InstaNext is quietly finding solid success

InstaNext, based in Bentonville Arkansas, may not be a widely-known brand in CTRM/CM, but they have notched a number of impressive wins in the last couple of years and are a company, and a product, that is competing and winning against many of the longer established and better-known solutions in the market.  We recently had the opportunity to visit with Marc Zabal, VP of Product Development and Richard Kulaszewski, EVP of Global Field Operations to find out more. InstaNext was founded in 2012 by Elie Zabal, a name familiar to many in this market as the founder and CEO of INSSINC.  Mr. Zabal’s company, and their hedge/risk management solution Futrack, was acquired by TriplePoint in 2008 (which of course was itself subsequently acquired by ION in 2012).  Departing TriplePoint/ION after that acquisition, Mr. Zabal launched InstaNext and reformed his team with many of the key players that made INSSINC successful. With an all US-based development team, the company has built-out their product, the InstaNext Platform, with an array of capabilities that has led to successfully closing numerous sales with energy and ags companies, including a string of impressive wins in the last two years with very large companies like Newfield… continue reading
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