Previse Coral Deployed by SEFE Marketing & Trading
Previse Coral, the next-generation Energy Trading and Risk Management (ETRM) platform, has gone live with its initial rollout at SEFE’s trading and sourcing arm, SEFE Marketing & Trading Limited.
The launch marks the beginning of a phased replacement of SEFE’s legacy Power ETRM system, designed to improve speed, flexibility, and scalability across rapidly evolving European power markets. Previse Coral was selected for its cloud-native architecture, advanced trade capture and pricing features, multi-currency support, and open APIs that enable seamless integration, custom analytics, and continuous development.
Following the initial deployment, SEFE is now using Previse Coral to manage its European power futures business, capturing and processing thousands of trades each day for end-of-day valuations, and broker settlements. The move marks a key milestone in SEFE’s strategic technology transformation to replace legacy systems with cloud-based, scalable solutions fit for future growth.
Over the past year, Previse Systems and SEFE collaborated closely to tailor Previse Coral to SEFE’s requirements.
Key developments include:
Price exposure reports and end-of-day valuations broken out by peak and off-peak blocks for precise P&L reporting.
Multi-currency P&L reporting, giving SEFE clear visibility across diverse markets.
Ecosystem Apps for automated VAT calculation on invoices and for missing-price detection, with notifications delivered both by email and through graphical dashboards inside Coral.
Building on Coral’s API framework and Microsoft Azure architecture, SEFE has developed bespoke interfaces that allow direct trade capture from various sources and seamless transfer of valuation and settlement data into downstream systems. This provides a real-time portfolio view that enhances operational efficiency and decision-making.
With this first phase complete, SEFE’s focus now shifts to the next phase: trading European physical power (Spots and Forwards) in Coral. In parallel, development continues on advanced pricing and discounting functionality to further strengthen analytical and reporting capabilities. Additional background on the project is available in a joint SEFE and Previse presentation at the September 2025 .NET meeting in London, accessible on Previse Systems’ YouTube channel.
The Previse Coral rollout represents an important step forward in our power trading infrastructure, introducing next-generation capabilities tailored to a high-performance, digitally driven trading business. This milestone highlights Trading IT’s commitment to delivering cutting-edge technology that empowers both strategic decision-making and operational excellence.
Cuan Brown, Executive Vice President of Trading IT, at SEFE Marketing & Trading Limited
We are extremely proud to partner with SEFE on this ambitious transformation. Their decision to adopt Previse Coral reflects a shared vision for a modern, cloud-native ETRM platform capable of meeting the speed, scale, and complexity of today’s European power markets. This go-live is a major milestone, and we look forward to supporting SEFE as they expand into the next high-volume phase of physical power trading.
Asbjørn Hansen, Chief Executive Officer at Previse Systems
About Previse Systems
At Previse Systems, we fundamentally reshape the way Energy Trading and Risk Management (ETRM) software is designed, implemented and operated. We offer a highly performant SaaS solution for European electricity, natural gas and certificates trading – combining modern software architecture with the latest available tools and technology.
As a conceptual innovation, we build on the notion of “community”, with an infrastructure for energy companies to leverage synergies through collaboration in the IT domain. The goal of this is simple: better software, faster and at lower cost. We create software without any legacy burden. Our data structure follows accepted market standards, which drives easy and fast data migrations, and is also a core factor of strong system performance.
With Previse Systems, energy companies are well equipped to master the challenges of a fast-evolving environment.