This working paper describes how corporates have been adapting and evolving their use of quantitative models derived from the use of VAR models by financial services companies and banks. Corporates have developed sophisticated commodity risk models which they are using to inform strategic decisions based on the impacts on cashflows of different exposure sets. The paper explains how these models can deliver value, and also sets out in simple terms how a CFAR model can be built and deployed.
To download a copy, please click on the link below.
Download the report (PDF-564KB)