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Innovation of the year – Technology: Cumulus9

Energy Risk Awards 2025: Disruptive technology firm harnesses AI to create transformative risk management capabilities

Giuseppe Fiocco and Rafik Mrabet, Cumulus9
From left: Giuseppe Fiocco and Rafik Mrabet, Cumulus9

Energy risk managers face a slew of daily challenges, from market volatility and economic uncertainty to the increasing complexity of margin models used by clearing houses and exchanges. Traditional methods of managing risk often rely heavily on manual data analysis and fail to keep pace with the dynamic nature of modern markets.

In recent years there has been much talk about the revolutionary potential of artificial intelligence to provide risk managers with real-time analysis and actionable

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