Archive for the ‘CommodityPoint’ Category

The New Risk Management – Data Management?

These days, risk management is high on most trading firms’ agendas. That is risk management in both the broadest and narrowest sense. Increased oversight, regulation and both the rapid evolution and increasing speed of markets is driving this need. In a climate of price volatility, volumetric uncertainty, innovation in deal structures, changing regulations and globalization, effective risk management and the ability to respond to valuation challenges and portfolio optimization opportunities are pre-requisites to profitability for organizations that deal in commodities.

Risk Management Problems

A Rational Look at the Plans for Moving Forward in the Gulf by Patrick Reames

Though non-binding, a report released late last week by the Bipartisan Policy Center should provide momentum toward the lifting the deepwater drilling moratorium currently in place in the wake the of the Deepwater Horizon disaster.

The BPC, a Washington based non-profit think tank, was founded by four former Senators, two each representing Democrats and Republicans, and has been dedicated to, “develop and promote solutions that can attract public support and political momentum in order to achieve real progress.” The BPC was asked by the federal government’s National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling to review the effect of the moratorium and the response by both industry and the government.

How About a Bit of Video Blogging?

I decided to try blogging with a difference – using video…. Please keep your comments impersonal!

A Quick Update

Very busy period at CommodityPoint with numerous projects on going right now. I guess the summer must be officially over now? Right now, other than client work, we are working on the following;

1. Update for the CommodityPoint CTRM Sourcebook – vendor updates are trickling in and at least 5 new listings will be included for vendors such as Pioneer Solutions, EnCompass Technologies, TransGraph, and others expanding the total number of products listed to over 40 in the next edition. If you are a CTRM vendor and want to be included then do download the questions from the CommodityPoint Sourcebook page.

Non Energy Commodity CTRM Vendor Perception Study

CommodityPoint is still seeking responses from traders and consultants around non-energy commodity CTRM vendors via our survey instrument. Please do take the time to complete our survey which can be found here.

If you are a CTRM vendor please DO NOT complete the survey as your response will be diregarded. Instead – why not send it out to your customers and have them complete it???

And Now for Something Totally Different . . .

Being a CommodityPoint analyst has its moments. It would seem that few of my friends and relatives can actually grasp what it is I do for a living and so they politely ask me how is business and nod wisely as I reply. Quite honestly, it is difficult to explain to almost anybody what I do for a living but I can tell you this. I love it!

First, Commodity Trading and Risk Management (CTRM) is quite a small area to specialize in, so you end up tending to know almost everyone involved. It’s a community and as a friend of mine told me at a trade show recently, you don’t check name badges for names, but just to make sure who they are working for this month! But what do I actually do? Essentially, I try my very best to keep up with what is going on in the industry& particularly as it relates to CTRM and associated software and technologies. This doesn’t make me a technology geek, however, as I also have to understand the business context in which this all occurs.

Data Management Study Commences

CommodityPoint is commencing its study around data management in commodities trading & risk management departments and we need your help. We would like your input to our data management survey which you can find here. It shouldn’t take too much of your valuable time and, in return, we will get you a FULL copy of the final report.

We are seeking end users and consultant responses only.  All other responses will be eliminated.