Software
ProFin™ Risk is a multi commodity Energy Risk application that calculates Value at Risk (VaR). The system was developed in response to our customers need for a basic risk system with audit functionality that is easy to use. The result is a system that minimizes the resource needed for the daily risk calculation; which in turn, changes the focus from calculating risk to managing risk.
User Friendly Interfaces
ProFin™ has three main user friendly web interfaces - one for market prices, one for positions, and one for risk calculation. To minimize manual work, the system relies on predefined defaulting and templates along with automatic upload of prices & positions.
Risk Methodology
ProFin™ Risk calculates component VaR and a diversified VaR using the Delta-Normal method published by Risk Metric Group. This method calculates VaR using commodity prices & positions, volatilities, correlations and risk statistics. The application calculates volatilities and correlations using exponentially weighted historical prices.
Risk System Operations
To minimize resources required for implementation and operations, ProFin™ focuses on middle office functionality, uses web based technology and has a user friendly design. The result is a reliable application that requires days instead of weeks or months for implementation and minutes rather than significant resources for daily operations.
What our Customers Say
Our clients include some of the leading companies in the energy industry. To learn what our customer say please click here
To learn more about ProFin™ Risk or schedule a product demonstration please contact us via or +1 832 623 6242.