Energy Trading and Risk Management (ETRM)

In today's evolving energy industry there are opportunities and risks that are emerging for industry participants as a result of an un-presented competitive environment. This demands that the participants develop clear objectives in the following areas:

Enterprise Wide Risk Management (ERM) Programs
Energy Trading and Risk Management (ETRM) Programs
Risk/Credit management policies and procedures
Energy Commodity Management
Energy Trading & Risk Management Business Process Improvements
Energy Trading & Risk Management Information Technology Strategy and Planning

“Our ETRM services include.”

Business Process Mapping and Reengineering

IT Assessment and Application Transformation strategy

Tools & Package Evaluation and Recommendations (Build Vs Buy)

Application Architecture Strategy

Data Architecture Strategy

Integration Architecture Strategy and Implementation

Enterprise Reporting , Data Warehousing strategy and Implementation

Position Exposure Management and Reporting

Trading Controls & Compliance

BRIDGE provides significant business, functional and technical expertise specifically to address these industry challenges. Our firm has practical experience in implementing custom and "off-the-shelf" energy procurement systems. We have consulted to numerous energy organizations, including ISO/RTO's, local distribution and utility companies, generators, producers, energy marketers, and retailers. As implementation project managers, we can provide advice on systems integration (for both gas and electric trading) while acting as the mediator between the organization and the vendor.

Our ETRM expertise provides a significant impact on projects, accelerating the time to completion while providing our clients with best practices leveraged across the energy industry. BRIDGE accomplishes this by leveraging:

BRIDGE's FAME™ Enterprise Methodology
Pre-Built Energy Trading Functional Requirements
Energy Trading Vendor Assessment Tools
Industry Experts
An Objective 3rd Party: By being an objective third party that is not aligned with any particular tool, vendor, product or technology, we have aligned our interests with the interests of our clients and we can truly provide a non-bias and objective analysis and recommendations to our clients

ETRM SOFTWARE EXPERIENCE

ENTEGRATE
ZAI*NET
TRIPLEPOINT
ALLEGRO
NUCLEUS
ALTRA
TRANSENERGY

ETRM Case Study

BRIDGE designed and implemented the Risk Management Program, policies and procedures establishing the trading authority limits and control procedures for crude oil electric, natural gas and coal business units (by product offerings).
BRIDGE Managed the implementation of its electric and natural gas energy trading and risk management systems. Developed information systems planning and requirements definition and lead teams for the evaluation and selection of software solutions and conducted contract negotiations on client's behalf. Managed the implementation thru parallel testing and go live for both electric and natural gas systems.
BRIDGE Developed and implemented mid office function for audit controls, risk/trading control, financial/physical and back office financial accounting functions gas and electric.
BRIDGE Customized deal capture tools and system interfaces