There is one constant in the energy market and that is change, nowadays even more rapid than before. Consequently, energy market participants need to be able to respond to competitive pressures, regulatory requirements and economic conditions. An effective ETRM system will help in meeting these challenges. Yet to keep the ETRM system effective requires adaptability to
Your ETRM solution: A Palette of Options to Reduce Cost and Add Value Following the economic downturn after 2008, Energy Trading & Supply companies are going through a transformation to position themselves for the future. Many of them have initiatives underway to examine whether their current Energy Trading and Risk management system’s environment can
The “big bang” ETRM go-live where all of the main modules of an ETRM system go live at the same time, is a widely-known approach for ETRM replacement and/or implementation projects. The alternative approach is to adopt some level of phasing for example, by functional area or by business priority level. The conundrum large,
As a result of several years of economic hardship, companies have been forced to rethink how and where to invest like never before. Organizations in the energy trading industry are no exception to this pattern. Many have set their sights on cost (of trading) management in an effort to simultaneously become more efficient and reduce