Trisha Shetty (Editor)

IP Systems

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Type
  
Limited company

Key people
  
Tamás Hock, CEO

Founded
  
2008

Headquarters
  
Budapest, Hungary

Number of employees
  
above 50

IP Systems httpsmedialicdncommprmprshrink200200AAE

Industry
  
Energy industry, Software industry

Products
  
See complete products listing.

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IP Systems Ltd. is a consultancy and IT solution provider specialized for the liberalized European energy market. Its applications support the whole energy trading process from forecasting and nomination to allocation and accounting.

Contents

History

IP Systems was set up in 2008. In 2011 the company has started its international growth too.

International participation

  • Gas Balancing-IP introduced in 2012 on the 4th Energy Trading Week was recommended for the use on regional level, furthermore in a unique way besides FGSZ Natural Gas Transmission Closed Company Limited, IP Systems was also invited by ENTSOG to the working group to help developing the European natural gas balancing model.

    • Products

  • TSO-IP: supports the every day business practice for all actors in the gas market such as managing capacity allocation, shipping duty nomination, and matching, and accounting.
  • Trading-IP: designed for energy traders, the balancing groups' responsible members, business customers and partners. It supports contract and capacity management, nomination, allocation etc.
  • Storage-IP: supports the operation of gas storages. Its functionality mainly covers all business processes of storages’ operation, ensuring all legal and regulatory compliances.
  • Gas Balancing-IP: helps the operation of a flexible daily market and to assist to maintain trade balance. Supporting activities such as D-1 day, intra-day and daily capacity trading, trading with HEG and HEGO etc.
  • Booking-IP: helps the market participants to acquire the necessary amount of capacity via consequent auctions.
  • Energy Market Analyzer-IP: is a software for identifying and supporting business development opportunities in the energy branch.

    • Awards and appreciations

  • Gas Balancing-IP won the ’ICT project of the year’ award of the IVSZ ICT Association of Hungary and National Innovation Office in 2012.

    • References

    IP Systems Wikipedia
    (Text) CC BY-SA


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