Today’s financial landscape is littered with platforms based on legacy technology. As a financial institution you naturally want a platform that is efficient and flexible, and you want to know you are getting value for money with a rapid time to market. How can you best assess the right platform for where your firm is today and where you plan to be tomorrow?
Renewable energy relies as much on the global metals market as it does on the wind blowing and the sun shining. The energy industry depends on having metals in the right place, at the right price, at the exact time and location where capital and policy coincide. This presents opportunities for traders.
Decisions made early in the lifecycle of a hedge fund manager typically have one eye on streamlining costs whilst the performance track record is built, and assets under management grow. However, for many managers that start to approach scale, outgrowing their original choice of platform is an inevitability. They simply require more flexibility to continue growing sustainably.
The US electricity landscape is expanding and changing rapidly: Green hydrogen, biofuels, on-shore or offshore wind, on-shore and off-shore solar, the revival of nuclear, significant developments in batteries. For energy traders, the USA really is the land of opportunity – if you have the tools to take advantage of the energy transition.
The continuous growth and exploration of new possibilities are a tangible example of the fast pace of change throughout Southeast Asia. This is particularly well illustrated in the energy infrastructure which is developing rapidly. It must accommodate new environmental imperatives while delivering on ambitious growth targets in economies across the region.
As energy depends more on weather-dependent renewables, this is the time to innovate. Windows to the future are opening now and showing a future of complex interactions with multiple players who can all affect your outcomes. It is one where the technology will support innovation for traders and open up new opportunities.
When companies looking to enter energy trading they need to have an accurate view of risk in their portfolio, across all markets, instruments, and hedges. Risk teams need to see everything in one place, with all correlations accounted for.
How can the use of technology that provides transparency, enhances risk management and hedging capabilities, potentially reduce the likelihood of future collapses.
Traders have to be on top of both intermittent assets and changing demand patterns. They need to tie all these issues into better risk management and real-time position and P&L understanding.
Energy markets have always exhibited high price volatility requiring strong risk management, but now you have the added complexity of weather driven volume intermittency with renewables.
IBOR changed the way businesses look at P&L and Positions in the front office. Why stop there?
The need to improve process efficiencies within financial firms has never been greater. Shrinking margins due to increased competition from low-fee passive products, the burden of regulatory reporting and the threat from new market entrants have forced financial institutions to look for even greater operational savings. Today’s banks, treasury departments and asset managers must look at all areas of the equation, analyzing all bottlenecks and duplication across all asset classes in order to improve its Total Cost of Ownership (TCO).
