Phlo Systems has been busy in recent months adding significant functionality to its opsPhlo software solution – opsPhlo ‘combines powerful CTRM functionalities and comprehensive ERP capabilities with seamless digital connectivity to all supply chain partners,’ according to the vendor’s website. Phlo’s Talha Khan explained that in conjunction with a major implementation for a customer who is extending their use of the solution into its energy business, amongst others. “We are enhancing the solution in the risk management area,” he told me. Phlo has added more futures and options functionality making it a little more granular, he said, as well as enhancements in the hedging side allowing users to link hedges to multiple contracts and perform reconciliations. A further key part of this set of enhancements has been the development of an API with Cumulus9 – another cloud vendor that specializes in margin forecasting and risk analytics. Via the API, opsPhlo can now send across all portfolios and get back VaR, margin calculation results and a number of other analytics for its users. This includes Initial Margin based on underlying exchange methodologies, historical VaR, option valuations and so on, he said. “Users can also now do what-if type scenario analysis based… continue reading