ETRM and CTRM Solutions for Commodity Traders and Marketers
We Optimize Commodity Trading and Risk Management with Advanced CTRM and ETRM Test Automation
Profit-Driven Trading Strategies with Our ETRM and CTRM Solutions
An effective energy and commodity trading and risk management (ETRM/CTRM) solution enhances market visibility, financial and physical position tracking, and risk management. By identifying and stress testing favorable strategies and executing them on a unified platform, businesses can optimize trading decisions, maximize profits, and mitigate risks.
ImpactQA is the leading implementation expert in the ETRM/CTRM ecosystem, dedicated to helping clients achieve maximum value from trading and risk systems. Our commitment to delivering the right solution ensures success. Our experts comprise a core team of seasoned commodity trading system architects and career-long implementation professionals. We possess the knowledge and expertise to tackle significant challenges, with a proven track record of executing projects on time and within budget.
System Implementations and Upgrades
Adhering to a proven implementation methodology - agile, waterfall, or hybrid
Mitigating business risk through thorough testing, from unit tests to UAT
Training your IT team on the new technology and supporting platforms
Integrating and automating CTRM systems with enhanced reporting & analytics, and targeted industry solutions
Supporting the business until users are comfortable with the new integrated solution
Process Design and Optimization
Understanding your business model, asset base, and culture for process design
Using industry-specific process maps to document current and future states
Leveraging the expertise of traders, schedulers, risk managers, and accountants
Identifying opportunities to improve efficiency, reduce errors, and increase automation
Drawing on experience with energy market participants to author risk policies, book structures, and transfer prices
Considering regulatory and compliance requirements
ETRM Support and Business Process Outsourcing
Helping clients transition from implementation project, through hypercare, to steady state
Providing production support for the ETRM solution set with committed quality and service levels
Extending the value of your investment with new features and functions
Incorporating the latest vendor patches, features, and functions
Training users to address recurring issues and gaps for continuous improvement
Performing recurring operational tasks: month-end close, daily reporting, data administration, and transaction processing
CTRM Integration, Automation, and Customization
Providing standardized and vendor approved interfaces for price feeds, forecasts, nominations, tickets, inventory, invoices, and more
Developing custom solutions for cash and liquidity forecasting, working capital management, and inventory valuation
Tailoring systems to meet renewable fuels requirements and comply with RFS, LCFS, CFR, and other emerging federal, state, and provincial regulations
Utilizing technologies like Azure, Power BI, Tableau, and Alteryx for added value
Advising on when customization or a purpose-built industry solution is appropriate
Streamlined ETRM/CTRM Test Automation Framework
ImpactQA's ETAF Test Automation Framework offers a robust and comprehensive solution for the ETRM and CTRM sectors. The process starts with in-depth requirement gathering and leverages extensive domain knowledge to create detailed manual test cases. Using NeX-AI, the framework generates precise ETRM test cases that help ensure thorough coverage and accuracy. Business users can securely access and edit dynamic test data via dedicated URLs, and allow real-time updates based on their access levels. The automated test cases, enhanced by IQA-ETAF’s reusable modules for SAP CTRM and Endur, ensure meticulous test execution and detailed reporting. The framework also supports auto-scheduled runs and enables continuous and efficient testing cycles. This integration of advanced automation, domain expertise, and AI-driven test case generation significantly enhances the reliability, security, and performance of trading systems.
Drive Business Growth with Flexible CTRM and ETRM Solutions
SAP
Leveraging robust integration capabilities to optimize commodity trading and risk management workflows.
Allegro
Customizable and industry-leading CTRM solution tailored for utilities and energy firms.
Openlink
A comprehensive, multi-commodity CTRM for industry leaders operating at scale.
RightAngle
Empowering liquid hydrocarbon companies with robust scheduling and logistics capabilities.
Our Holistic Openlink Endur Solutions
Unrivalled Endur Expertise
Proven track record in complex implementations, upgrades, consolidations, separations, project remediations, and functional additions
Expertise across all industries, asset classes, high-volume transaction management, compliance, tax, and all facets of Openlink Endur implementation
Comprehensive understanding of regulatory requirements and industry best practices
Strong focus on risk management and mitigation strategies
Dedicated support for performance tuning and system optimization
Tailored training programs to enhance user adoption and proficiency
Openlink Endur Upgrades
Assessment of current functional and technical implementations
Early focus on Technical Upgrade Testing (TUT), followed by a review of new functional capabilities and deprecated functionalities requiring a “shift to the new
Evaluation of client/vendor preparatory efforts to gauge business impacts
Identification of opportunities to leverage new and existing software capabilities
Implementation of ImpactQA or client-specific test approaches
Collaboration with vendors to resolve product issues during upgrades
Detailed planning for cutover with mock go-live and a hyper-care period post go-live
System Implementations
Establishment of a dedicated project/program management office
Development of detailed project plans with achievable milestones
Definition and modeling of client-specific business scenarios
Implementation of robust reporting practices to mitigate risks
Execution of a complete test program
Integration of trading systems with internal and external applications
Development of a reporting strategy for long-term trend-based reporting needs
Creation of resource allocation plans, training programs, and transition support
SAP CTRM Implementation and Testing by ImpactQA
Developing comprehensive, realistic plans with transparent status updates
Collaborating effectively with software vendors and ecosystem partners
Implementing proven methodologies like agile, waterfall, or hybrid approaches
Mitigating business risks through carefully scoped testing, from unit tests to UAT
Training IT teams on new technologies and supporting platforms
Ensuring user readiness for streamlined processes, refined responsibilities, enhanced controls, and clarified roles
Conducting upfront assessments to clarify the scope and provide accurate estimates
Creating detailed migration plans
Ensuring user readiness for streamlined processes, refined responsibilities, enhanced controls, and clarified roles
Integrating tightly with CTRM systems through CTRM Test Automation, enhanced reporting, analytics, and industry-specific solutions
Supporting businesses with the new integrated solution until they are confident and comfortable
Guiding clients from implementation projects through hypercare to steady-state operations
Providing production support with committed quality and service levels for ETRM solutions
Enhancing investment value with new features and functions to meet evolving business needs
Incorporating the latest vendor patches, features, and functions
Improving execution through user training and addressing recurring issues
Handling operational tasks like month-end close, daily reporting, master data administration, and transaction processing