Issue
The IPP client runs an ETRM spanning deal capture, gas and power scheduling, position and risk reporting, invoicing, and accounting.
The client needed to upgrade its ETRM to the vendor's latest platform, the foundation for later projects:
- A completely new invoicing and settlements module brought a new data model, forcing major changes to the downstream GL/AP/AR interfaces.
- The legacy scheduling and trade-actualization module was being retired and replaced by core functionality.
- A misstep would break settlements and downstream accounting at go-live.
Solution
MidDel led a combined MidDel-vendor-client team through a tightly managed upgrade:
- Managed technical work, vendor coordination, testing, and interface development.
- Mapped the new invoicing and settlements data model onto the downstream GL/AP/AR interfaces.
- Tracked all testing and issues so every participant could follow progress.
Result
The weekend go-live landed during the worst snowstorm in 30 years - yet settlements invoiced counterparties correctly the next period with all downstream accounting data intact, positioning the client for its next project.
“Nice job. Thanks to the team for seeing it through!”
IT Director
Key Takeaways
- Downstream interfaces are where platform upgrades break. Because the new invoicing and settlements module carried an entirely new data model, mapping its impact on the GL/AP/AR interfaces early is what let settlements invoice cleanly the very next period.
- Traceable, shared testing is what makes an upgrade survive the unexpected. A transparent, centrally-tracked test process and deep vendor experience carried the go-live through the worst snowstorm in 30 years without a settlement error - a discipline any high-stakes upgrade can adopt.
Ready to do the same?
Facing a major ETRM upgrade with a new settlements data model? MidDel maps the downstream impact and runs the testing that keeps your first close clean. Let's talk.
