Mälarenergi Selects Hansen Trade for Automated Intraday Trading
Hansen Technologies (ASX:HSN) is pleased to announce the signing of a new agreement with Mälarenergi. Under the terms of the agreement, Hansen Trade will enable the Swedish utility company to automate continuous intraday trading operations in Nord Pool’s intraday market.
The trading environment is rapidly transitioning towards one that is automated, making manual trading more challenging and costly. This changing market environment has pushed energy companies to reassess their processes and tools in order to maintain competitiveness and take advantage of opportunities in the market. Hansen Trade enables energy companies to automate manual trading processes and utilise the value potential of the intraday market.
Björn Lundkvist, Head of Trading, Mälarenergi, commented: “Over the course of the last few years, the intraday market has changed significantly – and we have realized the challenge as it pertains to manual trading. The role of intraday trading continues to become more significant when the share of weather-dependent renewable energy production increases. Therefore, we saw a clear need for an automated trading system, and were convinced that with its strong track record and state-of-the-art technology, Hansen Trade was the right solution when it came to the automation and streamlining of trading operations.”
Scott Weir, Chief Executive Officer, EMEA, Hansen Technologies, commented: “This agreement is a testament to Hansen Trade’s success in the Nordic region. Our solution enables Mälarenergi to attain significant commercial benefits and modernise its daily trading operations. Hansen is proud to provide our customers with competitive advantages that enable them to optimise critical business operations with modern tools in a rapidly changing environment.”
Run as a cloud-based SaaS solution, Hansen Trade fully meets the flexibility and scalability demands of the evolving energy trading market. This agreement with Mälarenergi follows the recent expansion of the partnership with Power-Deriva.
For further information about Hansen Technologies, please visit www.hansencx.com.
About Hansen Technologies
Hansen Technologies (ASX: HSN) is a leading global provider of software and services to the energy, water and communications industries. With its award-winning software portfolio, Hansen serves 550+ customers in over 80 countries, helping them to create, sell, and deliver new products and services, manage and analyze customer data, and control critical revenue management and customer support processes.
For more information, visit www.hansencx.com
Mälarenergi is an infrastructure service company with more than 700 employees. The company is located in Mälardalen and delivers electricity, heating, water, cooling and speedy communication solutions with associated services. Mälarenergi offers energy-efficiency services to corporate customers in the region, and also sells electricity to private and corporate customers throughout Sweden. The group is owned by the city of Västerås and has sales of approximately SEK 3 billion. For more information, visit https://www.malarenergi.se
Senior Corporate Communications Manager
About Business Wire
(c) 2018 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
World Government Summit “21 Dialogues” to Deliver 21 Post-Pandemic Predictions8.3.2021 13:22:00 CET | Press release
The World Government Summit Dialogues will deliver 21 predictions for the future social, economic, and political order, between 9 – 10 March. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210308005451/en/ The World Government Summit Dialogues convenes world leaders for two days of virtual sessions to forecast the future trends that will shape the world (Photo: AETOSWire) The virtual event will host political and industry leaders from around the world, who will each offer their outlooks on the future of vital sectors including healthcare, space, cryptocurrency and more. Day one will open with a keynote from His Excellency Mohammad Abdullah Al Gergawi, the UAE’s Minister of Cabinet Affairs and Chairman of the World Government Summit Organization, on the priorities for governments in 2021, as they look to navigate the global recovery from the coronavirus (COVID-19) pandemic. Sessions on day one will focus on the future of Afri
Global Blue Acquires ZigZag Global, a Leading E-commerce Returns Platform8.3.2021 13:01:00 CET | Press release
Global Blue today announced the acquisition of ZigZag, a leading Software-as-a-Service (SaaS) technology platform that helps retailers manage worldwide e-commerce returns and exchanges more profitably, and consumers to enjoy a smoother and enhanced return experience. ZigZag enables merchants to optimise their e-commerce growth E-commerce returns are a big problem for retailers with more than 40% of orders on average being returned. ZigZag’s technology platform addresses this issue by digitalising the e-commerce returns process and improving the returns experience for both consumers and retailers. It replaces outdated paper-based “label in the box” solutions with a best in class online returns portal that offers a greater range of shipping options including post office, parcel shops, lockers and collection from home, as well as exchange alternatives. In parallel, it optimises retailers’ profitability by reducing logistical costs via consolidation, local market resale, and inbound consum
IFF Announces Agreement With Sachem Head8.3.2021 12:55:00 CET | Press release
IFF (NYSE: IFF) today announced that it has reached an agreement with Sachem Head Capital Management LP (“Sachem Head”), under which Sachem Head will have the option for Managing Partner Scott Ferguson to join IFF’s Board of Directors between September 10, 2021 and December 31, 2021. Should Sachem Head choose to have Mr. Ferguson join the IFF Board, the Board would expand from 13 to 14 directors. “We have engaged in constructive conversations with Sachem Head around our plans to achieve the full potential of our combination with DuPont’s N&B business for the benefit of all shareholders,” said IFF Chairman and Chief Executive Officer, Andreas Fibig. “This agreement reflects our commitment to continued shareholder engagement and long-term value creation as well as to ensuring we achieve the substantial cost and revenue synergies that we have identified in connection with the N&B transaction.” Scott Ferguson, Managing Partner of Sachem Head, said, “The recent actions taken by IFF undersco
Velodyne Lidar Announces Executive Appointments to Advance Company’s Continued Global Lidar Market Leadership8.3.2021 12:48:00 CET | Press release
Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced that it has appointed Sinclair Vass as Chief Commercial Officer, succeeding Mike Jellen. Mr. Vass joins Velodyne from Focuslight Technologies, where he served as Corporate Senior Vice President and was responsible for driving profitable growth as the leader of its Laser Optics Business Unit. As Chief Commercial Officer of Velodyne Lidar, Mr. Vass will be responsible for worldwide sales and deepening the Company’s customer relationships. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210308005136/en/ Sinclair Vass, Chief Commercial Officer, Velodyne Lidar, Inc. (Photo: Velodyne Lidar, Inc.) In conjunction with Mr. Vass’s appointment, Mr. Jellen has been promoted to Chief Strategy Officer, where he will be responsible for advancing Velodyne’s growth through mergers and acquisitions and corporate development initiatives. Both Mr. Vass and Mr. Jellen will report directly
CLERHP Estructuras Signs a 10,000,000 Euros Equity Commitment With LDA CAPITAL8.3.2021 11:22:00 CET | Press release
CLERHP Estructuras, an Engineering and Construction company based in Murcia (Spain) and listed on the BME GROWTH, has signed a 10 million euros equity commitment with the global alternative investment firm LDA Capital. The Company, with subsidiary companies in Bolivia, Paraguay, and Uruguay, is developing a new software for the AECO sector. CLERHP provides solutions for the optimization of building structures and new applications in the Virtual and Augmented Reality (AR) space for on-site productivity solutions. Juan Andrés Romero, president and CEO of the group stated: “The support of LDA Capital with the 10 million euros equity commitment guarantees our strong growth and will accelerate our digital projects”. Warren Baker, Managing Partner of LDA Capital, commented, “The time has come for the architecture, engineering, construction and owner (AECO) industry to adopt new technologies. As the industry looks to leverage new technology infrastructure to vastly improve the efficiency of p
Laura Schwarz Moves Up at Airship8.3.2021 10:00:00 CET | Press release
The customer engagement platform for major brands Airship, wants to further expand its market leadership in the EMEA region and continue to grow both in market share and awareness. In order to consistently pursue this goal, the company is placing sales responsibility in this region in the hands of Laura Schwarz, who previously demonstrated her expertise as Airship’s Country Manager for Central and Eastern Europe, where she was responsible for new business in this region, among other things. The Munich based sales leader, will be heading the entire sales team across Europe, with the goal to support more European app owners in optimising their mobile marketing strategies. Schwarz, who speaks several languages, looks back on a varied career with different stations. After studying International Management in Heidelberg, she first founded her own company at the age of 22. She worked for the agencies Havas and pilot before discovering SaaS tech sales for herself and developing the DACH marke
Sabio Group Acquires makepositive, Expanding Focus on Customer Relationship Management8.3.2021 10:00:00 CET | Press release
Sabio Group, a leading European full service CX provider, has acquired makepositive, a large UK-based independent Salesforce consulting partner. makepositive will strengthen Sabio’s ability to support customers with transformative cutting-edge CX technologies, particularly addressing the Human Service aspect of the CRM Customer Engagement Centre. Founded in 2003, makepositive is a multi-award-winning Salesforce consulting partner, with circa 180 employees, offices in London and Manchester, and a development centre in India. makepositive has over 120 Salesforce-accredited consultants with 700+ Salesforce certifications amongst them, as well as its own dedicated managed services capability. The company has delivered Salesforce projects for leading organisations, including Allocate, Aston Martin, Fujifilm, Gamma, McCarthy & Stone, Sohonet, Visioncall and Wolseley. “With AI and conversational technologies now handling many routine CX enquiries, contact centre advisors handle a greater prop