POSTED BY capSpire ON January 19, 2019 IN Blog, News
Following several years of continual growth, capSpire is pleased to celebrate the expansion of its European headquarters based in Cork, Ireland. For more than nine years capSpire has widely been considered the expert in energy and commodity trading technology; hence, capSpire’s European footprint has grown steadily across all service verticals including advisory consulting, project delivery, …
POSTED BY Ben Ridgway ON January 19, 2019 IN Blog, Digital Transformation, E/CTRM, Optimization
The shoulder seasons bring significant uncertainty to natural-gas markets. During this time, unexpected weather events in particular can wreak havoc on spot natural-gas prices. Imagine the scenario in which bid week took place just over two weeks ago, during which baseload purchases and sales for October were negotiated, as well as firm transport on pipeline …
POSTED BY capSpire ON January 19, 2019 IN Allegro, Blog, E/CTRM
After your company completed its implementation of Allegro and fully transitioned to the new system, your back office has likely enjoyed a great deal of relief from many of the challenges of handling high trade volume. Even so, it is great to take a pause afterward to assess what other efficiencies and job aids can …
POSTED BY Scott Creed ON January 19, 2019 IN Analytics, Blog, Digital Transformation, E/CTRM
Previously, we’ve discussed question 1, question 2, and question 3 that commodity trading and risk management (CTRM) analytics answer. Question 4: Who are my best customers? To better focus marketing initiatives and incentive offerings, reduce risks, and increase revenue, you need to identify who your most reliable and profitable customers are. These customers are the …
POSTED BY Clare Annis ON January 19, 2019 IN Blog, Careers, News
Following a thorough and independent analysis, capSpire is pleased to be officially recognised as a Great Place To Work®. This certification is presented to companies with high-trust workplace cultures that value innovation, collaboration and engage with their employees. Great Place to Work® Institute conducted a cultural audit and thorough employee survey. capSpire scored highly across …
POSTED BY Jaydeep Shah ON January 19, 2019 IN Blog, E/CTRM
Many users of E/CTRM systems fall into one of two camps: Either they know definitively that they want to upgrade their existing E/CTRM system or they want to evaluate other E/CTRM systems in the market to verify which solution is the best fit for their current business—with the possibility of making a switch to a …
POSTED BY capSpire ON January 19, 2019 IN Blog, Digital Transformation, E/CTRM, Gravitate
According to Microsoft’s 2018 Global State of Multichannel Customer Service Report, 88% percent of customers worldwide expect businesses to provide online customer self-service portals. This is especially true in the U.K. (92%) and U.S. (88%) where customer support has become an increasingly high priority. The Energy space is paying attention to this trend, and industry …
POSTED BY Divvayya Kakarla ON January 19, 2019 IN Analytics, Blog, Digital Transformation, E/CTRM, RightAngle
A large refined-products retailer in the midstream space experienced a problem that could sound familiar to many other industry players: its existing risk-reporting procedures were largely manual and spreadsheet-driven. Generally, spreadsheets make handling and configuring large volumes of data difficult. But spreadsheets also lack the tools necessary to efficiently analyze daily position and P&L data, …
POSTED BY Jason Bauer ON March 30, 2018 IN Blog, E/CTRM
Large-scale mergers and acquisitions dominated the market in 2016, when midstream oil and gas companies sought to reduce operating costs and capture emerging market opportunities. More recently, the trend seems to be going in the opposite direction, and the focus is on much smaller greenfield infrastructure builds and new asset acquisitions. The Permian, Anadarko, and …
POSTED BY Jaydeep Shah ON March 28, 2018 IN Blog, E/CTRM, RightAngle
If your business is like many others, your personnel spend a great deal of time and effort ensuring that your inventory numbers are accurate. Inventory accuracy has far-ranging implications. In an integrated system, it allows traders to know their salable volume and what they need to purchase for future obligations. It also enables schedulers to …
