For clients desiring tailored systems to collect data, measure risks, and customized report capabilities, Pace’s solutions can utilize existing capabilities integrated with supplemental risk software. We developed RiskSpectives®, a web-enabled system that can be mobilized more rapidly than most in-house applications. The RiskSpectives® system can be configured in numerous ways to match each client’s objectives.

The system integrates a high capacity SQL-Server database with a flexible user interface in order to provide high computational speed and data-handling efficiency. All the while, clients can customize the system to provide quantitative risk measurements for portfolio-specific risk factors and book structures.

Analyses and risk assessments, including EaR / VaR, on client-provided fuel & power requirements, hedge positions, and financial data are based on widely accepted methods for parametric risk modeling using forward market prices, volatilities, and correlations maintained by Pace. In addition to input and output screens allowing clients to record and review their own transactions, the RiskSpectives® system also provides a suite of standard and customizable reports accessible to clients in real time in either PDF or Excel formats.

Additional functionality within RiskSpectives® allows clients to perform detailed option analyses, monitor credit exposures, perform “drill-down” analyses of specific positions, and assess the portfolio effect of potential hedging decisions.