The Vendor is required to provide energy trading risk management (ETRM) systems, both from an implementation and an operation standpoint.
- Energy management functions
• ETRM solution should be intuitive, flexible, adaptable, and scalable while at the same time minimizing burdensome complexity that would degrade performance, inhibit user interaction, or require undue user training or, specialization or excessive time and resources, including support.
• ETRM provides solutions that integrate two-way data communication with a variety of data sources that are automated, where practicable, to avoid repetitive user interactions and minimize risk of data integrity error.
• Automation should be updateable and enable updates to the automation to address changes to data sources, content, format or other change requirements in a timely manner, with minimal vendor support, minimal error risks, and that minimizes any negative impact to department business operations and performance.
• Proven vendors that have commercially available, currently deployed, ETRM software that fulfills the functionality.
• Department is not interested in software that is either “in-development”, commercially unproven, or currently not deployed in a tested commercial installation.
- General responsibilities
• Windows based desktop computers, database and OS software licenses, and required windows and Linux server platforms, for on premise installations.
• ERCOT digital certificates.
• Physical LAN and internet connections, firewall configurations, VPN tunnels for data connectivity.
• Meeting room facilities.
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