Technology - Project management - A stitch in time

While firms are looking to move rapidly into energy trading, implementing the technology needed to underpin trading operations can be complex and difficult, so companies often find themselves overrunning schedules rather than gaining time. To avoid this trap, a number of points are worth bearing in mind.

Firstly, a firm must decide on the level of future involvement. Is it looking to dip a toe into the water and deal in energy financials only, or to engage heavily in physical trading, for exa