London and New York - OpenLink, the provider of trading and risk management solutions for the energy, commodities, corporate and financial services industries, and consultancy Baringa have launched a whitepaper exploring best practice in treasury management for commodity intensive corporates. The paper looks at the business case for integrated treasury and commodity risk management.
The combined forces of currency and commodity price volatility, an increased focus on risk, regulation such as MiFID II and Dodd-Frank, and the development of technology have changed the environment for treasury management at corporates that have commodities in their supply chain. The paper argues that the traditional siloed approach is no longer fit for purpose and reviews the experiences of four corporates that have embraced an integrated approach.
Baringa Partners, which works with a number of commodity intensive corporates in an advisory capacity, sets out the key building blocks for developing a business case to bring the traditionally siloed functions together, and the paper concludes with a look to the future.
The white paper is available for download at http://bit.ly/1OrLYOF.