Lightning Fast: Atoti for Energy Markets
Energy companies trade on the commodity markets in much the same way as banks and asset managers – and like them they have to calculate and manage market risk. What is specific to them however is how the variations of supply and demand in the underlying physical markets (oil, gas, megawatts…) introduce additional volatility to their trading.
French energy conglomerate Engie needed a solution to handle large volumes of data from volatile, global commodity markets with the ability to quickly deliver end-of-day market risk figures and reconcile PnL in their large energy trade portfolio.
Engie chose ActiveViam’s Atoti technology for its speed in performing calculations and for its ability to handle large data volumes and drill down to a particular trade.