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Fueling Growth with CTRM Excellence

Seamless Upgrade with 2000 Customizations for a Global Energy Company

Performance Challenge

A global energy company in natural gas production and marketing aimed to improve reporting accuracy, speed, and internal productivity to expand its trading activities. To achieve this, they sought an ETRM upgrade for leaner processes, improved stability, and enhanced efficiency in gas scheduling. The existing ETRM solution had performance and reliability issues, causing downtime and hindering growth plans.

The global nature of operations made the upgrade challenging, requiring strong coordination among stakeholders and strict adherence to budget and timelines. The company enlisted Value Creed to transform their growth vision into tangible results.
Global Energy Company's Ambitious Growth Goals Powered by Value Creed's Seamless CTRM Upgrade

KEY RESULTS

2,000

Customizations

Tailored solutions to fit every unique need and preference.

18

Months

A journey of growth and transformation.

35

Team Members

Driving innovation and excellence together.

0

Disruptions

Navigating the Challenges and Opportunities.

Strategic Approach to Project Success

Our solution focused on agile methodologies and cloud technology to upgrade the ETRM system. We integrated custom functionalities and moved to Azure for improved stability, ensuring seamless operations and enhanced trading capabilities.

Upgrade Services

Cloud-Enhanced Stability
Our team recognized the need for a CTRM upgrade to Horizon and cloud migration using Azure to improve system stability and performance.
Customized Expansion
Over 2000+ customizations were analyzed, leading to the development of a structured class event catalog, and new functionalities allowed the client to expand trading scope, add new financial products, and enhance reporting for better decision-making.

Expertise on Demand

Agile Synergy Unleashed
The client collaborated with Value Creed and an additional partner, adopting agile methodology and strong governance processes to promote seamless coordination, transparency, and better project control.

Enhanced Trading

The new functionalities and features allowed the client to expand the trading scope. The client could add new financial trading products, access better credit exposure and P&L attribution reporting due to the new curve structures. The new reporting system enabled accurate decision-making in a timely manner for both front and middle office.

Value Creed Services Mobilized

Upgrades 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

An experienced team and sophisticated technology combine to deliver feature-rich functionality and operability. You pay only for the services you need when you need them.

Key Takeaways

Value Creed was successful in resolving the system issues, improving operational performance, and augmenting the process of growth. Existing customizations were transformed into lean processes, and new functionalities were added to improve stability and expand the scope of trading for the client. Zero disruptions were observed to minimize the routine operational hassles by following a strategic design-build-iterate agile approach. After the delivery, the client was able to scale up its business and enjoyed greater workplace efficiency due to performance, automation, and data integrity. Better time management also led to improved gross margins for the client.

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