Become a Founding Participant
EDH has come a long way in planning and testing during its initial development stage. We are now ready to deploy its services in the marketplace. Current company participants are known as ‘founding participants’ and they play an important role in shaping EDH. Because EDH is a novel concept, we expect to make adjustments according to our founding participants needs as we proceed with the current build-out stage. This affords unique opportunities for founding participants.
Value to participants & industry
As our participants compare status quo market transparency with what EDH promises, they see a spectrum of values that make participation in EDH an absolute must. Because the EDH data is so rich, new metrics so numerous, and involvement with EDH viewed so positively by outside stakeholders, there is a portfolio of value sources available.
First, we’ve found from our test phase that each participant draws from that portfolio of values according to their specifics. EDH data will be invaluable for market analysis. EDH will enable much deeper studies of price formation than possible today, by going far beyond today’s aggregated indexes & allowing drill-down into individual transactions. Furthermore, EDH will make available critical market characteristics like liquidity, volatility, and transaction types, thereby yielding new analyses that are not possible today. Add risk modeling, curve validation, and hedge design, - to mention a few additional areas where EDH is transformational - and it becomes clear why our participants eagerly anticipate EDH’s operational phase. In addition to benefits to individual companies, participants anticipate benefits to the markets in general. We expect that EDH’s transparency will be a strong catalyst for increased market liquidity, healthy growth in existing markets, and the emergence of new innovative markets. Index publishers are sure to bring price indexes for new locations and transactions. These benefits are shared by all involved in the energy industry as they help support the best industry outlook of fair & reasonable prices, financial health, and most effective regulatory activity.
Security as a Top Priority
Efficient and secure data management is a primary assignment for EDH. Our data-installations and data management process will be subject to the highest level of scrutiny in terms of security, and will of course be certified according to all latest best practice standards appropriate. We are currently designing our data management processes to comply with standards such as AICPA and SAS70.
All data rendered to the EDH will be stored in a secure data center then validated, anonymized, and standardized for nomenclature. Outsiders will only have access to the processed database of anonymous information. All non-anonymous data will never be stored more than five days before being deleted, ensuring our clients full and complete anonymity (though if requested, EDH may provide an independent transaction archive)