Blog Archives - Page 19 of 24

Mocoh Selects CTRM system using capSpire’s Advisory Services

POSTED BY capSpire ON January 19, 2019 IN Advisory Services, Blog, News, Press Release

Mocoh, a leading global supplier of crude oil and refined products, chose capSpire to help the company evaluate commodity trading and risk management (CTRM) systems. Mocoh’s decision to invest in a CTRM system followed a period of incredible growth, including its recent contract with the Nigerian National Petroleum Company. Through its advisory services and drawing …

Permian Basin Bottlenecks to Benefit Regional Refiners

POSTED BY Thomas Hunt ON January 19, 2019 IN Blog, Digital Transformation, E/CTRM, Optimization

In our last blog, we explored the impact of refinery shutdowns on the macro supply and demand of crude in regional hubs such as Midland. We also explored how refiners and midstream operators are increasingly leveraging optimization technology to help them manage their lease crude obligations during refinery shutdowns and turnarounds. In this blog, …

How Data Can Be Leveraged to Your Company’s Advantage—and Maybe Even Help You Get Out of a Speeding Ticket

POSTED BY capSpire ON January 19, 2019 IN Analytics, Blog, Digital Transformation, News

You’re driving along the freeway one evening after work, going to meet friends for dinner at a local barbeque restaurant. Stuck in the middle lane behind a lawn-care truck and with an 18-wheeler to your right, you’re coasting along at a steady pace of about 65 miles per hour (mph) to keep up with traffic …

capSpire ignite: What You Need to Know

POSTED BY Clare Annis ON January 19, 2019 IN Blog, Careers, E/CTRM, News

Are you a recent college graduate who’s considering joining the capSpire team? If so, you’re probably wondering what happens next after you go through the recruitment process. Once you’ve officially secured your place on capSpire’s team—after the obligatory celebration, of course — you’ll be on your way to capSpire ignite. What exactly is capSpire ignite? …

capSpire European Team Retreat Sets Sail in Portugal

POSTED BY Clare Annis ON January 19, 2019 IN Blog, Careers, Events

capSpire builds technology solutions for leading Energy clients around the world to make their businesses run more efficiently. But a few weeks ago, capSpire teammates faced the ultimate challenge: Competing to build boats out of sticky tape, foam, and a few pieces of wood under the pressure of a one-hour timeframe. Then the boats were …

Why Inventory Management is More Than Just an Accounting Problem

POSTED BY capSpire ON January 19, 2019 IN Allegro, Blog, E/CTRM

There is a common perception that utilizing inventory-management component within commodity trading and risk management (CTRM) systems is optional. It’s considered a way to make an accountant’s life easier and often relegated to a future stage of implementation if it is considered at all. There are a few reasons for this line of thinking. Accounting …

New from capSpire: Scalable ERCOT Trade Importer

POSTED BY capSpire ON January 19, 2019 IN Allegro, Blog, E/CTRM

If you have to enter trades manually into Allegro to replicate your trading activity on the Electric Reliability Council of Texas (ERCOT) trading platform, then you know what a time-consuming process this can be—especially as trades increase in complexity or volume. A complex trade with multiple details could take as long as a half hour …

capSpire’s Annual U.S. Retreat Inspires and Reinforces Critical Connections

POSTED BY capSpire ON January 19, 2019 IN Blog, Careers, News

Each year, capSpire’s retreat is an opportunity to gather team members from across the U.S. together in one place to encourage face-to-face meetings and foster camaraderie—and maybe also play basketball and cornhole, navigate a blow-up maze (with a slide at the end!), sample tasty fare from area food trucks, and jump at the opportunity to …

Three Goals of capSpire’s Managed Services Offering

POSTED BY capSpire ON January 19, 2019 IN Advisory Services, Blog, E/CTRM

Did you know that capSpire provides managed services to clients that use commodity trading and risk management (CTRM) systems for their day-to-day management of trading, logistics, risk management, and accounting? Basically, it’s an ongoing relationship in which our consultants offer immediate support—whether on-site or remote—for issues as they arise. We want our clients to concentrate …

Back by Popular Demand: Top Reasons To Upgrade to Allegro Horizon

POSTED BY capSpire ON January 19, 2019 IN Allegro, Blog, E/CTRM

Over the last few months, more and more companies have considered an upgrade to Allegro Horizon. Rest assured that since Allegro Horizon was first introduced in 2016, this newest version of the software has been through several successful implementations. It’s now tried and true, and has proven to be a valuable investment for many companies. …