RMail. For Finance. Oil & Gas Trading.
Primary Use
RMail’s Registered Email™ service offers legal evidence of who sent what to whom and when while offering a timestamped proof of content delivered to recipients.
Main Benefit
ADNOC, a diversified energy group wholly owned by the Abu Dhabi Government, is using RMail’s Registered Email™ service to securely track and prove delivery of critical, international demurrage terms and oil contracts. Having the highest electronic evidentiary record, the firm is shortening its trade settlement cycles by streamlining critical operations and reducing the risks of disputes and compliance.
ADNOC lists these as the main benefits of RMail services:
- Legal and Auditable Proof for Compliance with the Registered Email™ service as it gives the sender visibility of successful delivery for critical oil-related trade confirmations and contracts. Trading transactions require irrefutable proof of contract terms, execution, and acceptance. RMail’s Registered Receipt™ proves itself on all those counts. It provides a self-contained record of proof of delivery with delivery timestamps, open tracking, proof of content delivered, and proof of encrypted delivery, without requiring additional steps from the recipient to meet global compliance standards.
- Forensic Record to Reduce Disputes via the self-authenticating Registered Receipt™ e-record, making it easier to resolve demurrage claims, as disputes can arise over whether claims were submitted on time and received by other parties. RMail’s solution prevents disputes as the receipt can be easily forwarded to any questioning party. The receipt is a self-contained forensic record with an audit trail, eliminating the need to scour server logs to try to investigate and present delivery evidence.
- Lower operational cost by minimizing the fax/overnight mail fees and expenses of arbitrators, interpreters, translators, and counselors in case of conflict.
Automation
ADNOC uses RMail’s Registered Email™ service to send critical trade, demurrage notifications, and other oil-related communications like contracts, and get legal proof of e-delivery record. For each message sent, a Registered Receipt™ email record is automatically returned, providing proof of e-delivery compliance.
The Registered Email™ service was uniquely deployed using the RMail for Outlook app with a specialized enterprise configuration, in a manner that built the functionality into the user’s normal email send experience yet did not alter any core messaging infrastructure.
Plus, in the same email send only the external recipients would receive the Registered Email™ message, while the internal email would not be transformed or specially processed.
The Abu Dhabi National Oil Company, or ADNOC, is a leading diversified energy group, wholly owned by the Abu Dhabi government.
Tradenames are owned by the named company. Service benefit is summary, not intended to be a case
study. RPost
technology is patented. RMail, RSign, and RPost are trademarks owned by RPost.