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|OilPF Customer Testimonial: "I wish we had put OilPF in place before our attempts to manage our hedge program with a spreadsheet!"|
|We provide gasoline and diesel to several hundred independent dealers throughout New England. Recently we launched a pilot advance-purchase program, and protecting our cash flows for this endeavor included hedging with many daily NYMEX transactions - holding tens of financial futures positions at a time. 9Ware has helped us with data analysis and reporting for a couple years, so we turned to their OilPF service for help in managing our hedge data. OilPF's broker statement parsing gave us fast access to usable data, replacing our need to manually enter position data from the broker's pdf statement. This, along with OilPF's ability to easily upload our operations data, gave us the complete current picture we were looking for to effectively manage our hedge program. I wish we had put OilPF in place before our attempts to manage our hedge program with a spreadsheet!|
|-- Stan McMullen, Mutual Oil Controller, Brockton, MA|
|We're Energy People, Not Brokers|
Don Grage, a principal of our parent company 9Ware, is the visionary and lead architect behind OilPF. He has also served as the head of the Risk Management (Hedging) committee for a large mid-Atlantic
petroleum distributor for years. OilPF was born out of the desire to help manage this and other hedge programs with a far more effective tool set than the spreadsheet approach used by
most people. Finding nothing even close to meeting these needs and having the technology skills in-house, we built our own technology tools. We'd love to show you these tools, and how, along with our
hedge program support services, they could enhance your own program.
Some additional tasks we have performed in support of fuel operations and hedge management programs have included:
Oil Protection Factor is the Energy Hedging Data Management & Analysis service of 9Ware, Inc.
For more about 9Ware, Inc. visit www.9Ware.com
Contact OilPF at firstname.lastname@example.org