Harness the Power of AI for ETRM
In today’s rapidly evolving energy market, staying ahead requires more than just traditional trading strategies. Artificial Intelligence (AI) offers a powerful toolset to optimize your operations, mitigate risks, and make data-driven decisions.
robust Risk Management
Detect when trading behaviors fall outside of typical patterns or defined risk tolerance thresholds to easily flag potential issues for regulatory compliance or risk management.
Operations & Logistics Optimization
Determine the most efficient and cost effective storage, processing, and transportation required to get a commodity from deal capture to settlement, integrated with scheduling systems and real time adjusted for weather and other events.
Streamline Confirmations and Settlements
Leverage large language models to compare complex contract language between counterparties confirming terms are aligned and improving speed to invoicing and settlement.
Improve Operational Efficiency
Utilize AI and machine learning to automate repetitive workflows and tasks, analyze real time data or pricing at scale, and improve scenario testing – all getting smarter and faster over time.
Data Maturity
We believe that data is the cornerstone of successful energy trading.
Our Approach: A Data-Driven Transformation
We start by thoroughly understanding your business and current technology landscape, then create a tailored multi-year roadmap to guide your digital transformation.
- Identify Essential Data- analyze your existing data infrastructure
- Data Lifecycle Management – define how data is created, used, stored, deleted
- Data Quality – ensure accuracy and reliability
- Data Access & Usage – establish data access and usage policies
- Data Security & Privacy – ensure secure handling & regulatory compliance
- Data Ownership – assign people and process ownership
Experience with Business Processes
Our expertise extends to a deep understanding of ETRM/CTRM systems and their underlying data models. We can effectively leverage these systems to:
- Integrate with External Data Feeds: Seamlessly integrate with external data sources, such as market data providers and weather forecasting services.
- Optimize Data Flow and Quality: Analyze data movement within the system to identify bottlenecks and improve efficiency while ensuring data quality through automated checks and cleansing procedures.
- Expand Art of the Possible: Provide thought leadership using our expertise and knowledge of industry leading practices within the energy sector and from outside.
Ready to get more from your ETRM / CTRM?
Connect With Us
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E/CTRM Awards & Recognition
