Enhancing Performance with EMA & OpenSearch

Tailored Monitoring Solutions for the ETRM Landscape

Enhancing Performance with EMA & OpenSearch

Endur Monitoring for Energy Trading Excellence

Energy and commodity trading systems like Endur are essential for managing complex operations, but as businesses expand and processes grow more complex, even the most robust systems require tailored enhancements to maximize efficiency. Effective monitoring ensures smooth workflows, actionable insights, and regulatory compliance.

In this blog, we explore how monitoring solutions, such as Value Creed’s Endur Monitoring Accelerator (EMA), combined with OpenSearch’s search and analytics capabilities, can address operational challenges, optimize performance, and future-proof your Endur ecosystem without introducing unnecessary complexity.

Impact of Key Challenges in Endur Monitoring

Let’s explore the key challenges organizations face and why a scalable, proactive approach is essential.

Endur’s native logging lacks real-time insights, and custom logging mechanisms, though useful, are not scalable or standardized. This results in insufficient visibility into transaction bottlenecks, leading to unplanned downtime and reduced overall system reliability. The limited scalability of custom logging makes it difficult to handle growing data, further affecting system performance.

As log data grows exponentially, existing tools are overwhelmed, making it challenging to extract meaningful insights in a timely manner. Fragmented logs create investigation bottlenecks, prolonging troubleshooting and extending downtime. This poor visibility into trade data reduces market responsiveness, increasing operational risks and inefficiencies in issue resolution.

Decentralized logging systems and manual reporting processes create gaps in audit trails, making it harder to ensure compliance. Without automated and centralized compliance monitoring, there is an increased risk of non-compliance, potential penalties, and inefficiencies in audit readiness, as delayed reporting processes hinder regulatory submissions.

Unmonitored job failures, resource contention, and disjointed systems cause delays in End-Of-Day (EOD) operations and contract management. This leads to missed contract deadlines, resulting in revenue loss and compliance risks. As data complexity grows, operational workflows become less efficient, further reducing overall system reliability and productivity.

How and Why We Leverage OpenSearch for EMA

OpenSearch, as an open-source solution supported by AWS, offers a practical and cost-effective approach to monitoring. Value Creed integrates OpenSearch with Endur to create a scalable and efficient monitoring framework, reducing total cost of ownership while enhancing visibility and issue resolution tailored specifically for the ETRM space.

By leveraging this solution, organizations can overcome key operational inefficiencies, achieving smooth, real-time monitoring and data management that drives better decision-making and operational success.

Open-Source & Innovative

OpenSearch’s Apache 2.0 license provides the flexibility to avoid vendor lock-in, making it a practical choice for monitoring. With its strong security features and seamless integration with Endur’s Connex Gateways, Value Creed tailors this framework to create a solution that adapts to evolving business needs.

Comprehensive Feature Set

Our approach integrates OpenSearch’s analytics, anomaly detection, and security features to enhance Endur monitoring. With our accelerator, you can gain visibility into critical processes such as what-if analysis, deal capture issues, processing logs, deal amendments, missed validations, pricing discrepancies, and simulations, helping you manage complex ETRM data more effectively.

Scalable & High-Performance

We optimize OpenSearch to scale with growing data volumes and support real-time analysis. By utilizing horizontal scaling and grid architecture in Endur with the splitter worker methodology, both the dashboard and Endur components can handle heavy workloads while maintaining performance and responsiveness to operational needs.

User-Friendly Visualization

We customize OpenSearch dashboards to align with your operational needs, making data exploration more intuitive and actionable. With over 13 prebuilt dashboards covering key processes such as instrument fixing, option exercise, closeouts, and ICE CME Trayport Gateways, we ensure teams can quickly access insights to support decision making and streamline daily operations.

ETRM-Specific Optimization

We fine-tune OpenSearch Accelerators to enhance performance and integration with Endur. By focusing on process health and infrastructure monitoring, we ensure seamless operations while allowing flexibility to expand and adapt to new processes as business needs evolve.

Future-Ready Architecture

We use OpenSearch as a cost-effective, open-source solution that reduces licensing costs while ensuring scalability and adaptability to meet evolving business needs. With a growing network of partners offering support, enhanced features, and managed services, we help maintain high performance and future-ready capabilities.

Design Principles Behind Value Creed's Endur Monitoring Accelerator

Uninterrupted Operational Continuity

Ensure seamless workflows with real-time visibility into system health and proactive issue detection.

Proactive Issue Detection and Resolution

Detect anomalies early and automate alerts to minimize disruptions and reduce Mean Time to Resolution (MTTR).

Data Access and Reporting

Provide instantaneous access to critical data, improving visibility and enabling informed decision-making.

Cost Efficiency and Resource Optimization

Optimize resources and reduce costs with scalable, external monitoring solutions.

Agile Data Driven Decision-Making

Empower teams with real-time insights, enabling faster, data-driven decisions that enhance operational agility.

Optimized System Performance and Scalability

Offload resource-intensive tasks to external platforms, ensuring scalability and future-proofing infrastructure.

Operational Resilience and Reliability

Build robust disaster recovery strategies to ensure reliability even during high-pressure scenarios.

Robust Security and Regulatory Compliance

Safeguard sensitive data with advanced security features and ensure adherence to regulatory standards.

Key Benefits for Your Business with Value Creed's Endur Monitoring Accelerator

Through Value Creed’s tailored approach and OpenSearch solution for Endur our clients have experienced the following key benefits, enabling them to optimize operations, enhance decision-making, and reduce operational disruptions across the board:

Improved Operational Efficiency and Faster Decision-Making

Real-time monitoring and proactive issue detection reduced downtime by 25%, ensuring uninterrupted operations. Simultaneously, customizable dashboards enabled near-instantaneous access to critical data, empowering businesses to make informed, timely decisions and enhance operational agility.

Reduced MTTR and Enhanced Risk Monitoring

Early anomaly detection and automated alerts minimized disruptions, cutting MTTR from 4 hours to under 3 hours. While the fragmented trade data was integrated into dynamic dashboards for real-time risk monitoring, enabling swift, accurate decision-making and reducing operational risks.

Data-Driven Insights for Smarter Strategic Planning

Leveraging machine learning and advanced analytics, our solution provided dynamic insights from complex ETRM data, helping businesses make informed decisions and drive smarter strategic planning.

Seamless Integration with Endur and Scalability

OpenSearch seamlessly integrated with Endur without adding load to core processes, enhancing system performance. Its modular design and pre-built APIs ensured scalability and compatibility with future Endur updates, allowing the solution to grow with the business.

Regulatory Compliance and Optimized EOD Processes

Automated reporting and comprehensive audit logs streamlined regulatory submissions, improved audit transparency, and reduced compliance risks. Proactive monitoring of workflows and price fixing processes improved End of Day (EOD) efficiency, ensuring smooth and timely operations.

Enhanced Security, Governance, and Simplified Onboarding

Role-based access control, encryption, and audit logs ensured compliance with Endur’s governance policies, safeguarding sensitive data. Pre-configured tools and intuitive interfaces reduced training and onboarding efforts, accelerating user adoption and boosting team productivity.

Drive Smarter, Scalable ETRM Solutions with Value Creed

Through our extensive experience with Endur and OpenSearch, we’ve seen firsthand how organizations can achieve real-time insights, enhanced operational efficiency, and scalability. With the ETRM landscape evolving, adopting integrated, flexible solutions will be key to staying ahead.

The future of ETRM systems lies in leveraging data-driven intelligence, we are committed to guiding organizations toward smarter, more strategic decisions. As you consider your next steps in optimizing your Endur ecosystem, remember that the right technology and expertise can unlock new levels of performance and agility.

Recommended Resources

Strategic Approach for Power Purchase Agreement (PPA) Management in Endur

Empowering Robust Risk Management with Endur

Streamlining Energy Trading Operations with Business Process Orchestration

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