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Initial implementation of Endur V9

Project duration: 5 months

Brief description

The tasks include open points in the final phase of the implementation. Priorities include, among other things, correction and completion of the market curves add-on for trading in the UK and in continental Europe, supporting the traders with entering complex price escalation formulas, training the risk team in Endur, supporting the risk teams, adapting the price import process to the requirements of Endur, supporting the market data teams, and supporting troubleshooting in the APM add-on.

Supplement

The technical challenge is posed by the fact that an existing trading system with significant weaknesses is supposed to continue operating in parallel and Endur must be measured against it. At the same time, the reporting will be implemented via APM and the optimization via IOpt.

Subject description

The majority of the customer’s gas business should be technically mapped in Endur. As it is a question of the midstream activities of an upstream producer, it is above all long-term gas delivery contracts with complex pricing formulas that are mapped. For this, many market curves must be accurately drawn, in order for Endur to calculate the contractually agreed prices. Parallel to this, the risk team must be introduced to Endur, trained, and supported with the initial steps. Similar applies to the team responsible for importing the market data.

Overview

Project period01.01.2011 - 31.05.2011

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Dr. Andreas Schneider, grauhaariger Mann mit Brille

Dr. Andreas Schneider

Sector Manager Energy

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