Products

Viz Risk Management markets and develops the Elviz ETRM product suite. Many of Europe's leading energy companies rely on Elviz ETRM for their trading and risk management operation, and view Viz Risk Management as their referable partner due to a unique combination of financial and energy expertise and software know-how.

Elviz ETRM is an effective and long-term solution to meet challenge of managing the risks in your energy operations profitably.

Trading & Pricing

Elviz ETRM allows rapid pricing of standard and non-standard contracts by using forward curves and volatility surface derived from quoted product prices. Both the forward curve and the volatility surface are arbitrage-free. The curves are calculated in real-time down to hourly, or lower, granularity (bid and ask) in multiple-currency, multi-commodity environment. Option contracts are valued using the volatility surface, based on bid-ask spreads of different quoted strikes to price non-quoted instruments.

Analysis

The Elviz ETRM system is designed for advanced analysis of business opportunities in complex energy markets. User definable reports and graphs can help to analysis risk and potential profits on instruments offered or on existing portfolios. The Elviz Data Manager toolset allows users to perform extensive analysis on historical data.

Risk Management

Elviz Risk Management tools are based on advanced standard static and dynamic analytical method tailored to the need of international energy markets. Among the standard features is calculation of "greeks" (option risk indicators) in real-time and the Monte-Carlo simulation of future forwards curves, consistent with today's forward, future and option markets. This allows simple risk analysis of complex set of financial instruments as well as underlying consumption and production.

Reporting

Elviz ETRM comes with flexible reporting solution for marking-to-market and calculating profit and loss (realised and unrealised), value-at-risk and cash flow at risk. As well as for analysing exposure and sensitivity and for viewing cash flows and physical balance with different hedge perspectives including realised data.

Market access and integration

Elviz ETRM takes information from different markets in real-time and Viz Risk Management continuously works to integrate new information sources, commodities and exchanges. This means that the system, where appropriate, automatically capture and updates transactions. The Elviz open interface solution is designed to interface with EDM-systems and standard corporate software such as SAP.