Contract Settlement

• Generates computer confirmations for all trades entered into for onward delivery to counterparties.
• Provides effective controls over the settlement process of all contract types.
• Creates and maintains settlement advices for all commodities and energy trading activities.
• Facilitates settlement advice adjustments for current and past settlement periods.
• Provides a validation tool for all physical and contract positions.
• Maintains and provides audit trails to enable full control and reporting of all settlement transactions.
• Performs cashflow forecasts.
• Facilitates the preparation of general ledger journal entries for all transaction and event types and actions.
• Provides exception reporting for all unsettled transactions.