Utilities - Energy Trading and Risk Management (ETRM)
The right approach to Energy Trading and Risk Management control exposure, absorb risk and deliver organizational stability
The last few years have seen widespread transformation in the energy economy. Internationalization of trade, deregulation, geopolitics, growing liquidity and a rise in energy demands have made markets more volatile. The consequence has been a proliferation of financial instruments and derivatives in the utility and energy markets. Most of the trading in the physical market is for security of energy supply and asset optimization amidst which the importance of Energy Trading and Risk Management (ETRM) has been growing.
The increase in volume, volatility and a complex regulatory framework has driven the use of technology in trading. Technology is deployed for managing trading operations, quantitative applications, risk modelling, etc and provides tools that improve decision making. The applications range from proprietary to standard off the shelf products as well as integration layers across applications.
Wipro has partnered leading system operators and utilities and has been through the complete regulatory cycle in leading markets. It has a deep understanding of the different maturities of markets. Wipro blends its domain knowledge, global expertise, technological capability and delivery excellence to provide innovative and customized solutions to customers in the ETRM space.