Modern CTRM database management demands flexibility in scaling, fast data processing, and cost efficiency. Cloud-native solutions can provide these benefits with more power, more storage, and lower costs.
Moving your existing CTRM software to the cloud brings several key advantages over remaining on-premise.
Bug fixes and new functionalities are provided automatically by Value Creed’s experts.
Your in-house teams no longer have to allocate resources to on-premise CTRM management.
Value Creed’s experienced consultants work effectively with every budget and platform for efficient implementations.
No third-party software, hardware, or upfront licensing fees are required to move your CTRM to the cloud.
We’ve developed a comprehensive solution to address identified issues. Our system effortlessly imports real-time prices, rectifies missing or incorrect data, and issues real-time alerts for proactive problem-solving. Prioritizing data integrity, centralized management, transparency, and compliance; it significantly improves business performance and guarantees accurate valuations.
If an application can be replaced with a SaaS solution, it can lead to reduced runtime costs. Ultimately, you need to consider the customization, integration, and process options before making that call.
Moving functionality to a cloud-native solution means switching to a pay-as-you-go plan. Simply shifting applications to the cloud as an IaaS (Infrastructure as a Service) when they’re not optimized for it can be cost prohibitive, running 24 hours a day at peak load. Assess whether the application be consumed on a subscription basis or outsourced to reduce load on your cloud infrastructure.
If system performance may be hampered by on-premise infrastructure, determine if an application can be moved to the cloud. Calculate the impact on capital expenditures (CAPEX) and operating expenses (OPEX), as well as long-term and day-to-day costs. Consider whether you’ll be adding new products, geographies, trade types or requiring new reports. Fortunately, cloud infrastructure has little to no upfront capital expenditure. A cloud native solution also allows for elasticity, automatically adjusting to load increases or reduced usage, creating a huge cost management advantage
SQL delivers cloud-based processing power at a third of Oracle’s database hosting cost for the same hosting capacity. Switching to SQL as part of your digital transformation creates value in several ways, including:
When a pioneering gas and electric utility company began to upgrade their CTRM, they quickly faced several challenges: outdated systems, slow performance, and extensive complex customizations. With Value Creed’s support, the company was able to achieve a 60% reduction in long-term infrastructure costs, along with 2 hour settlement run times reduced to 20 minutes in just 11 months.
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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By calling or texting this number (833) 282-7333, Customers agree to receive text messages. If you no longer wish to receive text messages,
you may opt out at any time by replying “STOP.”