Contigo builds new connections
In a world in which we are being urged to be more physically disconnected, Contigo is helping to build new virtual connections.
In his latest interview with CTRM Center’s Gary Vasey, Contigo CEO, Simon Wheeler, explains how the company is working on new integrations for its ETRM software solutions.
Contigo is developing a Monte Carlo model of Value-at-Risk (VaR), which is being integrated into the company’s award-winning enTrader® ETRM software solution. Due to be released next quarter, the model uses an API to produce simulation prices and calculate correlation and covariance based on market price history data. This then combines with user-configured calculation parameters and a trade set to calculate and report risk.
In addition to this, a connector to the Intercontinental Exchange (ICE) has just launched, and Contigo will soon be launching a new EPEX M7 connector.
Read Simon’s interview with Gary Vasey here, and discover more about the greater connections Contigo is developing.