Digital Transformation at Scale: Modernizing a Major Utility
See how a leading North American utility replaced three legacy systems with Gravitas ETRM, reducing operational costs by 30% and accelerating trade execution.
Durga Analytics Customer Success
Real Results from Real Clients
The Challenge
Our client, was struggling with a fragmented trading landscape. They used one system for power trading, another for natural gas, and a labyrinth of Excel spreadsheets for risk reporting.
- Data Silos: Risk managers spent 4 hours a day manually aggregating data.
- High Maintenance Costs: Maintaining three separate on-premise servers was costing over $2M annually.
- Lack of Agility: It took weeks to onboard new trading products or counterparties.
The Solution: Gravitas ETRM
The utility chose Gravitas ETRM for its unified, cloud-native architecture. Within 6 months, we migrated their entire portfolio—spanning power, gas, and renewables—onto a single platform.
Unified Data Model
A single source of truth for all commodities eliminated data reconciliation errors.
Automated Workflows
Straight-through processing (STP) automated 85% of trade confirmations.
The Results
The impact was immediate and measurable. By decommissioning legacy hardware and streamlining operations, the client achieved significant ROI in the first year.
Looking Ahead
With a modernized foundation, the client is now piloting our AI-driven forecasting module to further optimize their hedging strategy. This transformation has turned their trading desk from a cost center into a strategic profit driver.
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