A common criticism over the years of many commercially available ETRM solutions in the past has been that, while they may be strong on the transaction management side, they have often fallen a bit short on the risk management side and lack comprehensive and analytical tools. Contigo recently announced its solution to this issue. Contigo partnered with with Lacima to embed part of Lacima’s risk functionality into Contigo’s enTrader software. The new enTrader® Analytics Module is the result of that partnership. Lacima is a specialist provider of risk management, valuation and optimisation software and services for multi-commodity trading organisations with a long track record of delivering risk analytical tools to the industry. The new enTrader module allows calculation of risk metrics in near real-time and it supports all European power and gas markets for multiple currencies. The solution provides easily tailored risk analytics allowing users to view those risk metrics across all trades, or broken down by commodity, region or even trading desk, giving risk managers information on their exposure to risk at any given time. Adrian Bullock, Managing Director here at Contigo comments: “Risk management is becoming even more important in today’s complex and challenging energy market. As the
The post Contigo and Lacima partner on new enTrader Risk Module appeared first on CTRM Center.