In the direction of the back…..that’s where Compliance Officers are looking today and don’t forget the Chief Financial Officers, where every cent counts more than ever. Their thoughts are ‘backwards’. However, if like so many, your existing ETRM system was developed by thinking front [-office] first and the back [-office] was an afterthought, it won’t
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,
Wishful Thinking is an attitude or belief that something you want to happen will happen even though it is not likely or possible instead of by appealing to evidence, rationality, or reality. Not Invented Here (NIH) is a state of mind or philosophy that stems from a belief that in-house systems are inherently more suited to one’s