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 The client is a Fortune 500 commodity trading firm running over 3,000 financial reports out of its ETRM. The sheer number of ETRM reports had become unmanageable: Many reports were redundant or inaccurate, producing 'multiple versions of the truth.' The excess volume dragged out month-end close. Finance needed a more efficient, accurate, and simplified […]
