Stop hand-building REMIT reports between your ETRM and your RRM
MIDL sits in the middle: it pulls trades from your ETRM, validates and transforms them into compliant REMIT Table 1 & Table 2 submissions, and delivers them to your existing RRM — with a full audit trail and deadline monitoring built in.
There's a gap in your reporting chain — and right now a human is filling it
Your ETRM holds the trades. Your RRM submits to ACER. Everything in between — extraction, mapping, validation, formatting, deadline tracking — is manual. That's the gap MIDL closes.
Your ETRM
Trades, orders and contract data live in your trading system — in its own formats and conventions.
Manual data prep
Spreadsheets, copy-paste, field mapping by hand, chasing missing ACER codes — error-prone and unaudited. MIDL replaces this step.
Your RRM
Your Registered Reporting Mechanism stays exactly where it is. MIDL delivers submission-ready files to it.
ACER
Reports arrive complete, on time, and consistent — with receipts and rejections tracked back to source.
Manual REMIT reporting is slow, risky — and the liability never leaves your desk
Manual data prep eats your week
Someone on your team exports trades, reshapes columns, looks up counterparty ACER codes and fixes formats by hand. Every cycle. Every change to a contract type starts the process over.
Deadlines are live, not theoretical
REMIT II is in force now. Standard contracts report T+1; non-standard OTC contracts report within 10 working days. Miss a window and the regulator doesn't ask whether you were busy.
You retain the liability — so own the audit trail
Outsourcing the work doesn't outsource the obligation: the market participant stays accountable. MIDL gives you a complete, timestamped audit trail so you can prove what was reported, when, and why.
The same obligation. A completely different Monday morning.
Today
- Trades exported by hand and reshaped in spreadsheets
- Field mapping and ACER code lookups done from memory
- Deadlines tracked in someone's calendar — or not at all
- RRM rejections discovered days later, fixed under pressure
- No single record of what was submitted and when
- Key-person risk: one holiday breaks the whole process
With MIDL
- Trades pulled automatically from your ETRM on schedule
- Mapping and validation against the current ACER schema, every run
- T+1 and T+10 deadlines monitored with alerts before they bite
- Rejections flagged immediately and traced to the source field
- Full timestamped audit trail of every submission and receipt
- Process runs the same whoever is — or isn't — in the office
Four questions to find out if REMIT reporting applies to you
If you answer yes to all four, you're a market participant with a transaction-reporting obligation — regardless of company size.
Do you trade wholesale energy products?
Electricity or natural gas contracts for supply or transport delivered in the EU or UK, including derivatives on them.
Are you a market participant?
You enter into transactions in wholesale energy markets — as producer, supplier, trader, or large consumer.
Are your contracts reportable?
Standard contracts on organised market places, plus non-standard bilateral/OTC contracts including transportation deals.
Are you registered with a regulator?
Registered with your national regulatory authority (or Ofgem in the UK) and holding an ACER/CEREMP code.
- Standard contracts traded on organised market places (T+1)
- Non-standard / bilateral OTC supply contracts (within 10 working days)
- Transportation contracts for gas and electricity
- Lifecycle events: modifications, terminations, corrections
- Final-customer contracts below the consumption threshold (10 MW electricity / 600 GWh gas per year, per site)
- Intragroup contracts that meet exemption conditions
- Purely physical retail supply outside wholesale markets
These deadlines are not coming — they're here
| Obligation | Deadline | What it means for you |
|---|---|---|
| REMIT II in force | Live now | Expanded scope, stricter data quality expectations and tougher enforcement powers already apply. Existing processes built for REMIT I may no longer be sufficient. |
| Non-standard OTC contracts | 10 working days | Bilateral and non-standard contracts must be reported within 10 working days of conclusion or modification — a tight window when data prep is manual. |
| Ongoing accountability | Continuous | The market participant remains liable for completeness, accuracy and timeliness — even when reporting is delegated. You need evidence, not assumptions. |
From ETRM to ACER in five automated steps
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Connect your ETRM
We connect to your trading system via API, database extract or scheduled file drop — no changes to how your traders work.
-
Map once, reuse forever
Your contract types, counterparties and delivery points are mapped to REMIT fields during onboarding. New trade types take minutes, not days.
-
Validate before submission
Every record is checked against the current ACER schema and business rules. Issues are flagged to you before they become rejections.
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Deliver to your existing RRM
Submission-ready Table 1 and Table 2 files are delivered to your RRM automatically, inside the T+1 and T+10 windows.
-
Archive the evidence
Receipts, rejections, corrections and every data transformation are logged in a timestamped audit trail you can hand to a regulator.
Simple monthly pricing, sized for mid-market desks
Every plan includes dual-REMIT (EU + UK) coverage, schema validation and a full audit trail. No per-trade surprises.
Starter Lite
For very small portfolios getting compliant for the first time.
- Up to 50 reportable contracts/month
- Scheduled file-based ETRM import
- Schema validation & deadline alerts
- Email support
Starter
For small desks with regular standard and OTC reporting.
- Up to 250 reportable contracts/month
- API or database ETRM connection
- Automated RRM delivery
- Rejection tracking & resubmission
- Email + chat support
Professional
For active mid-market traders who need full automation and evidence.
- Up to 1,000 reportable contracts/month
- Everything in Starter
- Lifecycle events & corrections handling
- Regulator-ready audit exports
- Quarterly compliance health check
- Priority support
Managed
We run your reporting operation for you, end to end.
- Unlimited reportable contracts
- Everything in Professional
- Named compliance operations contact
- Exception handling done for you
- Regulator query support
All prices exclude VAT. Annual billing available with two months free. Onboarding included on Professional and Managed.