Who We Are
Based in the City of London, Skew Vega designs and builds systems for risk management and derivatives trading for firms trading in the global energy and financial markets.
We are growing a team of dedicated professionals to lead the way in the next generation of applications dedicated to risk management, and derivatives pricing and trading.
We are experts in helping companies transition from small spreadsheet based applications to large fault tolerant scalable systems, and we can help you improve your forecasting and risk monitoring capabilities.
Why we do what we do
Having spent many years working for large, Tier 1 global energy companies, we can see all too clearly that the energy markets are changing rapidly. Companies must be more agile than ever before in order to balance regulatory and market-driven change while still being able to compete.
Skew Vega is here to meet the growing demand for better, faster and more scalable enterprise software and services for energy and commodities trading and risk assessment.
We’re taking a new, proven, streamlined approach to application development with our Skew Vega® Engine, which is a custom system that provides a fault tolerant and massively scalable platform to host quantitative models.
The Skew Vega Engine is designed to run securely on either a third party cloud or an in-house server farm. Our models use full revaluation Monte Carlo simulation methods.
Why?
Our raison d'être? We can deliver no nonsense, rock-solid, scalable applications that run much faster than many similar applications global firms are developing in-house.
Case in point, the fastest Potential Future Exposure (PFE) calculation based systems take one hour or longer to run and complete calculations. Our PFE system can complete calculations in 15 minutes. That’s tough to beat.
But our main satisfaction comes from the fact that our systems are used day in, day out without incident.
“For the first time, we have been able to take full account of offsets and correlations between spec options and their linear hedges.” Head of Risk, Tier 1 Gas and Power Trading Company.
What else do we do?
In addition to selling industry leading software, we also undertake custom projects for clients in the areas of trading and risk management in the energy markets. We have also worked in an advisory capacity to provide a “state of the union” audit of past clients’ existing systems and mathematical methodology.
Skew Vega is incorporated in England and Wales. The company is privately held and its staff are employed in engineering and professional services.