RAI Price Framework: Tailored Roadmap for Price Data Transformation
Understand Where to Play and How to Win with RAI Price Framework
Establish price data management practices into your business that enable your price business transformation.
In the commodity trading industry, prices are driving most of our decisions.
Having been so wildly used and diverse, centralizing and normalizing prices to leverage the full potential across your organization becomes very challenging. It is getting even more complicated if you operate in silos in global footprint organizations.
We will help you understand where to play and how to win with our solutions and expertise.
Creating a centralized single source of truth will bring you 4 major benefits:
Enforce Internal Controls
Enforce your Internal controls on your core data to produce: MTM, VaR, IPV,…
Gain Productivity
Gain on productivity by automating operational activities: manual price collection, reporting.
Acquire Insights
Acquire data insights by being able to decompose and analyze healthy historical prices.
Gain Control On Costs
Gain back control on costs by rationalizing Data licence and Providers: Bloomberg, Reuters, Baltic, Platts, ICE
Strategic Transformation:Transforming the company into a data-driven organization
RAI Price Framework in Action
RAI Price Framework aims to provide you with an approach to identifying and executing Strategic Transformation on price data assets successfully.
Want to Accelerate Your Price Roadmap ?
The Integration Playbook is a framework for identifying how to win on any business, with a clear roadmap for implementation. It focuses on business transformation and monitoring adoption, using the core pillars of technology,
people, data, and routines. It helps define key success factors and build a success formula through a predefined methodology for implementation.
Enforces the team alignment upfront by predefining the roles and responsibilities throughout the implementation
Eliminates the requirement for building artefacts for each milestone by addressing the key success factors upfront
Provides scalable capacity and predictable resource allocation by touching the main organizational pillar through learnings
Helps paving the way for a scalable and full proof integration implementation eliminating the reinventions and microdetail management
Working with RAI Price Framework will bring you:
Time
With a reduction in your time to target, you will not start from a blank page alone; we know where to start and where to go.
Decision
Simplified decision-making by having price experts providing you options.
Visibility
Maximum visibility on the upcoming milestones, dependencies and deliverables.
Expertise
Our price market data expertise makes the most appropriate choices to purchase data.
Tools
Pre-build tools to enforce your end-to-end internal controls.
To start the journey, we are here to help you to run an initial assessment and deliver:
- Identification of your top 3 potential Price business cases
- Definition on what needs to be true to enable those business cases
- Potential solution approaches to serve them with high level integration strategy
One of the great use cases is what we have achieved in close collaboration with our partner Louis Dreyfus Company, through a centralized analytics platform.
Pinar Dolen, CDO of LDC and our CEO, István Czilik talked about “How Centralised Analytics Platform & Strategy Can Enable Future-Proof Pricing”.
Listen to the story and discover how we’ve addressed the following challenges:
👉 How artificial intelligence can drive business decisions?
👉 How do I trust my pricing and my data sources?
👉 How can I roll out the pricing to downstream systems?
Empower Your Growth and Transform Your Price Framework with AI Augmentation
With the help of our solutions and experts, your revenue is now more achievable! Revenue AI technologies improve your revenue with tailored data management and price transformation solutions to help you meet your long-term needs. See how we can add value to your business’ success.
