EnergyPulse Article on Risk Reporting in Energy Trading
Lower commodity prices and more competition in energy markets continue to pressure profits and margins which, in turn, increase the importance of fast and accurate risk reporting in energy trading. Internally, faster position reporting and optimization cycles are required to in order to maintain a competitive position. Simultaneously, this reporting must maintain a high level of granularity as regulators and auditors seek balance at 60, 30 and sometimes even 15 minute intervals. While organizations continue to move towards intra-day position reporting, the breadth of detailed data and the frequency with which they are provided are not adequately leveraged through the normal risk reporting process.
