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Stitching a new energy trading and risk management (ETRM) system into a modern systems environment is a substantial and risky undertaking. ETRM as a business function is notably complicated and the challenges an integrator faces are legion.
Energy trading is perhaps the most complicated of all of the various functional areas one encounters in the oil and gas industry. It is a high risk, high stakes, high cost, highly dynamic, complex function with strong ties into operations and finance, relatively few actual transactions, and carried out by a small number of people who have deep industrial insight. What could go wrong?
The successful integrator will promote an open and collaborative environment for the multiple technology and business teams to address the many integration challenges. While the stakes are high, the benefits of a well-designed and executed integration are well worth the investment.
Additional Tools & Resources:
๐ฌ Go backstage and check out my studio: ๐ย https://geoffreycann.com/mystudio/ ๐ Take my one day digital strategy training course for oil and gas: ๐ย https://www.udemy.com/course/digital-oil-and-gas/?referralCode=0161D4D49AB75735A185
Connect with Me:
๐ฅ๏ธ Blog series:ย https://digitaloilgas.substack.com/ ๐ง Podcast:ย https://geoffreycann.com/broadcast/ ๐ Linkedin: https://www.linkedin.com/in/advocate-digital-innovation-for-energy/
๐คฌ X:ย https://x.com/geoffreycann
Contact for Lectures and Keynotes:
I speak regularly on these and other topics. Contact me to book a brief call about your upcoming event needs. Click here ๐ย https://geoffreycann.com/contact/
Disclaimer:
The views expressed in this podcast are my own and do not constitute professional advice.
Download the Transcript!
Want the actual script that this podcast is based on? You can download the transcript for this podcast here: ๐ https://digitaloilgas.substack.com/p/navigating-green-compliance
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Stitching a new energy trading and risk management (ETRM) system into a modern systems environment is a substantial and risky undertaking. ETRM as a business function is notably complicated and the challenges an integrator faces are legion.
Energy trading is perhaps the most complicated of all of the various functional areas one encounters in the oil and gas industry. It is a high risk, high stakes, high cost, highly dynamic, complex function with strong ties into operations and finance, relatively few actual transactions, and carried out by a small number of people who have deep industrial insight. What could go wrong?
The successful integrator will promote an open and collaborative environment for the multiple technology and business teams to address the many integration challenges. While the stakes are high, the benefits of a well-designed and executed integration are well worth the investment.
Additional Tools & Resources:
๐ฌ Go backstage and check out my studio: ๐ย https://geoffreycann.com/mystudio/ ๐ Take my one day digital strategy training course for oil and gas: ๐ย https://www.udemy.com/course/digital-oil-and-gas/?referralCode=0161D4D49AB75735A185
Connect with Me:
๐ฅ๏ธ Blog series:ย https://digitaloilgas.substack.com/ ๐ง Podcast:ย https://geoffreycann.com/broadcast/ ๐ Linkedin: https://www.linkedin.com/in/advocate-digital-innovation-for-energy/
๐คฌ X:ย https://x.com/geoffreycann
Contact for Lectures and Keynotes:
I speak regularly on these and other topics. Contact me to book a brief call about your upcoming event needs. Click here ๐ย https://geoffreycann.com/contact/
Disclaimer:
The views expressed in this podcast are my own and do not constitute professional advice.
Download the Transcript!
Want the actual script that this podcast is based on? You can download the transcript for this podcast here: ๐ https://digitaloilgas.substack.com/p/navigating-green-compliance
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