Independence Resources Management Chooses InstaNext for Crude Oil and Natural Gas Hedging
With the implementation of the new system, IRM will be able to gain deeper insights into making decisions around price risk.
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.
Range’s requirements for an independent mark to market and financial reporting around ASC 820 and the like, made InstaNext a natural transition from their legacy system.
Empire District will use InstaNext to manage their natural gas positions, P&L and accounting of their derivative trades.
Bonavista was impressed with InstaNext’s ability to manage commodities from across the energy sector while providing full risk management and analytic capabilities.
The flexibility of the InstaNext solution to handle multiple commodity classes with ease made it a natural choice for NB Power.
Kinder Morgan will be using the InstaNext platform to track and audit information on events occurring within the thousands of miles of pipelines that they manage.