Digital Advisory

Digital Advisory

Representative Services

  • Commodity trading and risk management (“CTRM”) system support
  • Business requirements and technical specification development
  • User acceptance testing
  • Robotic process automation
  • Agile software development support
  • Product development leadership

Case Studies

Customized Risk System Development

A large management consulting firm was interested in developing a managed service for commodity companies.  The objective was to create a commodity analytics capability supported by a technology application.  This was accomplished through the following activities:

  1. Developing a business case for the new service offering
  2. Identifying resource requirements and establishing a development budget
  3. Building and offshore team to support the technology development
  4. Standing up an Agile approach, including training
  5. Designing the user experience and key use cases
  6. Establishing success criteria for Minimally Viable Product 1 (“MVP1)
  7. Designing and implementing Sprint 0 through MVP 1
  8. Identifying and train commercial / business analyst team
  9. Achieving MVP1, on-time and on-budget

This approach resulted in a operational CTRM system within 6 months and allowed the consulting firm to go-live with its managed service.

Hedge Strategy Simulation Tool Development

A small boutique risk advisory practice was engaged by a client to develop a multi-commodity hedge strategy simulation tool.  The tool required the ability to simulate different hedging and trading strategies across historical periods.  The goal of the tool was to evaluate the impact of hedging/trading strategies on the mitigation of market risk.  The tool was designed to simulate any combination of natural gas, fuel oil, coal, power, and other commodities.  Upon successful development of the tool, it was converted into a cloud-hosted, multi-user product to allow both project personnel and client personnel to use the tool to simulation the effectiveness of different hedging decisions protocols.  This helped determine the appropriate level of risk mitigation for different strategies.