IQI Energy Services specializes in Stock Monitoring, Management and Consulting. At IQI, we believe one of the objectives of every business is to reduce counter party credit exposures. What we do in our stock monitoring service involves securing and monitoring stocks on behalf of financiers to ensure risk mitigation. Our professionals take into consideration business SOP’s and factor all the necessary strategies needed to advise our clients accordingly. We have an expert team with the necessary experience and knowledge to help our clients in managing their stocks.

Our Stock Monitoring services include;

  • Collateral Management Services (CMA)
  • Stock Monitoring Services (SMA)
  • Inspections and Surveying

CMA – This covers commodity in custodianship on behalf of the financier, trader or pledged party. Locks, seals and provides 24/7 access and control systems at the storage facility.

SMA – Entails the provision of monitoring of the commodity but not custodianship. No lease or access guarantees are required in the SMA agreement.

MONITORING EXERCISES UNDER CMA

  • Daily dipping to check exact levels of stock
  • Management of all tanks including draining of water if available
  • Sealing of the tanks to provide maximum security
  • Reading of volumes
  • Preparation of reports to give up to date information to the office

MONITORING EXERCISES UNDER SMA

  • Daily dipping to check exact levels of stock
  • Management of all tanks including draining of water if available
  • Reading of volumes
  • Preparation of reports to give up-to-date information to the office