CPW139h Decision Document

Wholesale Retail Code Change Proposal – Ref CPW139h – Bilateral Hub (Phase 14)

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Published

31st October, 2024

Kind

Publication

Type

Business Retail Market

Detail

We are approving this Change Proposal. CPW139h seeks to deliver four enhancements to functionalities and processes already present in the bilateral hub as part of the Bilateral Transactions Programme, which aims to improve the efficiency of interactions between trading parties. The enhancements implemented through this change will enable trading parties to more accurately record information in the bilateral hub relating to site visit failures, follow-up site visits, and the SPID attached to certain processes. The change would also allow trading parties to attach information contained in emails to requests. We think these changes will support the recording of accurate and complete information in the bilateral hub, which will allow trading parties to operate more efficiently and effectively, which ultimately benefits customers. Some enhancements will also allow increased standardisation in the bilateral hub, which could allow trading parties to operate more efficiently and customers to benefit from a more standardised experience of the market.