RightAngle is a specialized oil trading CTRM platform supporting end-to-end workflows from deal capture to risk reporting, logistics, settlements, and accounting. However, managing EOD reports, patches, and daytime performance can strain internal IT resources. With Value Creed as your partner, teams can focus on strategic initiatives, not mundane tasks.
Value Creed’s proven upgrade process ensures a successful RightAngle is defined with specific goals for the upgrade, followed by extensive remediation and user testing for a successful and timely go-live. Choose our 100% dedicated team focused only on delivering successful RightAngle upgrades or new implementations. Here are three ways our approach ensures your CTRM upgrade or new implementation is a success:
Our technical support, guidance, and vendor relations lend invaluable assistance to companies upgrading to the latest RightAngle release. Our experts can train users and customize configurations while relieving limited in-house IT staff of these duties so they can perform higher-leverage tasks.
CIOs must adapt to the modern workplace demand for increased efficiency. With deals being negotiated, transactions commencing, and deliveries being made around the clock, there just are not enough hours in the day to keep RightAngle operating at peak efficiency using only full-time staff. Value Creed supplies these resources where and when you need them, and you pay only when you take advantage of them, when you know they will deliver maximum return on your investment with high-value services:
Value Creed has developed and implemented multiple solutions leveraging streamlined processes to close gaps and accelerate month-end and reconciliation bottlenecks experienced by back-, front- and middle office RightAngle users.
RightAngle has a Mark-to-Market report, however if trade data issues or system glitches occur, the PnL may be incorrect. This is critical since this inaccuracy will cause Realized/Unrealized PnL reports to be incorrect.
Value Creed implements scenario-based custom reports to identify Trades and PnL incongruencies. This approach accelerates the path to identifying the root cause and offers suggested resolutions.
RightAngle has a wide variety of inventory reports illustrating data updates for transfers, rundown, change, balance and transactions. With out-of-box reports, data is often aggregated and difficult to segregate leading to errors and complexity.
Value Creed’s team crafts customizable reports so you have the flexibility you need to design custom reports and dashboards. Now you can make forecasts more accurate, track volumes across multiple locations, visualize actual and historical volumes over time, and more.
Trade entry in RightAngle is complex and often requires significant manual data entry to maintain and update regularly. This fact puts analysts at risk of capturing incorrect details leading to incorrect PnL positions.
RightAngle trade entry is easily simplified with Value Creed’s web based templates. Streamlined data entry feeding into well managed analytics tools reduce the margin for error and speed up repetitive tasks. The trade templates can be quickly configured to create trades automatically. Also, document movement can be simplified using Value Creed’s auto matcher tools.
RightAngle’s inventory module’s complexity is largely due to presentation of key data points in multiple reports and screens. This results in inaccurate and time consuming data reconciliation for month end. Terminal data is equally difficult to reconcile, leading many accounting teams to rely on spreadsheets or third-party tools.
Value Creed solves these gaps by customizing calculations using real-time inventory in the system across multiple reports including: Search Inventory Balance, Search Inventory Change, Inventory Transactions, etc. Value Creed also uses this approach to enable smoother data reconciliation between RightAngle and other systems for faster, more accurate month-end reporting.
Whether end-of-day, end-of-month, or end-of-quarter, closing and reconciling accounts and generating aggregate reports can stress even the ablest and well-staffed organizations. Value Creed’s business process outsourcing service (BPO) multiplies your bandwidth and RightAngle functionality to streamline the creation of end-of-period reports, summaries, positions, and schedules to ease forecasting and next-period strategy.
Value Creed builds and maintains cross-functional relationships that improve the speed and quality of data interfaces, testing, and iteration through a variety of workflows:
Value Creed’s robotic process automation erases human errors associated with fatigue, boredom, and manual data entry. CTRM firms can make faster decisions because data gets recorded and calculated instantly into pricing, leasing, volume, reconciliation, and validation workflows.
• Update commodity pricing
• Update lease terms
• Highlight optimal hedging opportunities
• Upload logistics tickets
• Data reconciliation between RightAngle and terminal data
• Validate counterparty statements
• Reconciling actualization and payment
Explore our suite of solutions designed to empower your trading and risk management functions. Partner with us for a transformative CTRM experience that drives success in today’s ever-evolving markets.
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Get In Touch
By calling or texting this number (833) 282-7333, Customers agree to receive text messages. If you no longer wish to receive text messages,
you may opt out at any time by replying “STOP.”