Resolved the discrepancy between the P&L that was forecasted Intra-Month versus Actuals. Diagnosed the causes and provided effective solutions that resulted in a 25% reduction on the variance.
VaR re-implementation involved capturing FTR positions as part of the existing risk portfolio. Our consultant used their experience and business knowledge to calculate undiversified and diversified VaR, and liaised between the Client and Vendor to automate a Value at Risk (VaR) process within the application.
Our client, one of North America’s largest power producers, was in the midst of a corporate merger with another large power producer. Our client needed to integrate the acquired company’s ETRM system (Endur®) into our client’s ETRM system (Zainet®/Aligne™).
MidDel Consulting was engaged to perform an independent evaluation of the effectiveness of the current front office's processes and tools, including the existing suite of products and the related ecosystem.