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Data collection and data quality Market Integrity and Transparency - PowerPoint PPT Presentation

Jan 26, 2023 •12 likes •92 views

Public Data collection and data quality Market Integrity and Transparency Department 3 rd Market Integrity and Transparency Forum Ljubljana, 5 and 6 September 2019 1 Outline REMIT data collection Key figures and statistics Key

  1. Public Data collection and data quality Market Integrity and Transparency Department 3 rd Market Integrity and Transparency Forum Ljubljana, 5 and 6 September 2019 1

  2. Outline ● REMIT data collection » Key figures and statistics » Key graphics on data collection ● Data quality status ● Challenges and key messages » Business, technical, budget, HR » Impact of market design developments » Key messages from an ACER perspective 2

  3. REMIT data collection Key figures and statistics Placeholder for key figures and statistics on REMIT data collection which will be presented at the 3 rd EMIT forum 3

  4. REMIT data collection Key graphics on data collection Placeholder for key graphics on REMIT data collection which will be presented at the 3 rd EMIT forum 4

  5. Data quality ● High priority activity ● Guidance improvements ● Feedback to RRMs, OMPs, NRAs ● Validation rules ● ACER publications (Open letter, REMIT quarterly) ● Fora and collaboration » RRM live meetings and virtual webinars » OMP webinars and roundtables » AEMP roundtables » NRA fora, regular meetings and analysis exchange » ESMA cooperation » Cooperation with research institutions 5

  6. Challenges ● Market Design changes and business challenges » Increasing complexity of data and new market developments ● Technical challenges » Increasing volume of data, storage, network, aging technology vs. new design and data processing approaches ● Budget challenges » Hardware, Software for data collection and sharing, specialised analytical tools ● Human resource challenges » Insufficient number of staff for a large scale operation as REMIT 6

  7. . ACER continues to provide for centralised data Key messages . REMIT data today is useful to analyse markets collection despite challenges . ACER‘s goal is to further improve and maintain and conduct surveillance data quality 7

  8. Th Thank you for r your r attentio ion! Thank you for your attention www.acer.europa.eu 8

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