Antony Stace, Risk Consultant

Antony Stace comes to the Energy Edge team from a diverse background in electrical engineering, IT, investment banking, and quantitative consulting.

Antony has a wide range of risk management experience from working on numerous consulting projects through to working on the front desk of Commerzbank Securities as a quantitative analyst pricing exotic interest rate products.

He has performed a large amount of work in relation to managing electricity, carbon, metal, and gas risk. Recent work he has performed includes:

• Research and analysis on the gas supply fundamentals and its implications for the electricity market;
• Developed a methodology to price carbon permits sourced from the primary market for a large electricity generator;
• Developed and implemented a methodology to price and value carbon option contracts for a large electricity generator;
• Acted for a client as a subject matter expert for the risk component of a large deal capture and settlements system during acceptance testing;
• Worked on a large project quantifying the risks associated with the CPRS for a large electricity generator;
• Valuation of gas storage; and
• Numerous small projects quantifying risk for electricity portfolios.

Prior to joining Energy Edge he was a consultant for a major consulting firm. He developed advanced credit models and helped quantify the risk appetite for a big-4 Australian bank as part of their Basel II compliance program. During this time he was also involved in commodity market modelling, including:

• Capital costs modelling for a large company for projects between $50-500M with a large metals and foreign exchange exposure.
• Development of a credit methodology to calculate peak exposure for a portfolio of derivative contracts on metals for a European investment bank.

While working at Commerzbank Securities in Tokyo he helped priced existing products, bring new products to market, and roll out a new pricing methodology.

Antony has vast systems experience in several IT companies in Australia and Japan, implementing large and small scale systems ranging from customer relationship management systems, risk management systems, to defence systems.

Antony’s IT skills footprint covers a large array of languages and web and database technologies, including Java, C, C++, Fortran, Pascal, Perl, SQL, Visual Basic and PHP.

Academic and Professional Qualifications

• PhD (Mathematics) University of Queensland
• Bachelor of Electrical Engineering (Second Class A Honours), University of Queensland.
• Bachelor of Science (First Class Honours in Mathematics), University of Queensland.

Contact Antony Stace