Risk management
Energy Risk Awards 2017 open for entries
The Energy Risk Awards provide a unique opportunity for companies across the industry to gain valuable recognition
Energy firms assess costs of cyber attacks
Cyber attacks on energy firms are growing each year – an alarming fact for chief risk officers who are becoming ever-more involved in cyber risk management
Identification and capitalisation of non-modellable risk factors
Adolfo Montoro, Tim Becker and Lars Popken propose techniques for systematically capturing and categorising non-modellable risk factors and risk-adequate aggregation
Energy CROs: cyber risk can only grow
Major cyber attacks on energy trading and infrastructure considered inevitable
Energy Risk commodity rankings 2017: a return to risk management
Committed dealers reap the benefits of increased interest in hedging and investing
People: Morgan Stanley sees raft of commodities exits
A number of senior bankers across Morgan Stanley’s commodities and energy lending units in the US are leaving the bank
Vote now in the Energy Risk software rankings 2017
You are invited to participate in the annual Energy Risk ETRM software survey and rankings
What lies beneath: attention lessons for risk managers
Allowing seemingly irrelevant problems to fester can lead to catastrophe. In many industries, particularly energy, risk managers should be better positioned to preempt disaster
Risk managers: beware conventional 'wisdom'
Why the consensus view so often fails to predict seismic shocks
Commodities traders question EU’s insider trading regime
Esma guidance on Mar leaves market in the dark, say critics – particularly for hedges
Energy hedging is down but not out
Market conditions will change, bringing liquidity back
A pairs trading strategy based on switching-regime volatility for commodity futures
A pairs trading strategy on energy, agricultural and index futures uses different parameters according to a volatility regime that is detected using a threshold evaluated in two ways, namely by means of a mixture of two Gaussian densities and a Markov…
Navigating cloud adoption
Commodities enterprises recognise the benefits of cloud adoption, but migrating to the cloud can seem daunting
‘Wrong type of liquidity’ spells trouble for energy hedges
Cyclical lull conceals structural shift as liquidity becomes shorter-dated and more flighty
Asia CTRM and ETRM software house of the year: OpenLink
OpenLink enters new market segment with RightAngle Xpress
Base metals dealer of the year: BNP Paribas
French bank expands hedging and finance solutions to mainland China
Asia energy dealer of the year: BP
BP restructures long-dated hedge for commercial player
Asia data provider of the year: GlobalView
Data provider aims to disrupt with enterprise-wide solution and emphasis on integration
Energy Risk Asia Awards 2016: The winners
BP takes energy dealer of the year after ramping up third-party and structured business
Commodity volatility, skew and inverse leverage effect
Two observations have consequences for commodity risk management and stochastic volatility modelling: the first is that the standard leverage effects in commodities are due to a misspecification and are inefficient proxies for the forward slope effect;…
Coal contracts boom is a sign of desperation
Producers' turn to derivatives may be a last throw of the dice
Energy risk teams explore use of KRI metrics
KRIs show particular promise for managing operational risk
Energy firms fear liquidity void if US capital proposals hit banks
Trades ‘wouldn’t be anywhere near making sense’ for banks
Turning uncertainty into innovation in the energy industry
Uncertainty, low commodity prices and squeezed margins are pressing energy companies to look for more innovative and cost-efficient solution