Taking commodity trading to the next level

1. Guided by digitalization

The world we live in is constantly changing. New business models are developed continuously to adapt and react to the rapid changes in the markets. Moreover, the progressive digitalization of processes leads to a more efficient way of working. Digitalization ensures that the future in our minds becomes reality at breakneck speed.

So, how do you as an energy provider, utility or supplier keep up with this pace in such a rapidly evolving environment? Through adaptation! Energy providers, utilities and suppliers need to become more agile, more flexible and, above all, more innovative in all areas – including commodity trading.

To make this happen, you need a clever combination of mind and machine.

2. A clever combination of mind and machine

For us, our employees are the highest asset. Every one of them is a specialist in a certain field and should be able to work as efficiently as possible. So, we asked ourselves: “Why should employees be expected to get used to processes instead of actively helping to design, improve and adapt them to their daily needs and challenges?” 

In Digital and Algo trading, it's all about making the best decisions quickly and being able to react promptly to market changes. Adapting to constant changes and being able to process more and more data is crucial to this sector.

Efficient work and constant improvement are more important than ever. We see digitalization as an opportunity for development and improvement – therefore, we created “CODIST” (Commodity Digital Innovation Systematic Trading). 

With CODIST we want to bring Digital and Algo trading to a new level by creating a one-stop-shop. This means we design compliant, reliable, high-quality Digital and Algo trading tools. We develop them, maintain their functionality and offer support to our traders. Strong commercial focus and usage of agile methodology is fundamental to this approach.

However, CODIST is not a tool. It’s more of a cross-functional movement and functions as a centralized tailor-made solution unit for Uniper departments all over the world. This way, all employees can benefit from each other's knowledge, solve problems, and actively help shape the future of work.

It is our mission to embrace machine learning and artificial intelligence and to enhance algorithmic trading. We aim for making this a natural part of our daily work at Uniper. Together we try to come up with the best combination of mind and machine for all our colleagues.