IndustryEnergy

Upstream, Midstream and Downstream Energy companies face a variety of challenges associated with managing the supply/demand, inventory, logistics, contracts, regulatory compliance , price volatility and risk management. Energy companies need to ensure regulatory compliance and manage price volatility along with credit and other market risks.

ContraXcentral™ provides Producers, Refiners, Consumers and Traders of Crude Oil, Natural Gas and Refined Products an integrated trading and risk management solution to manage contracts, streamline fulfilment, automate settlement and pro actively manage risks. Contract templates can be defined based on industry standard terms, facilitating easy trade capture, reducing manual errors.

Trade approval workflow can be defined and also limits can be monitored for enforcing better controls. Requirements like circles, string, bypass and washout identification, execution and settlement are easily handled. Fulfilment events, quantities, quality, fees and commissions can be effectively managed and tracked. Inventory activities like tolling, blending, processing and reprocessing are supported. Physical and financial trades are settled and invoiced automatically. ContraXcentral™ facilitates hedging physical positions with futures or options and provides traceability of the hedge positions throughout the lifecycle. Market, operational, material and credit risks are measured and reported.