Benefits

The COMunity of Energy Transactors (COMET) platform delivers powerful advantages over most current bilateral OTC transaction processes.

Ease of Access

COMET uses cutting-edge web technology to create a rich application that is easy to access and use. This ASP model service requires no on-site infrastructure and no IT support — just open your browser to experience the benefits of COMET with virtually no cost of ownership.

Increased Market Scope and Scale

With the COMET unique market directory feature, your company can quickly and easily identify and transact with multiple potential counterparties in specific locations. This lowers price risk, increases deal velocity and substantially lowers origination costs in finding and maintaining counterparties.

Improved Process Efficiency

COMET provides an internally transparent and repeatable process for your company’s bilateral OTC transactions. It eliminates the need to use other media (mail, phone, email, IM, fax) and reduces the time it takes to originate, respond, execute and log transactions.

Confidentiality

With COMET you can publish a deal on your terms and confidentially negotiate the transaction. You can also conduct multiple, discreet negotiations simultaneously.

Reliable Audit Trail Logs

The COMET platform provides comprehensive audit trail logs and automated deal confirmations to assist with audit and regulatory compliance.