The business dynamics of the Energy & Utilities industry are in constant change. Industrial mergers and consolidations, client expectations, a focus on profits and renewable energy are driving market operators to invest in technology and expertise to meet the requests of the market.

Lutech has put its strategy into action within the Energy & Utilities Business Unit by investing in an Energy Trading and Risk Management (ETRM) solution and then planned its integration with a cloud-based billing solution. Lutech’s vertical solution is a web-based platform with a modular architecture suited to use on multi-cloud infrastructure and a functional map structured for the supply of microservices.

It is essential for clients to place their trust in a partner with undoubted expertise in the energy management software solutions sector, which is able to provide modern, completely integrated tools that combine strengths such as wide functional coverage, ease of use, and constant updates to comply with applicable legislation.

Lutech has invested in a vertical energy trading and risk management solution which supports companies in managing their daily requirements, guarantees coverage in terms of markets and commodities managed, ease of use and flexibility, in full compliance with regulatory reporting requirements (e.g. EMIR/REMIT). The strengths of this solution and approach are:

• Innovative architectures for use on multi-cloud platforms

• Microservices delivery model

• Modular and scalable solution

• Roadmap development aligned and updated with the development of the normative and regulatory context

• Specialist expertise in the processes of the energy and utilities industry, with a focus on ETRM and energy management

• Multi-market and multi-commodity management

• Post-go live support with specialist process expertise