The company engaged with AEGIS to license the AEGIS CTRM platform, which had several key features that met its numerous compliance and reporting requirements. AEGIS’ cloud-based infrastructure enabled the oil and gas producer to rapidly onboard numerous users and hedge data instantly onto the platform.
The ‘Match Settlements’ feature provided the company with an efficient way to validate counterparty invoices while identifying potential discrepancies.
In addition, the platform’s native reporting tools automatically created audit-ready mark-to-market calculations, allowing the company to easily reconcile end-of-day P&L at any time.
Increased access to the information within the platform delivered significant value, market insights, and time savings– with fully controlled processes.