Better risk reporting doesn’t need an IT upgrade

Working across a patchwork of legacy IT systems is a constant frustration for many energy risk managers, but there are ways to improve risk estimates and reporting that don’t require a major IT overhaul, writes Kevin Kindall

Energy risk managers face a variety of unique challenges, not least of which is operating across large and complex IT systems. These systems often consist of several off-the-shelf packages that don’t communicate well, patched together with spreadsheets. Such architecture represents large investments in time and money and reflects the inherent complexity of the physical energy business. As