End-to-end lifecycle of a trade in an Energy Trading and Risk Management system. Click any module below to see description, facts, pain points, who is responsible, and an example.
Data flows through these stages in sequence; arrows show dependencies.
Volume & price forecasting (e.g. demand from weather and historical data), portfolio optimization, and price curves.
Records deals from external platforms (exchanges, brokers) and manual entry; enrichment, validation, contract master.
Match terms with counterparty (e.g. ICE Link, Trax); allocate confirmed deals to delivery (deal marketing).
Nomination declares volumes/points to pipeline or grid; scheduling plans physical delivery; inventory & logistics.
Calculate amounts, generate invoices, match payments; send to GL/ERP (external accounting).
Daily P&L, VaR, credit and invoicing reports; dashboards (e.g. Power BI, Tableau) on ETRM data.
Click any module above to open details below
This view connects the key modules so learners can quickly understand how outputs from one area become inputs to the next.
Critical dependency: strong capture controls, audit trails, and clean master data are required for accurate downstream risk, settlement, and EMIR/REMIT reporting.
Key responsibilities by area:
Traders capture and own commercial decisions; middle office handles confirmation, validation, and risk; back office and operations run nomination, invoicing, and settlement; risk and finance own reporting and limits.