Risk Manager
Success in business depends on your ability to balance opportunity and risk. No one understands this better than a Risk Manager. As we know, energy markets can be unforgiving and unpredictable. Couple that with an ever-changing landscape due to environmental and regulatory changes as well as the growth and consolidation of competitors, and it can require a complex formula for success for any retail supplier.
Learn About This SolutionSupport for Risk Managers
There is a delicate balancing act between these factors that needs to occur on a constant basis to remain profitable and avoid unforeseen credit calls.
A Risk Manager needs to have a strong grasp of:
- The composition of your customer book - its size, the type types of customers that comprise it, granular forecasted load, sales initiatives, and market factors that may impact future enrollments and drops, etc.
- Your costs – Energy-related costs, hedge value / mark-to-market, operational costs, etc.
- The tools you utilize to execute your risk management strategy - hedging techniques, hedge positions, available credit, etc.
Converged is here to support and inform your strategies to help realize the most profitability for your supply business.
We offer a suite of products that are specifically designed to assist Risk Managers on an hour-to hour basis.
ETRM
- Visualize your Mark-to-Market and Exposure Tracking.
- Simple Deal Capture.
- Intuitive Position Management.
Forecasting & Scheduling
- Scheduling, fully integrated with our Load Forecasting and ETRM products.
- Built in MAPE and Error Analysis.
- Forecasted Weather to improve accuracy.
Pricing Desk
- Versatile multi-market, multi-commodity pricing.
- Work-flow management.
- Automated custom pricing using precise cost build ups.
- Matrix/rack pricing.
Converged Energy
Phone Number:
(716) 247-6121Email:
info@convergedenergy.com