Reasons for Upgrading Your Endur Platform
Companies typically evaluate upgrading their ETRM software platforms when the quality or value of the product needs the adoption of new processes or technology; which requires them to adapt to markets, products, economic conditions, and business opportunities, or to comply with policies keeping them up to date on the latest software.
Endur upgrades are essential when the company needs improved quality results around business changes, function, and technical requirements. The decision to upgrade Endur platform is influenced by various technical and business benefits.
JVS advanced scripting language enables integration of downstream and upstream applications of any system
Previous versions are working on the servers whereas the upgraded versions of Endur operate on cloud
APM is the upgraded feature of Endur that analyses the risk exposure of position in the market
Purging of data for crucial events helps to easily maintain the DB
Supports multiple commodities Nomination and invoice generation, support for PPAs, and managing transportation and storage considerations.
Provides Real-Time and Standard Reports, Configurable central workflow engine, Graphical UI
Features like Transaction security, Audit trails, Activity logs, User authentication, and Multi-step approval process help reduce the risk of data loss. The transition of the script engine to grid cluster/engine operations reinforces better performance stability
Improved Dynamic portfolios and cross-asset coverage help to evaluate prospective business opportunities
The scheduling interface for nomination creation and transport spread valuation is configured with segmented transportation
Endur Upgrade Strategies
Your upgrade strategy needs to be planned for the deployment of new Endur releases in accordance with the pre-defined goals. Whether it’s resolving a defined protocol or working on a broader variety of fixes or implementing a new release altogether, Value Creed offers solutions across all stages.
The Upgrade Process
The CUE Method – “Clean Up & Exploit”
CUE involves some cleanup before the upgrade followed by Exploitation post the upgrade.
Clean Up helps to enhance the data quality, avoid unnecessary customizations, gather business requirements, and understand the processes. Exploitation helps you to add functionality before & after the upgrade along with the use of JVS.
This phase aims to establish governance, set objectives, and conduct various impact analyses to develop state infrastructure designs, confirm to-be processes and identify class events to be retired versus remediated.
Stakeholder Assessment – Confirming user groups and Initiating impact & risk assessment
Communication Strategy – Defining baseline communication plan by stakeholders
Impact Assessment – Defining baseline processes and roles by process, Estimating the amount of change, and Determining roles
Stakeholder Engagement – Involving key stakeholders in design sessions to confirm opportunities for improvement
Ready to Explore Upgrading Your CTRM?
Leverage a partner with best-in-class functional and technical expertise to manage and deploy your upgrade on time and on budget.