Logistics-exposure management integration for commodity price risks

A system comprising:

• a processing device;
• a communications device connected to a communications network;
• a memory device;
• a mapping arrangement;
• and
• an aggregating arrangement, wherein:
• the communications device receives a service oriented architecture (SOA) message from a logistics system over the communication network containing a raw exposure item including an identifier of a good, a quantity term, a price term, and a delivery term obtained from an electronic commercial document pertaining to an exchange of the good;
• the processing device (i) identifies a plurality of dates on which an event affecting the exchange of the good is to occur from at least one of the quantity term, the price term, and the delivery term, (ii) calculates a change in an exposure of an entity based on the occurrence of each event on each of the identified dates using the processing device, and (iii) creates separate sub-raw exposure items for each of the identified dates including the calculated changed in the exposure on each respective date using the processing device;
• the memory device stores the created sub-raw exposure items;
• the mapping arrangement identifies those created sub-raw exposure items satisfying a mapping rule, the mapping rule specifying criteria for transferring data from the sub-raw exposure items to at least one exposure position;
• and
• the aggregating arrangement aggregates the identified sub-raw exposure items into the at least one exposure position and reports the at least one exposure position.

A method comprising:

• parsing, using a processing device, an electronic commercial document pertaining to an exchange of a good;
• extracting from the parsing of the electronic commercial document an identifier of the good, a quantity term, a price term;
• identifying, using said processing device, a plurality of dates on which an event affecting the exchange of the good is to occur from at least one of the quantity term, the price term, and the delivery term;
• calculating a change in an exposure of an entity based on the occurrence of each event on each of the identified dates;
• associating each of the identified dates and calculated exposure changes with atomic-level risks, the atomic-level risks being a discrete set of risks, which when aggregated, represent the exchange of the good specified in the electronic commercial document;
• creating separate sub-raw exposure items for each of the identified atomic-level risks;
• recording exposures associated with each of the identified atomic-level risks in its respectively created sub-raw exposure item;
• identifying sub-raw exposure items satisfying a mapping rule, the mapping rule specifying criteria of the sub-raw exposure items transcending an individual transaction;
• aggregating the identified sub-raw exposure items into a consolidated exposure position;
• and
• reporting the consolidated exposure position.