Issue Our client desired a replacement for an aging and inflexible global risk reporting system, impacting offices in three countries, which would improve the daily reporting cycle and reduce the constant maintenance required by IT staff. Solution Our consultant’s broad business acumen and technical skills lead to a strong design based on the client's requirements. […]
Issue The client is a large Northeast generation company whose front-office platform was reaching end of life. The load forecasting, bidding, scheduling, and dispatch platform had to be replaced: The current technology was at the end of its useful life. The client was torn between buying the bid-submission/dispatch package and building the strategic bid-creation piece […]
Issue A large multinational client sought to merge its three divisions into an existing Oracle instance with as little customization as possible. In addition, a new Oracle Treasury module was needed to be implemented to manage inter-company loans. This module had not been used by the client prior to this implementation and created a […]
Issue Our client had a growing NGL trading book that was modeled by the front office in spreadsheets, outside of its ETRM system. Since NGL deals were not captured in the client’s ETRM system, nor was it supported in the software “out of the box,” the mid office had no visibility into risk exposures or […]
Issue Our client traded commodity physical instruments and financial derivatives that made up a complex portfolio and position. The credit department found their current credit reporting to be inaccurate and not always very useful when assessing their credit exposure. Because of inaccurate reporting, the client may have been exceeding credit limits without knowing. Solution MidDel’s […]
Issue A mid-size Northeast retail power and gas company had the opportunity, as part of their organizational strategic portfolio growth plan, to bid on two books of business that were up for auction. Books included power and gas, residential and commercial contracts, and fixed and variable price volumes. The client wanted to determine whether they […]
Issue Our client’s method of reporting planned and projected power generation data consisted of five spreadsheets with VBA code to extract data from various sources. Reporting was run on a daily basis and required a user to open each spreadsheet, enter data and run the report. A separate process sent the files to an FTP […]
Issue Our client was considering the deployment of a portfolio risk analytics system throughout its global organization, but first wanted to prove the software’s applicability to the client’s unique set of challenges. The software needed to do the following: organize and store information obtained from multiple sources and in various formats; calculate and report exposures […]
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 […]
Issue The client is a marketer & trader managing pricing data across multiple databases, ETRM systems, and spreadsheets. Pricing data was scattered across too many sources to support: Price data was being overwritten across systems, corrupting the daily P&L. There were too many independent sources of pricing to maintain reliably. The client needed one trustworthy […]