05/Feb/2008
“Contigo augmented the project team by allowing delivery of numerous complex workflows in a compressed time frame. We were very impressed with your tenacity to define and understand the requirements. The coding is professional grade and the layout thoughtful. Documentation is robust and thorough. In all, a solid delivery.”
ROME Corporation
|
Founded in 2001, ROME Corporation has become an industry leader in delivering integrated Risk and Opportunity Management software solutions.
|
|
|
ROME Corporation helps companies minimize risk, achieve greater efficiencies, increase liquidity and improve transparency.
|
|
|
Founded in 2001, ROME Corporation has become an industry leader in delivering integrated Risk and Opportunity Management software solutions.
|
|
Summary
Contigo have been a partner of ROME Corporation (based in Houston, USA) since January 2007 and have worked closely with them on a number of high profile implementations in Europe and America.
ROME Corporation is a leading provider of enterprise credit risk management systems for the global energy marketplace. ROME’s suite of credit risk management products includes ROME CreditRisk, ROME CreditScoring, ROME DealValuation Engine, ROME CreditAnalytics, and ROME ContractManagement.
These products work together to help automate and streamline the processes for managing contracts, collateral, counterparties, credit scoring and exposure.
Contigo provide a number of high quality services to ROME Corporation including;
- European energy trading consultancy
- JBOSS Business Process Management (jBPM) workflow and report development services
- Integration and implementation consultancy and development services
- Operating the ROME Corporation EMEA support desk for their European clients
PPM Energy Implementation
In 2007, ROME Corporation implemented the Rome CreditRisk system at PPM Energy (a ScottishPower company) in Portland Oregon, USA. This implementation required the analysis and development of a number of sophisticated and automated workflows (with supporting management reports) to automate the setup of new counterparties and the allocation and maintenance of Counterparty Credit tenor limits based upon internal credit scores and external credit ratings.
Contigo undertook detailed analysis of these requirements, creating a workflow system design template in the process that has been used subsequently during other ROME Corporation implementations. After the formal design was approved by PPM, Contigo undertook full lifecycle development of the solution with managed releases to the implementation team in the USA.
All work was carried out in the UK which was 8 hours ahead of the implementation team in Portland, Oregon. This provided some communication challenges which were overcome using a number of different approaches such as email, instant messaging, WEBEX and conference call. Instead of allowing the time difference to adversely affect the project,
Contigo embraced the opportunities it presented. A full day’s uninterrupted analysis and development could be followed by an evening of discussion and demonstration etc with the implementation team in the USA. Working this way allowed Contigo to design and deliver these workflows in a shortened time frame and allowed ROME Corporation to achieve the required milestones to ensure the success of the PPM implementation.
Phil Hyde, Rome Corp's Techical Architect on the PPM project said “Contigo augmented the project team by allowing delivery of numerous complex workflows in a compressed time frame. We were very impressed with your tenacity to define and understand the requirements. The coding is professional grade and the layout thoughtful. Documentation is robust and thorough. In all, a solid delivery.”