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Trafigura is the world’s third-largest independent oil trader and the second-largest independent trader in nonferrous concentrates. With 67 offices in 44 countries worldwide, the company handles every element involved in sourcing and trading crude oil, petroleum products, renewable energies, metals, metal ores, coal, and nonferrous concentrates for industrial consumers.
Capitalizing on its resource trading and investment expertise, Trafigura has also diversified into asset management through its wholly-owned subsidiary Galena Asset Management, which develops offshore hedge funds and has more than U$1.2 billion in funds currently under management.
Currently trading more than 9 million tons of concentrates each year and more than 2.5 million barrels of crude and oil products every day, Trafigura is rapidly expanding through acquisition.
Trafigura needed to implement an infrastructure to cope with its continued growth and business diversification. It chose to consolidate all its databases onto Oracle to ensure full disaster recovery, improve performance, and provide unlimited scalability for future growth.
Trafigura made the strategic decision to move all of its databases and core applications onto Oracle Database 11g. The move to grid computing is part of a strategic plan to ensure that the organization has the capability, capacity, and ability to respond to market demands as it continues to grow rapidly via acquisition.
“We looked at expanding our Microsoft estate but decided that would have been the wrong direction to take,” said Dean Logan Wood, global head of database technology, Trafigura “Oracle provides a much more mature solution. It offers greater enterprise capability and is more suitable for large-scale environments. We now have the infrastructure in place to meet our requirements as a fast-moving and rapidly-growing business. As we continue to acquire energy sector assets, we can quickly integrate those new businesses into our portfolio.”