A midstream transportation company managing a complex network of pipelines, storage facilities, and marine terminals required a robust system to connect upstream producers with downstream processors. Following a successful restructuring, the client faced a critical need to re-design risk reporting controls and processes to meet stringent post-bankruptcy creditor requirements and ensure continued operations.
The client sought a partner with deep technical accounting and energy trading expertise to modernize their NGL and crude oil businesses. Opportune was uniquely qualified to lead this digital transformation due to its proven methodology in deploying major trading platforms and its ability to simplify manual processes while enhancing systemic controls.
Opportune rapidly deployed a cross-functional team to design and implement the RightAngle Energy Trading and Risk Management (ETRM) system. Our professionals acted as both functional and technical leaders, creating a comprehensive process model for deal capture, scheduling, credit, and security.
To ensure a seamless integration, Opportune built custom functions and interfaces between RightAngle and existing infrastructure, including ticketing systems and third-party tax software. We prioritized the client-centric benefit of visibility by developing extensive custom reporting for sales, forecasting, and risk information. Furthermore, our team modeled and implemented specialized position and mark-to-market risk reports, which were essential for the client to satisfy periodic lender credit availability requirements and maintain their strategic growth trajectory.
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.