Risk Control

Risk management requires swift tracking of trading books and market movement for impacts on equity value and tight monitoring of trading floor activities.

To complement risk managers’ use of Xenon’s scenario and stress testing capacities Sakonnet has integrated into it FEA’s VaR engine, VaRWorks®, which generates analytic VaR results as well as Monte Carlo and historical simulations.

Risk managers can also take advantage of Xenon’s intra day and end of day reporting capabilities, enabling them to check, reconcile and understand risks within each portfolio. The reports can be broken down by commodity or trader to track sources of risk/return generation for the enterprise.

Xenon also has a permissioning module which manages the functions that each user can access. These permissions can only be changed by the clients’ designated system administrator.

Finally, to assist risk managers with credit exposures, Sakonnet has integrated with the ROME Energy application which records counterparty agreements and collateral positions, and assists managing credit limits.

Key features:

• Advanced stress test and scenario analysis modules
• Complete VaR engine
• Trader/Unit performance measurement tools
• Permissioning module
• Advanced credit risk analytics and tools