Remitor

Your REMIT reporting platform


Solien as an operator of REMITOR is registered RRM (Registered Reporting Mechanism) entitled to provide REMIT reporting services on behalf of the energy market participants.

The energy sector is more and more influenced and challenged by legal and regulatory requirements. The national and European authorities are introducing series of new regulations with many provisions already in force, with more to be followed. For instance as Regulation (EU) No. 1227/2011 of the European Parliament and of the Council on wholesale energy market integrity and transparency (called as REMIT). Foreseeing these challenges, Solien endeavour to create a regulatory platform incorporating the technical components of global regulations - REMITOR.

What is REMITOR?

We provide our clients with modern approach how to fulfil REMIT requirements by using REMITOR tool. REMITOR is secured cloud-based platform where the client has dedicated cloud infrastructure as a completely hosted and managed solution with no associated hardware or maintenance costs, automatic scaling as required and complete disaster recovery including the software for reporting management. In the same time clients are welcome to ask for individual platform solution just fitting to their needs and scope of the business.

The REMITOR functions:

Report Process Management
REMITOR enables to see status of all reports in a very efficient and user friendly way. It enables to recognise any required measures that have to be taken.

Data Conversion
REMITOR enables automatic conversion of your trade or fundamental data into required formats as XML, edig@s, etc.

Content Validation
The REMIT reports will be made up of up to 58 data fields (in case of a standard contracts) respectively 45 data fields (in case of non-standard contracts), considering another reportable details for fundamental data, and not all fields will be required to fulfil in a single report of respective transaction case. Therefore REMITOR includes also content validation tools avoiding an invalid processing from ARIS (ACER Reporting Information System) side.

Outputs Management
REMITOR includes also a management tool for the ACER output messages as a part of REMIT reporting fulfilment evidence respectively as evidence of individually submitted report validation.

Information Security
REMITOR private cloud-based platform keep information security by a preservation of confidentiality, integrity and availability of information.

  • Confidentiality = information is not made available or disclosed to unauthorized entities (i.e. individuals or systems)
  • Integrity = safeguarding the accuracy and completeness of information
  • Availability = being accessible and usable upon demand by an authorized entity

Data Submission
REMITOR is able to submit trade and fundamental data report via interfaces designated by ACER correctly signed and encrypted with required certificates and PGP key.

Non-stop operation
Subject to service outages and planned maintenance activities, the REMITOR services are available 24/7.

Simple backloading
Ability to backload all outstanding trade and fundamental data as required by REMIT obligations, alternatively those data being requested by ACER ex-post.

Keeping updated
We keep REMITOR still updated from regulatory, technical and operational point of you to be sure that the reporting obligations of our customers are properly fulfilled.

Get benefits by using REMITOR

  • User friendly, automatic, effective and secure reporting tool fully in compliance with REMIT regulation.
  • Economically the most convenient and manually less demanding tool.
  • Full management and control over submission process and status of individual reports.
  • You might be immediately ready to fulfil your reporting obligations by registration in respective NRA and utilization of REMITOR platform.
  • Fully-valued tool for declaration of reporting REMIT requirement fulfilment.
  • You might outsource your ACER supervision by using our RRM service when we undertake all strict organisational, technical and operational obligations coming from REMIT on behalf of you.
  • Ability to use this tool for other reporting obligations coming for instance from EMIR regulation.