White Papers Importance of Price Curve Management In A More Reg | Page 6

The Importance of Price Curve Management In A More Regulated Commodity Trading Environment methodology. In combination with other products and services delivered by DataGenic, it meets all of the above requirements and includes comprehensive workflow, data versioning and corrections reporting. DataGenic is also a data aggregator offering over 400 data feeds to its clients. In fact, Data- A ComTechAdvisory Whitepaper Genic has built and delivers a suite of applications that handle everything related to data management from cleansing and validation of data to powerful charting and visualization tools to examine and drill down into that data. SUMMARY Commodities trading businesses are extremely complex and are increasingly subject to regulation, transparency and reporting. Funding banks and outside investors are increasingly aware of both the compliance issues and of the risk posed by trading, buying or selling physical commodities and commodities futures. Increasingly, they demand and expect that risk is well managed and that the data utilized by the risk systems is verifiable, defendable and trustworthy. Price data and forward curves are a key and central component in this new era of compliance and transparency and all trading firms now need to ensure that they have a comprehensive, explainable and defendable approach to gathering, calculating and maintaining this critical information, underpinning their transactions and valuations. Under such circumstances, a robust and fully transparent data and curve management application architecture is no longer a luxury option, but rather a base requirement. Under such circumstances, a robust and fully transparent data and curve management capability, such as that provided by DataGenic’s CurveBuilder product, has become a necessity for those trading organizations that find themselves increasingly under the microscopes of regulators, stakeholders and financiers. © Commodity Technology Advisory LLC, 2015, All Rights Reserved.