The client’s existing ETRM solution wasn’t equipped to support its growth plans. The solution often faced performance and reliability issues leading to downtime.

Due to the global nature of existing operations, the extensiveness of the solution posed a major challenge for the ETRM upgrade. The upgrade also required strong coordination between all the stakeholders and a strict vigil over the budget and timelines.

The client collaborated with Value Creed and an additional partner for expanding the scope of trading operations. Strong governance processes and frameworks were designed to promote seamless coordination and transparency. Agile methodology was adopted for better project control and a disruption-free system upgrade.

Our team realized the need for a CTRM upgrade to Horizon and cloud migration of its existing systems. Azure cloud was used to improve the stability and performance of the existing system.

2000+ different customizations from the existing solution were analyzed in totality. A structured class event catalogue was developed for ease of understanding and scalability.

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.