SearchLacima is pleased to announce the successful implementation of Lacima Analytics for a leading US electric and natural gas utility serving millions of customers across Western and Midwestern states.
The implementation establishes Lacima Analytics as our client’s core commodity valuation and market risk analytics platform for their wholesale power and natural gas trading activities.
The project supports our client’s ongoing efforts to modernise their quantitative risk analytics infrastructure, introducing a dedicated, flexible and scalable platform alongside their existing ETRM environment.
Lacima Analytics provides our client with advanced capabilities for commodity valuation, position management and market risk analysis. The solution enables them to accurately model complex commodity structures, consolidate positions across trading portfolios, perform independent Mark-to-Market valuations, and measure market risk using multiple Value-at-Risk methodologies, including Parametric, Covariance Monte Carlo and Historical VaR.
The implementation also provides the flexibility to support our client’s evolving analytical and trading requirements through Lacima’s flexible contract modelling capabilities.
A key requirement of the project was to introduce the new analytics platform while maintaining continuity across critical valuation and risk processes during the transition from the legacy environment. Working collaboratively with our client, Lacima’s implementation team also developed additional contract types to support their specific requirements.
The successful implementation establishes Lacima Analytics as a modern and flexible foundation for our client’s commodity valuation and market risk analytics, creating a consistent analytical framework and single source of truth that supports greater transparency, confidence and efficiency across their wholesale energy activities as they continue to evolve.
