Monday, October 13, 2025
Distribution: (800) 510 0384
Washington DC
New York
Toronto
Press ID  
  • Login
The Hudson Weekly
  • Financial
  • Blockchain
  • Technology
  • Entertainment
  • Lifestyle
  • Arts
  • Health
  • Sports
  • Cybersecurity
No Result
View All Result
  • Financial
  • Blockchain
  • Technology
  • Entertainment
  • Lifestyle
  • Arts
  • Health
  • Sports
  • Cybersecurity
No Result
View All Result
The Hudson Weekly
No Result
View All Result

Head of IT at the Energy Trading Company Calls for Industry Protocol & Standards

SOCAR Trading's investments in digitization generate strong financial performance

Craig Richer by Craig Richer
November 29, 2020
in Blockchain
A A
Share on FacebookShare on Twitter

SOCAR Trading Head of IT, Movsum Muslumzada, told the Reuters Commodity Trading Summit that, having upgraded its IT systems just prior to the COVID-19 outbreak, the trading company was able to quickly implement remote working without any operational interruptions.

Speaking at a Reuters conference session on Overcoming Barriers to the Digitization of Commodities Trading, Mr. Muslumzada explained: “Moving to the cloud in 2019 was a game-changer for SOCAR Trading. When COVID-19 unexpectedly arrived in 2020, we were ready and had prepared our infrastructure so that people could work from any place on the planet. [Our digitized IT systems] helped a lot with communications and financially we had a good year.”

HudsonNewsroom

Brief Introduction to BananaBotcrypto

8 Digital Collectibles and What They Mean for Online Commerce

Beyond the Hype: How CREcoin’s Model Responds to Solana’s Next Great Challenge

Mr. Muslumzada also called for the trading industry to adopt a general protocol and standards so that counterparties can exchange trading data and operational data.

Asked about blockchain, Mr. Muslumzada said that technology in itself is not a solution. “It’s all about how the platform is implemented and how it’s used and how easy it is to onboard people. We have a lot of systems but they need to be able to talk to others. If a blockchain is the solution, then we will sign up for it.”

According to Mr. Muslumzada, trust in technology is key. He continued, “Managers and decision-makers need to understand what technology tools are available, and to know how to use them and trust them. Five or six years ago, everybody was afraid of the cloud as it placed your data under somebody else’s control. Now, it’s becoming mainstream. So education is necessary.”

In recent months, SOCAR Trading has invested considerable time and resources in sophisticated IT systems, and digitized internal control frameworks have given the company the agility and the confidence to merit its status as one of the most successful global energy trading companies.

Craig Richer

Craig Richer

Newsroom Editor

More from HW Newsdesk

Brief Introduction to BananaBotcrypto
Blockchain

Brief Introduction to BananaBotcrypto

October 7, 2025
8 Digital Collectibles and What They Mean for Online Commerce
Blockchain

8 Digital Collectibles and What They Mean for Online Commerce

September 22, 2025
Beyond the Hype: How CREcoin’s Model Responds to Solana’s Next Great Challenge
Blockchain

Beyond the Hype: How CREcoin’s Model Responds to Solana’s Next Great Challenge

September 11, 2025

HW Newsroom

Hezi Badnany: A Global Healer Bringing Ancient Energy Medicine to Modern New York
Health

Hezi Badnany: A Global Healer Bringing Ancient Energy Medicine to Modern New York

by Emily Manifold
October 8, 2025

In a world increasingly disconnected from its inner rhythm, Hezi Badnany is helping people remember their natural harmony. As the...

The Future of Lashes: How Tatiana Kisliuk Is Leading the Lift Movement

The Future of Lashes: How Tatiana Kisliuk Is Leading the Lift Movement

October 8, 2025
How to Sell a Business Without Regrets: Avoid These Common Mistakes

Why Website Design and SEO Must Work Together

October 7, 2025
Exploring the World of Live Casino Gaming

All About Golden Crown Casino for Australian Players: A Detailed Guide

October 7, 2025
Brief Introduction to BananaBotcrypto

Brief Introduction to BananaBotcrypto

October 7, 2025
Gulf Coast Western Reviews Show Consistent Partner Retention Through Transparent Energy Investment Approach

Gulf Coast Western Reviews Show Consistent Partner Retention Through Transparent Energy Investment Approach

October 6, 2025
Top 10 Book Ghostwriting Services

Top 10 Book Ghostwriting Services

October 5, 2025
Special Occasion Dresses That Steal the Spotlight

Special Occasion Dresses That Steal the Spotlight

October 4, 2025
The Difference Between Car and Truck Accident Claims

The Difference Between Car and Truck Accident Claims

October 3, 2025
The Naginata: From Samurai Battlefield to Women's Art

The Naginata: From Samurai Battlefield to Women’s Art

October 2, 2025
The ABCs of Live Casinos: How to Approach Them Like a Savant

The ABCs of Live Casinos: How to Approach Them Like a Savant

October 2, 2025
Kelsi Mayne Solidifies Her Spot as Country’s Next Big Thing With ‘Someone Who Knows’

Kelsi Mayne Solidifies Her Spot as Country’s Next Big Thing With ‘Someone Who Knows’

October 1, 2025
No Result
View All Result

Headlines

Common Problems in Flender Gearboxes and How to Diagnose Them

The 5G Shift: How Next-Gen Connectivity Is Redefining Live Casino Gaming

IP Protection for MVPs and Early-Stage Products

Hezi Badnany: A Global Healer Bringing Ancient Energy Medicine to Modern New York

The Future of Lashes: How Tatiana Kisliuk Is Leading the Lift Movement

Why Website Design and SEO Must Work Together

Trending

Booz Demands His Due - A Gritty Look Inside ‘What About Booz?’
Entertainment

Booz Demands His Due – A Gritty Look Inside ‘What About Booz?’

by Dennis Keller
October 10, 2025

Minimal frills, maximum honesty. Amid all the noise and larger-than-life personas in hip-hop, recording artist Booz steps...

The Architect of AI's New Language: A Conversation With Boris Kriuk

The Architect of AI’s New Language: A Conversation With Boris Kriuk

October 10, 2025
Common Problems in Flender Gearboxes and How to Diagnose Them

Common Problems in Flender Gearboxes and How to Diagnose Them

October 9, 2025
The 5G Shift: How Next-Gen Connectivity Is Redefining Live Casino Gaming

The 5G Shift: How Next-Gen Connectivity Is Redefining Live Casino Gaming

October 9, 2025
IP Protection for MVPs and Early-Stage Products

IP Protection for MVPs and Early-Stage Products

October 8, 2025
  • Booz Demands His Due – A Gritty Look Inside ‘What About Booz?’

https://hudsonweekly.com/booz-demands-his-due-a-gritty-look-inside-what-about-booz/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #guestpost #guestposting #sponsored #sponsoredpost #music #newmusic
  • The Architect of AI’s New Language: A Conversation With Boris Kriuk

https://hudsonweekly.com/the-architect-of-ais-new-language-a-conversation-with-boris-kriuk/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #guestpost #guestposting #sponsored #sponsoredpost #ai #tech
  • Overflow Expands Tap-to-Give Feature With More Flexible NFC Engagement for Churches

https://marketsherald.com/overflow-expands-tap-to-give-feature-with-more-flexible-nfc-engagement-for-churches/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #guestpost #guestposting #sponsored #sponsoredpost #church #donation
  • Sensi.AI Secures $45 Million Series C Funding to Drive Care Innovation for Seniors

https://lincolncitizen.com/sensi-ai-secures-45-million-series-c-funding-to-drive-care-innovation-for-seniors/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #guestpost #guestposting #sponsored #sponsoredpost
  • AMC Health Appoints Alan Petrazzi as Executive VP of Government Division to Drive Telehealth Innovations

https://lincolncitizen.com/amc-health-appoints-alan-petrazzi-as-executive-vp-of-government-division-to-drive-telehealth-innovations/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #guestpost #guestposting #sponsored #sponsoredpost #telehealth #health
  • CareChoice Wins Outstanding Growth Award for Excellence in Home Care Services

https://belmontstar.com/carechoice-wins-outstanding-growth-award-for-excellence-in-home-care-services/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #guestpost #guestposting #sponsored #sponsoredpost
  • BP Defence Launches Bullet-Resistant Backpacks for Enhanced Student Safety

https://belmontstar.com/bp-defence-launches-bullet-resistant-backpacks-for-enhanced-student-safety/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #guestpost #guestposting #sponsored #sponsoredpost #backback #bulletproof
  • NexCore Group Breaks Ground on Two Innovative Senior Living Communities in Denver and North Bethesda

https://fairmontpost.com/nexcore-group-breaks-ground-on-two-innovative-senior-living-communities-in-denver-and-north-bethesda/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #guestpost #guestposting #sponsored #sponsoredpost

© 2025 The Hudson Weekly. Published by The Ritz Herald. Editions: Markets Herald • Lincoln Citizen • Madison Graph • Belmont Star • Fairmont Post

Address: 1177 6th Avenue, 5th Floor, New York, NY 10036. Removals: pr@hudsonweekly.com. Phone: (718) 313-5252. M-F: 9AM-5PM. Privacy Policy

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Financial
  • Blockchain
  • Technology
  • Entertainment
  • Lifestyle
  • Arts
  • Health
  • Sports
  • Cybersecurity

© 2025. The Hudson Weekly