Inatech, the energy trading risk management (ETRM) systems provider owned by Glencore, today announces a joint venture with Microsoft Dynamics partner Calsoft Systems to support the oil trading industry in the US as it transforms from an import to an export market. Inatech, which provides intelligent cloud-based ETRM and fuel management software to the physical oil trading and marine industries, expanded its global operation with a new office in Houston, Texas, last year and secured its first US contract, with Petro-Diamond Inc. (PDI), the Californian oil-trading firm owned by Mitsubishi Corp. Inatech is working with Calsoft to re-engineer and digitalize PDI’s entire gasoline supply chain from its 600,000-barrel terminal in the Port of Long Beach, California. The two companies have now agreed to extend their collaboration to other projects. “We were very impressed with the way Calsoft helped us to create a seamless back office system that fuses the best of Microsoft Dynamics with our own full chain of systems to support business processes from trading to transportation and delivery of oil,” said Jean-Hervé Jenn, Inatech CEO. “The combined product is truly a game changer in our market.” Calsoft, with offices in Los Angeles, New York, Chicago, Tokyo and Nanning… continue reading
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Source: CTRM Center