SolArc

Infobox Company
name = SolArc, Inc.
type = Private
foundation = 1991
location_city = Houston, TX
location_country = United States
key_people = "Brad Anderson", CEO
"Scott Chamberlain", CFO
"Cynthia Haynie", CTO
"Steve Odom", COO
area_served = Global
industry = Enterprise Trade and Risk Management Solutions
num_employees = 150
products = RightAngle
RiskCenter
CreditCenter
LeaseCenter
homepage = [http://www.solarc.com www.solarc.com]

SolArc, Inc. is a global provider of multi-commodity supply, trading, and risk management software and services.

Solarc's industry-proven solutions are used by some of the world's most successful companies to enhance their profitability and operational effectiveness.

Since 1991, SolArc has become a trusted solution provider for an international clientele of more than 50 leading corporations, such as Chevron, ConocoPhillips, Tyson Foods, Union Pacific Railroad, Southwest Airlines, Virgin Atlantic, JP Morgan and Barclays Capital. SolArc's software and services cover a range of vertical industries, including Energy, Transportation, Finance, Agriculture, Consumer Goods and others.

Headquartered in Houston, Texas, SolArc also has offices in Dallas, Tulsa, London, and Singapore.

History

SolArc was founded in 1991, by three Andersen Consulting (now Accenture) colleagues offering consulting services and customized software solutions to the energy and insurance industries. In 1994, SolArc revolutionized the liquid hydrocarbon trading industry with "SolArc RightAngle", which integrated trading, scheduling, accounting and risk management. Within four years, more than 71% of the natural gas liquids (NGL) market was traded using "SolArc RightAngle".

Based on the rapid adoption and success of its NGL solution, SolArc began building its Supply and Trade Management vision to serve all energy commodities from a single, unified platform. The company created an entirely new version of "SolArc RightAngle", launched in 2000.

The new "SolArc RightAngle" features rich functionality and a scalable architecture capable of supporting multiple energy commodity classes from a single platform with the same depth and granularity as the initial solution served the majority of the NGL trade marketplace.

Currently coal, crude oil, refined products, fuels, natural gas liquids and natural gas are traded from a single SolArc solution.