NGS Group is a formation of several joint venture Associations in China, Dubai, Indonesia, India, Japan, London and Malaysia. | AVIATION | ENERGY | CHEMICALS | MANUFACTURING | DRILLING AND CEMENTING EQUIPMENT | PROFESSIONAL SPECIALIST | IT SOLUTIONS | ENGINEERING

Risk Management

Risk Management

Physical product & country risks:

In-depth product knowledge.
Continuous monitoring of global supply and demand.
3rd party control of all storage facilities – bank approved CMA locations.
Comprehensive insurance policy from global leading underwriters.

Counter party risk management:

Approval of all trading limits by counterparty.
Strong MIS for reporting of counter party risk status.

About

Risk management is an integrated part of business planning operational execution of the company’s strategy and to support the business in achieving financial targets.

Price risk management:

Defined business limits
Defined open position limits
Reporting of marked to market.
Defined country limits by products.
Defined global product positions
Balanced pie of downstream distribution with midstream and upstream business

Legal risk management of executed business terms:

Defined contract terms for all aspects approved by relevant underwriters and lawyers.

IT & Systems security risks

In-house IT team for systems security
In-house Business Intelligence team developing online platform for risk management and control.