Entra SYSTEM10 Develops Electricity Module.
Holmen Group in Stockholm, Sweden has implemented functionality for handling electricity contracts in their existing SYSTEM10 treasury system. The Electricity Module will handle OTC contracts, futures, forwards , as well as Nordpool contracts, futures, forwards, and options. ‘System10 has been our treasury system for many years. As the market for electrical power now in many ways is a financial market, it was natural for us to concentrate all our financial risks in the same system’, says Anders Almgren, CFO of the Holmen Group.