Palisade @Risk extends Petrobras' Trogride' risk management

摘要

Excel-based system provides corporate-wide sensitivity analysis and key performance indicators. Petrobras has implemented a corporate-wide protocol to assess potential investments—from upstream through to trading and derivatives. The in-house developed system, Progride, extends Microsoft Excel with custom C++ subroutines to model oil prices, taxes and royalties and provide sensitivity analysis and other KPIs. However, Progride's risk analysis capabilities fell short in the face complex projects, partnerships and multiple concessions.