The Risk Management component of ASPect Office is part of the AspectETRM suite. It can be integrated with your existing systems, or in tandem with our Trade Management and Financial Operations Management components,to provide a powerful energy risk trading system. This component allows companies to address a multitude of physical and financial risks including: price, volume, volatility, quality, delivery, counter party, credit and multi-currency. This powerful application allows users to decompose total risk into price and foreign exchange risk; perform advanced statistical techniques for calculating optimal hedges for every book and position; instantly access value-at-risk (VaR) for 100,000+ deal portfolios; and leverage technology built to quickly process and relate prices, volatilities and correlations. The instant data is entered into ASPect Office, management is able to perform analysis and monitor individual portfolios and exposure across the organization. Multi-faceted stress testing and fast-action reporting allows users to plug-in "what-if" scenarios and calculate profit and loss potential in multiple currencies based on varying pricing factors. No other trading system allows for integration of a single risk application that can perform complex computations like these. OILspace clients with solid transaction management platforms are able to integrate this component to complete the cycle and gain real-time risk analysis and management controls not available through other systems.

     

OILspace is proud to have ASPect Office chosen for professionals in-training for ICE and Confidence courses globally. Live energy market information combined with powerful risk trading tools are streamed into the classroom to provide hands-on, real-world training exercises.