Energy firms gear up for new data management requirements

Dealing with a data flood

Dealing with a data flood

Under a raft of upcoming financial legislation, specifically Dodd-Frank in the US, and the European Market Infrastructure Regulation (Emir) and Regulation on Energy Market Integrity and Transparency (Remit) in Europe, energy market participants will soon have to report trades to various trade repositories.

This could have a profound effect on the way these organisations collect, store, standardise and send data, and will almost certainly result in far higher amounts of data needing to be process

To continue reading...