A leading U.S. refiner sought to increase its asset-backed trading activity and mitigate risk. The client partnered with Opportune for a commercial benchmarking assessment to gain a deeper understanding of the necessary people, process, and technology capabilities. They were facing common challenges in their trading landscape, including disparate systems, system limitations hindering scalability, performance issues, and limited risk reporting capabilities. Opportune was uniquely positioned to help by leveraging its asset-backed trading and ETRM implementation experience from other Fortune 50 refiners, providing recommendations and invaluable lessons learned for a successful, large-scale implementation.
Opportune's key activities involved interviewing commercial stakeholders to refine goals and objectives and identifying the core people, process, technology, and data capabilities (like a strong risk function) required to achieve the stated business case. The team provided a peer benchmarking analysis and identified gaps within the commercial, risk, accounting, and credit organizations. This assessment allowed Opportune to outline a logical solution architecture that included ETRM, analytics, and optimization components. The outcome was an executive-level readout that laid the groundwork for a multi-year transformation.
When you choose Opportune, you gain access to seasoned professionals who not only listen to your needs, but who will work hand in hand with you to achieve established goals. With a sense of urgency and a can-do mindset, we focus on taking the steps necessary to create a higher impact and achieve maximum results for your organization.
