Supply and Trading
Supply & Trading maintains the vital link between the upstream and downstream functions. Energy is relatively a new commodity in trading when compared to financials, agro-products and base and precious metals. Trading in energy is largely driven by geo-political, regulatory and weather related factors. Over the last five years an increased economic activity across the globe and especially that in the emerging markets along with the geo-political scenarios led to an unprecedented speculation and a supply & demand imbalance, resulting in high and volatile energy prices. Therefore, organizations dealing in commodities such as Oil & Gas are embracing the technological advancements by revamping and or replacing their legacy systems with best of the bread trading and risk management systems.

Today the Energy markets have been well integrated with their financial counterparts thanks to increased consumption and trading activity. Technological changes and improvement across the Energy markets are fast catching up to - handle volumes, streamline processes and manage data to make it more meaningful and productive.

Trading is challenging, and not only in terms of being able to think on one's feet, interpreting complex and conflicting information and understanding financial instruments, but most countries have different specifications, which in turn vary between seasons, and the right quality has to go to the right port, in the right sized ship and on the right day. This certainly adds complexity to the picture, but it also adds opportunity and in order to maximize value for the trading organization, Wipro enables an organization to integrate front-mid and back offices to fully understand the environment around and to make sure the teams are seamlessly connected to each other both at the organizational level and with the markets.

We have a dedicated group of highly skilled industry professionals and solution specialists catering to solutions across Energy Trading & Risk Management, Supply & Logistics, which include areas like shipping and pipelines.

Key Focus Areas

• Seamless integration of front-mid-and back office
• Workflow management
• Rules engine
• Automated events and messages management
• Risk management and analytics
• Reference data management in the energy trading and risk management space
• Customization and systems integration across the trading organization
• Energy trading business process re-engineering and management
• Contract management solutions
• Marine assurance
• Global cargo tracking