A large U.S. Midwestern power cooperative faced a pivotal challenge in optimizing its trading portfolio reporting. Despite a successful system upgrade, the cooperative encountered a significant hurdle. They had established a robust book structure for their natural gas trading, and their power trading needed a similar differentiation of trades in the system. This deficiency hampered effective reporting on power trades, leading to an inability to discern regional, strategic, or activity-based performance metrics. Consequently, the cooperative’s management needed more granularity to make informed decisions and identify areas for portfolio improvement.

KEY RESULTS

37%

Improved Data Accuracy

Quarter on quarter from the time of deployment

0.5%

Operational Efficiency

Reduced errored trade count of total trades per day

40%

Risk Mitigation

Increase in timely reporting to trade repositories

~2000 hours

Streamlined Reconciliation

Reduced manual verification hours for front-office (2 Desks & 7 Members)

A Strategic Approach to Project Success

To address this challenge, the power cooperative engaged with Value Creed in applying the successful natural gas book structure model to their power trading portfolio. Drawing on years of industry experience and deep domain knowledge, Value Creed initiated a strategic approach to implement an effective solution.

Advisory Services

User Interviews and Analysis
Value Creed conducted comprehensive interviews with the cooperative’s power traders, middle office personnel, and back office/ reporting teams. Leveraging our extensive advisory experience, we facilitated collaborative discussions and conducted in-depth analysis to uncover specific requirements and challenges faced by the cooperative.

Enhanced Management Focus
The implementation of a comprehensive book structure empowered the cooperative’s management with granular insights into their trading portfolio performance. With the ability to analyze performance metrics at a detailed level, management could identify areas of strength and opportunities for improvement more effectively.

Consensus Building
Throughout the process, Value Creed facilitated collaborative sessions involving the cooperative’s stakeholders to ensure alignment and consensus on the finalized book structure. Through iterative refinement, we were able to tailor the solution to meet the specific needs and objectives of the client.

Expertise on Demand

Iterative Structure Development
With our extensive expertise in trading operations and technology, Value Creed proposed multiple iterations of the book structure. Each iteration was carefully crafted to align with the cooperative’s unique trading activities, regions, and strategic objectives. Feedback from the cooperative’s stakeholders was integrated to ensure the structure’s effectiveness, leading to the next iteration of the proposed structure.

Mock-up and Testing
Using a test environment within Allegro, Value Creed configured the proposed book structure and applied it to actual power trades. This facilitated real-time visualization of how trades would be categorized and reported within the system, enabling the cooperative to provide valuable feedback and refine the solution iteratively.

Value Creed Services Mobilized

Advisory Services

Our advisory services will guide your operations and help you achieve your vision, considering all stakeholders. With extensive lifecycle, functional, and technical expertise, our experienced team delivers frameworks and guidance for building reliable and scalable commodity trading businesses.

Expertise on Demand

Unlock operational efficiency and reliability with Value Creed’s services. Optimize performance with fast, accurate data extraction, reconciliation, calculation, and reporting.

Key Takeaways

Are you facing challenges in optimizing your trading portfolio reporting, just like the power cooperative in our case study? We specialize in delivering transformative solutions tailored to your unique needs. Our experienced team combines deep industry knowledge with innovative strategies to help you overcome obstacles and drive success. Whether you’re seeking to streamline reporting processes, enhance data accuracy, or gain actionable insights, we’re here to guide you every step of the way. Contact us now to revolutionize your trading portfolio and gain a competitive edge.

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Power Cooperative Enhances Portfolio Reporting Structure with 37% Data Accuracy

Operational Enhancement

KEY RESULTS

37%

Improved Data Accuracy

0.5%

Operational Efficiency

40%

Risk Mitigation

~2000 hours

Streamlined Reconciliation

A Strategic Approach to Project Success​

Advisory Services

Expertise on Demand

Value Creed Services Mobilized

Advisory Services

Expertise on Demand

Key Takeaways

Recommended Resources

Ready to get started?

A Strategic Approach to Project Success