A North American power company in ISO markets faced challenges managing high volumes of Financial Transmission Rights (FTR) auction trades. Winning bids generated thousands of trades that required manual entry into Allegro ETRM for settlement, P&L, and regulatory reporting. This labor-intensive process consumed trader and back office time, caused frequent data errors, and stressed Allegro’s database, delaying decisions and settlements. As auction volumes grew, the manual approach became unsustainable, prompting the need for expert ETRM Consultants to streamline operations.
Allegro ETRM automates FTR auction trades for near real-time updates.
Controlled batch uploads
maintain Allegro stability during peak auctions.
ETRM Consultants ensured fully automated trade booking and index creation with zero errors.
Zero-touch workflow cuts
manual effort, freeing traders for higher-value tasks.
Value Creed’s approach focused on understanding the client’s ISO market trading operations and the complexities of FTR auction workflows. We assessed the manual trade upload process, highlighting inefficiencies and operational risks. Our insights demonstrated how purpose-built automation could streamline workflows, ensure data accuracy, and improve decision-making across trading and back-office teams.
Process Assessment
Value Creed partnered with the client to evaluate their Allegro-based trade capture and settlement workflows. Functional interviews with traders, analysts, and operations staff helped map end-to-end processes, identify bottlenecks, and uncover sources of data entry errors.
Automation Opportunity Identification
We analyzed repetitive, high-volume tasks and highlighted areas where automated ingestion could replace manual effort, reduce operational risk, and accelerate portfolio updates.
Workflow Optimization Planning
Using trade volume data, batch processing needs, and database performance metrics, we designed an optimized trade ingestion framework that maintained compliance, strengthened controls, and supported near real-time updates.
Pilot Automation Testing
A proof-of-concept workflow was developed to validate high-throughput trade uploads, batch spacing, and index mapping. Tests included FTR trade booking, price index creation, and settlement reporting to ensure operational accuracy and system stability.
Phased Deployment Strategy
A staged rollout was implemented, beginning with automated ingestion of auction trades and gradually expanding to full zero-touch workflows. This minimized disruption, delivered immediate efficiency gains, and prepared the system for growing trade volumes.
Stakeholder Alignment and Training
Value Creed presented a detailed roadmap of automation benefits, performance benchmarks, and adoption guidelines to client stakeholders. Training sessions and documentation ensured smooth transition, knowledge transfer, and sustained operational improvements.
The implementation services offered by Value Creed will help you in designing and set up your system’s workflows according to your business operations. In addition, we execute a change management & training program to assist your team in effectively maintaining system configurations as well as test the newly implemented CTRM application in accordance with the key requirements.
With a deep understanding of the crude, natural gas, and NGL markets coupled with our deep expertise and project management and trading systems, we specialize in guiding organizations through complex challenges. From in-depth analysis to strategic recommendations, our tailored solutions optimize processes, enhance functionality, and drive significant cost savings. Let us partner with you to unlock the full potential of your investment with Value Creed’s expert Advisory services, ensuring you’re prepared for future growth and innovation.
Explore our suite of solutions designed to empower your trading and risk management functions. Partner with us for a transformative CTRM experience that drives success in today’s ever-evolving markets.
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