Crude & refined trading
BEST-IN-CLASS INTEGRATED TRADING & RISK MANAGEMENT SYSTEM
Harnessing the deep knowledge and expertise of the oil trading industry
Empowering Your Business With a Next-Generation Solution
Techoil is a cloud-based combined system of ETRM and ERP built for crude and refined products trading industry, to provide ‘one version of truth’ for traders, marketers, risk managers, operations, finance personnel and to all key stakeholders of the organisation. With Techoil, you can
Access live P&L and Real-Time Exposure anytime, anywhere
Automate End of Day and settlements
Powerful analytics provide key business insights
Techoil automates and easily manages various functionalities using a modern, integrated workflow. This translates to seamless operations, reduced errors, and effective utilization of time and resources!
Energy Trading—An Uncertain Landscape
We understand the challenges you face in a volatile market with fluctuating prices, regulatory compliance, evolving environmental policies, and increasing operational costs.
To help you succeed, we have leveraged the best practices from one of the world’s most successful oil trading houses to develop Techoil.
Techoil helps you gain complete visibility and control over your business in real-time including
- What is your daily physical exposure and PnL?
- How do you reconcile your bill of lading (BOL) report?
- What is your overall Inventory position?
- What is your expected cash flow for the week?
We will help you find these answers and many more without the need for manually coordinating information across different departments or systems!
Maximising the Opportunity
If you are in the crude and refined oil trading market, it is critical to know real-time exposure.
With complete real-time end-to-end automation, Techoil gives you control and visibility for making rapid decisions. It helps you streamline hedging, trading, risk management, credit, inventory, and cash flows and ensures leaner operations by handling different oil products, supply chains, and cost structures across geographies.
Want to access your real-time P&L and exposure anytime, anywhere?
Want to know how you can integrate Techoil to accelerate your business growth?
What Makes Techoil Stand Out
A specialised solution for the oil trading business
Complete front, mid, and back-office automation and support
True cloud-based solution with NO recurring implementation cost
Best-in-class tools for advanced risk analytics, real-time position, risk reduction, margin optimisation, hedge effectiveness, stress testing and more
Seamless integration with external systems and data feeds for smooth operations
Robust customer service and support based on the priority of support requests
One Solution for Your Entire Business
Techoil is an industry-specialized, failure-proof solution that requires zero intervention from your side whilst delivering the desired output.
This is how Techoil is transforming businesses!
The ONLY complete front, mid and back-office solution
Process purchases and sales straight through to invoicing. In fact, Techoil is truly ERP agnostic—even if you want to retain your current ERP, it can integrate with any system available on the market.
One version of the truth
Get a consolidated view of your business, real-time position management, and intra-day profit and loss statements. Ensure a single data entry point and end-to-end process flow following easy integration with external data feeds and pricing systems. Moreover, gain complete visibility and control of physical and paper trade PnL.
Inventory management
Manage inventory effectively through various costing methodologies such as Moving Average and FIFO (first-in, first-out).
Emissions credit instruments trading
Achieve your decarbonisation goals with an extensive solution for credit instruments trading worldwide including
~ USA: RIN, LCFS, Cap &Trade
~ EU: ETS-FAME & UCOME
~ UK: RTFC
Risk management
Access real-time position management and trade complex options. Ensure regulatory compliance and minimise risk with in-built checkpoints and best practices. Utilise advanced analytical tools including what-if scenarios, portfolio analysis, and value at risk (VaR) models to hedge against downside P&L risk and protect profits.
Physical operations planning and logistics
Handle multiple modes of transportation including vessel, pipeline, barge, rail, car and truck. Additionally, get complete support for your physical products.
What Our Customers Are Saying
Automate your tasks with Techoil and utilise your time on the growth drivers!
Press Release
OIL TRADER EMAD ENERGY CHOOSES INATECH’S TECHOIL TO INTEGRATE ITS WORLDWIDE OPERATIONS
Emad Energy has chosen Inatech’s Techoil oil commodity management solution to help it expand into new markets and scale up its operations.
INATECH GROWS AND SEEKS TO DIVERSIFY VIA PRODUCT INVESTMENT AND ALLIANCES
Inatech grew at around 25% in 2021 yet its CEO, Jean Hervé Jenn, described the year as ‘disappointing” by comparison to 2020 when I spoke with him recently.
ATLAS OIL TURNS TO INATECH’S TECHOIL TO SUPPORT ITS GROWTH STRATEGY
Atlas Oil Company, which is part of Simon Group Holdings and a leading nationwide fuel distribution and supply management company in the US
Frequently Asked Questions
Energy trading and risk management or ETRM software is primarily a category of software applications, architectures, and tools that help in supporting the business processes in commodity trading in the energy market. Used by oil traders, suppliers, distributors and wholesalers, ETRMs help companies assess market information to make data-driven decisions and maximise margins.
Many oil traders, suppliers, distributors and wholesalers still run their commodity trading businesses using manual processes, spreadsheets or outdated legacy systems. ETRM software enables operators to automate these outdated processes. This saves money and improves the efficiency of operations by streamlining trading, hedging, credit, cash flow, operations and inventory.
ETRM software also assists in managing risk and operating complex integrated supply chains for energy commodities. It handles complex interfaces effortlessly and manages all front, middle and back-office needs, making it a cost-effective option for oil trading companies.
ETRM stands for Energy Tradeing and Risk Management and CTRM stands for Commodity Trading and Risk Management. These terms are used to describe a set of software that is utilised in commodity trading and risk management. ETRM is actually a subset of CTRM software.
ETRM solutions include many functionalities to address the key aspects of energy or commodity trading and risk management activities such as
- Trade and operations to cover everything from energy trading, contract management and operations to credit control and delivery.
- Hedging and risk management so you can hedge, monitor, forecast and report.
- Inventory management and reconciliation for a complete view of your inventory right across the supply chain.
- Financial accounting to enable planning, control, compliance and auditing.
- Reporting to give you a complete view of your business performance).
- Integration to make sure you can integrate with third-party applications
By implementing ETRM software companies can
- Manage market, operational, credit and counterparty risk more effectively.
- Control operational complexity and directly impact profitability.
- Access a consolidated view of the business. This simplifies informed decision making.
- Improve profitability through trade economics, accurate pricing formulas and MTM.
- Save time so you can focus on your business by streamlining operations to drive greater efficiencies throughout your business workflow.
- Reconcile trades in real-time.
- Have a solution that works across everything from trading to invoicing.
- Drastically reduce errors from manual or double entry through automation.
Yes! Techoil provides and integrates the company’s front, middle and back-office operations. It also provides a scalable platform for effective risk management and increases efficiency within the company’s oil trading business.
Our strong and experienced project team can remotely and seamlessly implement true cloud-based ETRM within two weeks.
Yes, it has a natively integrated ERP that makes our ETRM an end-to-end solution! This feature gives you control over real-time position management and intra-day profit and loss statements.