Technology Roadmap for ETRM Systems

In today’s rapidly changing energy markets, it’s a struggle to stay on top of technology advances and to incorporate them into the strategic growth of the business.  ETRM systems and applications should be designed and integrated to last for 4-6 years, while allowing for flexibility and scalability as the organization changes and grows.

When looking at a technology roadmap, Structure partners with our clients to:

• Automate and boost efficiencies through process improvement
• Provide greater visibility and transparency of systems and data
• Improve auditing capabilities
• Enhance ETRM system and process controls and/or alerts
• Automated approvals and/or workflows

The technology roadmap seeks to improve the execution of energy trading and risk management activities through process redesign and technical integration.

How Can Structure's Energy Trading Technology Roadmap Help

Our ETRM Practice Area has deep functional knowledge of ETRM systems and other trading applications.  Our experts know the benefits and limitations of vendor software and can assist clients in implementing the right tools to manage their business today and in the future.

Our experts work closely with clients to identify current state and pain points and to identify alternative solutions for the future.

Commonly observed areas of pain we can help alleviate through trading technology road mapping:

• Excessive manual processes and workarounds, including:
  • Focusing on data entry and reconciliation rather than analysis
  • The potential for human error and inefficiencies
  • Business continuity risk stemming from exposure to key knowledge holders
• Heavy reliance on spreadsheets for key commercial activities
• A lack of integration/automation across disparate systems
• The inability to model all transactions efficiently in the “system of record”
• Underuse of vendor package functionality
• A lack of holistic understanding across groups of the capabilities of key commercial systems

How is Structure Different

Structure focuses exclusively on the energy industry and has experience working with a wide variety of energy companies ranging from energy marketers to vertically integrated utilities.  Our differentiators include:

• We have unrivalled expertise in implementing the leading ETRM solutions, while adhering to strict vendor neutrality
• We know the capabilities and limitation of all leading offerings
• Clients trust us to help them select and implement the best system(s) for their specific needs
• A proven methodology that works
• A pragmatic and realistic approach
• Our clients always are willing to provide references and they enjoy working with us