Join Gen10 at ETOT 2019
Gen10 are happy to announce that we will once again be sponsoring ETOT. This year marks the 11th annual Energy Trading Operations and Technology Conference in London on 10-11 October.
[...]Gen10 are happy to announce that we will once again be sponsoring ETOT. This year marks the 11th annual Energy Trading Operations and Technology Conference in London on 10-11 October.
[...]The concept of identifying and delivering cumulative marginal gains as a winning strategy in sport was popularised by the Sky Cycling Team, under the management of Sir Dave Brailsford. The exceptional and sustained success of both Sky in the Tour de France / Grand Tours and Team GB Cycling in recent Olympics was built upon delivering small marginal gains in every aspect of a cyclist’s performance and the equipment used to deliver it. It is the sum of these marginal gains that provides the winning edge rather than any single “silver bullet” improvement in one factor.
[...]In the fast-moving world of metals and concentrates trading, faster operations turn-around time translates into a higher stock turnover and ultimately greater profitability. Whilst many commodity businesses are investing in the technology to make marginal gains in each trade, operations processes are often hampered by inefficient, offline processes that require a lot of manual effort and repeated re-typing of information.
[...]With the complexity of the oil industry and the myriad software systems which underpin it, software upgrades, integrations and replacements have traditionally been characterised as a painful, slow and expensive process and it is no wonder that it has been avoided or postponed if at all possible.
[...]Reducing operational risk, improving reporting & compliance and bringing operating costs down are some of the most important challenges faced by organisations across the biomass-to-bioenergy supply chain.
[...]A modern commodity management system not only helps ensure each trade is correct and the associated instructions are accurate. It also distributes data across the company so that everyone has real-time access to the latest information and knows when it’s time for their area of responsibility and expertise to step in.
[...]The art of commodity trading requires both skill and expertise to manage a wide range of exposures and then adapt to changing market conditions whilst employing an overall strategy for success. Position visibility is a crucial ingredient in this success. Each additional piece of information available to you in the moment provides additional optionality, and it is this optionality that allows you to innovate and succeed. At Gen10, we help you visualise positions like never before so that you can be creative and innovative in your trading.
[...]Sustainability is one of the main challenges faced across the biomass supply chain. Savvy consumer demand and political influence impact on this sector more than possibly any other commodity, and a breakdown in traceability can mean both reputational damage and the withdrawal of critical subsidies. Due to the serious nature of these traceability risks, meeting sustainability reporting requirements can be one of the more onerous tasks facing stakeholders in the biomass supply chain.
[...]Every commodity business is different depending on your supply chain position, commodity and internal processes. Gen10 understand how important it is to support these differences in our technology, and we have developed our entire approach to ensure any Gen10 apps you implement have the flexibility to work with the realities of your day-to-day activities.
[...]Organisations using legacy CTRM and ETRM technology are often missing out on a wide range of business opportunities due to a lack of agility and poorer data visibility than their competitors. As margins continue to decrease, creating faster trade cycles and generating more value from every trade are more important than ever, and it is the organisations undergoing digital transformation that stand to create this value.
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