Overview:

In C3, market prices are maintained for contract pricing, analysis, and reporting. Many different pricing services are directly interfaced. Prices are seamlessly interfaced into a flexible contract formula builder.

Features:

• Tracking of cash market and futures prices on a current and historical basis
• Automated interface with several pricing services including Platts, OPIS, and DTN
  
• Flexible formula builder that encompasses many formula types including month average, posting, multi day wraps, weekly formulas, and an ad hoc expression builder
  
• Automated calculation of formula prices for accounting and corporate reporting functions
  
• Reporting and historical graphing of market prices to analyze market positions and trend movements

Advantages:

• Centralized internal source for all pricing calculations and reporting needs
  
• Reliable automation of pricing uploads with minimal user intervention
  
• Simple and efficient entry of prices where automated sources are not accessible
  
• Contracts no longer have to be manually updated as formula pricing completes

Benefits:

• Superior accuracy in formula calculation on formula based contracts
  
• Lower dependence on manual calculation of contract pricing for accounting and corporate reporting