The client is a popular analyst and trading firm for oil majors that simplifies oil analytics through a user-friendly web platform. It provides oil supply chain and consumption analysis with various data sources. They collect and analyze global crude & energy data and provide insights in form of Daily Market Reports and dashboards embedded in the web platforms.
The client helps cover the blind spots in oil companies to make better and more informed decisions. It has an ever-growing database with all the relevant information in one place. One can navigate the markets with powerful oil market data available anywhere.
They were keen to design and develop a business intelligence solution that can analyse a variety of information related to the oil sector and assist organizations in taking relevant business decisions. They wanted to improve the methods and architecture of their reporting structure.
The client was finding it difficult to visualize the business requirement into a unified report to get a consolidated view of all the locations. They were looking for a business intelligence solution that could keep a track on the different information based on the oil companies. It was getting time-consuming to manually process the information on a regular basis.
Looking at the challenges faced by the client, SPEC INDIA followed the Time & Material process with the Agile approach to develop roadmap and architecture of the product. We designed and launched the Power BI reports and dashboard, after identifying and researching on various modern methodologies.
Our Power BI based software solution goes by the function and template based approach to change data from cloud-based and refresh it accordingly. We used Power Automate and relevant utilities for automating activities.
Our team has developed many reports based on requirements of the oil market like RBOB, Brent, Gasoline spreads, timeline charts/tables, future trends etc. We prepared around 35 to 40 Power BI reports and parameters-based reports which helped in faster development and improvisation of their architecture and methods.
Data aggregation from multiple sources
Interactive forward curves and plot history
Commitment of traders
Third party data integration
Customs data from various countries
Daily market report
Energy Dashboard - Various energy sources and its production vs consumption
Global Crude Imports Data - Daily Open Interest Change, Futures, Spreads, Timeline, Technical like Moving Averages (20 DMA, 50 DMA etc.)
Margin Builders: Europe Margin Builder and Asia Margin Builder to check crude margins dynamically with various scenarios
Covid Mobility Power BI Report: It contains COVID data world-wise for vaccinations, cases and along with no. of flights across the world
Our detailed and accurate research, analysis, and refinement leads to a comprehensive study that describes the requirements, functions, and roles in a transparent manner.
We have a team of creative design experts who are apt at producing sleek designs of the system components with modernized layouts.
Our programmers are well versed with latest programming languages, tools, and techniques to effectively interpret the analysis and design into code.
Quality is at the helm of our projects. We leave no stone unturned in ensuring superior excellence and assurance in all our solutions and services.
We have well-defined, robust, and secure launch criteria that offer us a successful implementation clubbed with detailed testing, customer acceptance, and satisfaction.
Daily Market Reports
Data analytics with machine learning algorithms
Timely, curated, and sharp analysis
Concise and actionable commentary
Ability to download bulk datasets in one click
Least manual intervention
Template-based Power BI reports for generating insights
Impact analysis on market trends and patterns
360-degree solution for a complete vision into the global oil market