Energy trading technology moves gradually into the cloud
Energy trading and risk management (ETRM) software is gradually starting to make use of cloud computing – a move that could improve the efficiency and capabilities of ETRM systems while also reducing costs, say consultants and market participants
In today's rapidly changing energy market, the competitive pressure faced by traders can possibly only be matched by the strain placed on technologists. With market conditions and regulation combining to squeeze revenues across the industry, many energy trading firms have been forced to review their energy trading and risk management (ETRM) systems. But partly thanks to disappointing earnings, the
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