About Settlement Subscriptions

Settlement subscriptions track the ongoing need to calculate a set of data, often aggregated load, for the purpose of settling a market and send the results to a recipient.

Settlement subscriptions must reference the following:

• Recipient: The identity of the subscribing system. In other words, you must set up a recipient for any system that subscribes to settlement calculations.
• Settlement Calculation Groups: The calculation groups used to perform settlement calculations for settlement transactions based on this settlement subscription. Settlement calculation groups can be configured in a specific sequence of execution. In addition, each group can be configured to require approval before the calculation execution proceeds to the next calculation group.

Settlement subscriptions can also reference the following;

• Factor Overrides: One or more factors can be used as override values when performing calculations
• Measuring Components: One or more measuring components directly linked to the settlement subscription. These are most often aggregation measuring components, but can also include profile measuring components.
• Measuring Component Sets: One or more measuring component sets directly linked to the settlement subscription.