Amphora’s CTRM service selected by China Zhenhua Oil for their Crude Oil Trading operation
Amphora’s Commodity Trading and Risk Management (CTRM) service has been selected by China Zhenhua Oil, one of the largest crude oil importer in China.
Having made the decision to purchase a Commodity Trading and Risk Management Solution, China Zhenhua Oil ran a competitive CTRM selection process involving all the leading CTRM vendors. The selection process involved multiple rounds of demonstrations as well as proof of concept exercises to the user group.
After a thorough evaluation process, China Zhenhua Oil selected Amphora’s Symphony CTRM solution.
Amphora was able to demonstrate extensive commodity trading and risk management expertise together with a detailed knowledge of the crude oil and refined products trading industry. Amphora demonstrated the aptitude to address China Zhenhua Oil requirements and become a trusted partner.
About China Zhenhua Oil:
Since founded in 2003, China Zhenhua Oil Co., Ltd. provides oil operation services. The Company is active in petroleum exploration, refining, production, storage and international trading.
Founded in 1997, Amphora provides robust and highly scalable multi-commodity trading, risk management, accounting and shipping solutions to support the energy and metals industry. Amphora empowers clients to streamline their operations, reduce transaction costs and manage their financial and physical business on a single platform.
Further information on Amphora: amphora.net