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ETIA Business Services |
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ETIAconsult provides services across the commodity and energy value chain |
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Strategic IT consulting evolving Road Maps that bring a balance between short term necessity and longer term objectives. |
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System selection with short RFI and RFP cycles. |
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Implementation services using the right blend of agility and robustness. |
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Operational Risk Assessment services to measure and manage risk of non- |
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Regulatory Compliance services to assess needs and evolve strategy to address regulatory pressure under the slew of regulatory schemes – REMIT, EMIR, etc. |
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Offshoring Services : We advise customers on strategy to offshore non- |
Operational Risk Management |
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Operational risk assessment from spreadsheet (EUC) tools and other shadow IT (non- |
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Identification of High Risk Automation (HRA) items and suitable countermeasures |
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Best practice training on spreadsheet modelling - |
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Risk reduction planning – incremental (tactical) reductions and bulk (strategic) reductions |
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Evolve an integrated program to manage process on continuous basis |
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Create an in house experts group to share best practice and code to structurally reuse rather than reinvent the wheel |
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Model validation services |
System / Vendor Selection |
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Rapid creation of Functional and Non- |
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System and vendor short list both requirements as well as softer items like vendor size, track record and reputation. |
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Large suppliers not always the best choice as niche vendors exist that provide better quality at lower costs. |
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Pragmatic handling of RFI & RFP processes leads to much shorter cycles. |
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Support for creating transparent business case and negotiation with prospective vendors. |
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Right balance between Capex and Opex to ensure cost burden that reflects business case cash flows. |
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Influence vendor roadmap to meet organization strategy. |
Energy Trade Book Structure Engineering / Re- |
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Business Flow Analysis – upstream v/s downstream |
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Mapping of Business departments to P&L centres |
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Book Structure design reflecting P&L centres and Transfer Pricing |
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Reflect KPI agreements to Book Structure |
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IFRS considerations especially Hedge Effectiveness and Accounting |
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Extendable and flexible design |
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Governance and change management |