Issue The client is one of North America's largest power producers, in the middle of a merger with another large producer. The acquired company's ETRM (Endur) had to be folded into the client's own platform (Zainet/Aligne) on a compressed schedule: All risk-management reporting had to be re-engineered for the acquired company's data and book structure. […]
Issue The client is an IPP on a major ETRM overhaul with need to convert complex price data between old and new schemas. A price-data conversion program had been built but never tested: Differences between the old and new schemas had been spotted, but their full extent was unknown. Unvalidated conversions put the integrity of […]
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 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 The merchant energy company’s Risk and Trading groups disagreed on the valuation of certain option instruments: Proper valuation was required for mark-to-market disclosure. The two groups could not agree on the client's true exposure. The source of the discrepancy had to be found and resolved to produce trustworthy numbers. Solution Our consultant combined option-pricing […]
Issue Our client, one of North America’s largest power producers, was in the midst of a corporate merger with another large power producer. Our client needed to integrate the acquired company’s ETRM system (Endur®) into our client’s ETRM system (Zainet®/Aligne™). In addition, all risk management reporting needed to be re-engineered to accommodate the acquired company’s […]
Issue Our client was using a large Excel spreadsheet with multiple linked tabs to calculate value at risk (VaR). The client was not measuring VaR for any of its FTR positions. The volatility and correlation calculations were not properly weighted. In addition, the delta between the published price and the non-published price was not updated […]
