Risk driven deployment for curve generation, integration and analysis
Single centralised data repository
Cross commodity forward curve generation
End of day process support
Multi-national and diversified mining company that source, mine, process and transport materials including bulk commodities ranging from coal to base to precious metals.
“After an extensive selection process and Proof of Concept, DataGenic were selected on our strength of multi-award winning technology, deployment choices, extensive ready-to-use data content, strong domain expertise, forward curve management and global 24/7 support”.
Jim Paley, Sales Director, DataGenic
With a large portfolio of commodities and a global roll-out of a CTRM system (Triple Point), reliance on the fragmented Excel-centric solution for data management and calculation of forward curves proved to be inefficient and un-scalable. Local offices maintained separate versions of data without a homogenous view or “golden source”. They required a provider that could service them globally, whilst also responding to local business units and subsidiaries. Additionally, in line with their IT strategy, a key factor was the need for an outsourced centralised datahub, with a proven record of complex data management delivery and a deep expertise in forward curves.
To ensure the success of this investment, the solution needed to be:
Capable of direct API interfacing
Able to automate Curve Generation & EOD process
Secure and auditable
A DataGenic hosted and high availability (SaaS) based solution that ensures external handling of all their data management requirements including the automated creation and export for all their forward curves and related meta-data.
Low TCO from eliminating duplication collection, processing and data management.
Consistency, accuracy and traceability in everything that is processed and generated for input into the CTRM system.
Scale quickly from changing different business requirements using the fully managed DataGenic hosted solution.
CTRM interface ensuring robust, on-time, accurate curves and data.