Lacima Sees LNG as a Major Risk Management Opportunity

Lacima is having a pretty good year and sees plenty of opportunities in the market for its brand of energy risk analytics, says CEO, Dr. Chris Strickland. It also recently hired a new Director of Sales, he told me, and is hoping to continue to grow its business globally. Lacima is a specialist provider of software and services dedicated to trading, valuation, optimisation and risk management for the global energy and commodities markets. Its focus is on helping to maximise profit potential and allow more informed decisions by providing tools that yield more accurate valuations, hedging analysis and risk exposure analysis for portfolios of complex financial contracts and physical assets. It was founded by two veteran risk experts in Dr. Strickland and Dr. Clewlow who literally wrote the book on energy risk. “We have seen quite a lot of success recently in the LNG space,” he said. “The LNG market is going more towards structured deals with embedded optionality and with the cost of shipping where it’s at, it’s also more focused on shipping optimization. Both areas suit us very well.” Lacima has all the tools to handle these needs as it is essentially what the company does, and all… continue reading

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