Credit Management Portal Outage External Participant Meeting - - PowerPoint PPT Presentation

Credit Management Portal Outage

External Participant Meeting December 6, 2016

Agenda

• Scope
• Outage Timeframe
• Credit Impacts
• What You Can Do To Prepare
• What To Do If You Encounter Problems During Outage

Page 2

Scope

• The ISO is upgrading its Financial software responsible for

credit management and market clearing financial functions.

• This upgrade is mandated by ISO’s software supplier in
• rder to retain support.
• There are no functional changes and market participants

will not be impacted by the change.

• This is the second of the two required outages to complete

this upgrade.

Page 3

Outages

• Two Outages:

– #1: Minor patching and database upgrade

• Completed ahead of schedule in September

– #2: Final application upgrade to latest release

• Start: Thursday, December 8th at 12 noon
• End: Monday, December 12th at 8am
• System will be returned to service sooner if work

finishes ahead of schedule.

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Credit Impacts

• Access to the Credit Management section of the Market

Participant Portal will be disabled

– Will be unable to view Aggregate Credit Limit (ACL) or Estimated Aggregate Liability (EAL) – Will be unable to print reports – ISO personnel will also not have access to this information

• Collateral postings and returns will be temporarily

suspended one hour before the outage and will be processed as soon as possible following the outage

• Convergence bids may still be submitted

– Credit check will be applied – Initial available credit amount for convergence bids will be based on the ACL at the beginning of the outage – ACL will continue to be adjusted based on accepted/cancelled bids

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What You Can Do To Prepare

• Access the Credit Management Portal prior to the outage to
• btain your most up-to-date ACL and EAL as well as to print

reports; this information will be unavailable throughout the

• utage period
• Submit convergence bids early to ensure you have sufficient

collateral and time to react to any issues prior to the outage

– Convergence bids for Friday through Sunday may be submitted as early as TD-7 days prior to the start of the outage up to the close of the market on Thursday at 10am

• Post additional collateral prior to the outage and/or defer

collateral returns until after the upgrade to ensure you have sufficient collateral for convergence bidding throughout the

• utage period

Page 6

What to do if you have problems during the outage

• If you are unable to submit a bid, please call the ISO

Help Desk immediately. – (916) 351-2309 or (888) 889-0450 – Credit and IT teams will be available to work through any issues.

• Opening a CIDI case or contacting your client

representative will cause delay as we are operating

• utside of normal business hours.

Page 7

Questions

Page 8