Our primary focus area is that of credit risk, when applied to commodity and energy trading. Types of client include oil traders, other commodity and energy traders, utilities, and the commodities and energy trading departments of financial institutions.
We cover the entire gamut of credit, operational and analytical, spanning counterparty appraisal, exposure management, mitigation and security, trade finance, potential future exposure and CVaR. Our unique set of skills allow us to apply the realities of the physical commodity world to the latest credit techniques.
Coherence only provides high quality consultants that have genuine experience. By providing pragmatic, practical support to our clients, we ensure that our delivery is of exceptional value.
Credit risk in physical commodity trading Physical commodity trading presents interesting challenges in credit risk, due to the event based nature of the exposures. We have extensive experience in the intricacies of measuring and managing credit risk when applied to physical commodity trading as well as paper based trading and have supported a pioneering roll out of a global system from conception through to implementation.
Credit operations in commodities, energy and banking Running a credit operation in the world of commodity and energy trading requires efficient processes to deal with the complexities of credit operations, whether appraising counterparties, managing limits or exposure mitigation. We help our clients introduce systems that support optimal processes, more efficiently using resources, reducing errors and the potential for control incidents, as well as improving capital utilisation. We have a particular focus on the credit processes and exposures that occur in energy and commodities, whether physical or financial.
Enterprise portfolio level credit risk and pricing Creating a portfolio level credit risk solution, whether for a financial or a physical portfolio for energy and commodities, is extremely challenging if it is not addressing using a strategic approach. The levels of complexity involved in producing accurate and yet scalable analytics, which reflect the true nature of the portfolio requires planning combined with the ability to deliver. We help our clients create a strategy to address their analytics needs, which can be delivered incrementally so that it provides useful benefit when required.
