Energy firms' systems not ready for regulation, survey finds
ETRM systems are ill-prepared for financial and energy market regulation, according to Energy Risk survey
Complying with a raft of financial and energy market rules is putting heavy demands on companies' energy trading and risk management (ETRM) software systems, according to the results of Energy Risk’s 2014 Software Survey and Rankings.
Just 35% of firms that responded to this year’s survey affirmed that their systems were ‘regulation ready’. A further 38.2% of respondents reported they were ‘almost ready', with over a quarter saying they were ‘not quite ready' or ‘not at all ready'.
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