The activity of CTM is heavily supported and driven by the concept of Risk Management. Specific and dedicated Risk Management department is operating in the Company, in constant and strict connection/interaction with all other Departments: Commercial, Operations, Financial.
Main tasks performed by Risk Management are as follows:
- Updating and analysis of the portfolio, Long / Short and Mark to Market
- Portfolio simulation. Market scenarios from both risk management and traders’ overviews are used for portfolio sensitivity (stress analysis) and portfolio simulations (structure analysis).
- Control and analysis of the exposure toward counterparties:
This activity is a result of the combination of different market levels and portfolio data. Counterparty Risk is regularly formalized in a report
- Market analysis and scenarios