Risk Management Software

Sakonnet Technology provides Xenon™ software, a trading and risk management system, to companies in the global energy markets, including power, natural gas, crude oil, refined products and coal for the European markets.

RiskAdvisory is a leading provider of integrated risk solutions to energy companies operating in today's volatile energy commodity markets. The company has provided risk software solutions, management consulting and educational services to over 220 clients in the global energy sector.

QuantRisk Corp is a world leader in object oriented high performance computing for risk, operations and assets (financial and real) management and optimization at the corporate and enterprise level.

Palisade Corporation is the maker of the market leading risk and decision analysis software @RISK and the DecisionTools® Suite. Virtually all Palisade software adds in to Microsoft Excel, ensuring flexibility, ease-of-use, and broad appeal across a wide range of industry sectors. Its flagship product, @RISK, debuted in 1987 and performs risk analysis using Monte Carlo simulation. With an estimated 150,000 users, Palisade software can be found in more than 100 countries and has been translated into five languages.

Headquartered in Ithaca, New York, Palisade also maintains offices in London, England, and Sydney, Australia.

OpenLink is a provider of cross-market, front- to back-office trading, risk management and operations software and value-added consulting services.

Nexant Inc. provides technology solutions and consulting services to the global energy industry. Clients include electric and gas utilities worldwide; energy producers; petroleum and chemical companies; international development organizations; government agencies; and energy end-users

Murex provides the MX3 platform for trading & risk management and counts many banks, hedge funds and utilities as it's clients.

MetricStream provides comprehensive
solutions for Governance, Risk, Compliance (GRC) and Quality Management. Apply industry best practices with easy-to-use applications on a proven platform to improve business performance.

Macro Enterprises is a leading provider of technological solutions and strategic consulting to companies operating within today's competitive energy markets.

Off-the-shelf pricing, valuation and risk management application for energy and commodities

Risk management is one of the most complex areas of an energy organisation’s business processes and requires sharp focus from both business and IT perspectives. There is a large disparity between the capabilities of spreadsheet based tools and risk modules of general ETRM systems, to that of an “all encompassing” fully integrated risk analytics application.

Lacima’s dedicated risk management application – “Lacima riskAnalytics,” is specifically designed for energy market participants to address complex multi commodity portfolio risk modeling, valuation, and optimization, while providing full controls to meet risk reporting regulatory compliance.

With Lacima riskAnalytics, you can achieve a consolidated view of risk metrics for complex contracts and physical assets, across multiple commodities, regions, without the cost of having to replace your existing deal capture, data management and back office systems.

All aspects of Lacima riskAnalytics are designed around the modeling frameworks, numerical techniques, models, algorithms, and other applied research developed by Lacima's principals, Dr Les Clewlow and Dr Chris Strickland, who are recognised by Energy Risk magazine's Hall of Fame, an appointment which recognizes the top 50 energy professionals in the world – the pioneers for the market.

Business benefits at a glance

• Utilise single, multi-factor and hybrid stochastic models developed by industry leading research for greater integrity of risk metrics
• Achieve a consolidated view of risk metrics across multiple commodities / subsidiaries / regions
• Value portfolios of swing, storage, generation assets and gas networks at once
• Incorporate the flexibility of physical assets into valuations and risk reports
• Assess the impact of proposed new contracts on portfolio revenues and costs
• Detect risk issues early and adjust positions without incurring undue cost
• Comply with regulatory requirements for risk reporting
• No need for costly replacements of existing systems


Technology benefits at a glance

• Flexible deployment and quick implementation
• Effective and optional integration with ETRM, market data systems and data warehouses
• Full access control and audit ability for regulatory compliance
• Fast processing of numerically intensive calculations
• Scalable from single-user systems to multi-user server “farms”
• Implements complex analytical tools out-of-the box
• Plug-in system allows ease of customer-specific extensions

About Lacima Group

Lacima Group is a specialist provider of energy and commodity pricing, valuation and risk management software and advisory services. Based on its internationally acclaimed research in energy risk modeling, Lacima offers integrated risk management applications to address valuation, market and credit risk or the flexibility of stand-alone solutions for swing and storage.

Lacima’s solutions help energy producers, retailers, distributors, large consumers and financial institutions to value and manage risk associated with complex derivative contracts and physical assets across multiple commodities and regions in a cost-effective manner.

For more information, call +1 (832) 431 3018 in North America, +44 (0) 20 7036 0360 in Europe or visit: www.lacimagroup.com.