Commodity Business Operation Lifecycle
Advisory

Advisory Services

Business Process Optimization

Energy Risk Management

Software Selection

Program Management

Renewables

Power Purchase Agreement (PPA) Management

Data Enablement Analytics
Data Transformation

Data Driven Success

Data Transformation

Analytics & Reporting

Database

Analytics & Reporting

Managed Services

Allegro

RightAngle

Other CTRM Products

Expertise on Demand

Allegro

RightAngle

Other CTRM Products

Testing Services

Testing Services

Business Process Outsourcing
CTRM Journey

CTRM Journey

CTRM Training

CTRM Implementation

CTRM Implementation

CTRM Upgrades

Allegro

RightAngle

Other CTRM Products

ISO Services
Life At ValueCreed

Consultant's Journey

Culture

Employee Training
Programs

Wellness

Entrepreneurship

Learn by Example

Workcation

Gaming Zone

Client Training

Client Training

Careers

Careers

Digital Transformation

Cloud Services

Intelligent Automation

Streamlined CTRM Platform Upgrade

Capital Power Extends CTRM Platform Lifespan by 5 Years with Agile Upgrade

Performance Challenge

Capital Power, a leading North American power producer, focuses on developing, acquiring, owning, and operating power generation facilities. To maintain their competitive edge, they continuously enhance efficiency, particularly by keeping their complex CTRM solution up-to-date with the latest functionalities. Manny Neupane, Director of Applications & Business Intelligence, recognized that upgrading their CTRM platform would prolong its lifespan. Previous consultants hired to support upgrades lacked deep understanding of the product, often learning on the job, which posed challenges.

Capital Power Harnesses Value Creed’s Expertise, Achieves Agile CTRM Platform Upgrade

KEY RESULTS

100%

Successful Execution

An agile CTRM platform upgrade using right-size expertise

100%

Maximized
business

Process efficiency with latest platform enhancements

5-7 Years

Lifespan

To their CTRM solution and avoided costly future reimplementations

100%

Aligned CTRM system 

With current goals and markets

Strategic Approach to Project Success

Manny and his team aimed to enhance Capital Power’s current CTRM investment without enduring the usual challenges of a major system upgrade. They faced issues such as past consultants lacking the necessary expertise and encountering a rigid, one-size-fits-all upgrade service model that didn’t align with their specific needs. Additionally, pursuing new business opportunities in different commodity sectors was hindered by the necessity to upgrade to the latest CTRM platform release.

Upgrade Services

Strategic Investment Optimization
Leveraging their in-house expertise and partnering with a capable firm, Capital Power executed an upgrade to optimize investment while minimizing disruption.
Seamless Upgrade
Working closely with Manny and his team, Value Creed supported an efficient upgrade process through iterative testing and validation.
Streamlined Solutions
The upgrade enhanced Capital Power’s CTRM platform functionality, simplifying business processes and replacing outdated workarounds with platform-native capabilities.

Expertise on Demand

Agile Solutions Delivered

Value Creed’s agile delivery model enabled Capital Power to secure right-sized CTRM expertise and services.

Global Expertise
Capital Power benefited from well-matched, highly experienced support, including round-the-clock availability from a dual time-zone team.
Platform Enhancements
Upgrading Capital Power’s CTRM platform functionality to meet their specific work process needs, including an updated ICE interface and enhancements to the power and environmental commodities modules.
Emissions Management
Simplifying business processes to limit logistics management of emissions and environmental commodities.

Value Creed Services Mobilized

Upgrade Services

Customer-first service to bring your upgrades online quickly and seamlessly, with minimal disruption of your workflow. Dedication that outperforms vendors.

Expertise on demand

Expertise on Demand

Expertise on demand

Expertise on Demand

Functional and technical expertise enabling product enhancements to be leveraged by in-house staff instantly upon upgrade completion. Exhaustive Q/A testing and in-depth cross training ensured user acceptance and project success.

Key Takeaways

After completing the upgrade, Manny and his team are getting new value out of their CTRM platform. They have extended the life of their CTRM solution and can avoid an expensive full reimplementation in the future. Now they are able to increase efficiency, update their approach to evolving markets, and have peace of mind knowing their system is current and relevant to business goals.

With Value Creed, I'm leveraging their knowledge and expertise. The high agility of Value Creed's technical expertise meant we could get to the bottom of what we needed to do very quickly.

Now that the upgrade is done, we're starting to leverage new functionality to simplify and add more value, like enhancements to the power module and environmental commodities module. VC's agile methodology helped us get over the hump and adopt these new efficiencies we needed.

Play Video about Overcoming the Myths & Master the Mayhem of CTRM Upgrade
VIDEO

Overcoming the Myths and Mastering the Mayhem of CTRM Upgrades

Recommended Resources

Ready to get started?

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.