Trading and Risk

Working From Home For the Holidays – Tips for Risk Analysts

byLaura Blewitt

As most risk analysts know, it’s difficult to truly observe a local holiday at home when your company does international trade deals with countries all over the world.

It’s scarcely any different for those of us who work in the business of distributing, collecting, or analyzing market data. The imports, exports, and pipeline flows you need to analyze don’t stop coming in because it’s a holiday. And neither does the data that Enverus delivers.

This fact of the business was all too real for some of us over the past Thanksgiving holiday. The Friday after Thanksgiving may seem to be a sacred holiday to us in the United States, but the rest of the world is still open for business.  As my American colleagues and I struggled through Teams meetings on the Monday morning after a long weekend, one admitted he got pulled back in to his work-from-home office due to the non-stop and global nature of our business.

This year, most of us will be staying home for the holidays. And for some of us, this means working from home for the holidays, probably for the first time ever. Striking a work-life balance in 2020 has been a delicate tightrope walk, especially for the members of our workforce who also happen to be raising families.

How can energy analysts and traders strike the right balance – especially during the busy end-of-year season when family time matters most?

  1. Make the most of automation – cut down on process

    When it comes to forward curves risk management, it’s pretty simple: if your forward curves aren’t automated, you’re doing it wrong. Maybe you’re manually managing dozens of individual data integration points, or using multiple Excel spreadsheets with cross-workbook references to generate curves. Ask yourself, why? Your time is precious, and there’s a faster way.

    We recently presented a public demo of our CurveBuilder technology, which shows how quickly anyone on the trade floor can create a new and complex curve. Our team also showed how forward curve formulas can be quickly updated and edited between traders and analysts. You can watch the full presentation here.

  2. Get holiday calendars in line (and automated)

    In commodity markets, missing a calendar roll can cost analysts and traders big. It’s no small task to maintain and manage the various market calendars that are ever changing, rolling and taking bank holidays.

    Enverus Calendar Manager changes that and takes away all the stress of aligning calendars in order to create accurate forward curve analysis. Watch our demo and skip to 19:30 to get straight to CurveBuilder calendar feature that literally makes our customers cheer!

  3. Save time on end-of-year audits – track every change

    Risk managers and traders know all about how important it is to get thorough audits done in a timely matter. For the risk managers who are tasked with identifying every possible market risk and must maintain a mitigation strategy that is constantly updated and provided to executive teams,
    CurveBuilder’s audit trails are a business necessity.

    With CurveBuilder, risk analysts and traders are beginning to see how much easier forward curve risk management can be. The tool is easy to use; and users find the sophistication of simplicity when using CurveBuilder to assemble forward curves.

    Bringing an enterprise-wide solution to your trade shop – and one that helps everyone in your organization thrive, even while working from home – can take months to consider and approve internally. To get a more digestible idea of what’s possible with CurveBuilder, try signing up for our proof of concept.

Picture of Laura Blewitt

Laura Blewitt

Subscribe to the Enverus Blog

A weekly update on the latest “no-fluff” insight and analysis of the energy industry.

Related Content

Energy Transition
ByCarson Kearl

This past week two companies in the advanced reactor space went public. Oklo Inc. (NYSE: OKLO) and Nano Nuclear (NASDAQ: NNE) had mixed opening days, with OKLO seeing nearly a 50% price drop from open and NNE trading up well...

Enverus Press Release - Tapping Alberta’s overlooked lithium brines
Energy Transition Intelligence
ByMatthew Keillor, Editor, Enverus Intelligence

Equinor is acquiring 45% stakes in two of Standard Lithium’s direct lithium extraction (DLE) projects in the Smackover Formation in Southwest Arkansas and East Texas, less than a month after closing the book on its U.S. onshore shale operatorship.

Enverus Press Release: Beyond the horizon: US solar and storage solutions are on the rise
Power and Renewables
ByMarie Amice

Learn how Enverus Contiguous Acreage enhancement simplifies parcel discovery, making negotiations easier and projects more viable.

Power and Renewables
ByColton Wright

Harnessing Sunlight and Soil As the early morning light filters through the countryside, you find yourself on a quiet rural road. You’re sipping coffee and humming your favorite tune. You’re on your way to see loved ones, explore a national...

Power and Renewables
ByBryan DiRenzo

In the United States, the anticipated load growth and the retirement of aging plants to meet state mandates are creating a compelling narrative for the expansion of battery storage infrastructure.

Enverus Press Release - Load impact imminent: Data center growth at the mercy of power supply constraints
Energy Transition
ByJeffery Jen

On March 25, 2024, the EPA released its final rulemaking on the update to 40 CFR Part 60 implementing its New Source Performance Standards for New, Modified and Reconstructed Fossil Fuel-Fired Electricity Generating Units.

Energy Transition Intelligence
ByMatthew Keillor, Editor, Enverus Intelligence

In March 2021, the Biden administration set a goal of deploying 30 GW of offshore wind capacity in the U.S. by 2030. These efforts have faced significant growing pains.

Enverus News Release - Defying peak oil predictions
Trading and Risk

Crude and product stocks are currently at levels that suggest Brent should be ~$85/bbl.

Energy Transition Power and Renewables
ByPrashant Kumar

The pace of electric vehicle (EV) sales growth has slowed down based on the most recent North American EV sales data.

Let’s get started!

We’ll follow up right away to show you a quick product tour.

Let’s get started!

We’ll follow up right away to show you a quick product tour.

Sign up for our Blog

Register Today

Sign Up

Power Your Insights

Connect with an Expert

Access Product Tour

Speak to an Expert