Tags: best Commodity trading software system, Best ERM software system, Best Risk management software system, Build Vs. Buy ETRM, Commodity Trading and Risk Management-Ctrm, Enterprise risk management-ERM software attributes, Etrm software implementation pitfalls, Risks with implementation of -Ctrm Etrm
What are the Top Risks associated with Enterprise Risk Management -ERM & Commodity Energy Trading and Risk Management CTRM-ETRM software implementations and how can they be avoided:
1. Will the software easily meet your unique requirements. In the ERM and/or CTRM-ETRM world this is probably the toughest challenge that vendors and their clients face, why is that? Because every client does C-Etrm and ERM differently presenting a huge challenge for the vendors; in most cases the vendor will require coding changes to meet unique requirements, this is where the risk of delivery starts. HINT: Look for formula-driven C-ETRM software that is “configurable” with “no coding expertise needed” for change mgmt. and implementation this drastically lowers the delivery risk and time to deliver. Products that require coding changes are risky and expensive and this is where implementations start to go rogue.
Tags: application programming interface-API, Ctrm requirements, Emis system, ETRM software, Etrm software implementation pitfalls, Joint application development, Trading Risk Blog
Re-posted-Next Top ten (6-10+) reasons Etrm-Ctrm & Emis system implementations fail!
The following depicts the Front-mid-to back-office complexities associated with delivering comprehensive Ctrm-Etrm & Emis solutions…so how can you avoid a failure in delivering this often complex business software:
For the previous 1-5 of 10 reasons Etrm, Ctrm & Emis Implementations fail… see above “popular posts” to trading risk blog. Also we suggest you subscribe to trading risk blog we offer a convenient email subscription on the upper right hand corner =>
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