Market Intelligence Service (MIS) Overview

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Presentation transcript:

Market Intelligence Service (MIS) Overview January Market Intelligence Service (MIS) Overview Change Management Committee (ChMC) 10/04/19

Ofgem set out 4 reform packages: Do nothing Enhance existing CSS MIS Origins January RP0 RP1 RP2 RP3 No system or process changes. No Improvement to reliable switching. 21 day switch. Use existing systems. Address matching to improve reliability. Key Process changes (harmonised where possible) to deliver 3 to 7 day switch. New central switching service (core data). Enduring reliability improvement to data quality. Harmonised and simplified next day switching process. New central switching service and market intelligence services. Enduring reliability improvement, and improved access to broader range of switching data. Harmonised and simplified next day switching process. Ofgem set out 4 reform packages: Do nothing Enhance existing CSS CSS and MIS As a result of the consultation Ofgem refined option 2 and the new option became 2A, and determined that the industry was best placed to develop and fund the MIS services Ofgem then asked Xoserve and Gemserv to take forward the MIS initiative MIS is a suite of Data Products and services that support improvement in the reliability of switching, and enhanced consumer experience

MIS Governance January

Industry Consultation January Open Letter published 4th January The Open Letter was the first stage of an ongoing consultation approach Over 20 responses: range of stakeholders: suppliers, networks, metering organisations, water/business customer, Citizens Advice, medium/large suppliers, as well as from Alt Han Co Wide spread support Broad consensus for an unconstrained approach Initial priorities focusing on extending the API service to energy suppliers and support for Ofgem’s Faster and More Reliable Switching Programme (switching programme) Over 55 Use Cases identified, more Use Cases are evolving

Twin Fuel Price Comparison Website (PCW) API Service Services Delivered January Twin Fuel Price Comparison Website (PCW) API Service The service provides PCWs and other Third Party Intermediaries (TPIs) access to domestic switching data Supports faster, more reliable switching Twin Fuel Supplier API Service Provides Suppliers with a richer set of data items and includes non-domestic data Supports faster, more reliable switching Can be used for portfolio management activities and data cleansing Find My Supplier Portal (www.findmysupplier.energy) A portal that allows consumers to find their gas details. E.g. Current Supplier, MPRN Provides an enhanced consumer experience Gas M-Number Download Service Provides Supplier and Shippers access to a monthly download of M-Number data Harmonisation with the Electricity industry

Thank you January Questions? If you have any questions after the forum, please contact us on either:- MIS@gemserv.com Or uklink@xoserve.com