Extending Credit Functionalities in Traditional CTRM
TRANSFORMING ENERGY WITH DIGITAL STRATEGIES There’s No Such Thing as “Standard” Risk Management in Commodities All traditional CTRM softwares come equipped with credit risk management modules that give commodity- and energy-trading organizations basic, credit functionalities. They all work pretty much the same way. Standard functionality allows users to monitor and manage counterparty contracts and set […]
Diversified Energy Company Upgrades Successfully in 3 Months
Rapid CTRM Success Story Operational Enhancement A diversified energy company based in New York needed to upgrade its CTRM, but had no experience with major technical software upgrades in the past to help streamline processes or enable faster system performance. After encountering barriers and challenges during the process, they turned to Value Creed for technical […]
The Importance of Developing an Effective Database Management Program
OPTIMIZE DATA MANAGEMENT STRATEGY Optimizing CTRM Data Management CTRM applications accumulate and produce an enormous amount of data. Up to 73 percent of a company’s data is rarely accessed or completely inactive, but remains in a production database where it eats up expensive storage, backup and computing resources. Dormant data also drives up infrastructure costs. It turns […]
A Global Natural Gas Leader Leverages CTRM Expertise On Demand To Break Their Business Process Bottleneck
Streamlining Report Migration Success Performance Challenge A global leader in natural gas located in Houston, Texas, develops, owns, and operates facilities that convert natural gas to methanol. The company’s existing CTRM configuration lacked integration with other essential business processes needed for transaction reconciliation. To address this, the company implemented various service extensions and modules for […]
