BIG DATA IMPACTS OF SETTLEMENT REQUIREMENTS ON ENTERPRISE IT SYSTEMS
EnDimensions will sponsor and exhibit at Improving Settlement Processes for Organized Markets, a two-day conference hosted by EUCI in Dallas, TX, February 20-21, 2013.
EnDimensions’ Chief Architect Valentin Petrov and Thomas Girlich, Manager of CAISO Settlements at PG&E, will provide insights and experience on:
Big Data Impacts of Settlement Requirements on Enterprise IT Systems
Challenges and software system requirements in maturing energy markets
Revamping technology to enhance system business requirements and performance
Managing settlement lifecycle-induced system adjustments and downstream impacts on IT
Coordinating reporting, data retention, and other dimensions with compliance
As RTO/ISO markets have matured in recent years and trading volumes have increased, market participants and the system operators themselves have encountered new challenges in the area of market settlements. These include the need to improve data management, to maximize accuracy so as to avoid the need for costly resettlement to promote accelerated settlements, to streamline business processes, to improve the market’s flexibility and to accommodate new challenges related to the proliferation of bidding increments.
This conference moves beyond simply cataloging these challenges and considers real-world solutions currently being employed to manage them and improve market efficiency and reliability. It provides a comprehensive overview of how ISOs and RTOs across the U.S. are overcoming settlement challenges and the lessons they have learned in the process. Additionally, the conference offers insights into how market participants are flexing their own systems to maximize efficiency and profits.