MEETING THE NEEDS OF THE OIL AND GAS TRADE
“Collating information is more than half the job,” said an oil industry professional.
Information is Control
In the oil and gas industries, having information about the market is essential. As a highly volatile industry, anything from war to elections can be a source of risk. The corporate treasury is expected to help mitigate this risk through its operations – whether by foreign exchange swaps, issuance of guarantees and trades – keeping the flow of trade going.
The CS Lucas treasury management solution provides the tools needed by corporate treasuries to gain control over the activities taking place within the group. With CS Lucas, oil and gas companies can manage and collaborate on:
- Foreign exchange
- Open and settled trades
- Currency options
- Cap and floors
Integrating Information for Decision Making
Through automation, data is captured within the treasury management solution in real-time. Third-party applications, including market and price data feeds, can be integrated and processed accurately and in a timely manner.
With more accurate and up-to-the-minute information, better and faster decisions can be made, allowing treasury departments to carry out their role more effectively and keep the flow of trade moving.