Kinder morgan uses ICE(InterContinentExchange) Platform to trade gas. This project is to build a brand new application to integrate live ICE Trades into the KinderMorgan application and update the availability of commodities in real-time and notify the customers and other stakeholders about it.
Case study
Kinder Morgan
Kinder Morgan
Company Name
Gas-Energy Company (MidStream)
Location
Houston
Location
Overview
![](https://geekywebwizards.com/procal_new/wp-content/uploads/2022/05/case-study-4.jpg)
Technologies Used:
- Multi-threaded system
- FIX protocol
Challenges Faced:
Before the automation, all the trades used to be consolidated in the excel sheet and used to be entered into the system manually. This is time taking process and sometimes the updates are not in real-time. Because of this, there used to be delays in updating the available commodities and price details.
Solution proposed:
Built the brand new application using the latest technologies and a multi-threaded system to directly communicate with ICE using FIX protocol and retrieve the Trades/deals in real-time and integrate the commodity, price in real-time into Kinder Morgan applications like nominations, contracts …etc. and a built the reporting system to notify corresponding stakeholders.
Results Achieved:
A fully automated, FIX complaint application is built to pull the trades and their details and make them available for business needs in real time. This increased the efficiency of the business and good use of available commodities.