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MARKET SYSTEM RELEASE UPDATE Modifications Committee Meeting 27 March 2012

MARKET SYSTEM RELEASE UPDATE Modifications Committee Meeting 27 March 2012. Implementation of Central Market Systems changes. SEMO is responsible for implementing changes to the Central Market System (CMS): Modification Proposals approved by the Regulatory Authorities.

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MARKET SYSTEM RELEASE UPDATE Modifications Committee Meeting 27 March 2012

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  1. MARKET SYSTEM RELEASE UPDATEModifications Committee Meeting27 March 2012

  2. Implementation of Central Market Systems changes • SEMO is responsible for implementing changes to the Central Market System (CMS): • Modification Proposals approved by the Regulatory Authorities. • Non-Code related Change Requests recommended by the SEM Design Service (SDS) and approved by the Regulatory Authorities. • SEMO implements these changes by: • Translating the agreed business requirements to detailed systems requirements/design. • Baselining the design for delivery by our vendors. • Testing software internally (system integration and regression) to ensure that baselined requirements have been met. • Communicating as required with stakeholders. • Where Participant interface changes occur, conducting Market Trial to demonstrate that the CMS and Participant interfaces will operate in accordance with the Code. • Managing Cutover / Deployment.

  3. SEM R2.0.0 – Intra-Day Trading - Scope • Scope for SEM R2.0.0 is as follows: • SEM_PC_CR284 added to scope on 2 December 2011. Change to the vendor design to ensure alignment of Intra-Day Trading solution with Mod_18_10_v2. • SEM_PC_CR287 added to scope on 12 December 2011. Minor change included to align with the Code and to ensure Participants could effectively manage Credit Cover under Intra-Day Trading.

  4. SEM R2.0.0 – Intra-Day Trading – Project schedule • Major activities and associated schedule for the project are as follows: • The project is on schedule across all workstreams.

  5. SEM R2.1.0 – October 2012 • The Approved scope for SEM R2.1.0 is as follows:

  6. SEM R2.2.0 – April 2013 • The following Modification Proposal is approved for the SEM R2.2.0 release: • The release cut-off date for the April 2013 release to the Central Market System is : Friday, 22 June 2012. • All approved Modifications Proposals will be allocated to this release (subject to available capacity).

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