REFINING
Refining is more than an industrial process and the process does not start with trading. Refiners are challenged with acquiring the right crude at the right time to produce the right products. In the simplest form, refiner profits are directly tied to the difference between the price of crude oil and the prices of refined products, commonly referred to as the "crack spread".
Right Angle provides refiners with a facility to plan months ahead. Traders can manage purchases against a budgeted requirement and seamlessly coordinate with schedulers managing voyages or pipeline transportation. In fact, many of our customers use voyage viewer to schedule product movements visually across a Gantt chart vs. in detail table form which allows schedulers to view the flow of product through time thereby reducing operational disruption and increasing profit margins.
For the refiner that also has fuel marketing capability, SolArc Right Angle provides functionality known as Automatcher. Automatcher is a unique and unfair competitive advantage for users versus using a competing CTRM solution. This functionality is an automated process of matching orders to movement documents (tickets) in order to automatically create movement transactions which streamlines the standard flow of processing fuels that are purchased for the terminals thereby analyzing positions, prices and profit in realtime.
SolArc RightAngle Solutions for Refining:
Commodity Support:
"SolArc's ability to provide us with customized position reports supports trading decisions at every level from my individual traders all the way to top management and investors" -Vice President of Trading, Refining Organization
