ETRM Foundation
A structured foundation in energy trading and risk management platforms: how the system is built, how a trade moves from capture to settlement, and how reference and market data underpin every function. Built for newcomers, analysts, and teams before the deeper Pro 500 curriculum.
Who it's for and how it works
Newcomers to ETRM, business and data analysts, implementation team members, and anyone building a solid platform grounding before a deeper deep dive.
Each chapter pairs a video explainer with an in-depth audio podcast and PDF notes, so you can learn the concept quickly and absorb the detail on the move. It is self-paced with lifetime access, and available as a mentor-led cohort or private corporate training.
Educational content only. Does not include proprietary vendor UI screenshots, licensed software, or live system demonstrations. Does not guarantee interview outcomes, employment, or business results.
103 chapters across 7 modules
The complete ETRM grounding - platform architecture, the trade-to-report lifecycle, reference and market data, and operations, built up from first principles.
100 - Foundations
- 101 ETRM Introduction: what an ETRM system is
- 102 ETRM Architecture
- 103 ETRM Core Modules
- 104 Core Entities in ETRM
- 105 ETRM Trade Lifecycle
- 106 ETRM Trade Data Model basics
201 Trade Capture & 202 Trade Lifecycle
- 201 Deal capture in ETRM
- 202 Trade lifecycle explained: trade types and contract structures
- Operational challenges in the trade lifecycle
- Understanding trade amendments
- System handling of amendments
- Risk and compliance implications of amendments
- Trade cancellations - business drivers
- Cancellation processing in ETRM
- Risk and accounting impacts
- Introduction to rollovers
- Rollover mechanics in ETRM
- Risk and accounting dimensions of rollovers
- Data integrity and audit-trail management
- Technology enablement and automation
- The future of lifecycle management
203 Scheduling & Logistics
- 203 Scheduling and logistics in energy trading
- Market structures and commodities
- Trade capture and nomination fundamentals
- Pipeline and transmission scheduling
- Logistics for physical commodities
- Imbalance management and penalties
- Storage and transportation optimization
- Scheduling modules in leading ETRM systems
- Automation and workflow engines
- Data integration and market interfaces
- Risk management in scheduling and logistics
- Regulatory and compliance considerations
- Performance metrics and KPIs
- Technology trends and the future of scheduling
- Case studies and best practices
- Gas scheduling overview
- Power scheduling overview
204 Risk Management
- 204 Introduction to risk in energy trading
- Risk taxonomy in ETRM
- Role of ETRM systems in risk management
- P&L concepts in energy trading
- P&L reporting and attribution
- Advanced P&L controls
- Value at Risk (VaR) in ETRM
- Stress testing and scenario analysis
- Sensitivities and Greeks in ETRM
- Credit risk in energy trading
- Credit-limit management
- Credit-exposure measurement
- Liquidity risk in energy markets
- Operational risk in ETRM
- Risk policies and governance framework
- Limit frameworks and control mechanisms
- Risk analytics architecture
- Regulatory and compliance risk
- Emerging technologies in risk management
- The future of risk management
205 Reporting Tools & 206 Settlements & Accounting
- 205 Reporting tools: query tool, blotters and custom report viewer
- 206 Foundations of ETRM settlements
- Trade-to-cash lifecycle deep dive
- Static and reference data for settlements
- Valuation, P&L and realization
- Invoicing fundamentals (AR/AP)
- Netting and set-off
- Allocations and measurement
- Fees, charges, adjustments and claims
- Tax configuration and compliance
- Currency, FX and hedge accounting
- Credit, collateral and margin interlocks
- Cash application, collections and treasury
- Accruals, period close and revenue recognition
- Accounting rules engine and chart-of-accounts mapping
- ERP integration
- Scheduling, nominations and metering to settlement
- Reconciliations, controls and auditability
- Automation, performance and scalability
- Regulatory reporting and market rules
- Operating model, KPIs and implementation playbook
207 Reference Data Management
- 207 Introduction to reference data in ETRM
- Reference vs master vs transactional data
- Governance, ownership and data quality
- Currencies and FX reference data
- Commodities and products
- Instruments and contract templates
- Locations, hubs and delivery points
- Counterparties and portfolios
- Market-data management overview
- Forward curves
- Volatility surfaces and option data
- Interest-rate and FX curves
- Correlation and correlation matrices
- Integration with market-data feeds
- Static-data change management
- Reference-data validation and controls
- Reference data in risk and P&L
- Reference data in settlements and accounting
- Data architecture and ERP/BI integration
- The future of reference data in ETRM
301-304 Data & Instrument Modeling
- 301 Market data, curves and time-series modeling
- 302 Trade lifecycle and instrument modeling
- 303 Counterparty, credit and limit modeling
- 304 Data modeling for ETRM systems
The ETRM Pro Bundle
ETRM Foundation is one of the seven programs in the ETRM Pro Bundle, anchored by the flagship ETRM Pro 500.
Go deeper
ETRM Foundation - answered
What is the ETRM Foundation program?
The complete ETRM grounding - platform architecture, the trade-to-report lifecycle, reference and market data, and operations, built up from first principles. It runs to 103 chapters across 7 modules.
How does the course teach ETRM?
Each chapter pairs a video explainer with an in-depth audio podcast and PDF notes, so you learn the concept quickly and absorb the detail on the move. The material works through the platform functionally - the trade lifecycle, data, risk, scheduling, settlement, and operations - using worked examples rather than abstract theory. It is self-paced with lifetime access; mentor-led cohorts are also available.
Is this an Endur training?
This is a vendor-neutral energy trading & risk management (ETRM/CTRM) training. It teaches the concepts, data model, and workflows common to modern ETRM platforms so the skills transfer across systems. It is educational content only and does not include proprietary vendor UI screenshots, licensed software, or live system demonstrations.
How does this training help me get an ETRM / Endur job?
It builds the functional vocabulary and platform understanding that ETRM and Endur-type roles interview for - the trade lifecycle, reference and market data, risk and P&L, scheduling, and settlements - and lets you speak credibly about how the system supports each function. It does not guarantee interviews, employment, or specific outcomes; it gives you the knowledge foundation to compete for those roles.
Do I need prior experience?
No - this is a foundational program that builds from first principles.
Who is it for?
Newcomers to ETRM, business and data analysts, implementation team members, and anyone building a solid platform grounding before a deeper deep dive.
Is there a downloadable brochure?
Yes. A PDF brochure summarizing the full curriculum is available from the download button at the top of this page.
Is it self-paced or cohort-based?
Both. Self-paced access with lifetime access is standard; mentor-led cohorts and private enterprise delivery are also available.
Does it include certification?
It awards a Durga Analytics certificate of completion. The focus is on real, functional ETRM capability rather than an external exam.
How does it relate to the ETRM Pro Bundle?
This program is part of the ETRM Pro Bundle, which combines it with the flagship ETRM Pro 500 and the other ETRM programs. Each is also available on its own.
How do I enrol or request details?
Use the contact form to request program details, bundle pricing, or a corporate cohort, and a senior practitioner will respond.
Advance your ETRM capability
Enrol as an individual with lifetime access, or bring the program to your team as a tailored corporate cohort.