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 businesses evolve, the architecture is modified and expanded in an attempt to incorporate the changes. In

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