- From an IT perspective it allows the elimination of several siloed systems – commercial , homegrown and spreadsheets - across the treasury function in particular , helping to reduce costs and remove expensive points of interfacing , while improving timeliness and accuracy of key information ,

- It affords treasury staff with a real-time view of trading positions for better hedging , FX and IR exposure management , enabling Treasury managers to model the severity of risks under a variety of scenarios , and develop effective hedge strategies in accordance with all accounting standards ,

- It eliminates time-consuming , labor-intensive , and error-prone core treasury processes , with straight through processing and ,

- It helps to break down barriers between departments providing key decision makers like the CFO , CRO , Treasurer , Head of Trading and CIO visibility into one version of the truth .

Next Generation Integrated Treasury & Trading A ComTechAdvisory Whitepaper

Meanwhile , the Treasurer is looked upon to answer important questions on a timely basis by executive management about liquidity , investment opportunities , hedging and much more . In energy companies in particular , the Treasurer needs enhanced and timely visibility into trading positions in order to address these issues comprehensively and is actively seeking to break down the barriers within the treasury function and between the treasury function and trading .

EMERGING OPPORTUNITY

There are two areas of opportunity to consider at a high-level ,

1 ) To better integrate treasury functions and systems to provide a broader , more accurate , less error-prone view for management , and

2 ) Better integration with trading or procurement departments and systems to provide real-time visibility into positions and an ability to act in a timely and optimal manner .

Adopting a single , fully integrated treasury and trading application can solve both of these issues at the same time . This approach offers many potential benefits as well as increased efficiency and protection of margins ,

- From an IT perspective it allows the elimination of several siloed systems – commercial , homegrown and spreadsheets - across the treasury function in particular , helping to reduce costs and remove expensive points of interfacing , while improving timeliness and accuracy of key information ,

- It affords treasury staff with a real-time view of trading positions for better hedging , FX and IR exposure management , enabling Treasury managers to model the severity of risks under a variety of scenarios , and develop effective hedge strategies in accordance with all accounting standards ,

- It eliminates time-consuming , labor-intensive , and error-prone core treasury processes , with straight through processing and ,

- It helps to break down barriers between departments providing key decision makers like the CFO , CRO , Treasurer , Head of Trading and CIO visibility into one version of the truth .

In fact , this is not just another innovative idea but also , a concept actually being implemented by energy and other commodity intensive companies around the world . Not to have an integrated treasury and traded solution is increasingly viewed as a missed opportunity , especially in a more regulated commodity trading business where auditability is so important .

White Papers Next Generation Integrated Treasury and Trading fo | Page 4

- From an IT perspective it allows the elimination of several siloed systems – commercial , homegrown and spreadsheets - across the treasury function in particular , helping to reduce costs and remove expensive points of interfacing , while improving timeliness and accuracy of key information ,

- It affords treasury staff with a real-time view of trading positions for better hedging , FX and IR exposure management , enabling Treasury managers to model the severity of risks under a variety of scenarios , and develop effective hedge strategies in accordance with all accounting standards ,

- It eliminates time-consuming , labor-intensive , and error-prone core treasury processes , with straight through processing and ,

- It helps to break down barriers between departments providing key decision makers like the CFO , CRO , Treasurer , Head of Trading and CIO visibility into one version of the truth .

EMERGING OPPORTUNITY

- From an IT perspective it allows the elimination of several siloed systems – commercial , homegrown and spreadsheets - across the treasury function in particular , helping to reduce costs and remove expensive points of interfacing , while improving timeliness and accuracy of key information ,

- It affords treasury staff with a real-time view of trading positions for better hedging , FX and IR exposure management , enabling Treasury managers to model the severity of risks under a variety of scenarios , and develop effective hedge strategies in accordance with all accounting standards ,

- It eliminates time-consuming , labor-intensive , and error-prone core treasury processes , with straight through processing and ,

- It helps to break down barriers between departments providing key decision makers like the CFO , CRO , Treasurer , Head of Trading and CIO visibility into one version of the truth .