Performance Challenge
In a rapidly evolving market, being efficient is a key competitive edge. A global trading firm with diverse operations across all major commodities was facing issues with their manual processes for Natural Gas Pipeline Tariffs. Users were facing the burdensome task of manually scraping tariffs from numerous pipeline websites, monitoring these sites for changes without clear notification, and painstakingly inputting tariff data line by line into Endur. Moreover, market data changes, especially tariffs, incur substantial reconfiguration costs. Modern API interfaces for tariff imports reduce manual work, enhance customization, and streamline tariff management within the Endur system, improving ETRM efficiency.
Our proposed solution enhances decision-making by driving competitive advantage and efficiency gains. The NatGasHub.com integration offers benefits related to gas scheduling, real-time tracking, mobile accessibility, and tech support. The integration also eliminates the need for a manual data entry process and daily monitoring of various gas pipeline websites.
KEY RESULTS
63
Onboarded Pipelines
1.1 million
Tariff records across the pipelines
100%
Success Rate for Tariff Import
Increased reliability
Built a reconciliation script for the interface for error handling
Increased Responsiveness
Processing over 1000 tariff records in ~10 seconds
Embrace Efficiency and Optimize Your Operations
In the ever-evolving world of natural gas trading, seamless integration and streamlined processes are crucial for efficient operations. We have worked on this integration by creating a custom-built interface that seamlessly integrates Tariff data from NatGasHub.com into Endur. The interface enables NGH’s secure, pre-built API to easily access standardized tariffs for all pipelines across all gas scheduling systems, without the need for manual coding.
- Effortless Tariff Integration: Our cutting-edge interface effortlessly incorporated extensive Tariff data from NatGasHub into Endur. This data covered 55 US pipelines and 8 Canadian pipelines, including comprehensive Rate Schedules and Charge Types. Users can now access customized Tariff data for their business needs. The interface also facilitated NGH's secure API access to standardized tariffs across all gas scheduling systems, eliminating the need for manual coding.
- Streamlined Tariff Oversight: NGH offers a user-friendly matrix display that showcases a comprehensive tariff view, aiding decision-making, and drill-down capabilities down to receipt/delivery zones and locations.
- Tailored Customization: Our flexible interface featured customizations like fine-tuned Tariff data, specific parameters, and enabled refinement to align perfectly with business objectives and preferences.
Value Creed Services Mobilized:
Expertise on Demand
Expertise on Demand
Unlock operational effectiveness and elevate the efficiency and reliability of your database through Value Creed’s services. Optimize performance with fast and accurate data extraction, reconciliation, calculation, and reporting.
Key Takeaways
In a fast-paced market, efficiency is key. By leveraging Value Creed’s expertise in Endur implementation and customizations, we have harnessed the full potential of NatGasHub.com integration. The increased accuracy in the availability of tariff data in your trading system will lead to a more effective nomination process. Automation of tariffs also facilitated a closer alignment between the client’s monthly invoices and those from the pipeline. The pathing was optimized for greater efficiency, resulting in improved invoicing. Our improved solution not only strengthened energy trading operations but also elevated decision-making capabilities, fostering efficiency and competitiveness in the energy market.
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