A few years ago, we did a series on maximizing your value at each stage of your CTRM journey. A lot has changed since then including COVID-19, increased remote work,...
CTRM Series: How to Maximize Value at Each Stage of Your CTRM Journey in 2022
Horizon Upgrades: How to Understand the Cost of an Allegro Upgrade
I doubt that anyone is asking Santa Claus for a CTRM system upgrade this Christmas, yet many companies will find they are in the inevitable position of having to take on a project...
The total cost of ownership (TCO) for any software system includes both direct and indirect costs. Indirect costs are often hard to see, especially when they hide in plain sight...
How many times have you looked at the list of data sources coming into your commodity/energy trading and risk management systems (CTRM/ETRM systems) and been shocked at the...
How to Apply a Hybrid Agile Methodology to CTRM Projects
In our last blog on this subject, Agile vs. Waterfall: Which Delivery Approach is Right for You?, we focused on two standard project management methodologies – Waterfall and Agile...
Statistically speaking, projects and transformations do not have the odds in their favor. According to Commodity Technology Advisory, over 50% of CTRM implementation projects fail...
5 Things to Consider When Addressing Netbacks in a CTRM Implementation
There are lots of complications for E&P companies when implementing solutions. One of the more common ones is netbacks. Considerations must be taken to help drive value in this...
Agile vs. Waterfall: Which Delivery Approach is Right for You?
In the Veritas blog series CTRM Project Management Done Right, August Al-Uqdah highlights keys to successful project management. Value is driven by critical factors including...
It is not uncommon for users to not know how to navigate the home screen after a CTRM implementation. I know, shocking. Time and time again, users do not receive proper training...
As experts in the commodity trading and risk management (CTRM) space, we have continuous engagement with clients, who are leveraging CTRM technology for their commodities trading...
Optimizing Post Go-Live: 5 Tips to Ensure Delivery of Business Value from a CTRM Project
“Begin with the end in mind” is of the most common sayings that we use at Veritas. This applies for almost every situation and certainly to projects. When we begin working with...
Stabilization: 4 Tips to Increase User Adoption for CTRM Projects
CTRM projects can take 6 to 18 months to execute and there are few milestones more significant than a project go-live. Given the tremendous effort and focus to get to this point,...