Manitoba Hydro Selects RiskAdvisory for Commodities Trading Risk Management

CALGARY (April 25, 2012) – Manitoba Hydro, one of Canada’s largest integrated electricity and natural gas utilities, has chosen RiskAdvisory’s SAS BookRunner v12 Commodity Trading Risk Management (CTRM) solution to provide business analytics and data aggregation capabilities to the export power middle office function of its Corporate Risk Management Department.

CFTC's O'Malia Speaks to Energy Traders at Dodd-Frank Event

CALGARY (March 14, 2012) – Scott O’Malia, commissioner of the Commodities Futures Trading Commission, will speak to energy traders about Dodd-Frank Act compliance on March 23 at the University of Houston’s Eighth Annual Trading Conference of the Bauer College of Business’ Global Energy Management Institute (GEMI). The talk, just days after the CFTC is set to explain key compliance elements such as definitions for major swap participants, swap dealers, and end users, is sponsored by RiskAdvisory, a division of business analytics leader SAS.

RiskAdvisory warns "speculators may shy away from energy trading" as regulatory requirements rise.

More regulations under Dodd Frank, MiFID, EMIR may prompt financial trading houses to shy away from commodities. Trading on less liquid market hubs for gas and electricity may take a battering once the new regulation comes into force in 2012.

RiskAdvisory Strengthens Dodd-Frank Compliance Focus

CALGARY (February 28, 2012) – RiskAdvisory, a division of business analytics leader SAS, today announced it is strengthening its market-leading Dodd-Frank regulatory response with the addition of Patrick Woody as Senior Strategist for Regulatory Risk Compliance.  Woody comes to commodity trading and risk management (CTRM) solutions provider RiskAdvisory from parent company SAS, where he assisted energy and utilities companies with risk management and regulatory issues.

RiskAdvisory's Louis Caron, its global executive lead for energy and commodity risk, warns policymakers about the unintended consequences of new regulatory rules in both Europe and the United States, in an article appearing in the online Gas to Power Journal. In the news story, Caron says "The largest impact we see, based on what we hear from our clients, is that it will take quite some time and effort to organize all the data required to be reported to regulators under MiFID and EMIR. Similar reporting requirements are being issued in the U.S. as a consequence of the Dodd Frank act." See the entire article here.

RiskAdvisory Brings Next-Gen Data Aggregation and Analytics to EMART Energy 2011

Commodity trading and risk management solution providers from RiskAdvisory, a division of SAS, will be at the EMART Energy 2011 conference in Lyon on November 23 to assert that the energy industry must quickly work to integrate its disparate data sources in order to gain more insights into their operations and risk profiles through business analytics.

Commodity Point Analyst “Impressed” with RA Vision

Patrick Reames, a lead ETRM/CTRM analyst at the research, analysis, and consulting services company Commodity Point, visited Calgary earlier this month and  then provided his blog readers with new insights into the RiskAdvisory Energy Commodity Risk Aggregation and Analytics (ECRAA) approach. Reames says, “Their solution is very timely in that the rapid evolution of the energy markets, combined with the emerging Dodd Frank regulations, are driving a number of medium and large scale energy companies to undertake “rationalization” programs – that is trying to improve cross asset/cross portfolio information exchange and aggregation, while simultaneously reducing the complexity of the technical architectures within their trading organizations.” See Reames’ entire blog entry here.

RiskAdvisory’s Charlie Sanchez is Speaking on Credit Risk at IECA Conference

Charlie Sanchez, the Senior Industry Consultant for RiskAdvisory, is providing his thoughts on the topic of “Managing Credit Risk At the Portfolio Level,” at the 87th Annual the International  Energy Credit Association Conference on Tuesday, Oct. 11. More information about the conference is available here. Sanchez is seeking to provide attendees with insight into types of risk, the management of long- and short-term risks, and overall management of a credit portfolio. 

EnergyRisk Magazine Features Comments from Charlie Sanchez on Reporting for Dodd-Frank
The industry leading EnergyRisk magazine tackled the impacts of complex new reporting requirements for Dodd-Frank in their “Ready to Report?” feature story in the August 2011 edition. RiskAdvisory’s Charlie Sanchez proposed numerous contributions to the article, including the need for much more comprehensive at-risk metrics to monitor market relationships for commodity markets and trade types. Click here to download the entire article.

SAS to Sponsor 2011 Risk Networking Summit
SAS RiskAdvisory has long recognized the valuable role the CCRO plays in developing best practices for risk managers, a task that is vital in the prevailing climate of volatility and uncertainty. We are honored to be the CCRO’s Premier Partner for the Risk Networking Summit being held in Houston, from September 21-23. This important and highly focused summit brings together the best minds in the risk management profession, including financial officers or  those responsible for providing support to Risk Officers in the energy industry. The Summit will discuss topics like “New Regulations & Risk Managers’ Perspectives on Implementation,” a particularly important to RiskAdvisory as it unveils its Dodd-Frank solutions for compliance and optimization. Learn more about the CCRO conference here.

Charlie Sanchez Joins RiskAdvisory as ETRM Industry Consultant

Deep industry background enhances RiskAdvisory focus on using advanced ETRM tools for risk aggregation, data management and analytics

CALGARY (August 10, 2010) – RiskAdvisory, a division of business analytics leader SAS, today announced the hiring of Charlie Sanchez as an Energy Trading & Risk Management (ETRM) Industry Consultant focusing on oil and gas trading operations.

Experts Offer Insights on How Energy Companies Should Manage Shifting Regulatory, Legislative and Business Priorities on Emissions and Climate Change
CALGARY (June 22, 2010) – RiskAdvisory, the energy trading and risk management (ETRM) division of business analytics leader has gathered leading experts in emissions markets, regulation and legislation to help energy and utility companies understand the implications of fast-changing concerns and prospects for carbon trading and compliance. The resulting hour-long webcast is now available at RiskAdvisory.com.

RiskAdvisory prepares customers for 2010 upturn with risk aggregation focus, enhanced solution

CALGARY (May 20, 2010) – The major market upheavals of the past two years have demonstrated the value of enterprise-wide risk aggregation, according to RiskAdvisory, a division of business analytics leader SAS, whose SAS® BookRunner® v12 helps energy companies speed their reaction time to unexpected external events such as the collapse of investment banks, hedge funds or other large counterparties.

Fortune magazine ranks RiskAdvisory parent SAS as Best Company to Work for

CARY, NC  (Jan. 21, 2010)  –  SAS, the leader in business analytics, is No.1 on FORTUNE magazine’s annual “100 Best Companies to Work For” list. SAS was listed as one of the best for health care, child care and work-life balance.

Public Utilities Fortnightly magazine reports on RiskAdvisory’s BookRunner v12

RiskAdvisory, a subsidiary of SAS Inc., released its latest ETRM platform, BookRunner v12, in November 2009. Like other enterprise system suppliers, RiskAdvisory built BookRunner on a flexible, service oriented architecture (SOA) platform—which opened the door for the company’s growth as the energy market evolves.

SAS, the parent company of RiskAdvisory, grows 2009 revenue to $2.3 billion

CARY, NC  (Jan. 21, 2010)  –  SAS, the leader in business analytics, achieved global revenue of US$2.31 billion in 2009, up 2.2 percent over 2008 results. Despite poor economic conditions, SAS maintained its unbroken chain of growth and profitability for 34 years since the company was founded.

RiskAdvisory Launches SAS® BookRunner® v12, A ‘New ETRM Paradigm’

CALGARY, ALBERTA (Nov. 17, 2009) – Energy companies and trading organizations have struggled to find the right tools to quickly and precisely capture, analyze and model their commodity portfolio’s total market risk and credit exposure, and just as efficiently dig down to review the details. Where internal risk systems, spreadsheets and traditional software solutions have complicated that task, RiskAdvisory, a division of SAS, has simplified data gathering, analysis and decision-making with the launch of SAS® BookRunner® v12.