Moving Your CTRM Database from On-Prem Oracle to Cloud-based SQL Server

Run Smart CTRM/ETRM platform managed services enable application managers to be more proactive in resolving reporting and processing errors in advance of your daily start. In this post, we examine the dominance of Oracle, while unlocking Microsoft SQL Server’s comparable functionality, cost savings, and scalability achieved by moving your on-premise solution to the cloud.  

The truth is – for much of the last decade – Microsoft’s SQL Server was viewed as less expensive and less sophisticated than Oracle. Since then, however, MS SQL Server has closed the gaps in features and power, while maintaining its cost leadership position and delivering distinct advantages in terms of ease of use and uptime. 

Reasons to Move Your CTRM Platform Database to SQL on Azure

Cost

Value Creed has helped many clients make this conversion and has found significant initial and ongoing cost savings. Microsoft’s unit license cost is about 15 percent of Oracle’s. In addition, real-time-bidding costs with SQL average $10,000 less per year. In total, a typical on-premise CTRM system that costs $75,000 the first year running on Oracle would cost only about $15,000 on Microsoft SQL on the Azure cloud.

Compatibility

The ubiquitous Microsoft workflow – the de facto industry standard – also makes it easier for technicians to troubleshoot, diagnose, and debug communications problems between the application and the database. Basing SQL Server in Azure brings Microsoft’s technical expertise to bear, making it easier to find support. As a third-party, Java-driven product, Oracle’s diagnostic and repair process can be less straightforward.

Compatibility

The most widely-used CTRM platforms were developed using Microsoft technology, so you can be sure it will not only work with Windows, it has been optimized to perform at its best using the Microsoft interface.

User Experience

Because Oracle originally developed more features and capabilities it necessarily required additional complexity. That makes it more difficult for many people to use. On the other hand, most users are familiar with Microsoft interfaces, making SQL Server more intuitive.

Oracle to SQL Database Conversion with Value Creed 

Value Creed’s Run Smart™ CTRM managed services deliver optimal performance based on your objectives, data environment, and the number of users. Backed by Value Creed’s expertise, Run Smart™ streamlines SQL database conversions and helps commodities traders reap the cost-savings and efficiencies inherent in a cloud-platform database.

Our database conversions and data migration from Oracle on-premise to SQL on Azure incorporates elegant back-end integrations with a total workflow plan that saves you money both during the SQL conversion and throughout the life of the project. We implement a multi-step process that coordinates efforts throughout your organization. 

Take Your CTRM Platform to the Cloud 

Value Creed’s dedicated professionals and proven Run Smart™ approach gives you the confidence that your switch to SQL Server will be completed professionally and that the system will operate flawlessly on the cloud. We start with a holistic diagnosis of your current database situation, including the conceptualization of how your organization’s needs should be met through the new system. 

From there, that analysis will inform how we convert schema, scripts, and applications so they integrate seamlessly with the cloud-based SQL Server. Once data is migrated, we perform iterative testing, tuning, and customization to guarantee your database and server are fully functional from day one.  

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Optimized CTRM Customization and Integration Performance

When it comes to commodities trading and risk management platforms, the three characteristics of workflow efficiency—quality, speed, and certainty—are non-negotiable. RightAngle processes are broad and complex, often leveraging customizations and enhancements. Testing the software and integrations is essential to optimized performance.

Customized Testing for Process Validation and Quality Assurance

To ensure reliability, it is crucial to demonstrate an error-free system by establishing confidence  in an ongoing and established testing procedure for the entire RightAngle platform. To accomplish this, Value Creed encourages its clients to embrace a conversion from manual to automated testing that facilitates their ability to conserve resources and labor while improving the performance and quality of testing operations.

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Value Creed’s Right Angle Automation Testing Procedure using TestComplete

To meet regression testing challenges and ensure RightAngle functionality customizations and application integrations remain viable within the workflow, organizations in the commodities industry require well-planned and timely maintenance of their digital test suites. Value Creed achieves this using TestComplete, an automation tool for web and desktop-based applications.

TestComplete enables users to script regression tests for business processes. Following test execution, it provides a detailed log of the steps taken, allowing for quick identification of the source of any errors and warnings generated.

Value Creed’s 5-Step Process for RightAngle Regression Testing

The Value Creed regression testing suite for RightAngle includes a field-proven system for prioritizing, scheduling, performing, and documenting the entire procedure.

5 Step Process

Value Creed’s 5-Step Process for RightAngle Regression Testing

Benefits of Automated RightAngle Testing

6 Powerful Reasons Why RightAngle Automated Testing Outperforms Manual Approaches

Switching to automated testing for RightAngle through Value Creed’s regression suite generates numerous benefits:

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The Power of Performance Testing for RightAngle

Your Workflow is Unique; Your RightAngle Testing Process Should Be Too

RightAngle is a highly configurable platform to meet the needs of every stakeholder who leverages different functionalities and installs diverse APIs. Since your commodities trading workflows and your customizations are unique, why should you trust the testing function to a company that uses only generic procedures?

As the system slows over time, RightAngle is no longer able to rapidly perform daily tasks.

Value Creed’s RightAngle performance testing identifies key breakpoints, defines them and then test cases are performed to prepare for future loads successfully.

RightAngle’s system loads are thoroughly stress tested before go-live to ensure long-term performance viability as the business grows. 

Customized RightAngle Performance Testing Ensures Alignment with Your Business Process and Functional Demands

We customize our RightAngle performance testing services to each client’s business scenarios and business cases to guarantee functionality meets demands and expectations. Testing often identifies areas for streamlining processes, changing parameters or formatting, and other adjustments to workflow so users can perform their jobs more efficiently.

Value Creed’s RightAngle Performance Testing Approach

Value Creed starts with a comprehensive analysis of current testing practices to uncover any instances of unacceptable load demands, connection wait times, and other inefficiencies in every testing phase:

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We customize our RightAngle performance testing services to each client’s business scenarios and business cases to guarantee functionality meets demands and expectations.

Nitesh Raj, Managing Director for Value Creed

98% Efficiency Can Be Achieved with Value Creed’s RightAngle Performance Testing Outcomes

Value Creed’s 5-step RightAngle performance testing procedure generates evolutionary improvements in OPIS, Prices, DTN, and EOD performance. Each step brings the platform closer to operational success by identifying infrastructure constraints, undersized databases, bandwidth limitations, excessive load demands, incompatible formatting, connectivity errors, and more.

Example RightAngle Performance Testing Results

Following Value Creed’s performance testing, clients typically realize a 98 percent success rate, an immediate positive ROI, and ongoing improvements to efficiency and cost savings.

PerformanceTesting1

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Software Selection Methodology

Through our years of managed services experience, having taken many customers through upgrades and software migrations, we have developed a strong system for gathering and understanding the CTRM customers’ business requirements and how they evolve.  

We believe that a deep understanding of the business processes and precisely aligning your software requirements to your strategic plan are the most important aspects of software selection. During the software selection process, we prepare and guide you through checklists, product labs, demos, and workshops to determine the best fit for your organization. 

 

Process Evaluation Key Activities

Workshops

Conduct workshop sessions with key team members to understand current processes and discuss future considerations

Mapping of Current Processes

Create Level 1, Level 2, and Level 3 process maps for all business functions

Optimization Opportunities

Identify areas to optimize current processes and develop and execute a plan to update them

Reevaluation

Establish KPIs and a plan to periodically review and reevaluate current business processes and refine as necessary

Gap Analysis

Identify gaps and opportunities for new processes to be put into place and develop an execution plan to establish them with the business

Future Opportunities

Identify future growth needs and prioritize them in the maturity cycle

Process Evaluation Deliverables

Meeting Schedule & Timeline

Roles & Responsibilities Summary

Process Maps

Documentation (Training Library)

Vendor Evaluation

During the Evaluation Phase, we take a deep dive into each vendor and their solution. We use our Requirements and Selection Criteria to guide our evaluation during product demos.

  • Develop a demo format and demo script for all vendors to follow
  • Ability to showcase the functionality and user interface of the highest priority selection criteria
  • Develop a standard scoring sheet for all participants during the vendor demos
  • Predetermined rankings and scoring criteria keeps all parties unbiased and objective
  • Live demos of the solution demonstrated by a vendor’s team member
  • Demos will follow predetermined use case scenarios

Learn More About Our Software Selection Resources & Outcomes

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Functional and Technical Expertise Deliver Higher User Acceptance Testing Success

Testing during an upgrade or enhancement is absolutely critical in commodity trading and risk management.

That’s why our CTRM experts have decades-worth of experience preparing, executing, and reporting on both manual and automated tests, allowing the testing process to happen more smoothly, in less time, with better results.

Watch The New Approach to CTRM Upgrade and Extension Testing

See how Value Creed creates, runs, and analyzes CTRM upgrade and extension tests to achieve a 99% success rate in this expert video:

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Manual Testing: Leveraging CTRM Expertise

Our CTRM experts handle testing from start to finish in a four-step process:

Document Contract To Cash Scenarios

Detailed discussion and documentation set the requirements for each test scenario.

Create & Upload Test Scripts To QMetry

Our experts create test cases for each scenario and analyze them with QMetry.

Provide Manual Testing Results

Test documents and screenshots captured at each step illustrate the results based on data.

Bug Tracking & Resolution

Every bug is shared with the respective developer, along with documented solutions.

CTRM UAT Hybrid Testing Process Flow Chart

See how manual and automatic testing come together for 24/7 CTRM monitoring and more in our free download

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Case Studies: CTRM Testing In Action

Value Creed uses Qmetry on top of Jira to provide the highest quality manual tests to its clients. See how this advanced testing utility brought a 99% UAT pass rate to a major North American utility company—or read more about how we developed best practices using Qmetry in our advanced hybrid testing case study.

Customer Case Study

99% UAT Pass Rate for CTRM Cloud Migration

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Three Ways In-House CTRM Platform Support Is Costing IT Teams

Because CTRM platforms are business critical, CIOs and IT teams are forced to dedicate high-value staff resources to routine tasks like monitoring platform health and ensuring end-of-day reports run successfully.  This fact creates three distinct challenges for IT teams and business users:

Challenges CTRM Users Face

These challenges leave IT departments and the users they support in a lurch due to the inherent complexity of CTRM platforms. Often issues require both technical and functional understanding, which is likely not accessible overnight. This fact can delay critical reports, increase employee frustration, lower engagement due to burnout, and focus costly internal resources on resolving critical-yet-routine issues when supporting the platform around the clock.

This reality led Value Creed to create a new model for CTRM/ETRM managed services called Run Smart™. 

How Run Smart™ CTRM Managed Services Work

Watch and learn how Run Smart CTRM managed services provide monitoring and problem resolution to ensure your system is operating seamlessly during your business day, overnight and in the cloud.

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Explore Three Forms of CTRM Managed Services

By employing Value Creed’s Run Smart managed services, companies can benefit from three distinct services to enhance their daily business processes and technical readiness:

Proactive Overnight Monitoring

Overnight monitoring of all your vital CTRM services, with error handling and resolutions ready by the time your in-house team starts their day.

Reactive Daytime
Resolutions

On-demand services during your team’s working hours, from user support, custom workflows, technical upgrades, and more.

Cloud Monitoring
& Maintenance

Bring your CTRM onto the cloud for 24/7 server monitoring and daily database backup, unlocking new insights at scale.

Why Choose Value Creed for CTRM Managed Services?

Our approach to CTRM Managed Services gives you flexibility as your needs change. With meaningful, attainable, and measurable goals, managed services improves your ROI through the right analytics and optimization.

Run Smart SLA Promise

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Value Creed's Solutions Start at Only
$3,500 a month