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Market Testing

Market assurance falls under a multi-lateral industry code or agreement and it is a way of testing new or existing energy suppliers against the obligations of the market in which they operate or seek to operate.

Market assurance normally applies when:

  • A new market entrant, e.g. energy supplier, plans to start operating in the sector;
  • An existing market participant is undergoing business transformation; and
  • Legislative changes impact on existing business process or impose new requirements.

Our services are highly responsive to the industry we operate in and the rules and duties detailed within multi-lateral agreements. Examples of multi-lateral agreements include the Master Registration Agreement (MRA) in the electricity market or the Customer Transfer Protocol (CTP) in the water sector.

Our market assurance services normally test against:

  • Sustainability of the operating model;
  • Appropriateness and coherence of business processes;
  • Reliability of supporting IT infrastructure and development methodology; and
  • Strength of project management and change management.