Providing a roadmap for building a ‘best-in-class’ trading analytics capability
Commercial Advisory – Oil
The Engagement:
Commercial advisory
The Client:
International Oil Major (top 5 globally)
The Challenge:
The company was implementing an asset-backed trading strategy and needed to develop its global quantitative analytics and structuring capabilities to value and support new commercial activities
Duration:
12 months
How Energex helped:
- Identified ‘best-in-class’ approach to resourcing and organisation as well as tools and systems by conducting a thorough peer review across the oil, banking and hedge fund sectors
- Held a series of targeted interviews with Senior Leadership, Traders, Asset Optimizers and other stakeholders, which allowed for further knowledge transfers in order to aid acceptance of the ‘new’ analytics function
- Produced a comprehensive operating model for the new analytics function
- Identified areas of specific opportunity for the organisation where optionality was not being fully ‘mined’ as well as unexplored ones
- Developed a detailed execution plan which was fully aligned with the company’s specific aims, culture and risk appetite
Tangible Impact:
- A phased implementation plan for the gradual build-out of the analytics plan was approved, leading to valuable early wins and buy-in by the key stakeholders
- The establishment of an industry-leading ‘roadmap’ for the long-term development of analytics as an enabler of asset-backed trading
- Facilitated the acceptance of a more structured and disciplined approach to valuing and ‘mining’ commercial opportunities in a fully integrated global trading business and the valuable role of quantitative analytics in this process
- Helped the organisation to get to understand acceptable risk levels for the stated objective