Integrity Treasury Solutions signs RWE Dea AG

London, UK – Integrity Treasury Solutions today announced the signing of RWE Dea AG based in Hamburg, Germany, the sister company of an existing UK client RWE Innogy based in the UK. RWE Dea AG have selected integra-T.com to support their operational focus on European and Scandinavian cash and risk management.

RWE Dea AG is one of the leading petroleum companies in Germany, with a specific focus on activities relating to the exploration and production of crude oil and natural gas. This is a field in which RWE Dea AG enjoys more than 100 years of experience, cutting-edge drilling and production technologies, using state-of-the-art drilling and production technology.

RWE Dea AG selected integra-T.com because of its advanced COM technology and flexible interfacing capabilities. Functional advantages for RWE Dea AG were integra-T.com’s powerful cash management tools and, in addition to handling a wide range of financial treasury instruments and the ability to track and audit oil commodities. Other modules included foreign exchange, money market, debt, in-house banking, cash forecasting and for subsidiaries remote access, reports and enquiry screens. The strong risk management and core accounting capabilities built-in were also important, together with the IFRS/IAS39 hedge accounting tools provided by integra-T.com.

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development