Shell Taps Bloomberg Terminal to Manage FX Business Globally

[kreslik.news]

Bloomberg has expanded its partnership with Shell’s FX unit, launching a new service that connects the central treasury manager’s corporate treasury operations across its subsidiaries worldwide.

This new offering allows Shell’s FX Central Treasury business to extract more value from Bloomberg terminal, enabling its 718 operating units in 22 countries to directly access and exchange information with the company’s central treasury office.

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With this new functionality, combined with Bloomberg’s analytical capabilities, Shell will gain additional insight into the group’s risk profile with more than 200 distinct bank counterparties.

An avenue to access FX information

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