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Lacima provides decision makers in gas markets with the ability to effectively
value, measure risks and manage portfolios of standard and complex gas storage
and swing contracts together with their associated physical assets.
Accurate pricing of gas assets with single and multi factor models
Lacima's proprietary industry acclaimed models provide an accurate
representation of commodity price behaviour, with the ability to incorporate a
diverse range of parameters such as the effects of seasonality, mean reversion
and exposure to spikes, regional energy market differences, complex contracts
with embedded optionality and physical asset operational constraints.
Advanced methodologies for a diverse range of risk metrics
Lacima's gas risk management solutions provide a diverse range of risk metrics
such as value at risk, earnings at risk, profit at risk and potential future
exposure, generated from advanced methodologies based on Lacima's acclaimed
research.
Aggregation of risk metrics across gas storage and swing portfolios
Lacima's solutions for gas risk management provide the ability to aggregate
risk metrics across multiple commodities and regions, to provide a holistic
view of risk across portfolios. Lacima's solutions also provide the ability to
group risk metrics by any attribute (e.g.s. counterparty, book, trader contract
type), for any number of time periods and percentiles, as well as the ability
to jointly model several commodities and observe correlations between price
changes.
Consolidate cash flow reporting from financial and physical assets
To comply with global risk reporting standards, Lacima helps you to consolidate
risk metrics for financial contracts and physical assets within a single view.
Value, optimize and generate profits from gas
storage assets
Lacima's provides the ability to capture a greater range of parameters into
risk calculations (especially those linked to physical assets), value gas
storage portfolios at once with a holistic view of reporting on optimal
strategies, and obtain a comprehensive range of results including gas
injection/withdrawal distributions, scenario analysis, sensitivity analysis and
critical prices for sales/purchase decisions.
Value the flexibility of gas swing contract
portfolios
Lacima provides the ability to capture a greater range of constraints into risk
calculations, value portfolios at once with a holistic view of reporting on
optimal strategies and obtain a comprehensive range of risk sensitivities.
Reduce gas supply costs: spread option valuation, indexation and hedging
Lacima provides all you need to unlock the value in complex gas purchase
contacts, with the ability to estimate seasonal volatilities and correlations
between fuel types (an essential pre-requisite to accurate valuation), produce
multi commodity scenarios to calculate option payoffs and define new formula
directly for each contract's indexation and option pay-off matrices.
Modeling of retail load volatility around gas demand forecasts
Most retail loads in gas are closely related to either the weather or some
other diurnal supply or demand effect. Lacima's retail load model automatically
estimates this relationship and the residual variability relationship,
resulting in the future load outcome and simulates the variability in the load
over both short and long time frames around the load forecasts.
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Overview
