14:45
Break

Tea & Coffee

All

15:00
Keynote Speaker

SEE Power Market Update

Gabor Szatmari
Manager CEE - EnAppSys

15:15
Keynote Speaker

Upcoming changes and pitfalls in intra-day markets

Helmut Spindler
CEO - PowerBot

15:30
Keynote Speaker

Real-time data processing in energy trading

Florence Hayden
Head of Solution Consulting - Previse Systems

15:45
Round Table

Market challenges and potential solutions

Moderated by Florence Hayden
Previse Systems

16:30
Networking

Drinks, Snacks & Chats

All Invited

18:30
Evening Dinner

DA BU DA 

Register your interest below

HOSTED BY


EVENT LOCATION


Hotel CUBO

Slovenska cesta 15,
1000 Ljubljana

SIGN UP HERE



About us

Our Purpose


At Previse Systems, we have set out to make ETRM software

  • more performant,
  • really user-friendly,
  • simpler and quicker to implement,
  • fast and efficient to adapt,
  • easy to connect and expand, and
  • much more cost-efficient!

Our Essentials


Our team members

  • have been in energy trading software for a long time,
  • are competent,
  • work hard,
  • enjoy what we are doing, and
  • are proud of our achievements!

Your next step?


Are you interested in joining a winning team?

Check here for current openings, or just drop us a note and let us know what you could contribute to our ongoing success!

The Previse Team


Florence Hayden


Florence is passionate about what she does, and she does a lot at Previse Systems! For her, it is all about the interaction with customers – as a product manager, translating requirements to specifications, as a product specialist, assisting customers in implementations and beyond, and of course as a pre-sales expert, introducing prospective customers to the breadth and depth of the software’s capabilities.

Florence has spent several years implementing and integrating ETRM software at energy companies all over Europe, given her comprehensive insights into the day-to-day operations and related software system requirements for electricity, natural gas and certificates trading in the European markets.

Florence lives in the Zurich area of Switzerland.

Christine Clemons


Christine adds customer value as a main asset for software integration and implementation projects.

With 7 years of consulting and software implementation experience for energy companies on both sides of the pond, Christine combines her expertise in European gas and power markets with a solid understanding of the underlying challenges energy companies face in the current market. Her detail-oriented work ethic and high adaptability to different cultures and fast-paced work environments ensure that customer expectations are consistently exceeded.

Christine lives in the Düsseldorf area of Germany and although she loves all animals, she plans to get a cat in the near future.

Anna Zalucka


Anna fulfils a variety of roles – in design & development, data analysis and documentation for Previse Systems and also as product owner of the Master Data Management as a Service offering on behalf of ChorusLink.

Anna has 15 years of experience in finance, consulting, services operations and project management. Her attention to detail and ability to coordinate a multitude of diverse tasks in an efficient manner provides vital support to several areas of Previse operations.

Anna lives in the Zug area of Switzerland with her partner and their son. Once circumstances allow, she will have a dog.

Linda Bürgi


Linda supports our marketing and sales team as an intern. With a passion for bridging communication gaps and creating compelling content, she assists us in various areas including external communications, event planning and liaising with our clients.

Pursuing a Bachelor’s degree in Business Administration at the University of St. Gallen, Linda is passionate about deciphering customer needs and the art of effective communication tailored to different audiences.

Having gathered valuable work and study experience abroad, Linda appreciates the multicultural dynamics within the Previse team and with clients from different corners of the world.

Birgit Rauch-Zumbrägel


Birgit leads the legal, finance and human resources functions at Previse Systems.

With a background of over 30 years in setting up and running finance, legal, HR and operations departments across various industries, most recently for an energy software company, Birgit’s diligence, business acumen and experience ensure a best-practice approach to operations and prudent cost management for Previse Systems.

Birgit lives in the Zurich area of Switzerland.

Martin Steeger


Martin oversees software design and product management at Previse Systems, a role in which he merges disruptive visions with meticulous attention to detail.

Equipped with a 20-year background in the energy software industry, Martin has worked in both design and project roles at energy companies as well as for different software vendors. This has given him the unique insights into customers’ business processes and requirements that he now translates into Previse Systems’ software capabilities.

Martin lives in the Zurich area of Switzerland with his family and a few pets.

Asbjørn Hansen


Asbjørn is the soul and principal driving force behind Previse Systems.

Asbjørn has spent all his professional life – starting in 2000 – in energy trading. Initially working for a major utility in multiple different roles, he developed a profound expertise in business processes and their interplay with information technology, which eventually led him to join a vendor of trading software. Over the last 14 years, he has become a trusted adviser to some of Europe’s largest energy trading companies who have benefitted from his exceptional skills and his thorough understanding of energy value chains. His passion for excellence and his constant search for the optimal solution fuels Previse Systems’ vision for a new approach to energy trading software.

Asbjørn lives in the Zug area of Switzerland with his wife and Martin’s cat.

Basil Twisleton


Basil leads software development at Previse Systems.

With over 10 years of technical experience in the financial and commodity industries, he is well-equipped to deliver our software platforms to the world. A strong believer of “design it right, build it once”, he draws the perfect balance of skills to run our development team from years spent designing, developing, administering and supporting software systems.

Basil lives in the Zurich area of Switzerland with his girlfriend. (If he had a pet, it would be a panda bear.)

Péter Baghy


Péter wears several hats at Previse Systems. Besides his important contributions to product management – new feature design and development, quality assurance, release management, database management – he is also tasked with establishing and running customer support.

With a background of 10 years in a variety of roles around ETRM application management, including project implementation and support roles with both a leading gas trading company and an ETRM software vendor, his thorough understanding of technology and his commitment to customer satisfaction, Péter is an anchor team member for Previse Systems in various departments of our organisation.

Péter lives in the Zurich area of Switzerland with his wife.

Alex Suciu


Alex is a core contributor to various aspects of product development at Previse Systems.

Well versed in modern aspects of information technology, Alex’ specific areas of interest include distributed systems, machine learning, “big data” and data engineering, business intelligence and advanced analytics. In combination with a sound familiarity with the architecture of traditional E/CTRM solutions, his expertise is key to advance Previse Systems’ New Paradigm for energy trading software.

Alex lives in the Zurich area of Switzerland. He likes dogs but plans to have a cat in the course of 2022 now (didn’t happen in 2021 as originally planned …).

Marc Zumstein


Marc drives business development, marketing and communications at Previse Systems.

Marc has over 15 years of trading and risk management software sales and business development under his belt, 10 of which in the energy industry. He is passionate about efficient, transparent and professional interactions with customers and partners, and sees sales as the permanent quest for “win-win” for all involved parties.

Marc lives in the Zurich area of Switzerland with his family, four dogs and four guinea pigs.

Lorenzo Costantini


Lorenzo is a key resource in Previse Systems’ software development team.

Lorenzo combines a sound background in both technology and the energy markets with a drive to perfection and a fundamental curiosity about finding ways to continuously improve the software. His specific areas of interest include Smart Contracts, workflow management, trade load optimisation and the integration with algorithmic trading and quality assurance on those and other components of Previse Systems’ product. Lorenzo thrives on working through new concepts and translating customer requirements into working code.

Lorenzo lives in the Zurich area of Switzerland.

Benediktus Olschok


Benediktus advocates a compelling product experience driving the success of our customers by underlining the significance of quality assurance.

Benediktus brings 30 years of IT experience in various production, development, operation, and verification and validation contexts – mainly focused on product testing, infrastructure management, system and software integration as well as process definition. He strongly believes that product quality is a joint effort that needs to be built in, not bolted on.

Benediktus lives in the Nuremberg area of Germany with his family. They don’t have pets but like strange owls.

Mart Postma


As an intern, Mart is driven by a strong desire to delve into the intricacies of the ETRM field and learn from the seasoned experts at Previse. He joins us with a Bachelor’s degree in Business Information Technology from the University of Twente.

Mart contributes to optimizing internal IT processes and enhancing Coral through business-driven requirements. Before Previse, Mart excelled in the Business & IT interface as an account manager at a SaaS startup.

Mart’s exposure to multiple European countries has cultivated a profound appreciation for the international environment that Previse and Zurich offer. Mart currently lives near Zurich and has developed a great passion for the Swiss mountains. Additionally, Mart harbors a fondness for chickens: If given the chance, he would happily relocate his chickens from the Netherlands to Switzerland.

Nate Pirc


For the last 10 years Nate has been spearheading innovation and strategic commercial initiatives for various software companies. The past five years have seen him play pivotal roles in commercial and product development. He has particularly excelled in steering projects related to PPA software, and advisory services, and contributing to the success of renewable software companies through comprehensive involvement in operations and maintenance.

Nate’s career is marked by a fervent commitment to turning groundbreaking ideas into tangible successes. His passion lies in navigating the entire product lifecycle, from conceptualizing MVPs to achieving market success.

Currently resides in Zurich with his partner and young son.

Casper Thomsen


Casper supports the finance team and brings valuable experience from his tenure in public accounting, previously serving a multitude of different companies.

Casper’s experience in public accounting allows him to set-up important processes and guidelines to ensure Previses’ adherence to the local Swiss financial rules, as well as ensuring the day-to-day operations are running smoothly at the Horgen office.

Living in Switzerland for the past 5 years with an international background, Casper fits perfectly into the strong international team at Previse, with Danish/Swedish roots as well as having lived in the US and Hungary for numerous years.

Casper currently resides in Lucerne and plans on relocating closer to Zurich soon.

Christopher Jankowski


Chris is a key contributor to the sales and marketing team, bringing fresh ideas and a much-appreciated outside perspective.

With 5 years of experience in SaaS business development, Chris is rapidly establishing his foothold in Previse Systems’ sales while at the same time supporting marketing as the company’s social media manager.

Chris has lived across many European countries and picked up several languages along the way, among them Polish, English, French and most recently also Spanish.

Chris lives in the Geneva area of Switzerland with his family.

Viktor Illés


Meet Viktor, a valued member of our product management team. With a robust background spanning over a decade in the IT realm of the oil and natural gas industry, he brings extensive expertise in support, project implementation, and business analysis to the table.

Residing in the scenic Zurich area of Switzerland alongside his wife, Viktor’s passion for innovative solutions and strategic insights adds immense value to our product development. His dedication and wealth of experience make him an integral part of our team, driving our vision forward with precision and ingenuity.

Argos


Argos is our Chief Canine Officer (CCO), a lively 2.5-year-old with a colorful past. During his early years, he lived through a toughening spell as a street dog in Hungary, where he had to fend for himself before finding his way to Switzerland. In his new household, alongside two other dogs, he has finally found contentment. He’s a canine chameleon, mastering commands (in Swiss German despite the Hungarian background!) like a pro and showcasing his inner cat indoors – lap-seeking, sofa-snuggling, and the ultimate couch potato during TV time!

With a keen killer instinct outdoors, he’s been responsible for the untimely demise 💀 of approximately 12 mice 🐁 (and counting!), one bird, and several other smaller creatures since joining us.

He loves tearing around at full speed and has a particular fondness for car rides. He’s also a people person, enjoying the company of humans. He frequently visits our office, where he fulfils a wide array of functions, from access control to general comforting.

Our Contributors


Torben Sørensen


Torben supports Previse Systems as a Product Market Specialist and contributes with a wealth of experience in the industry. With a career spanning 10 years in front office energy trading roles, followed by another 10 years in internal and external consulting positions, he has honed his expertise at the intersection of business and IT.

But Torben isn’t just all business. Back home in Denmark, he’s a family man, happily married and expertly juggling the demands of three kids.

Simon Wood


Simon acts as the Head of Delivery at Previse Systems ensuring the successful implementation of the software for our clients.

With over 23 years of project and large program management experience, as well as 10 years working for ETRM vendors, he is well-equipped to drive and ensure successful delivery of our software platform for our clients.  A strong believer of “do the right thing, not the easy thing”, he works tirelessly to create an atmosphere of collaboration across Previse Systems, our clients and our partner organisations – to ensure successful deliveries and joint successful outcomes for all parties.

Simon lives in West Sussex in the UK with his wife and pet cat Riley.

Eva Ollino


Eva acts as an interconnector between customers and product management – combining implementation tasks with the writing of specifications and software quality assurance.

Eva has 10 years of experience in software consulting in the energy sector, where she has worked in in various roles both for a software vendor and for a utility as software user, namely project manager, analyst and implementation consultant. She enjoys working with energy companies and translating business requirements into software functionalities. With her profound experience, her structured approach to problem-solving and her sense of duty, customers can rely on her to consistently deliver targeted solutions.

Eva lives in the Tallinn area of Estonia with her husband and two kids.

Megi Cekada


Megi brings a wealth of experience to the master data team. With a remarkable 13-year tenure as the leader of a hospitality and brewing company, she decided to embark on a new professional journey, leading her to Previse Systems. Known for her attention to detail and ability to multitask, Megi is motivated by challenges and the chance to learn new skills. She currently resides in Croatia with her family and dog.

Stuart Bishop


Stuart leads various aspects of product development at Previse Systems.

Stuarts works as a product owner for the Framework UI and collaborates on many core functionalities, but his primary focus lays with the App EcoSystem. He fulfills the role of both architect and developer – creating and bringing this phenomenal suite of technologies to life. Stuart believes that Apps are the way forward for enhancement, customization, and integration of Coral with client and third-party systems.

Stuart has worked as a developer in the CTRM sector for longer than he can remember. He loves working with clients and wielding our technologies to solve their problems, nearly as much as he loves creating the technology itself.

Stuart lives by the Grand Union Canal in the heart of England, where with his partner, Stuart raises ungrateful ducks, makes glass, and plays the guitar … poorly.

Phillip Reynolds


Phillip contributes with a wealth of experience in leading ETRM sales efforts to renowned ETRM organizations as our Senior Sales Executive.

With a keen understanding of customer needs and a knack for simplifying complex scenarios, he addresses pain points and eases the transition to a new ETRM software landscape. Collaborating closely with our growing partner network, Phillip ensures clients encounter the smoothest change possible.

London-based, Phillip might miss out on the Lake Zurich view, but he is definitely charting a course that is precisely aligned with Previse Systems’ mission. As a former competitive sailor and passionate cyclist, he brings just the right amount of energy to the team.

Darren Brough


Darren supports Previse Systems as a brilliant Senior Consultant.

Having started as a software developer, he moved into Implementation and Professional Services for natural gas, power, and physical liquids. Along the way he has worked with major clients such as ExxonMobil, SSE, INEOS and E.ON. “With 20 years’ experience in the energy market, I’m looking forward to working with new clients and moving them onto the Coral platform.”

Aside from his professional skills, Darren is a keen skier. As we prepare for new ventures in the energy sector, it’s not just on the slopes that we’ll be scaling new heights with Darren!


Resources

Materials for Download

Title
Product Owner – US Gas
Junior Functional Consultant
FORRS: New Frontiers in Energy Trading Architectures (Sep 2021)
Thoughts on Monolithic ETRM Implementations (Jul 2021)
Trade Templates & Market Templates (Apr 2021)
GoO Trading (Feb 2021)
Previse Brochure (Dec 2020)
Master Data Management as a Service (Nov 2020)
ChorusLink Brochure (Nov 2020)
White Paper (Oct 2020)

    Imprint

    Previse Systems AG

    Contact

    Previse Systems AG
    Loretohöhe 32
    6300 Zug
    Switzerland

    e-mail

    Authorised Representatives

    Asbjørn Hansen, CEO
    Martin Steeger, Head of Product Management
    Birgit Rauch-Zumbrägel, Head of Admin & Finance
    Marc Zumstein, Business Development & Communications

    Commercial Registry

    Registered Company Name: Previse Systems AG
    Commercial Registry Nr.: CHE-161.828.098

    VAT-Nr

    CHE-161.828.098 MWST

    Limitation of liability for website content
    The information presented on this website and any links provided are exclusively for the information of website visitors. Previse Systems AG does not guarantee the accuracy, up-to-dateness or completeness of the information shown on this website. Previse Systems AG excludes any and all liability for any damages which may arise from the use of this website and the information contained therein. This website may contain links to websites of 3rd parties (“external links”). These websites are solely the responsibility of their respective operators. At the point in time when the links were inserted, Previse Systems AG did not recognise any infringements of the law. Should at any point an infringement of the law become known to Previse Systems AG, the link in question will immediately be removed. Adding external links does not imply in any way that Previse Systems AG is claiming that their content as its own. This also applies to any links and advertising material (text ads or banners) as shown on these external websites.

    Copyright
    The information contained on this website is subject to Swiss copyright law. Any use, copying, reproduction or distribution of the contents of this website or any part thereof is prohibited without the consent of Previse Systems AG.

    Data protection
    Detailed information about the handling of personal data of visitors to this website is explained in the Privacy Policy of Previse Systems AG.

    Questions on the Disclaimer
    In case of any questions concerning this disclaimer, Previse Systems AG will be glad to answer them. Please direct your questions to the indicated contact address.


    Contact

    Previse Systems


    Interested to learn more about Previse Systems?
    Send us your inquiry via the contact form and we will respond to you within 24 hours.

    Subscribe to our Newsletter

    News

    Previse Systems Kicks Off ETRM Educational Mini-Series

    Listen in to Previse Systems' Asbjørn Bjarke Hansen talk about current trends in the energy markets and the competitive edge of the right technology in today's energy trading environment.

    Ørsted selects Previse Coral and ChorusLink for Day-Ahead and Intraday Power Trading

    Previse Systems announced today that Ørsted has selected Previse Coral and ChorusLink for their day-ahead and intraday power trading operations in Denmark.

    Florence Hayden joins Previse Systems as Product and Markets Specialist

    Previse Systems is excited to announce that Florence Hayden has joined our growing team as Product and Markets Specialist. With several years of international experience in the delivery and integration of ETRM software, Florence now fills a much…

    Fidectus and Previse Systems Enter Strategic Partnership

    Fidectus and Previse Systems today announced a strategic partnership to add Fidectus’ post trade pro-cessing capabilities to Previse Systems’ Coral Ecosystem.

    Péter Baghy joins Previse Systems as Product Expert

    Previse Systems is excited to announce that Péter Baghy joins our growing team as Product Expert. Peter comes equipped with more than 10 years of application management experience in the ETRM software world, which make Péter a great asset for…

    Anna Zalucka joins Previse Systems as Master Data Product Owner

    Previse Systems welcomes Anna Zalucka to strengthen our team as Master Data Product Owner. Anna’s wide skill set around operations management, business process analysis and project coordination provides Previse Systems with an important growth…

    Norlys Energy Trading Goes Live on First Release of Core ETRM Platform

    Previse Systems announced today that Norlys Energy Trading has successfully taken the first release of it new Core ETRM platform – based on ChorusLink, Previse Coral and the Coral Ecosystem – into production.

    Christine Clemons joins Previse Systems as Product and Markets Specialist

    Christine brings a wealth of experience in consulting and implementing energy software to Previse Systems. With her ex-tensive knowledge of gas and power markets combined with her solid understanding of the underlying challenges energy companies…

    European Energy Goes Live on Previse Coral

    Previse Systems announced today that the initial implementation of Previse Coral at European Energy A/S has been successfully completed.

    Norlys Energy Trading Selects Previse Systems as Partner for the Delivery of its Core ETRM Platform

    Previse Systems announced today that Norlys Energy Trading has chosen Previse Systems as their partner for the delivery of its Core ETRM platform, which will be based on ChorusLink, Previse Coral and the Coral Ecosystem.

    Plug & Play Connectivity from the enmacc Trading Platform to ChorusLink & Previse Coral

    Automatic integration of transactions executed on the enmacc Trading Platform to the ChorusLink Common Trade Repository and Previse Coral ETRM Solution via Lead Consult’s Universal Loader.

    Eva Ollino joins Previse Systems as Product and Markets Specialist

    Eva’s strong background in energy consulting and project management with energy companies across Europe strongly enhances Previse’s capabilities and bandwidth in customer delivery and product management.


    Resources

    Materials for Download


    Title
    Product Owner – US Gas
    Junior Functional Consultant
    FORRS: New Frontiers in Energy Trading Architectures (Sep 2021)
    Thoughts on Monolithic ETRM Implementations (Jul 2021)
    Trade Templates & Market Templates (Apr 2021)
    GoO Trading (Feb 2021)
    Previse Brochure (Dec 2020)
    Master Data Management as a Service (Nov 2020)
    ChorusLink Brochure (Nov 2020)
    White Paper (Oct 2020)

      Software

      Previse Coral


      Previse Coral is a uniquely designed Energy Trade and Risk Management (ETRM) system, based on the ChorusLink common trade repository. Previse Coral stands for highly performant valuation and reporting, combining external (market-facing) trades, pushed automatically from ChorusLink, with internal trades, production/consumption forecasts as well as market prices.

      Using in-cache reporting for superior performance, Previse Coral calculates mark-to-market, profit & loss as well as exposures, and also includes robust management of limits and market conformity. Previse Coral utilizes the standardized master data repository in ChorusLink, updating automatically when new master data becomes available.

      The valuation and reporting engine is designed for classical end of day reports as well as real-time valuations – the latter employs data aggregation to avoid wasting resources on revaluing positions that have not changed.

      Whether portfolio-relevant changes arrive in terms of prices or position changes, the engine automatically generates delta time series and pushes these to any subscribing reports converted to the currency and unit of the report.

      The Previse Coral approach serves as the valuation and reporting basis and provides more accurate and timely visibility of positions than otherwise available in today’s marketplace.

      Previse Coral Technology


      Previse Coral is developed using .Net Core, microservices and Azure functions (serverless computing); it is optimised for performance and designed for granularities down to 1 minute.

      Previse Coral is delivered as subscription-based Software as a Service (SaaS), hosted in Microsoft’s Azure cloud, with continuous delivery and release management down to microservice level. It includes with built-in automated testing – i.e. entirely avoiding any future (traditional) upgrades of the solution.

      The design ensures that the solution is state of the art, flexible and extremely low-cost for companies to deploy and maintain. In addition, it simplifies the IT landscape and the related cost of ownership significantly.

      Coral Ecosystem


      The Coral Ecosystem complements Previse Coral with an app-store-like platform to add custom or reusable functionality to the software. The Ecosystem allows Previse Systems, Coral customers or 3rd parties (e.g. software developers or consulting companies) to develop, publish and resell Apps to add specific functionality onto Previse Coral. The design ensures that the Apps are seamlessly available as part of the overall solution. The Ecosystem also allows Coral customers to resell Apps they have built to other companies to share development and maintenance costs, and also to build and maintain Private Apps, if the functionality is deemed proprietary or sensitive from a competitive point of view.

      A core benefit of the Coral Ecosystem lies in its facilitating distributed development, removing the bottleneck of a single development department responsible not only for new software production, but also of supporting (typically various versions of) a software.

      External developers of Apps deliver standardized functionality (e.g. interfaces) that can be be used across multiple customers ensuring speed and cost efficiency. The Ecosystem ensures that any enhancements are automatically deployed to all customers ensuring that they always have the latest version of the App.

      By offering off-the-shelf Apps which are already tested and deployed at other customers, the Coral Ecosystem delivers a unique advantage for Coral customers by minimizing their time to market. The Coral Ecosystem also caters for the following processes:

      App Development Partners have access to development and test environments as well as extended API documentation and tools, allowing them to develop Apps in the most efficient way. Previse conducts code reviews and perform quality checks for Apps that will be made available for resale on the Ecosystem.

      • App Purchasing: companies can buy available Apps directly from certified vendors via the Ecosystem. As Apps have a limited lock-in period, the quality/price relation is warranted – customers can easily test alternative Apps and switch to these, if their proposition is seen as superior.
      • App Commissioning: companies can contract with a development partner for the bespoke delivery of specific functionality in the form of an App.
      • App Tendering: companies can post their requirements for certain functionality to be developed in the form of an App for a) other companies to join the request and b) for development partners to submit proposals. This will be facilitated on the platform and ensure competitive bids.