Improved data accuracy with elimination of spreadsheet scheduling
Ensured zero operational disruption during go-live as a result of 200+ rigorous end-to-end test scenarios
Stabilized month-end close, P&L reporting and settlement validation with an intensive support program
Value Creed’s approach focused on analyzing the client’s requirements carefully. The underlying issue was analysed and a structured methodology was built to avoid any operational disruption. By leveraging the legacy ETRM’s capabilities alongside EnTrade, our team of experts established a dual-path integration approach to maximize each platform’s strength.
Our team established a scalable foundation without any operational disruption by segregating it from downstream accounting functions. This was achieved by implementing a comprehensive implementation workflow:
Step 1: Advisory & Project Management
Conducted comprehensive discovery workshops to architect a future-ready operating model, providing critical project management to align European corporate IT and American business teams on a dual-system architecture.
Step 2: Master Data & Plant Modelling
Configured the client’s extensive physical gas network, including pipeline receipt/delivery points, storage agreements, fee structures, and specialized plant operations directly into the system.
Step 3: Dual-Path Integration Engineering
Developed automated interfaces to route ICE transactions to both the legacy ETRM system and EnTrade, ensuring reporting consistency within the client’s existing Power BI framework.
Step 4: Testing & User Enablement
Executed over 200 system integration test scenarios covering the complete trade lifecycle, followed by knowledge transfer sessions on nomination workflows, variance analysis, and reporting.
Achieving a scalable and unified ETRM model was successful by the project’s overarching goal, which was to create platforms specifically designed to reduce the operational risk of moving extremely complex commodities. The targeted hyper care ensured financial stability to align with an intensive post go-live support to ensure immediate adoption of the new operating model. The strategic integration utilized a separate operational platform, EnTrade, while keeping the legacy system for accounting intact to minimize the organizational impact and maximize each platform’s core strength.
A scalable and configurable monitoring framework enables organizations to adapt to changing operational requirements while maintaining reliable reporting and efficient business processes.
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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