AET, an European public electric utility company, has started using SunGard’s Aligne for energy trading and risk management (RM). Aligne will streamline the trade lifecycle for AET’s power business and provide centralized risk monitoring.

Aligne will support physical power trading, generation management and position hedging, transmission management, price and credit risk management, settlement and invoicing as well as independent forward curves. Through Aligne, AET will be able to trade power more efficiently between Austria, Germany, Italy, Switzerland and France.

Click here for the release from SunGard.