POSTED BY capSpire ON March 23, 2021 IN Blog, E/CTRM
Recently, a client of ours that had transitioned a CTRM system to cloud-based hosting noticed some troubling issues related to performance speed and inconsistent monthly subscription fees that caught leadership by surprise. Company stakeholders were mystified by the system’s slowness and unsure of why costs weren’t being managed well. They asked capSpire to investigate. As …
POSTED BY capSpire ON June 23, 2020 IN Blog, E/CTRM, Featured
The energy and commodity industry isn’t static. After all, markets are dynamic. Regulations are continually updated. Businesses grow and evolve. Software vendors release new versions and patches. In response, support services for commodity trading and risk management systems need to be agile as well. Companies want to be sure they’re getting the best operations support …
POSTED BY capSpire ON June 9, 2020 IN Blog, E/CTRM, Featured
In my more than 20 years of providing CTRM operations support, I’ve found trust to be the number-one factor that makes or breaks a client partnership. In many cases, trust simply isn’t there because a relationship ceases to exist, period. Often, a support person is merely a distant voice on the phone. A company’s team …
POSTED BY capSpire ON May 25, 2020 IN Blog, E/CTRM, Featured
Many companies working with a commodity trading and risk management (CTRM) operations support partner find themselves wondering: How can I trust this support team to deliver what they say they’re going to do? How are they arriving at their recommendations, and how do I know whether these are the right solutions for my needs? How …
POSTED BY capSpire ON September 4, 2019 IN Blog, E/CTRM, News, Press Release
capSpire, a global consulting and solutions company serving the commodity industry, has elevated Larry Loocke and Rusty Robeson to the role of Partner. In this prominent leadership role, Larry and Rusty will oversee commodity trading and risk management (CTRM) at capSpire, which involves defining strategic initiatives within this space and managing teams of specialists. Both …
POSTED BY capSpire ON August 30, 2019 IN Blog, E/CTRM, Events, Featured Resource, News
At capSpire, we’re continually striving to bring more value to our clients. That’s why we’ve started hosting intimate capSpire roundtable meetings for our clients in the commodities industry who have a shared interest in current and future digital technologies. These events will occur periodically throughout the year and in varying locations. The first meeting took …
POSTED BY capSpire ON August 29, 2019 IN Allegro, Blog, E/CTRM, Events, Featured Resource, News
It’s one of the only events in the commodity trading and risk management (CTRM) space in which users are given the opportunity to steer product development—and capSpire will be right there in the action. Held annually, the Allegro User Group (AUG) Meeting gathers Allegro customers representing some of the world’s most prestigious companies together in …
POSTED BY Thomas Hunt ON August 19, 2019 IN Blog, Digital Transformation, E/CTRM, Featured Resource, Optimization
It’s one of the most common challenges in the oilfield: inefficient transportation of trucks that carry crude oil, sand, and produced water to and from the wellsite. Not only are these transportation costs high, but on average these trucks travel empty 50% of the time. It all adds up to a price that can significantly …
POSTED BY capSpire ON August 13, 2019 IN Blog, E/CTRM
By now, everyone should be aware of the impending wide-scale changes to the Australian electricity market. The move from 30 to 5-minute settlement is arguably the most significant change the market has seen since the National Electricity Market (NEM) was formed in the ’90s, and the impacts for all those in the sector are just …
POSTED BY Thomas Hunt ON August 13, 2019 IN Analytics, Blog, Digital Transformation, E/CTRM
In the first post of this series about crude oil load rejections, we discussed the extent of the problem, its estimated cost to producers and first purchasers, and how rejections can be predicted. These were the highlights: In our sample, first purchasers rejected 2.6% of crude oil loads because of high BS&W. The cost of …
