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Risk Management in Today's Business Landscape

Energy Trading and Risk Management companies operate in a complex ecosystem, navigating through volatile energy markets, complex trading strategies, and ever-changing geopolitical and regulatory landscapes. As they seek to capitalize on opportunities and mitigate potential threats, risk management emerges as the guiding beacon towards managing a sustainable growth and ability to win or survive in the marketplace.

In this blog, we aim to provide insights that highlight key activities that Endur users can take to manage their risk profile systematically – not only for today but also to keep up with the demands of the marketplace.

Identifying and Assessing Risks: A Crucial Step in Risk Management

The pursuit of an optimal platform for navigating the complexities of energy markets and skillfully managing risks seems to be a perpetual endeavor for ETRM companies. We bring our industry-specific Risk Capability Maturity Model (CMM) to help clients benchmark and refine their risk processes and measures. By leveraging this model, organizations can gain a comprehensive understanding of their risk management capabilities and identify opportunities for enhancement. Our expert team then configures Endur per the CMM’s guidelines, aligning the solution with their evolving risk management needs and improving their risk strategy in the desired direction.

Leveraging Technology for Enhanced Risk Management

With our extensive Advisory and Technical experiences in the ETRM industry, we have demonstrated how companies can gain a distinctive edge by harnessing Endur’s out-of-the-box capabilities for enhanced systematic risk management.

Delving into specific areas where Endur offers unique advantages, companies can streamline operations and navigate complexities with our tailored solutions, ensuring success in energy markets.

  • Endur's risk management comprises an extensive suite of ~ 600 pricing models and ~ 40 simulation models out of the box which means most of the risk modeling scenarios are configurable in the system.
  • Utilizing Endur simulation engine such as the VaR module, the risk modeling approach offers enhanced flexibility to create custom risk models that precisely align with the organization's trading strategies and business needs.
  • Utilizing the Hedge Pak module in Endur, portfolio-specific configurations enable optimization of risk strategies for individual trading entities.
  • RiskPak provides advanced scenario analysis capabilities, empowering users to gain valuable insights into how diverse market conditions and potential risk scenarios may impact portfolios.
  • APM in Endur facilitates seamless integration with trading operations, enabling real-time risk monitoring. This empowers traders and risk managers to make prompt and informed decisions, supported by customized risk reporting, dashboards, and visualizations that precisely cater to clients' risk management needs.

Maximize Business Returns with Tailored Risk Strategies

After identifying the key areas within Endur, we empowered organizations with customized approaches that optimized risk management decisions and unlocked opportunities for sustained success. Our tailored solutions were designed to align with the specific needs and challenges of each client, ensuring that risk management strategies were well-integrated into their existing workflows. Let us explore a few of our tailored approaches that we successfully implemented for our clients.

Credit Risk Measures

With our experience, organizations gain valuable insights into counterparty risk profiles, credit limits, potential losses, and credit risk concentrations, empowering informed decisions and effective risk mitigation.

Precision in Risk Models

 Our solution leverages advanced risk analytics tools, customized to meet specific business needs, allowing for a granular examination of counterparty exposures and optimization of risk management strategies.

Real-Time Visibility for Timely Responses

Our expertise in configuring risk capabilities provides organizations with real-time visibility into credit risk exposure, facilitating prompt responses to market dynamics and counterparty developments.

Empowering Effective Risk Management

Through tailored risk reporting and an intuitive user interface, our solution helps organizations interpret complex credit risk data, leading to more informed and effective credit risk management decisions.

Proactive Identification of Concentration Risks

Our approach assists organizations in proactively identifying potential credit risk concentrations, ensuring proper diversification and minimizing potential losses.

A Robust Risk Management Framework

With our tailored approach, organizations gain a robust risk management framework, fostering confidence and resilience in navigating the energy trading landscape.

Safeguarding Portfolios with Foresight

We guide organizations to safeguard their portfolios, making informed risk management decisions with foresight and readiness for any market challenges.

Transform Risks into Opportunities with Value Creed

Value Creed’s unwavering dedication to fully harnessing the capabilities of the Endur ecosystem and seamlessly integrating with other scheduling platforms ensures that we persistently deliver customized solutions that provide tangible value. The positive outcomes of these efforts are reflected in our clients’ experiences, where they have witnessed improved operational efficiency, a decrease in manual workload, and heightened reliability in their scheduling processes. By partnering with Value Creed, companies can transform logistics management into a strategic advantage, navigate industry complexities, make data-driven decisions, and stay ahead in the fast-paced energy market.

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Navigating through the Challenges of Scheduling Process

Managing the scheduling and logistics for liquid hydrocarbons, gas, and other bulk commodities is a complex undertaking. Moreover, these processes often tend to be riddled with manual interventions that can lead to an increase in errors & unexpected issues. With the increasing number of spot trades, and increased granularity & complexities and the need for accurate pipeline tracking, companies face numerous challenges such as:

  • Companies face the challenge of complex data processing, specifically the need to efficiently handle vast volumes of rate information at the pipeline, zone, and location levels when scheduling Crude, Refined Products or Natural Gas.
  • Integration challenges arise in the gas industry due to diverse transportation modes, complicating coordination and data synchronization. For example, in batch liquid pipelines, efficient scheduling and data synchronization are vital for maintaining seamless batch schedules.
  • Inefficient nominations management and financial risks, especially in high-value transactions such as LNG (liquefied natural gas) cargoes. The transit of a single LNG cargo can have an average value of around US$76 million under a standard LNG Sale and Purchase Agreement (SPA).

Optimize Logistics Management for Enhanced Profitability

We have achieved tangible value for our clients through integrating Endur with upstream systems. Leveraging advanced scheduling modules such as cMotion, gMotion, and pMotion, we successfully optimize operations to address logistics challenges. If you’re seeking operational optimization in logistics management, consider the following examples of our expertise to assist you in achieving your goals.

Traditional ETRM systems often struggle to keep pace with frequent changes in cargo scheduling due to evolving market conditions. We have successfully leveraged Endur’s cMotion functionality to bring significant value to our clients. By harnessing cMotion, we enable continuous tracking of Balanced Actual Volume (BAV), providing real-time visibility into cargo volumes and balances, and optimizing their cargo scheduling. This level of visibility empowers companies to adapt quickly to evolving market conditions and capitalize on optimal opportunities.
Drawing on our extensive experience in configuring Endur’s scheduling modules, we have assisted energy companies in overcoming the daunting task of managing large amounts of pipeline data and calculating deal economics. Our clients are now able to streamline the processing of pipeline data, resulting in simplified logistics management for liquids, gas, and other bulk commodities. This reduction in complexity ensures accurate calculations of deal economics, enabling them to make informed decisions and optimize their operations.
Drawing on our extensive experience in configuring Endur’s scheduling modules, we have assisted energy companies in overcoming the daunting task of managing large amounts of pipeline data and calculating deal economics. Our clients are now able to streamline the processing of pipeline data, resulting in simplified logistics management for liquids, gas, and other bulk commodities. This reduction in complexity ensures accurate calculations of deal economics, enabling them to make informed decisions and optimize their operations.
To prevent data loss and save time on reconciling information between Endur and ERP systems, it’s important to have accurate financial processes in place. This includes efficient book closing and timely financial reporting. Endur’s Settlement Desktop module offers “custom bridges” that help establish connections between the systems, simplify the overall system structure, improve error handling, and most importantly enable real-time exporting of document data.
Our customized solutions leverage Endur’s transaction management platform to maximize the potential of equity production activities for energy companies. We help enhance efficiency in production scheduling-related activities, including owner interest and imbalance management, marketing arrangement coordination, volume allocation, and seamless connectivity to transportation or storage systems. Through our tailored approaches, we optimize processes, improve coordination, and drive operational efficiency in the dynamic energy market.

Empowering Energy Logistics with Value Creed's Endur Integration Solutions

In our quest to deliver optimal solutions to clients relying on Endur for their scheduling processes, we have harnessed the power of various components within the Endur ecosystem. With Endur’s built-in functionalities like CMotion, GMotion, and PMotion, coupled with the ability to customize them to suit specific business requirements, we have created solutions that directly add value to our clients’ operations.

Moreover, by utilizing Openlink’s XML-based Connex Gateway, we have seamlessly integrated Endur with other scheduling platforms, such as pipeline EBBs, Railcar Logistics systems, and Truck ticketing systems. These integrations have yielded a host of benefits for our clients, empowering them to effectively manage their scheduling within Endur:

Enabling Agile Decision Making through Distributed Job Processing

Efficiency is the cornerstone of effective decision-making. Our approach included employing distributed job processing on grid servers, reducing latency to nearly one-third. The result is faster decision-making, empowering our clients to respond quickly to market changes and seize opportunities.

Streamlining Volume and Delivery Management

Empowering our clients with tools for efficient volume and delivery management is vital. Customized scheduling workbench enables the creation and modification of nominations, accommodating various views and business requirements. This flexibility streamlines the management of delivery locations, volume adjustments, and Best Available Volume updates.

Achieving a Comprehensive Financial View from Scheduling Activities

Ensuring a comprehensive view of financial aspects is crucial for effective energy logistics. We achieve this by ensuring seamless connectivity between nominations, pipelines, zones, locations, and valuation pools. This integration enables accurate settlement calculations, reflecting exposure and financial implications.

Simplifying Logistics with Automation

Automation can significantly reduce manual effort and the risk of errors. Our integration expertise allows us to simplify the process of adding nominations by automatically creating legs on trades. This efficient automation streamlines the logistics process and increases operational reliability.

Stay Ahead in the Competitive Energy Landscape with Value Creed

Value Creed’s unwavering dedication to fully harnessing the capabilities of the Endur ecosystem and seamlessly integrating with other scheduling platforms ensures that we persistently deliver customized solutions that provide tangible value. The positive outcomes of these efforts are reflected in our clients’ experiences, where they have witnessed improved operational efficiency, a decrease in manual workload, and heightened reliability in their scheduling processes. By partnering with Value Creed, companies can transform logistics management into a strategic advantage, navigate industry complexities, make data-driven decisions, and stay ahead in the fast-paced energy market.

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Challenges in Managing Complex Enterprise Applications and On-Premises Infrastructure

ETRM applications such as Endur is a highly complex application that plays a central role in a company’s vital business operations. Managing complex enterprise applications necessitates specialized expertise to maximize their potential and ensure optimal performance.

Scaling an on-premises infrastructure entails substantial downtime and disrupts the workflow of application users. Ensuring seamless integration and interoperability between different applications, databases, and technologies while safeguarding on-premises hardware, network, and physical elements can be expensive and reliant on human intervention.

Moreover, keeping complex enterprise applications and on-premises infrastructure up to date with patches, bug fixes, and upgrades is a continuous task. It requires careful planning, testing, and coordination to minimize disruptions and ensure the entire system remains stable and compatible with other components. This leads to setting up and expanding or upgrading components within one’s domain which is complex and pricy.

Benefits of Migrating to the Cloud

Support Landscape and SLAs ​

Everyday operational challenges such as end-of-day (EOD) processes, application performance, and critical job failures become less tangible. Additional support is available to promptly resolve issues raised by the business while adhering to minimal service level agreements (SLAs).

User Base ​

By identifying geographical locations, defining system uptime expectations, and considering the number of users connecting to Endur, a more rigorous and secure IAM (Identity and Access Management) control can be established.

Data Analytics Landscape

Relying on Endur transactional data for reporting and analytics purposes, such as VaR calculations and Risk Reporting tools, becomes significantly more streamlined and manageable as the occurrence of points of failure is minimized.

Code Customizations​

The frequency and intricacy of managing code changes to accommodate evolving business requirements are streamlined. Deployments can be automated, and maintaining a chronological record of updates for any component of the application becomes straightforward.

Future Needs​

Assessing the impact of upcoming short-term integration needs between Endur and other systems, and determining the necessary customizations for seamless interfacing becomes straightforward. Configuring the requirements of each individual application to connect to the cloud is consolidated at a single endpoint with cloud migrating.

Factors to Consider when Choosing Between Self-Owned and 3rd Party-Owned Cloud

IaaS (Infrastructure-as-a-Service) and PaaS (Platform-as-a-Service) are two cloud computing models offering different infrastructure and application management levels.

IaaS provides virtualized computing resources, giving users control over infrastructure and application environments. PaaS, on the other hand, abstracts infrastructure complexities, offering a platform for application development, deployment, and management without worrying about underlying infrastructure details. 

Ultimately, the choice between IaaS and PaaS depends on the business’s specific requirements and preferences.

Consider the following factors when choosing the most suitable cloud solution for your business needs:

Self-owned (IaaS)

3rd Party-owned (PaaS)

Data Hosting

Control your data hosting – cloud subscription and geography, tighter security and more control over various component of the infrastructure.

Cloud subscription and geography are controlled by the Cloud Provider and you have much lesser control over the customization individual components of the cloud.

Custom Code Support

Tighter control and security on enhancements, bug fixes, and deployments with seamless integration with CI/CD processes.​

Custom code hosting on PaaS servers necessitates extra configuration between client and provider, increasing reliance on PaaS for CI/CD integration and ensuring a graceful deployment.

Integration

Easy integration with Endur, ERP, supply chain management (SCM), production scheduling, financial reporting tools, and datalakes.

Additional connections must be built with hosted infrastructure to communicate to PaaS provider to integrate these applications.

Maintenance & Security

Automated Endur maintenance and monitoring using inbuilt cloud features and tighter control of application security.​

Dependency on PaaS provider like – SLA for maintenance, customization, and less control of application security.

Compliance & Auditing​

Configured based on SOX compliance and auditing requirements.

Dependency on PaaS support to cater to SOX compliance and auditing.

Cost Consideration

Provides the flexibility to migrate your software licenses, as-is with minimal or no modifications required, ensuring a smoother migration process to the cloud without repurchasing them.

May require license optimization for your current license or re-architecting your applications to align with the platform’s usage model, potentially leading to cost increases or license adjustments.

Comprehensive Cloud Services Offered by Value Creed

Top Considerations of Migrating CTRM Platforms to Cloud
On-Prem Oracle to Cloud-based SQL Server with RunSmart CTRM Managed Services

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Ensure Optimal Energy Portfolio Management

A study conducted by the European Commission estimated that by leveraging real-time data and advanced analytics, the energy industry could achieve energy savings of up to 10%. When managing a diverse portfolio of energy assets, it is essential to have real-time visibility into the performance and market conditions for energy traders and asset managers to monitor their energy positions and make timely decisions, mitigating risk effectively.

Active Position Manager (APM) offers traders and risk managers an interactive and highly customizable position reporting tool, allowing them to track real-time positions with scenario analysis and drill-down capabilities. The recent version of Active Position Manager (APM) offers significant advantages over previous versions, as it provides better filters, pivots, a wider range of result sets, and enhanced robustness, alleviating relying on non-customizable Real-Time Position (RTP) monitoring in Endur.

Let’s dive into this blog to explore how you can enhance your trading decisions by leveraging the essential features of APM and discuss the significance of making customizations to maximize their potential, ultimately ensuring profitable business outcomes.

Enhance Real-time Visibility with the Key Features of Active Postion Manager

In the realm of trading and risk management, having real-time visibility is key. Traders and risk managers need to stay proactive, identifying and addressing any potential issues that may arise in monitoring trades, market data, and risk exposure. This will enable them to make well-informed decisions and optimize their trading performance, ensuring they stay on top of their game.

Let’s understand how you can leverage the following features to empower your trading capabilities :

Customized APM Solutions for Trader-Specific Requirements

With our extensive expertise in Endur, we are well-equipped to assist you in customizing APM according to your specific trader requirements. This ensures a personalized and efficient trading experience tailored to your needs. Recognizing the significance of aligning APM with the unique workflows and decision-making processes of traders, we specialize in customizing APM’s features, dashboards, and analytics to meet our clients’ specific requirements, ultimately maximizing the potential of their businesses. Here are a few examples of the customizations we have successfully implemented for our clients:

Standard results - MTM, Delta, Positions

  • Traders have access to standard results such as MTM, Delta, and Positions, which are crucial for monitoring their portfolio performance. Our tailored approach, enables our clients to customize the output results based on their unique requirements.
  • This customization empowers them to selectively view or hide columns on the page, prioritizing the most pertinent data for their decision-making. As a result, we have observed enhanced hedge ratios, providing traders with a comprehensive understanding of positions and exposure values at both the granular and portfolio levels.

Pivots and filter criteria for LNG lifecycle

  • APM offers specialized pivots and filters for the LNG lifecycle, allowing traders to analyze Exposure, Reset Level Exposure, Physical Position, P&L, and Volumes. These results are crucial for assessing risk exposure and profitability. Value Creed provides a user-friendly experience on the APM page, surpassing simulation results.
  • Previously, excel-based tools and RTP-Real Time Position monitor were used, but they caused significant lag time. Excel took about 3 hours, and RTP's data retrieval time increased with larger deal sets. However, our customizations reflect real-time positions within 10-20 seconds of deal updates.

APM Services for Gas and Power

  • Combining both Gas and Power on one APM service would significantly increase the execution time due to fetching data for two different instrument types. By splitting the APM services into separate physical and financial components, and further dividing the Gas and Power packages into individual services, we offer customizations that significantly decrease the overall runtime of APM pages by 50%.
  • Our customizations allow for quicker response times and improved user experience, as Grid Cluster enables the rapid online availability of APM pages containing large data sets.

Gas Phys Volume Package

  • The gas phys volume package in APM includes monthly, daily, and hourly flow columns.
  • With our additional customizations traders and analysts can view volumes and volume changes at a granular level, gaining valuable insights into the dynamics of their gas operations, identifying trends, and making more informed decisions.

Achieve Efficient APM Optimization with Value Creed

With our tailored customizations, we empower traders to optimize their trading activities by leveraging the full potential of APM. Our focus on personalized solutions drives efficiency, enhances decision-making capabilities, and ultimately delivers a superior trading experience for our clients. As your trusted partner, we enable you to capitalize on the latest innovations and explore untapped opportunities in this domain.

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Embrace the Power of Digital Transformation

A recent study conducted by Gartner found that poor data quality is a significant barrier to successful digital transformation in the energy sector, with data errors and inconsistencies costing a company an average of $15 million per year. In the rapidly evolving energy industry, addressing data challenges is paramount to unlock the full potential of digital transformation. It’s all about keeping up with the times and unleashing the industry’s true potential!

Continuous real-time data integration and processing have become indispensable for trading organizations to optimize trading strategies and stay ahead of the market. This is particularly evident in the utilization of specific data streams such as price data, plant outage information, weather data, and IoT device data where sensors are being deployed widely across the industry, providing a vast quantity of data. As a result, numerous companies in the energy industry are leveraging Apache Kafka, for managing mission-critical transactional workloads and facilitating robust big data analytics.

Understanding Challenges of Data Management in Endur

More often than not, trading organizations face these two major challenges:

ADDRESSING DATA INTEGRATION ISSUES

If you want to make Endur’s data easily available across all the storage and processing systems it interacts with, it is important to address the following two major integration challenges within Endur:

Event Data Firehose: In the energy industry, there is a growing demand for sub-second latency, massive-scale data processing, and underpinned by a robust data architecture. They seek to process and analyze event data in real-time, often dealing with petabyte-scale volumes. That’s where specialized data systems come into play. Specialized data systems, like OLAP, search, storage, batch processing, and graph analysis, help address diverse data processing needs.

Log-Structured Data Applications: Addressing the compatibility issues of Endur with log-structured applications can contribute to creating a seamless and robust data ecosystem also allowing you to leverage various technologies such as – Complex event processing (CEP),  Enterprise Application Integration (EAI), Enterprise service bus (ESB) and

  • Event Sourcing - Used for smaller, in-memory use cases such as real-time PnL calculations and market risk measures like VaR, PFE, and cVaR allowing to capture and process events in real-time.
  • Change data capture (CDC) - Enables extracting data from Endur's database in a log-friendly format.

PROVIDING ACTIONABLE INSIGHTS IN REAL-TIME BASIS

In the ETRM landscape, the time gap between events occurring and decisions being influenced is often too long, ranging from minutes to days. This approach is often inadequate for today’s commodity markets with the rise of algorithmic trading, data-driven order booking, and data science-driven financial models. Computing derived data streams from your ETRM. In this case, Endur’s transactional, risk, and metadata data streams is essential for real-time decision-making.

Empower Endur’s Capabilities through Seamless Integration with Kafka

Over the past decade, Kafka has become the go-to data backbone for businesses undergoing transformation. It provides an ecosystem that prioritizes speed and enables the development of new applications, while also facilitating real-time and event-driven business operations. 

Endur’s capabilities can be enhanced by leveraging Kafka’s event streaming platform to facilitate real-time data integration, processing, and analytics. Also, providing a robust foundation for mission-critical transactional workloads and big data analytics in the energy trading and risk management industry.

Ensure Real-time Data Processing and Scalability with Value Creed’s Expertise

✔ Analyze your business requirements and data ecosystem to uncover opportunities where streaming applications can enhance operational efficiency, enable real-time decision-making, and drive business growth. Our comprehensive range of use cases is designed to address a wide spectrum of needs and goals specific to your organization. Here are just a few examples of the diverse use cases we cover: Risk Limits & Monitoring, Real-time positions, What-if scenarios, AI/Machine Learning use-cases etc.
✔ Set up the RDS (Risk Data Stream) service involves configuring various components and processes to ensure smooth data flow and efficient risk management. We can provide guidance and support in setting up and configuring the RDS service, enabling you to effectively manage and analyze risk data in a streamlined and efficient manner.  
✔ Setup of risk data stream packages curated over simulation result scripts that leverages your simulation result scripts effectively, providing expertise in risk management and data processing. This will enable you to gain valuable insights, make informed risk assessments, and drive better decision-making within your organization.
✔ Develop robust and scalable microservices tailored to your specific needs, offering expertise in financial model engineering, risk management reporting, credit aggregation, payment netting, compliance monitoring, and more.

Revolutionize Your Data Landscape with Value Creed

By partnering with Value Creed, you can leverage our experience, technical skills, and industry insights to enhance your data transformation capabilities with Kafka in Endur. Our guidance will enable you to achieve efficient and scalable data processing, leading to improved decision-making, risk management, and operational efficiency in the energy and commodities sector. 

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Maximize Business Value with Endur's Optimal Implementation

Commodity Trading & Supply firms choose Endur due to its unparalleled functional coverage across various asset classes and markets, along with its enhanced customization ability. Though implementation of Endur entails substantial financial investment, investing in Endur strategically proves to be highly advantageous to the business landscape. By leveraging Endur technology effectively, you can expedite the realization of returns, making it a valuable and strategic IT asset for firms in the industry.

When it comes to making investment decisions in Endur, most clients tend to prioritize the below questions: 

  • How soon can we recover the return on investment?
  • How do we ensure that the investment going in the implementation phase is protected after go-live?
  • How can we take adequate measures to accommodate business growth, technology shifts and adaptation to market requirements?

What Business Impacts can you see by using Endur optimally?

Endur is a complex but a very powerful system. If Endur functionalities are implemented the right way you can see significant business impact across all areas of your commodity trading business and it’s underlying IT infrastructure. Below are some key areas you can focus on to maximize the value and return on your investment in Endur.

Streamline Operations, Expand Trading Capabilities, and Optimize Processes

  • Expanding into new geographies and markets requires assessing the unique requirements of each market. With our data accelerators and integrated Endur's standard ICE, CME, and exchange connectors, you can quickly establish new business portfolios within the Endur system, facilitating seamless operations in diverse regions and markets.
  • Managing operations across multiple geographies can be a costly endeavor for companies. By utilizing independent end of Days processes, flexible processing rules, and geographic system partitioning, you can streamline operations and effectively manage activities in different regions. Additionally, the Trading Locations configuration allows for expanded trading capabilities across users, desks, and business units.
  • With limited inventory visibility businesses cannot effectively manage margins and positions.. By utilizing features of Endur's "Midstream Processing" you can optimize the forecasting of product volumes and improve agreement and custody contract management at processing plants, fractionators, and refineries, minimizing inefficiencies in your operations.

Ensure Market Success with Efficient Trading & Enhanced Inventory Managementt

✔ Credit valuations can be very complex and take a long time to run in ETRM systems. Pricing Data errors and time to rerun the valuations can lead to scenarios that put your commodity operations at risk, especially in a high liquidity and high-frequency commodity market. Leveraging Connex, Trade Process Management, and deal scripts within Endur in the right way it can allow you to get a real time view of credit, deal with complex credit adjustments for emissions, and quick reconciliation between back-office operations and collateral/credit limit management. 
✔ To reduce market risk in the early stages, you can make better scheduling decisions by using Endur’s advanced pricing models that consider different options for locations, timings, and cargoes. These models when configured optimally, also consider how prices of the commodities involved change over time, providing valuable information for making smarter decisions.
✔ You can lower costs and risks of manual errors by automating confirmation process with integration of Endur with platforms like “EFET Box by Ponton” or “Fidectus Gen System.” This integration allows for smooth management of power, physical commodities, and swaps. By automating the confirmation process, you can speed up the assessment of positions and improve the overall trading process. 
✔ To prevent data loss and save time on reconciling information between Endur and ERP systems, it’s important to have accurate financial processes in place. This includes efficient book closing and timely financial reporting. Endur’s Settlement Desktop module offers “custom bridges” that help establish connections between the systems, simplify the overall system structure, improve error handling, and most importantly enable real-time exporting of document data.

Real-time Insights, Faster Processing, and Improved Data Analytics

Achieving a real-time portfolio view, faster processing time, and more efficient valuations and simulations are just some of the benefits resulting from technological advancements in Endur. To leverage these improvements, consider combining market data tools with TPM trade process management, utilizing simple integration patterns with Connex Lite for long-running operations, implementing test regression scores with unit test runner suites, and exposing Endur’s data through a WebServices API. Furthermore, enable connectivity to QUANTUM, standalone microservices, and other toolkit applications via JDBC and Extend Client API for seamless integration and enhanced functionality. 

Value Creed's Expertise helps you maximize your ROI from Endur Implementation

Unlocking the full potential of Endur and maximizing ROI can be a challenging endeavor, given its complexities and resource requirements. However, Value Creed offers specialized expertise in the Endur platform, enabling you to navigate its intricacies and optimize your investment. With our industry knowledge and global experience, we provide customized solutions and strategic guidance tailored to your specific business objectives. The examples mentioned earlier are just a glimpse of the transformative outcomes we have delivered to numerous global clients. Here are some additional achievements we have accomplished for our clients:

Increased Profitability

Effective Risk Management & Real-time analytics (>$ 200 million y-o-y after greenfield implementation compared with previously defragmented landscape)

Increased trading opportunities & ROI on trading investments

Short Time-to-Market (<1 day for low complexity; 1-2 days for medium complexity; 2-5 days for high complexity products). Within budget and within time implementations (mean variance of 8.2% on budgets with a standard deviation of 2.3% on timelines

Improve Operational Efficiency

Straight through processing & Event Driven CTRM (Reduction of average lead-time from 1.75 days to <0.2 days)

Increased customer satisfaction score

Internal Surveys with Traders, Schedulers, Invoicing & Confirmation team members at 6 months interval.

Accelerating Business Transformation and Success with Value Creed

Value Creed brings unparalleled expertise in evaluating the suitability of Endur for your unique requirements. If Endur aligns with your needs, we provide comprehensive support in strategizing, planning, and executing Endur programs tailored to your implementation and migration goals. For our existing Endur clients, we recognize the significance of safeguarding your valuable IT investment and offer flexible options to select managed services. Our aim is to help you achieve operational excellence by delivering customized solutions that cater to your specific needs and budget constraints.

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