The Vessel Group Completes Allegro Horizon Upgrade at PAR Pacific Holdings

HOUSTON (PRWEB) OCTOBER 29, 2018 The Vessel Group announces that their client, Par Pacific Holdings Inc., one of the largest mid-tier crude and refined products companies in the Americas, has successfully upgraded to Allegro Horizon. The Vessel Group serves functions as Par Pacific’s advisory and software implementation firm. The upgrade from Allegro 8, Par Pacific’s prior version of Commodity Trading and Risk Management (CTRM) software, provides instant gains on performance, doubling and tripling the speed of valuation, settlement, and other key processes. Horizon’s “designed-to-scale” and cloud capabilities ensure that Par Pacific can adapt to future business opportunities and take advantage of cost-saving technology options in the future. The Horizon upgrade also guarantees that Par Pacific instantly receives the latest Allegro updates and enhancements. As one of the largest mid-tier crude refined products companies in the Americas, Par Pacific owns, manages, and maintains interests in energy and infrastructure businesses. The company identifies, acquires and operates one of the largest energy infrastructure networks in Hawaii with a 94,000-bpd refinery, a logistics network supplying the major islands in the state, and 90 retail locations. Par Pacific also owns a refinery and associated logistics network in a niche market in Wyoming. Additionally, Par Pacific owns… continue reading

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Source: CTRM Center

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