A move to the future ETRM decreases the uncertainty of the overall structure and opens the door to rapid innovation and adaptation to changing business needs.

FREMONT, CA :Traders, schedulers, risk managers, back-office professionals, IT project and support leaders cannot afford to fall behind the competition in today's fast-paced, high-risk area of energy commodity trading and risk management by relying on obsolete methods like spreadsheets or legacy ETRM technology platforms that don't meet the needs of ever-changing business requirements.

So, how do businesses remain ahead of the pack? By making the transition to the Energy Trading and Risk Management (ETRM) of the future. To get there, one will need to reconsider the ETRM plan and work with an accomplished energy business advisor who can help unlock enterprise value and mitigate risk.

Challenges with Current ETRM Systems

Many existing ETRM systems are based on older technologies that have not adapted to evolving market conditions or support rapid implementation methodologies such as Agile.While most of the significant ETRM systems began as custom solutions, their technological architectures are based on popular technologies when they were created.The current transaction processing capabilities of ETRM systems result in organized business databases that are often "trapped" within the ETRM's data model, unable to be consumed by the organization for advanced analytics or other solutions.The number of vendors, but not the quantity of product choices, has decreased due to recent consolidation trends among ETRM solution providers. Technology advancements continue, but they are often years behind schedule and, in a rapidly changing setting, much further behind market relevance.

Essential Aspects of The ETRM Of The Future

A move to the future ETRM decreases the uncertainty of the overall structure and opens the door to rapid innovation and adaptation to changing business needs.

Cloud First

Providing true cloud-based digital services, rather than only hosting legacy on-premise solutions or providing Software as A Service (SaaS) version.


Products are built from the ground up to provide self-contained functionality and are designed to facilitate integration through exposed Application Programming Interfaces (APIs).

Market and Commodity Specific

User-centric designs are created to provide an optimal user interface for certain functions relevant to a market or commodity.


Simple configuration choices, combined with their modularity and specialization, and the availability of DevOps tools, enable rapid and iterative implementation.

The Benefits of The Future ETRM

Reduced Implementation & Operating Expenses

Shorter deployment times and the benefits of scaled cloud services result in a lower overall cost of ownership.

Accelerated Roadmaps

Component-based development allows for quicker implementation and introduction of new features and capabilities.

Open/Accessible Datasets

Data accessibility and extendable datasets can be accomplished using advanced technical architectures, enabling businesses to extract value from their business data.

See Also :Top Companies