New Blog: Drive safe to #Sturgis!

Drive Safe to #Sturgis!

Prashant Shah (Aug 11, 2018)

 

 

The past weekend, I was fortunate to take a road trip from Denver to Yellowstone to Devil’s Tower to Mt. Rushmore. One common message I saw was “Drive Safe to Sturgis” and one common sight were the numerous bikers on the road. Not being into motorbikes and not knowing the history of the #SturgisRally, I could not understand the message. Spotty cell reception meant I could not search about Sturgis. If I had known before I planned my trip, I would have carved out an extra day to experience the Sturgis Rally.

 

 

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Webinar: Smart Commodity Management

Optimize Your Agriculture Supply Chain with Smart Commodity Management

 

Tuesday, July 22, 2014 | 11:00-11:45am EDT

 

Register Today >>

 

Is your outdated or spreadsheets-based system hindering you from more efficiently managing operations and growing your business?

Are you lacking visibility over inventory, in-transit positions and exposures across your business?


Do you need real-time information to make more profitable deal decisions and better manage risk?

Featured guest speaker John Schimelpfenig, Executive Principal, AXCELERUS will share insights from his 25+ year career in the global commodities markets, including 11 years with Deloitte’s CTRM practice and running his own successful consultancy for 15 years.

 

More details in our "Upcoming Events" section

What's new? Check out our latest blog: "Transforming Risk" at axcelerus.wordpress.com

 

Transforming Risk

 

June 20, 2014

Tags: Business, CTRM, Energy, ETRM, Oil & Gas, Risk Management, Trading, Uncategorized; AXCELERUS, Business Process, commodities, Commodity, CTRM, Derivatives, E/CTRM, Energy, ETRM, governance, Hedging, Information Technology (IT), Natural Gas, People, PMO, Prashant Shah, Price Curves, Reporting, Risk, risk analytics, Risk Management, Trading 

 

Recently we have had discussions with different clients on improving the risk function. While each approached the issue from their unique perspective, the underlying need relates to strategically transforming aspects of their risk function.

 

What were the challenges these clients were facing?

 

  1. “My CRO seems to be spending too much time chasing data rather than doing analysis and proving insights.”
  2. “Our counterparty proposed a modification to our plain-vanilla options. We are unsure how to value it.”
  3. “I have 4 analysts who are spending 1.5 to 2 hours each to generate my end-of-day P&L report. How do we improve the efficiency of the process?”
  4. “How do we improve the confidence in our energy/ commodity trading and risk management (E/CTRM) system generated risk measures?”

 

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Spotlight: Advisory Services

We offer a set of strategic services targeted at the management level:

  • Risk and Compliance advisory for the energy & commodity markets:
    • Risk Assessment
    • Risk Management Policies and Procedures
    • Risk Metrics, KPIs and Reporting
    • Quantitative Modeling
    • Dodd-Frank Compliance, including Trade Surveillance and Monitoring
  • Defining IT Strategy
    • Developing IT Roadmaps to  support Business Strategies
    • Defining a relevant ETRM EcoSystem TM
    • Application Rationalization (AppRat)
  • Merger & Acquisition services
    • Pre-M&A Due-Diligence
    • Post M&A Integration
  • Defining a Target Operating Model
  • Business Process Redesign

Webinar: Unlocking the potential of the CTRM-ERP relationship

Webinar Date: 27th February 2014 at 11:00 AM EST

 

Appropriately managing commodity risks can be a source of competitive advantage. Technologies continue to improve to help manage the increasing risks and volatility inherent in today’s global commodity markets and global distribution networks. Maximizing profits requires tighter, faster interaction across the organization, better risk and data analytics, and near real-time data availability; which is why leading commodity-based companies are updating, improving, and integrating their tools and systems to serve their procurement, logistics, trading, and hedging functions together.

 

This webinar will help you understand the differences, benefits and trends in Commodity Trading/Risk Management (CTRM) and Enterprise Resource Management (ERP) solutions and how these technologies can work together to make your organization a better commodity markets participant.

 

Discussion Points include:

  • Challenges and risks in today’s commodity value chain
  • The differences between CTRM and ERP
  • Leading practices in leveraging CTRM and ERP functionality to maximize their potential in managing commodity risks

For more details, including viewing a recording of the event, see the "UPCOMING EVENTS" page.

What's new? Check out our latest blogs: axcelerus.wordpress.com

The Case for Independent Verification and Validation (IV&V)

 

January 8, 2014; Tags: AXCELERUS, Business, CTRM, Energy, ETRM, Oil & Gas, Risk Management, Trading, Commodity, CTRM, E/CTRM, Energy, ETRM, governance, Information Technology (IT), IV&V, PMO, progress, projects, Risk, Trading, Validation, Verification.

 

The concept of Independent Verification and Validation (IV&V) is not new and is generally understood as part of any significant IT projects. Many firms employ it, especially in mission critical projects. In addition, the service is commonly used when things are going, let’s say, south. However, in the Energy/Commodity Trading and Risk Management (E/CTRM) industry, IV&V is few and far between when it comes to E/CTRM implementation, upgrades and system integrations.

 

Why is it so?

 

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Happy Holidays from AXCELERUS team. Wishing you happiness, prosperity and peace this holiday season and throughout the coming year.

Fresh off the Press: Check this out! Our article in the Oil & Gas Financial Journal (Oct 2013).

Check out this article in the Oil & Gas Financial Journal (Oct 2013 issue)


Bringing Strategy Back

 

http://www.ogfj.com/articles/print/volume-10/issue-10/features/special-focus-etrm/bringing-strategy-back.html

 

 

Summary:

 

Customization can increase implementation costs while offering limited competitive advantage to the user.

 

.... It appears with the increase in the apparent maturity of ETRM systems, the degree of customizations have also increased. And it is an area where focus has been limited. The reason is not that business and information technology managers are unconcerned about customizations – in fact, they are very concerned – but they often neglect one key area of focus – competitive advantage.

What's new? Check out our latest blogs: axcelerus.wordpress.com

Navigating the E/CTRM EcoSystemTM

 

When was the last time you thought of an ecosystem? Specifically, an energy/ commodity transacting and risk management (E/CTRM) EcoSystemTM?

 

 

Usually, for most business and information technology (IT) personnel involved with E/CTRM, the thought of E/CTRM as part of a broader ecosystemis an after-thought. Their focus may primarily be on implementing an E/CTRM solution for a specific business need. This siloed approach often ignores the wider organizational E/CTRM EcoSystemTM. The result can be a complex, sometimes redundant web of IT systems.....

 

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Shale Gas Conundrum – Low Natural Gas Prices!

 

 

Feb 25, 2003: 18.48; Dec 15, 2005: 15.39; June 19, 2008: 13.09; Aug 17, 2012: 2.7; July 2, 2013: 3.58

 

Good News: Natural Gas Prices are low!

Bad News: Natural Gas Prices are low!

 

Confused? You’re not alone; there are enormous, opposing, marketplace agendas at stake on both sides of the current and forecasted US gas price situation. While the industry may tout the benefits of low natural gas prices to the consumers and other stakeholders, they are also worried about the long term impacts of low natural gas prices which has already started to turn away investors and depress normal cycles of exploration and production. Go to any natural gas industry conference and the talk is largely about “unsustainable” low natural gas prices and need to increase demand and thereby prices. Looking back 5 years ago when gas prices spiked at above $12 and now with sub-$4 prices, how the times have changed!

 

More at www.axcelerus.wordpress.com

 

Want to know more about our business and the services we offer? Get detailed information here. Learn more about us and meet our dedicated staff members. We're looking forward to serving you!

Contact Us

PITTSBURGH, PA (HQ)

2647 Rossmoor Drive

Pittsburgh, PA  15241

 

Phone:  +1 (412) 330-1610

 

NEW YORK, NY (Sales Office)

54 West 40th Street

New York, NY  10018


Phone: +1 (646) 430-8710

 

Gereral Inbox/Inquiries to:

   info@axcelerus.com

 

If you're planning to visit us in NYC,  we are using WeWork shared space, at Bryant Park (40th Street between 5/6 Aves)

 

Please give yourself an additional 10 minutes to sign in with security downstairs, and you will need photo ID.

 

Nearest Subway Stop:

6th Ave/42nd Street

 

Parking:

There's no good story about parking where we are in midtown Manhattan.

 



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