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Seamless Trade Alignment Through ETRM Automation And Scalable Configuration

Energy Trader Automates Confirmations With 100% Accuracy via ICE eConfirm

Operational Challenge

A Germany based energy trading company underwent a merger, bringing together distinct systems for managing trade confirmations. The acquiring entity used ICE eConfirm, while the acquired company operated on a different platform. This led to delays, manual efforts, and trade mismatches as the systems were integrated. Approval cycles lengthened, discrepancies increased, and the accuracy of trade data in the ETRM system suffered. Operational costs and reconciliation time rose, complicating post-trade workflows and compliance with reporting requirements. Value Creed stepped in to streamline the integration, eliminate manual inefficiencies, and ensure data accuracy across platforms enabling a smooth, disruption-free transition.

KEY RESULTS

100%

Accuracy

Custom error messages helped users quickly spot and fix failed trades.

99%

Faster Processing

Automated eConfirm replaced manual entry, cutting confirmation time from hours to under a minute.

20+

Product Mapping

Ensured smooth data flow by aligning ETRM trade values with ICE eConfirm standards.

A Strategic Approach to Project Success

Leveraging Value Creed’s domain expertise and deep understanding of ETRM integrations, the team delivered an end-to-end automation solution that modernized the client’s trade confirmation process. By connecting the ETRM platform directly with ICE eConfirm, the project eliminated manual deal submission, improved data accuracy, and enabled post-M&A scalability. The structured approach ensured secure data flow, accurate validation, and smooth adoption across business teams.

Business Process Design and Optimization

Bulk Submission Enablement

Bulk submission was introduced within the ETRM interface, replacing the manual submission of 50–80 trades per day with a system that processes thousands in under a minute, improving both speed and accuracy.

Data Mapping & Product Configuration

We seamlessly aligned ETRM and ICE eConfirm by mapping over 20 product types including delivery locations, curves, and contract terms, ensuring consistency across systems and minimizing submission rejections.

Validation Framework for Error Resolution

A custom validation engine was built into the ETRM system to flag failed submissions with error codes and detailed messages. Users could quickly identify and correct data mismatches without technical support, significantly reducing turnaround time.

Program Management

End-to-End Coordination with ICE eConfirm

To streamline integration with ICE eConfirm, we managed API issue resolution, configured system permissions, and authorized counterparties to ensure all technical and compliance requirements were met efficiently and accurately.

Post-M&A Entity Configuration

Following the client’s acquisition, we configured newly acquired entities by assigning parental rights, managing security groups, and updating entity relationships in ICE, all without disrupting the existing system landscape.

Data Preservation and Continuity Planning

To safeguard business continuity, we created backups of legacy standards and data structures and securely transitioned them to the client. This ensured that historical data remained intact and accessible even after system updates and structural changes.

Expertise on Demand

Custom Integration & Validation Expertise

Using deep ETRM expertise, we tailored the integration to the client’s trade structures, data types, and submission rules. Specialized validations ensured compliance with ICE’s strict standards, reducing failed transactions and improving audit readiness.

Training & Documentation for Self-Sufficiency

We equipped users with training, error guides, and mapping documentation, enabling them to manage the eConfirm process independently and adapt the system without relying on technical support.

Scalable System for Future Enhancements

We designed the solution with scalability in mind, allowing for easy onboarding of new products, entities, and process improvements. This future-ready framework positions the client to adapt quickly to regulatory or operational changes without major rework.

Value Creed Services Mobilized

Data & Analytics Enablement

Business Process Design

Partner with Value Creed for optimized business process design, enhancing current performance and driving future competitive advantage. Tailored operations boost long-term efficiency and profitability.

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Program Management

Kickstart your project with expert Program Management. Our experienced team aligns people, schedules, and resources to manage budgets, enforce governance, and deliver on time.

Data Gov Icon 3

Expertise on Demand

ChatGPT said:

Boost efficiency and reliability with Value Creed’s services. Enhance performance through fast, accurate data extraction, reconciliation, calculation, and reporting.

Key Takeaways

Value Creed’s expertise in automating trade confirmations and integrating ICE eConfirm with the client’s ETRM system transformed post-trade operations. By resolving API integration issues, implementing custom validations, and enabling bulk submissions, we reduced manual workloads and enhanced submission accuracy. Our tailored solution supported post-M&A scalability and empowered business users through comprehensive training. This initiative positioned the client for greater operational efficiency, faster trade processing, and improved control over trade lifecycle management.

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