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 upon extensive experience in the crude and refined-products industries, capSpire provided impartial, industry-leading guidance to Mocoh throughout the process of selecting a CTRM system:
- Identifying, evaluating, and prioritizing current and future business processes and requirements
- Analyzing numerous vendors that provide CTRM solutions for industries served by Mocoh, and offered deep insight into value and risk mitigation
- Aligning Mocoh’s technology adoption to its strategic direction
- Assessing key workflow changes for minimal disruption and maximum value
“At Mocoh, we have substantially and successfully expanded our business in recent years. We sought a partner with a full understanding of our industry and trading environment, and proven functional and technical knowledge of CTRM systems. Based on these criteria, capSpire was the obvious choice,” says Michael Hacking, Chief Executive Officer of Mocoh. “We’re excited about the journey ahead and are confident that capSpire has accomplished the first step in achieving a CTRM program that will enable our company’s continued growth.”
To learn more about capSpire’s advisory services, please visit www.capspire.com/advisory-services/.
“As specialists in helping clients to leverage the right technology to make their businesses operate more efficiently as they expand, as well as the go-to CTRM experts, we were pleased to have guided Mocoh through this evaluation within a short timeline, using our proven, lean process designed to maximize value and minimize risk,” says Amrik Sembi, Vice President at capSpire.
capSpire, a global consulting and solutions company with a focus on energy and commodities, provides the unique combination of industry knowledge and business expertise required to deliver impactful business strategies and solutions. Trusted by some of the world’s leading companies, capSpire’s team of industry experts and senior advisors enables clients to effectively streamline business processes and attain maximum value from their supporting IT infrastructure. For more information, please visit www.capspire.com.
Founded in 1998 and based in Geneva, Switzerland, Mocoh supplies crude oil and refined products to consumers around the world. Historically, Africa has been the company’s central focus, as evidenced by its unrivaled expertise and wide network of relationships across the continent. Today, Mocoh’s operations also span to Europe, the Americas, and Asia. In each of the markets in which it operates, Mocoh combines the agility of a local specialist—understanding the complexities, practices, cultures, and supply-and-demand factors of each area—with the reach and connectivity of a global enterprise. For more information, please visit www.mocoh.com.