ICIS Data as a Service
Streamline processes and optimise performance in dynamic Chemicals and Energy markets
Harness the power of instant data access
As the pace of change and complexity of global commodity markets increase, data accessibility and time to action are vital for success. Revolutionise your decision-making with ICIS Data as a Service (DaaS) and stay one step ahead.
Maximise agility and profitability in fast-moving markets with instant access to critical data, seamlessly delivered into your workflows and processes. ICIS DaaS is compatible with industry-leading trading and risk management systems, procurement systems and analytics platforms through API (Application Programming Interface), cloud-based services (e.g. Snowflake marketplace) or Excel plug-in.
ICIS intelligence has been shaping commodity markets for over 150 years and is trusted by governments, industry bodies and regulators worldwide. We have been part of RELX, a FTSE-15 data and analytics company since 1994.
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Why use ICIS Data as a Service?
In dynamic markets, stay ahead of the competition and enable faster decision-making with ICIS data and analytics integrated with your trading and risk management system, procurement system or analytics platform through API, Snowflake or Excel plug-in.
Improve accuracy
Reduce the risk of losses by eliminating human error in pricing and data entry.
Make smarter predictions
Anticipate shifts and drive profitability in liquid markets, with combined data sets and automated predictive models and forecasts.
Tailor data to your needs
Build your own data lake by integrating ICIS data and analytics into workflows and connecting it to different platforms.
Maximise efficiency
Save time, reduce costs and risk and ensure regulatory compliance with fast processing and analysis of vast amounts of data.
Operational benefits
ICIS DaaS is compatible with industry leading ETRM/CTRM (Energy/Commodity Trade and Risk Management), ERP (Enterprise Resource Planning), procurement and CRM (Customer Relationship Management) systems. Software examples include SAP, SAP Concur, SAP CTRM, Salesforce, Microsoft Dynamics, Enverus and Oracle. To find out more, speak to us.
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Price competitively
Optimise growth with a clear understanding of current market pricing e.g. using Salesforce formula-based pricing modules.
Automate settlement
Increase profitability and productivity with timely, accurate processing and invoicing.
Simplify inventory
Save time and minimise exposure with end-to-end analysis of inventory and costs.
Improve resource use
Increase organisational efficiency and reduce costs with optimised utilisation of resources.
Analytics benefits
ICIS DaaS can be integrated with data lakes and warehouses, plus BI (Business Intelligence) and visualisation, analytics, data science and spreadsheet tools. Software examples include Snowflake, Redshift, Big Query, Databricks, Power BI, Tableau, Microstrategy, Python, R, SAS, Matlab and Excel. To find out more, speak to us.
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Identify patterns
Gain greater insight and plan ahead with confidence, collecting and scaling data from multiple sources to identify and visualise trends.
Track and forecast sales
Optimise business outcomes by tracking sales and preparing budgets based on cleansed and accurate data.
Create flexible models
Increase agility with flexible modelling using analytics and data science tools integrated into your analytics platform.
Automate reporting
Improve cross-functional collaboration and optimise resources, with automated reporting.
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Partnering with ICIS unlocks a vision of a future you can trust and achieve. We leverage our unrivalled network of industry experts to deliver a comprehensive market view based on trusted data, insight and analytics, supporting our partners as they transact today and plan for tomorrow.