White Papers The New Generation of ETRM Systems | Page 2
INTRODUCTION
Energy Trading and Risk Management (ETRM) solutions have now been a part of the broader
wholesale energy trading application landscape for around 20-years, having evolved in step with
both business and technology trends over that time period. As a result of this evolutionary pro-
cess, there are a large number of diverse solutions on the market that address any number of
combinations of industrial segments, energy commodities, geographic locations, and functional
reach. But, ultimately what is it that separates one ETRM solution from another?
The obvious answer to this question is functionality first
and foremost - customers need a certain functional foot-
print that addresses the needs of their business. Howev-
er, how a solution is architected, designed, and deployed
is also a key criterion that should not be under estimat-
ed when assessing solutions and recent research bears
that out (Figure 1).
In recent years, the emergence of web-enabled, or
cloud-based, ETRM solutions serves to emphasize that
point as the ability to more economically license and
reduce implementation timeframes of these critical sys-
tems is gaining greater importance. This whitepaper
briefly examines system architecture and design as a
differentiator when selecting ETRM software and also
reviews Contigo’s approach in this context.
Figure 1: Reasons for dissatisfaction with CTRM Solutions
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Source – 2016 Vendor Perceptions, Commodity Technology Advisory Report
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