Our Competitive advantages
At ROITI, we are obsessed about two things: knowledge of business fundamentals and systems knowledge. We believe that in the end “it’s all about the business” and are committed to deep fundamentals and risk specifics know-how in all energy and commodity markets we serve. To make sure we can keep this commitment, we require all our consultants to get the Energy Risk Professional certification of GARP. In the meantime, we have bi-weekly software trainings on relevant topics for ongoing projects or current market developments to ensure we deliver on our promise to provide you with the optimal technology solutions.
People selection is on the top of the agenda for the company management. Our average team experience is around 10 years, and the least experienced consultant is with 7 years in the energy industry. We have people with power and gas trading experience, risk management in the financial and energy industry, accounting, regulatory reporting, market management – and of course the relevant ETRM systems supporting these functions. Hence, the people who serve our customers are always prepared with the right questions.
There are three main reasons why partnerships are key to a consultancy company: know-how sharing, resource availability, and cost optimization. We partner with OpenLink which allows to work alongside the top experts around Endur. We also partner with other consultancies on a project basis to make sure the resource demand can be met. Finally, partnerships with companies across Europe allows for more affordable rates to customers – and the right knowledge against this price.
Our location makes two things very convenient: optimizing travel costs and ensuring onsite availability whenever push comes to shove. We often have a hybrid model with our customers with travelling either every week or every second week to the customer site. Thus, we make sure to enable our consultants to utilize fully the company pool of know-how and optimize travel costs.
NON-STANDARD GAS IMPLEMENTATION FOR DEAL CAPTURE AND REMIT REPORTING FOR OPENLINK
The partnership with OpenLink lead to a first project in which ROITI supported heavily the implementation of Endur for a Swiss gas and power trader operating in Central and Eastern Europe. The scope was modelling and REMIT reporting supply and sales gas non-standard contracts.
JAN – JUL 2016
PARTNERSHIP AGREEMENT WITH OPENLINK
ROITI entered into a partnership with OpenLink in the areas of pre-sales and implementation projects.
ROITI EXPANDS PRESENCE AT RWE SUPPLY AND TRADING
ROITI expands presence at RWE Supply and Trading. The focus is on APM design and build. First 1-year contract for consultancy with Vattenfall Energy Trading. ROITI supports Nordic market modelling, APM, and End-of-Day.
ENDUR UPGRADE SUPPORT
ROITI expands presence at VET and starts supporting an upgrade from Endur v8 to Endur v12. Specific tasks are testing of custom logic, test management, and UAT coordination.
GREENFIELD RE-IMPLEMENTATION OF ENDUR
ROITI is contracted by RWE Supply and Trading to support the design and build of Front Office reporting solutions across 22 trading desks within a Greenfield re-implementation of Endur. The focus is on APM and Report Builder, but a significant effort also goes into custom reporting solutions, designing simulation results, support with curve and deal modelling for oil, gas, and power.
FIRST INDEPENDENTLY CONTRACTED CUSTOMER
ROITI starts to support new product implementations at Vattenfall Energy Trading. These include curve and deal modelling of new types futures, options, swaps in the oil, power, and gas markets.
ROITI was established by professionals combining know-how and consulting experience across power, gas, oil, and financial markets. The company concept is building on the trust and track record with existing customers, and build an onsite and near shore offsite consulting practice ensuring the best return on technology investment for its customers. ROITI partners with OpenLink at the beginning – the leading vendor of ETRM solutions at tier 1 customers in the energy trading market. The two companies parted ways at the end of 2013, but continue to be in contact and cooperate on occasions.