Energy Trading and Risk Management (ETRM) System

Concepts

• liverpool
• software package
• information systems
• risk managed products
• trading
• etrm
• trading and risk
• a replacement, cloud based system
• the ccs energy portfolio
• the energy trading and risk management system

Location

Geochart for 1 buyers and 1 suppliers

Crown Commercial Service

A List of Successful Suppliers Can Be Found in the Attachments A

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Leaflet | Map tiles by Stamen Design, under CC BY 3.0. Data by OpenStreetMap, under ODbL.

Description

The Energy Trading and Risk Management system (ETRM) was used by Trading and Risk to manage the CCS energy portfolio for more than 1,200 customers across the Public Sector with a total spend of more than £1.5 billion per annum. The Energy Trading and Risk Management system (ETRM) was used to record trade and demand forecasts, calculate open positions and valuations based on market prices, and serves as Trading and Risk's 'single source of truth' for portfolio reporting and information. CCS was seeking to replace its current ETRM by sourcing a replacement, cloud based system. This was an off-the-shelf ready to deploy software procurement, rather than a software development project. The ETRM would support CCS's ability to provide its customers with risk managed products for power and gas.

Award Detail

CPV Codes

• 48000000 - Software package and information systems

Indicators

• Contract is suitable for SMEs.
• Contract is suitable for VCOs.

Other Information

RM6385 Redacted Contract.zip 2. Authorised Customer List.docx GWG T124-Contract Notice rights reserved for Crown Commercial Service Framework Agreement.docx RM6385 Successful Supplier Information v2.0.xlsx