Performance Challenge
A global commodity merchant who trades in a wide variety of financial and physical markets was facing issues with data integration. Resorting to triage mode caused operational delays in delivery times, increased the uncertainty on data feeds, and overwhelmed the user support team. To address these challenges Value Creed recommended the client to undergo a data transformation service that would streamline their data across trades in various markets and have an organized data feed with a highly responsive user support team.
KEY RESULTS
Overall System Enhancement
Strengthened Security & Risk Management Capabilities
Improved Functionality & Usability
Data Transformation
Given the client’s situation and the urgency to address the issues, Value Creed proposed a comprehensive approach that encompassed multiple business process upgrades. These upgrades included enhancing the electronic interface with the natural gas pipeline, implementing custom P&L attribution, and collaborating with the vendor to resolve valuation bugs.
- The upgraded electronic interface significantly improved the system's functionality by introducing new features. Additionally, it incorporated user-friendly interfaces, streamlined workflows, real-time data updates, enhanced connectivity, advanced analytics, scalability, and enhanced security and compliance measures.
- Specifically, the electronic interface upgrades strengthened data security within the ETRM system. This was achieved by implementing secure data transmission protocols, encryption techniques, access controls, and establishing audit trails. These measures were put in place to safeguard sensitive trading and risk-related information.
- Furthermore, the custom P&L attribution process involved performing granular analysis and aligning P&L with risk measures such as Value-at-Risk (VaR), Expected Shortfall (ES), or Stress Testing. This allowed organizations to gain valuable insights into the contributions of various risk factors to P&L fluctuations.
Value Creed Services Mobilized:
Data Transformation
Data Transformation
With Value Creed’s Data Transformation service, you can effectively harness the power of your data assets, enhance decision-making, optimize operational efficiency, and fuel business growth. Our proficiency in custom P&L attributions, risk management, and business process upgrades enables us to provide holistic solutions that address all your challenges.
Key Takeaways
Value Creed effectively resolved the client’s data integration challenges by implementing a data transformation solution for their ETRM system. This implementation significantly improved functionality, user experience, data security, and risk analysis. It provided valuable insights into the client’s profit and loss risk factors. Furthermore, this solution enabled the client to transition from a state of triage to a more stable operational mode, characterized by predictable process delivery times, an organized data feed, and responsive user support.
Contact us today to learn more about our digital transformation solutions.
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