Systems
The trading, operations and reporting core of an energy or finance business. Built new, rebuilt, or merged after an acquisition. With agent controls, for the firms putting AI to work on it. By the people who built it at Shell, Centrica and Limejump.
What the core does
Books that stay right
A trade that breaks a rule cannot be saved. A trader, a script and an agent meet the same rules.
Three layers of P&L
Fast for the trader. Human for the desk head. Accurate for finance and the regulator. One source.
Any past date
Positions and P&L as they stood on any past date. A correction keeps the original beside it.
Regulatory reporting is a by-product: EMIR and REMIT filings come from the same data as the P&L.
Who it is for
A new desk. An energy desk, a fund, a trading house, an optimiser or a utility. The core has to work on the first trading day.
A modernisation. A stack that no longer ties out, or cannot yet let an agent write to it safely.
A stack inherited in an acquisition. It has to be merged, or run, without stopping the desk.
Agent controls for trading systems
For the head of AI security or platform security at a trading firm or fund.
AI agents now change algorithms, amend books and draft filings. The firms that win let them work at full speed, because every action is checked first.
The admissibility layer, above identity and sandboxing. Identity says who the agent is. A sandbox says where it may run. Admissibility says whether its action meets the firm's written rules, the person's authority and the evidence in hand.
Change control for agent-written changes. A change to an algorithm or a book is checked and recorded before it goes live. The same path whoever wrote it.
The evidence record. Every decision, allowed or refused, leaves a record. A third party can check it without access to your systems.
How it is delivered. A diagnostic first: where agents act today, what checks them, and the gaps. Then an embedded programme inside your platform and security team, with Morpholog as the core. Your team owns the controls when we leave.
We built the trading cores at Shell, Centrica and Limejump, and the sensor data platform below.
Work
Shell. Real-time position and P&L across six commodity desks: power, gas, LNG, carbon and coal. EMIR and REMIT filings from system data. Still running.
Centrica. High-throughput market and fundamentals data pipelines. Real-time analytics across trading, risk and settlement.
Limejump. Day-ahead trading automation on EPEX SPOT and Nord Pool for the whole floor. Built from scratch, live with settlement.
Capture Energy. Two production bills recomputed from the client's own records, to test a billing platform before it was built.
A sensor data platform. A terabyte-scale production database cut by 87 percent with no downtime, and the cloud bill halved.
How we work
Directly. We lead the build with your team, to the cut-over. Or we deliver a defined outcome at a fixed price.
Inside your consultancy's programme. You hold the client. We bring the trading knowledge and the core.
Contact us first
If you are building the desk that agents and algorithms will work on, talk to us first.
Contact us