Our client, a renowned international commodities trading company had been heavily relying on manual tools to handle a number of tasks. Shared spreadsheets for booking transactions and managing the workflow, managing market risk, and monitoring logistics. Document editors for manually creating and editing shipment notices, contracts, and invoices. This posed several issues: multiple inputs of the same data on different systems created operational risk, manual tools created latencies in managing market risk, and providing business reports required running stale VBA macros on excel sheets resulting in unfriendly static reports making it very unpleasant to stay on top of a booming business.
