The implementation was completed in a record 5 weeks and will enable the energy company to consolidate all of their physical and financial trades in one CTRM solution.

The E&P company will now be able to use the newly licensed InstaNext platform for independent mark-to-market utilizing the market data available within the system.

The energy company required a system that could help reduce the numerous spreadsheets used to mark to market, reconcile, and settle trades, in addition to providing the necessary coverage and risk analysis.

Since the previous release, the system has grown significantly and matured into a leader in the commodity management space.

Prior to licensing InstaNext, the power company was struggling to compile the necessary reports using excel spreadsheets and manual processes.

Hawkwood will be able to use the InstaNext platform to manage its growth and track it’s hedging limits in an organized and compliant manner.

Signing Painted Pony is a tremendous endorsement of the InstaNext technology in a demanding and complex marketplace in Calgary.

Canadian E&P’s that hedge in USD are also exposed to currency rates, which the InstaNext product captures eloquently.

Along with the ease of daily operation, Newfield was extremely impressed with InstaNext’s US GAAP reporting and regulatory disclosures capabilities.

Mountaineer Keystone chose InstaNext over other ETRM solutions on the market because of the platform’s full risk management and reporting suite.

With the implementation of the new system, IRM will be able to gain deeper insights into making decisions around price risk.

The software now provides even more value to its user base of clients ranging from various upstream oil and gas businesses to some of the leading U.S. food suppliers and consumer goods manufacturers.