capSpire Discovers How Machine Learning Can Save Millions By Predicting Crude-Hauler Rejects

POSTED BY Thomas Hunt ON April 29, 2019 IN Analytics, Blog, Optimization

First purchasers of crude oil often use tanker trucks to transport crude oil from tanks on well sites (leases) and deliver crude to pipeline injection points (stations). First purchasers may own their own trucks, use third-party haulers, or both. As the first interface between the producer and end users, first purchasers need to test crude …

Risk Analytics Solution for a Refined-Products Marketer

POSTED BY Emily Fixter ON February 27, 2019 IN Allegro, Analytics, Blog, E/CTRM

capSpire Resolved Client’s Enterprise-wide Reporting Problems with Risk Analytics A refined-products company’s supply and distribution arm is responsible for purchasing wholesale fuel and transporting the product to the company’s gas stations and other third parties throughout the U.S. by rail, pipeline, truck, barge, and vessel. Despite the rapid growth of the company, personnel within the …

Cloud-Based Enterprise Information Repository and Analytics Solution Redefined How a RightAngle User Derives Insights

POSTED BY Divvayya Kakarla ON January 17, 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, …

5 Questions CTRM Analytics Answer: Part 4

POSTED BY Scott Creed ON November 23, 2018 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 …

Customer-Data Management for Top Direct-Selling Energy Company

POSTED BY Emily Fixter ON November 9, 2018 IN Analytics, Case Study, Digital Transformation, E/CTRM

Centralized Data Mart Decreases Data-Quality Issue Resolution Time by 85% The client is one of the largest direct sellers of energy, as well as wireless and home security services, to consumers in the global energy market. Under its business model, existing customers act as salespeople to encourage new customers to sign up and are paid …

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

POSTED BY Trent Amos ON May 31, 2018 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 …

5 Questions CTRM Analytics Answer: Part 3

POSTED BY Scott Creed ON April 23, 2018 IN Analytics, Blog, Digital Transformation, E/CTRM

In our last few articles, we’ve discussed question 1 and question 2 that commodity trading and risk management (CTRM) analytics answer. Question 3: How is my portfolio exposed to shifting market prices? Of course, companies using CTRM platforms want to make sure that their trades are profitable. But how do you see where changes in …

Second Question Answered By CTRM Analytics: When and Where Do I Need to Move Product?

POSTED BY Scott Creed ON April 10, 2018 IN Analytics, Blog, E/CTRM

In our last article, we discussed question 1 what commodity-trading-and-risk-management (CTRM) analytics answer. Question 2: When and where do I need to move product? CTRM systems essentially manage trading contracts and the associated data. You agree to buy or sell a product at a particular price, from a specified location, and in a certain timeframe. …

capSpire Appoints Paul Norris as Managing Director, Analytics in Europe

POSTED BY Trent Amos ON February 6, 2018 IN Analytics, Blog, News, Press Release

capSpire has expanded its European presence with the addition of Paul Norris as Managing Director, Analytics. In this role, Paul will spearhead the expansion of capSpire’s analytics practice in Europe, and will set and execute this strategy for European clients. Paul is based in Cork, Ireland. “I’m delighted to welcome Paul to the senior-management team …

First Question Answered By CTRM Analytics: Where Am I Making Money?

POSTED BY Scott Creed ON November 15, 2017 IN Analytics, Blog, Digital Transformation, E/CTRM

Commodity trading and risk management (CTRM) systems are data rich but information poor. They do a great job of capturing detail and ensuring transactional fidelity—meaning that you have clean, accurate data that can be used across the lifecycle of each transaction, including accounting, settlements, invoicing, and payables. However, it can be difficult to obtain meaningful …

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