E-Risk Gas

Front office functions

Handling contracts

The definition of products, giving details of the quality and structure, is freely configurable via the product manager, so that user-defined price and quantity flexibilities can be displayed and combined with interrupt procedures and ToPs alongside standard products.  

In addition it is possible to combine these with price-indexed and fixed-formula contractual structures, meaning that E-Risk®GAS has the ability to map user-defined contractual structures.
The sequence of events in a deal can be tracked in the system through the awarding of a status for the transaction.  Each status is allocated appropriate rights.

A requirement for trading is that corresponding bookings of transport capacities are carried out at the relevant entry / exit points.  Trading options are supported by flexible administration in all marketing areas.
 
 

Analysing markets and prices

All users are able to access the markets and prices analysis section.  This offers the option of making the available information transparent in the different marketplaces and analysing market prices with suitable tools.  

Along with fundamental market analysis, charting is one of the most important methods of describing price trends.  As well as trends, resistance lines and support lines, the program can generate buy and sell signals.  

The dealer can not only choose which market data to analyse but also make use of more than 50 different charting techniques in order to get an overview of the wider development of the market.
 
 

Portfolio balance

It goes without saying that E-Risk®GAS is able to show the balance of the portfolio over any period of time, using cascading portfolio management.  Equally to be taken for granted is the hierarchical portfolio aggregation, so that several sub-portfolios of different types may be assigned to a main portfolio.  Short-term and/or daily planning is carried out via the Portfolio Balance module, enabling a summary of the status of the fulfilment of demand and showing tabular and graphic form how much of the calculated requirement is still to be covered. Furthermore, the administration and checking of the open capacities per balancing group, marketing area and/or entry/exit is carried out via the Transport Capacities module.

 

Position and prices

The Position & Prices module allows the user to calculate closed and open financial items, to carry out a break-even analysis of the portfolio over a freely definable period of time and to calculate profit and loss.  The evaluation of open items is supported by the calculation of the current Price Forward Curve.
 

Price Forward Curve (PFC)

Standard products (continuous supplies) traded on the gas market can be relatively easily mapped with a single price if they are not based on any price-indexed base formulae.  However, sales agreements cannot be fully mapped by standard products.  The Price Forward Curve Builder (HPFC) module enables optimum price analysis of consumption profiles and portfolios for any desired point in time or time period.  The PFC references the latest forward market prices by weighting factors based on historic day-ahead OTC market prices.  In the integrated model the freedom from arbitrage has of course been taken into consideration.