by Inatech | Aug 29, 2019 | Blog, Oil Trading
The ETRM market is undergoing major changes. We are seeing some of the larger players acquiring independent operators with the aim of gaining market share and creating a market monopoly. This consolidation is disruptive to both employees of the organisations involved... 
by Inatech | Aug 29, 2019 | Blog, Oil Trading
In our last blog ‘ETRM market consolidation – a hindrance or opportunity?’ we talked about the current state of the ETRM market. For many, market consolidation means limited product choice. Yet with the emergence of cloud technologies and new entrants, companies... 
by Inatech | Feb 22, 2019 | Blog, Bunkering, Marine, Oil Trading
As the industry starts to get used to working in a post IMO 2020 world, operators are facing up to the fact that they now need to deal with the additional costs of compliance. S&P Global Platts Analytics estimated that complying with the IMO’s cap would add $60... 
by Inatech | Jul 17, 2018 | Blog, Bunkering, Oil Trading
Techoil ETRM – Delivering business change. In today’s marketplace it is essential to react immediately to changing business conditions. However when current systems make that impossible the business suffers. That was the situation faced by one of our clients, a... 
by Inatech | Jul 17, 2018 | Blog, Bunkering, Oil Trading
From manual processes to automation. This Saudi-based oil trading company was still recording its trades manually via spreadsheet. This meant the company couldn’t: • Accurately monitor trading procedures or assess the profit and loss of every trade. • React quickly to... 
by Inatech | Apr 2, 2017 | Blog, Oil Trading
Surprisingly it is still common practice across our industry for physical oil traders to use spreadsheets to manage multi-million dollar trades, even though the risks of losing data or corrupt files could have serious implications to your business. There’s no doubt... 