This study was designed to examine Risk Management in the Energy and Commodities Market in order to produce:
· A review of the current state of risk analytics used in the market;
· An assessment of the systems deployed there;
· The key risk management requirements of companies trading in the market;
· An assessment of where risk management is headed in commodity and energy trading and its impact on the systems.
CommodityPoint and Seminel utilized a combination of a web-based questionnaire (Appendix A) and phone and/or in-person interviews with industry participants to determine their views along with secondary research and interviews. The survey, which was conducted between July and October 2009, had 47 valid responses.
The respondents to this study came from a diverse background across the commodities space with a general bias towards physical energy players such as utilities, generators and refiners and while just under half of the respondents were based in North America, there was good geographic diversity with strong European participation.
The study was sponsored by Abacus Solutions, Amphora, SAS/RiskAdvisory and SolArc.
