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Drax Group plc. (LSE:DRX) Technographics
Discover the latest software purchases and digital transformation initiatives being undertaken by Drax Group plc. (LSE:DRX) and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 2300 Drax Group plc. (LSE:DRX) employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Drax Group plc. (LSE:DRX) has purchased the following applications: FIS Energy Trading, Risk and Logistics Platform (formerly Aligne) for ETRM in 2014 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Drax Group plc. (LSE:DRX) is running and its propensity to invest more and deepen its relationship with FIS Global or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Drax Group plc. (LSE:DRX) revenues, which have grown to $3.80 billion in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Drax Group plc. (LSE:DRX) intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
TRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| FIS Global | Legacy | FIS Energy Trading, Risk and Logistics Platform (formerly Aligne) | ETRM | TRM | n/a | 2014 | 2014 |
In 2014 Drax Group plc. upgraded to FIS Energy Trading, Risk and Logistics Platform (formerly Aligne) as its ETRM solution, establishing a consolidated application footprint for trading, risk and logistics workflows. The upgrade positioned FIS Energy Trading, Risk and Logistics Platform as the primary system for energy trading and risk oversight across relevant commercial functions.
The implementation focused on configuring core ETRM modules, including trading workflow orchestration, risk measurement and position management, and physical logistics capabilities. Workstreams addressed product definition, deal capture, mark to market and exposure reporting, and settlement processing, with parameterization to align with Drax Group plc business rules and commodity contracts.
Operational scope covered commercial trading desks, risk management, and logistics operations, with phased rollout activities for environment provisioning, data conversion, system validation and user acceptance testing. Governance practices included role based access configuration, change control for configuration items, and coordinated cutover planning to minimize disruption to trading and scheduling activities.
FIS Energy Trading, Risk and Logistics Platform was configured to support end to end ETRM processes, with emphasis on consistent position visibility and transactional auditability across trading, risk and logistics functions. The project narrative centers on the Aligne upgrade to the FIS platform and the internal process and system configuration work required to institutionalize the vendor application within Drax Group plc operations.
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