Energy trade surveillance solutions 2023: market and vendor landscape
Global energy markets have increased in significance due to a combination of factors that include the Covid-19 pandemic and recent geopolitical events. Distinctive challenges are posed that stem mainly from factors such as the complexity of the market, large volumes of data, cross-market trading and international dynamics. The heterogeneity of energy markets further complicates surveillance efforts, as there is no single ‘energy market’, but rather a network of interconnected and specialised ones. These challenges are amplified by the multi-faceted nature of energy commodities (electricity, natural gas and oil) and the intricacy of some financial instruments.
The market for energy trading surveillance solutions, though small, is expanding as specialist vendors emerge, catering to diverse geographies and market specifics. These vendors, which originate from various sectors, contribute further to the market’s complexity, offering tailored solutions for the unique challenges posed by energy trading. Regional specialisation, regulatory nuances and the intricate nature of energy markets necessitate specialised surveillance tools. Crucially, as the industry navigates unprecedented volatility, the demand for sophisticated surveillance solutions is likely to fuel growth in this market.
Download the Chartis report Energy trade surveillance solutions 2023: market and vendor landscape
More on Risk management
CRO interview: Shawnie McBride
NRG’s chief risk officer Shawnie McBride discusses the challenges of increasingly interconnected risks, fostering a risk culture and her most useful working habits
Increasingly interconnected risks require unified risk management
Operational risk is on the rise according to a Moody's survey, making unified risk management vital, say Sapna Amlani and Stephen Golliker
Energy Risk Europe Leaders’ Network: geopolitical risk
Energy Risk’s European Leaders’ Network had its first meeting in November to discuss the risks posed to energy firms by recent geopolitical developments
Energy Risk US Leaders’ Network: tackling volatility
Energy Risk’s inaugural US Leaders’ Network convened in Houston in October to discuss risk management challenges caused by geopolitical upheaval, policy uncertainty and volatility
LNG trading strategies set to change amid major market shifts
The global LNG market is on the brink of significant changes set to alter trading dynamics and market behaviour, say analysts
Why commodity finance is ripe for stablecoin
Digital currency brings cost efficiencies to financing, but its real benefit to commodity firms lies in making huge pools of new capital available, write Jean-Marc Bonnefous and Ronan Julien
US shutdown leaves commodity traders without key data
Commodity traders are ‘flying blind’ without Commitment of Traders reports
Energy Risk at 30: Learning from the past
Energy Risk looks back at the seminal events and developments that have shaped today’s energy markets
