Downloadable Excel spreadsheet matrix of energy trading and commodity terms and systems, commodities, derivatives and risk. (c) 2009 by Philip Green

1. Energy trading risk ENERGY TR
management system
features
Allegro Algorithmics ArcIT Caminus Excelergy
Real-time transaction
1 management
2 Quoting
3 Reporting
Connectivity to market
4 operators
Extrapolation and
5 interpolation
6 Pricing
7 Billing
Revenue cycle
8 management
Drill-down into data for
9 decision support
10 Multiple commodity
Manage information
throughout lifecycle of
11 the contract
12 Forecast volumes
13 Net Valuation
14 Allocations
15 Force majeure
Counterparty
16 concentration
17 Liquidity
Settlement, physical
18 and financial
19 Invoicing
20 Scheduling
21 Trading/transacting
22 Forecasting
23 Structured contracts
24 Execution
25 Structured deals
26 Emissions
27 Green energy
28 Power
29 Gas
30 Accounting
31 Transportation
32 FAS 133
33 FERC and regulatory
34 Ease of implementation
Support and
35 maintenance issues
36 Cost of ownership

2. Transaction cost
37 analysis
38 Scalability
Flexibility and
39 configurability
40 Risk modelling
41 Volumetric exposure
42 Data vendors
Connectivity to reduce
integration and interface
43 issues
44 Nomination
45 Logistics
46 Decision support
47 Inventory
48 Production output
49 Counterparty credit
50 Portfolio positions
51 Imbalance management
52 Multiple pricing options
Integration with market
53 data providers
Link and connectivity to
54 exchanges
OTC markets and
55 participants
56 Audit trail
Compliance and
57 surveillance
58 Position reporting
59 Central data repository
60 ISDA documentation
61 Real-time calculations
62 Historical data
63 Batch processing
64 Ad-hoc reporting
Data warehouse
65 integration
STP and flow-through
middle ofice and to back
66 office
67 Cancel and corrects
68 Funding liquidity
69 Position concentration
70 Trade notifications
71 Technical analysis
72 Fundamental analysis
73 Notional quotation
74 Contract specifications
75 Basis pricing
Transporation cost
76 management

3. 77 Supply exposure
Prompt month and near
78 month exposure
Production quantity by
79 business units
80 Hedge exemption
Pre-trade and post-
81 trade compliance
82 Risk monitoring
Integration with
83 downstream systems
84 Error and process logs
Web browser/Web-
85 enabled
86 Secure access
87 Physicals
88 Swaps
89 OTC options
Futures and exchange
90 traded options
91 VaR
92 Real-time P&L
93 What-if Analysis
Sarbanes-Oxley
94 compliance
95 ClearPort clearing
96 Platt's pricing feed
System availability -
97 down-time metrics
Consolidated global
98 trading platform
99 Deal entry
100 Credit control
Allegro Algorithmics ArcIT Caminus Excelergy
Energy trading life cycle
1 Deal details
2 Deal capture
3 Credit checks
4 Exposure reports
5 Contracts administration
6 Completed contracts
7 Shipping
8 Operations
9 Load details
10 Actuals details
11 Inventory management
Transportation cost
12 control
13 Freight cost

4. 14 Invoicing & Costing
15 Accounts receivables
16 Accounts payable
Sales, revenues and
17 costs
18 P&L Reporting
19 Risk management
20 Margins calculation
c. 2009 Philip Green

5. ENERGY TRADING RISK MANAGEMENT SYSTEMS VENDORS MATRIX
Global Energy/ Open Link TradeCapture,
EnerXDevelopment Kiodex Murex OATI
KWI Endur Inc.

7. Global Energy/ Open Link TradeCapture,
EnerXDevelopment Kiodex Murex OATI
KWI Endur Inc.

9. RIX
SunGard
TriplePoint Sakonnet Siemens SolArc Zai*Net
Energy

11. SunGard
TriplePoint Sakonnet Siemens SolArc Zai*Net
Energy

13. Energy Trading and Treasury - Risk, Valuation and Exposure Matrix
Reporting Compliance Business Intelligence
Decision support package FSA - Finanial Services Authority Data Governance
CFTC - Commodity Futures Trading
End of day reports Commision Reference Data
Summary Compliance
Information LTO - License to Operate Exposure calculation
Open Interest FEA Business rules
FERM - Financal and Energy Risk
Summary Gross Exposure Management Actual reports, layouts
FERC - Federal Energy Regulatory
Net Exposure Commission Ad hoc queries
Hedge Exemption Application
Report NFA - National Futures Association Operational Data Store
NASD - National Association Securities
Dealers Limit management
FASB - Financial Accounting Standards
Real-time risk management Board Real-time risk management
Drill Down Reports FINRA Price discovery
International Energy Agency -
SOX - Sarbanes-Oxley IEA
Forward-looking Position
Reports FAS 133 Price data
Front Months GAAP Open Interest
Spot Market prices SEC - Securities Exchange Commission Spot Market prices
Liquidity IFRS Commitment of traders
Deal level Data Historical Market Data
Energy Information
Risk
Administration - EIA
BP Statistical Review
Gross Long and Short
Positions Credit exposure Indicative data
Volumetric Position Reports Risk adjusted rates of return Time series data
Daily Exposure Summaries Credit worthiness News and other feeds
Profitability of commodity-based
Supply Report (Asset) investments Data warehouse
Production Report (Petroleum,
Hydrocarbons Hedge and risk policy Accurate master data
Inventory (Delivered Deals) Global energy markets risk Market Data
Longest Long/Shortest Short Country Risk Instruments

14. Consumption Political risk
Production Report (Petroleum,
Hydrocarbons Real-time risk management Futures
Trck Rack (Marketing) Currency risk Options
Inter BU Bulk Credit risk (default) Swaps
Deferrals Deferral Paper Deals
Full Settlement Cash Flow at Risk Tolling contracts
Exchange Report (NYMEX -
Pricing and Calculating VaR
product specific) Contracts for differences
Physical delivery PnL deviation Green certificates
Volumes Sensitivity analysis Bilateral
Trans-Adriatic pipeline What-if analysis OTC
Renewable energies Parametric value at risk Exchange-traded
Hydroelectric Deal capture Country Spread
Nuclear Novation Product Spread
Consolidation Black-Scholes Cross-border
Natural gas pipeline FX FX
Procurement Monte Carlo simulations Tolling agreements
Deregulation Brownian motion Capacity agreements
Trans--European Energy
Netwoirk Gaussian Caps
Fee types Hull Floors
Historic Prices variance-covariance Strips
Holiday schedules Historical simulation Carbon credits
Index locations Extreme value theory Heating Degree days
Index subgroups Profit at Risk Cooling Degree days
Indexes Volume risk Synthetic positions
Netting Agreements Weather risk Interest Rate Swaps
Operation Services Liquidity risk EUA Forwards
Settlement Instructions Stress testing CER Futures
Settlements Earnings at risk Metal Swaps
STP Exceptions Cash flow at risk Metal Options
Trade Blotter Principal Components Analysis EUA-CER Swap
Trading terms PCA Term Forward
Units Forward prices Imbalance
Batch simulation Forward Electricity price curve Electricty
Broker and Fee setup Volatilities Hybrids
Energy delivery Correlations Base Metals
Tax events Turbill Wakeman Exchange for Physicals
VAT Kirks approximation ECX
Pipelines Multi-variate normal EUA Contract Code ©
Zones Historical sampling Exotics
Locations Regime switching Forwards
EOD Binomial Tree CO2 Allowances
BOD Trinomial Tree ERU
Confirmations Lattices Emissions Reduction Unit
Currencies Forward curve CER
Electricity Delivery Implied Volatility Certified Emission Rights
Deal Modeling Parameter estimation EUA

15. EOD Queries Mean reversion European Union Allowances
EOD Simulations Hedge transactions ETS
Inventory treated` as "LONG"
Exchanges
position report Emission Trading Scheme
Supply Exposue reports
Inventory + Net Change Natural Gas Exchange - Canada Forwards
Limits reports Tokyo Commodity Exchange Crack Spreads
"Wet" deals - physical delivery FT IDC - Financial Times Interactive Data
reports Corporation "Wet Deals"
Financial deals - cash settled
reports Reuters EFP
Trading calendar NYMEX - New York Mercantile Exchange RBOB
Physical and Paper
transactions Intercontinental Exchange Electricty
Supply - and Market based
Activity Chicago Mercantile Exchange Weather Derivatives
Crude and Product-related
trading Chicago Board of Trade Congestion pricing
Initial Inventory report Commodity Exchange Grids
Commodity Research Bureau Index - CRB Master Agreement
Ins = Actual Production and
Bulk Receipt Dow Jones-AIG Commodity Index EU ETS
Outs = Bulk Delivery and European Union Emissions
Refinery Run MISO Trading Schemes
Accurate master data ERCOT Carbon credits metric tonnes
Front and Near Month
Exposure PJM Interconnection Cap and trade
EEX - European Energy Exchange -
Credit limits Germany Power
Credit Use Rogers International Commodities Index Carbon C02
Volatility definitions Clearport Emissions
Trading partners GLOBEX Cascading futures
Brokers FEA Calendar Strips
Exchanges COMEX EUA-CER Spreads
Pipelines Nordic Exchange Index Trades
Risk Exposure Defintions NORD Pool Volume Swaps
Market Risk Use Deutsche Bank Liquid Commodity Index Volatility Swaps
Price Curves Kansas City Board of Trade EUA
Indexes London Metals Exchange CER
Risk Limit Checking New York Board of Trade European Union Allowances
Credit Risk GSCI - Goldman Sachs Commodity Index Certified Emission Reductions
EUREX European Derivatives

16. RTO - Regional Transmission
Organization
LIFFE London Futures and Options
MATIF French Futures and Derivatives
SIMEX - Singapore Mercantile Exchange
TIFFE - Tokyo Futures and Options
Tokyo Stock Exchange
OTCCL - OTC Cleared
SGX - Singapore Exchange
NYMEX - New York Mercantile Exchange
Chicago Mercantile Exchange
© 2009 Philip Green

17. and Exposure Matrix
Counterparty Trade Management
Credit Mark to market
Bi-lateral transactions End of day report
Over-the-counter
markets Contract management
Clearing and settlement
Futures exchanges risk
Credit quality Confirmations
Ratings VaR
Real-time credit control
and monitoring Position Management
Limit management Limits and Controls
Real-time risk Real-time risk
management management
Price Discovery Accurate master data
Derivatives accounting Derivatives accounting
Trade capture
Enterprise Functions Deal level
Limit management
Book level
Treasury Pricing engine
Asset Management Portfolio level
Derivatives Group level
Logistics, Nomination,
Scheduling Trade workflow
Accounting (Settlement,
Billing & Invoicing) Blotter
Hedge Funds Trade entry
Risk repository
Infrastructure
(consolidated risk)
Real-time risk
management Treasury
Inter-connected, scalable
Cross Asset applications
Business to Business
and Business to
Customer interfaces
Common, shared
(Transmission,
integration of applications
Pipelines, Storage,
to reduce costs
marketing, customer
database and vendor
management)

18. Crude Error handling
Crude Products Data mapping
WTI Message monitoring
Shared maintenance
Brent services
Sweet Deferrals
Sour Full Settlement
RBOB Gasoline Futures Audit
LNG Asset Development
Softs Natural Gas procurement
Metals Electricty portfolio
Agricultural products Natural Gas Portfolio
Precious Metals Exchanges
Oil Brokers
Coal Trading
Base Metals Asset Management
Copper Origination
Aluminum Structured Products
Precious Metals Structured solutions
Gold Energy rading analysis
Silver Natural Gas Marketing
Structured trades Wholesale Customers
Spots Counterparties
Directionals Logistics
Spreads Confirmations
Capacity Settlements
Optimization Delivery schedules
Cross-border trades Settlements Desktop
Cross-commodity trades Invoicing
Green certificates Accounting
Openlink Account
Certificate Verdi Manager
Origination AcuRisk
Peak QRM
Off-peak Nostro
Hybrids Vostro
Power Term Forwards Counterparty accounts
Location Swap Discount Indexes
Transport deal Parties
Brent Crude Futures Portfolios
Gas Oil Futures Project Indexes
WTI Crude Date sequences
Heating Oil Credit exposure
Entry Capacity
Exit Capacity Confirmations
Storage Currencies
Guarantees of Origin Electricity delivery
LECS EOD Queries

19. Levy Exemption
Certificate System EOD Simulations
RECS Deal Modeling
Renewable Energy Real-time risk
certificate System management
Unleaded Gasoline Energy Trading Risk
Management
Propane
Naptha Openlink Endur
Gasoline Sungard
Jet Fuel Allegro
Gas Oil Kiodex
Diesel Fuel Triple Point
Lubricating Oil gMotion gas scheduling
Heavy Gas Oil cMotion ©
Crude Oil pMotion ©
Residual Fuel SolArc Right Angle
Palladium Murex MX.3 v1
Lead Calypso
Nickel Reval
Natural Gas Encompass
Gas-fired combined
cycle power plants OATI
Plastics SAS
Polyethylene TradeCapture
Polypropylene AcuRisk
Power Connex
Tin Algorithmics
Zinc Commodity XL
Calypso energy
Ethanol derivatives
Openlink Settlements
Desktop - module of the
Electricity Openlink Endur system
providing invoicing and
settlement functionality
Openlink Endur EEM
European Emissions
Gas Europe Model ©
Rotterdam Coal Nucleus
Richards Bay Coal
Futures Entegrate

21. Energy Commodity Products - Europe
Emissions
EUA Forward Power Oil Coal Gas
(EUA, EU Forward Standard Brent Crude
Allowances) Profile Futures Rotterdam Coal Futures
Richards Bay Coal
EUA Spot Spot Gas Oil Futures Futures Spot
EUA Futures (CER Capacity
CER Forward WTI Crude Swaps Forward
Certified Emission
Reductions) Transport Heating Oil Entry Capacity
RBOB Gasoline
CER Spot Term Forward Futures Exit Capacity
CER Futures Country Spread Swaps P2P Transport
EUA Average Out Product Spread Swaps
Forward Custom Contracts for
EUA Interest Yield Profile Differences
EUA CO2 Loans VPP Location Swap
EUA-CER Swaps Option Standard Storage
EUA Lending Generator Long-term Contract
Pumps Fee
Swaps Imbalance
Futures VTP
OTC Cleared LNG
© 2009 Philip Green

22. cts - Europe
Freights Greens Metals
Guarantees of
Futures Origin Base Metals
Certificate Verdi Copper
LECS Aluminum
Levy of Exemption
Certificate System Precious Metals
RECS Gold
Renewable Energy
Certificate System Silver
Power Platinum
Palladium