Contract Administration

EnCompass is a contract based system. This ensures that confirmation and settlement processes and terms are consistent with contractual obligations.

  • Contracts assigned to transactions either through automated process or individual selection. The transaction then adheres to the relevant contract terms for confirmations and settlement.
  • User defined transaction statuses for managing the confirmation work flow.
  • All commercially relevant deal changes automatically change the deal status for processing within the confirmation work flow.
  • Multiple confirmation formats for different transaction and contract types
  • User customizable legal language on confirm formats.
  • User defined contract statuses for managing the contract work flow
  • Automated support for company name changes and mergers, with (for mergers) assignment of contracts/transactions
  • Contracts can cover multiple transaction types and commodities
  • Contract data management sub-system including standard templates
  • Extensive counterparty management sub-system, including parent company relationships, tax exemptions etc.