Natural gas has evolved into a global supply industry with disparate markets increasingly linked by liquefied natural gas (LNG). Companies that produce, distribute and trade natural gas are faced with challenges such as the need to expand their value chain due to thinner operating margins and the need for more timely intraday position and risk reporting. On top of this, new and existing regulations are adding extra costs and complexity in areas such as stress testing, compliance reporting and accounting for hedges.
OpenLink provides a complete front-to-back office solution for gas supply, distribution and trading, covering physical gas in both gaseous and liquefied form and derivatives. You get one integrated solution for equity production, gas processing, scheduling, forecasting, and storage and transport route optimization to marketing, trading and position management through to risk, accounting, and reporting.
This eliminates much of the manual data integration and reconciliation work typically required in managing gas supply, distribution and trading, and the business gets more timely and accurate information for decision making. And, because OpenLink provides automated, straight-through processing of both physical gas transactions and financial derivatives, you get an aggregated view of positions, risk and P&L on one system.
Our technology investments, such as the OpenLink in-memory database, ensure our solutions can scale as your business grows and can keep up with demands from regulators and the business for real-time risk and position management.
We are committed to staying at the forefront of regulatory reforms by working closely with regulators, clearing houses, service providers and trade data repositories to address our clients' regulatory challenges – and we have already delivered a number of new capabilities including CFTC Position Limits Monitoring, Swap Data Repository Reporting and Clearing Workflows.
Forecasting and optimization are fully integrated with our trading solution, so you can use both forecast and trading system data in optimization scenarios with a few clicks of a mouse.
In terms of stress testing, OpenLink's extensive functionality allows you to model complex future exposure scenarios with a wide range of input factors at high speed.