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Amerex Energy Implements Advanced Straight-Through Processing Technology for DTE Energy Trading; XCheck Technology Offers Customers a Secure, Web-Based, Single Point of Contact to Receive Trade Confirmations.
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PR Newswire
- Article date:
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September 9, 2004
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Copyright informationCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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HOUSTON, Sept. 9 /PRNewswire/ -- Amerex Energy and DTE Energy Trading announced today the successful implementation of Amerex's straight-through processing (STP) product, XCheck. XCheck is a web-based trade confirmation system that replaces the manual process of generating, transmitting and reconciling paper trade confirmations. The system includes an Application Program Interface (API) that defines workflows that fully automate the transmission and matching of Amerex trade confirmations throughout the front, mid and back office systems of DTE Energy Trading.
"This implementation marks another significant milestone for straight- through processing in the energy ...
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