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Lacima, has won the Innovation of the year award at the Energy Risk Awards 2022 for the tools it has developed that address two significant analytical problems in LNG: firstly, how to value and understand the individual components of structured trades that have flexibility terms and embedded optionality; and secondly, how to optimise shipping schedules for a portfolio of LNG deals.
“We are thrilled to be recognised for our new solutions for LNG. In the current volatile market, the risks and opportunities for holders of LNG portfolios and holders of LNG flexibility are huge. With potentially billions of dollars at stake, understanding and valuing flexibility can make, or break, LNG businesses.
With our superior, innovative analytics at the core of this new world first offering, our new solutions enable players to exploit the optionality in their trades and to optimise their shipping schedules in a fast and flexible tool set. I wish to personally thank our exceptional team for once again addressing the most important emerging market driven issues.” commented Chris Strickland, CEO Lacima
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About the Energy Risk awards
The prestigious Energy Risk awards, now in their third decade, recognise excellence in financial risk management across the commodities sector. The awards are open to energy and commodities producers, traders and consumers, and all firms in between that facilitate risk management.
About Lacima
Lacima is multi-award winning specialist provider of software and advisory services dedicated to trading, valuation, optimisation and risk management for global energy and commodities markets. As part of EEX Group, Lacima helps customers maximise their profit potential and make more informed and confident decisions by providing superior innovative analytics that yield more accurate valuations, hedging analysis and risk exposure analysis for portfolios of complex financial contracts and physical assets. More information: www.lacimagroup.com
