Energy Trading and Risk Management (ETRM) System

Complete

Buyers

Value

£1,300,000

Classifications

Software package and information systems

Tags

tender

Submission Deadline

5 months ago

Published

6 months ago

Description

The Energy Trading and Risk Management system (ETRM) is 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) is 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 is seeking to replace its current ETRM by sourcing a replacement, cloud based system. This is an off-the-shelf ready to deploy software procurement, rather than a software development project. The ETRM will support CCS’s ability to provide its customers with risk managed products for power and gas.

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Contract Agreement

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Award Notice

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Organisation

The Minister for the Cabinet Office acting through Crown Commercial Service

Ministry or any other national or federal authority, including their regional or local subdivisions

[email protected]

+44 345410222

[email protected]

+44 3454102222

Timeline complete