Molecule, the leader in cloud-native ETRM/CTRM software, and Fidectus, a Swiss SaaS company revolutionizing post-trading in over-the-counter energy and commodity markets, have announced a technical partnership. This partnership will include an integration to allow straight-through processing of deals in Molecule, to the Fidectus platform.
Molecule and Fidectus are developing the integration between the two software platforms. It will be available in the first half of 2022.
Molecule, launched in 2012, is the leading next-generation multitenant ETRM/CTRM, offering world-class usability, cross-commodity support, and integrations to next-generation best-of-breed software.
Fidectus commercially launched in 2019 and offers a cloud platform for confirming trades between companies and reconciling and financing settlements and broker fees between companies. Based in Europe, they are expanding into the North American market.
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Sameer Soleja, CEO of Molecule, said, “Our two software platforms represent market leading technology. It is crucial that the best vendors in the industry work together to continue making our customers’ lives easier.”
“We are excited to announce this partnership,” said Jens Bartenschlager, CEO and co-founder of Fidectus. “Both of our companies share a vision for modernizing energy trading and for creating software our customers love.”
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