Energy & Commodities

derivatives trading

Trading derivatives and other complex securities is a fundamental part of business for energy and commodities firms. But as trading activity has grown in complexity, so have the operations and controls required to support it. The legacy systems or spreadsheets that firms once relied on are now putting them at risk of major controlled-loss events, every day.

At Gresham, we enable some of the world’s largest energy and commodities firms to run their complex, billion-dollar trading businesses with confidence. With one of the industry’s most scalable control solutions, we ensure that firms are equipped for whatever challenges the market brings, replacing point solutions or legacy systems with powerful, automated reconciliations that guarantee your data is reconciled quickly, consistently and accurately.

regulatory control

With regulatory expectations continuing to rise, energy and commodities firms are under more pressure and scrutiny than ever. Regulations such as REMIT and EMIR demand more in-depth and complex reporting from firms, who often find themselves scrambling to react to new requirements. And if the data and controls that regulators demand are absent or inadequate, organisations will pay the price, in both financial and reputational damage.

Some of the world’s largest energy and commodities firms depend on our solutions to give them the control over their operations that regulators expect. Complex regulations require complex controls, which is why our Control solutions enable firms to create genuine N-way reconciliations, rather than the multiple 2-way workarounds that many others rely on.

Automation not only provides assurance that your data is present and correct, but also minimises the resources required to perform compliance tasks, freeing teams up to focus on value-generating activity.

data integrity

A data-driven business environment presents unique challenges for energy and commodities firms. Operating in a fast-paced world highly susceptible to market movements, they must be able to depend on their data, and the processes that control it.

We work with some of the world’s largest energy and commodities firms to give them 100% confidence in the accuracy and completeness of their data by replacing multiple spreadsheets or manual tools with simple, efficient automated reconciliations.

Our speed of configuration and onboarding matches the speed of your business. New controls are up and running in days, not months, and our solutions scale fast to meet your requirements, ensuring you are in control no matter what the market brings.

back-office automation

The back-office has long been a drain on the resources of energy and commodities firms. The essential role it plays in supporting trading activity comes at a price, with repetitive, manual tasks that are low on value and high on costs,  and where errors or failures have potentially catastrophic consequences.

Energy and commodities firms use our solutions to eliminate the costs, risks and complexity that come with a back-office dependent on manual processes. By automating key processes and controls, we reduce duplication of effort, operational and key person risks, and bring efficiency and optimisation to the back-office. This helps firms meet the pressure to ‘do more with less’ as well as avoid serious loss events through a breakdown in manual processes or human error.

cash/securities reconciliation

Reconciling your cash and securities activity should be simple and painless. But many energy and commodities firms are stuck with legacy solutions, with vendors who are disinclined to invest in anything but the most superficial improvements to this outdated and unsuitable technology. The frequent errors and manual workarounds that occur with these solutions consume even more resources than managing cash and securities reconciliation with spreadsheets. Self-service options sound appealing, but will you get the right level of support from your vendor, or be left struggling?

At Gresham, we provide energy and commodities firms with fast, effective cash/nostro/bank account and securities/depot/custodian reconciliation solutions. We support you to be self-sufficient, but we don’t just sell you a solution and walk away. If you’re engaging a vendor with years of domain experience, you should have the chance to leverage this.

With a variety of deployment options including cloud or on-premise, we take the pain out of cash and securities reconciliation, whichever route you choose.