Major Utility in
the UK
No trust in the existing ETRM System
- Prepared to engage in an expensive replacement
- Poor experience in a previous upgrade
- Frequent process failures & breakdowns
Major Technical Debt
- Oracle Version was out of support
- Windows OS was end of life
- ETRM Version was out of support
Business was not in sync with the ETRM Set up
- Outdated Book Structure
- Highly granular data was not oriented towards effective risk measurement & efficient hedging
- Hard coded reports & data mining objects led to long lead times to delivery
IT Outsourcing Partner had no ETRM skill sets
- Poor quality of delivery
- Multiple incidents leading to financial losses
- Poor User Experience – negative business sentiment
New Confidence in the ETRM System
- Replacement shelved and recovery initiated
- New Upgrade including move to the Cloud done in record time – in the middle of the Covid pandemic
- No major ETRM System incident experienced
No Technical Debt & New Patch Policy
- Latest Oracle Version on the Cloud
- Latest Windows OS
- ETRM Version Upgraded & back under support
Business model was redesigned
- Improved Book Structure
- Granularity of data optimized to reflect Risk & Effective hedging
- Reporting & Data Mining transformed – Data snapshots & BI tooling
IT Delivery Model changed radically
- Both Run & Change managed by 1 Team
- All major change delivered under Arch Advice
- Improved User Experience & positive Business Sentiment
The Roadmap
How the ETRM Ecosystem was Transformed
Quick Fire Study to identify the pain-points & root cause
64 improvement items identified & prioritised
Widget based T Shirt sizing for quick estimation
Resource planning and Business Case development
Clear Governance & Oversight structure on the Strategic & Tactical levels
Just in time architectural principles for enduring solutions
Data Archival Policy to ensure regular data archival & recovery for audit purposes
Team selection and placement for continuous delivery and 24x7 support
BAU (Business As Usual) Business changes and Roadmap changes blended into a single delivery stream
Key achievements recognition and reward system in place
Highly motivated and driven Delivery Team
Excellent collaboration between Business and IT