Commodity Market Risk.
Systematically Managed.
Advisory and Custom Software Tools for Commodity Producers and Consumers
Commodity price volatility erodes margins, disrupts planning, and consumes management attention. We help companies in energy, metals, and agriculture build systematic hedging programs and the custom tools to implement them mechanically — so your team stays focused on growth and profitability, not market noise.
Our Approach
We deliver end-to-end commodity risk management — from measuring your exposure to compliant hedge accounting — backed by over 20 years of experience structuring hedges for producers, consumers, and exporters across Latin America and beyond.
Risk Assessment
Quantify commodity price exposure across your operations and identify risk concentrations by commodity, geography, and time horizon.
- •Exposure quantification and sensitivity analysis
- •Scenario analysis, stress testing, and VAR - Value at Risk
- •Risk concentration mapping across business units
Risk Offset Planning
Design hedging strategies matched to your exposure profile and risk appetite using the right instruments, tenors, and hedge ratios.
- •Instrument selection: futures, forwards, swaps, options
- •Hedging calendar aligned to production or procurement
- •Cost-benefit analysis of hedging structures
Strategy Backtesting
Test hedging strategies against years of historical commodity price data before committing capital or presenting to the board.
- •Historical performance across full market cycles
- •Multi-strategy comparison and optimization
- •Cost, effectiveness, and outcome metrics
Portfolio Aggregation & Valuation
Real-time mark-to-market across your entire hedge portfolio so management always knows the net position and can act decisively.
- •Consolidated view across all commodity exposures and hedges
- •Proprietary derivatives pricing engine for accurate valuation
- •Net exposure dashboards for real-time decision making
Reporting & Hedge Accounting
Automated reporting and full hedge accounting compliance — from internal management reports to ASC 815 and IFRS 9 documentation.
- •Automated management, board, and audit reports
- •Hedge designation and effectiveness documentation
- •P&L attribution and hedge gain/loss reporting
Markets We Cover
Energy
Crude Oil · Diesel · Natural Gas · Jet Fuel
Base Metals
Copper · Aluminum
Precious Metals
Gold · Silver
Agriculture
Corn · Wheat · Soybeans · Sugar · Coffee
Financial
SOFR Swaps · FX
Technology
Custom Software Built for Commodity Risk Management
We build purpose-built tools that automate the entire hedging workflow — from risk identification and strategy design to daily valuation, reporting, and accounting. Mechanical implementation means fewer errors, consistent execution, and a program that runs reliably regardless of personnel changes or market conditions.
Platform Capabilities
- •Hedging dashboards integrated with your existing data sources and trading systems
- •Proprietary derivatives pricing engine (built in Rust) for accurate mark-to-market on futures, swaps, listed and exotic options
- •Configurable backtesting engine for commodity hedging strategy evaluation
- •Automated report generation for management, board, and audit teams
- •Hedge accounting module with ASC 815 and IFRS 9 compliance workflows
Built for Your Operations
- •Custom-built to match your exposure structure and internal workflows
- •Secure, deployed solutions — not spreadsheets
- •Integration with your ERP, trading systems, and data sources
- •Developed side by side with your risk and finance teams
Try One of Our Tools
Explore our Options Strategy Calculator — price multi-leg strategies, visualize near-expiry payoffs, and overlay your risk exposure in real time.
Leadership
Jose Manuel Briz, CFA, CMT is a financial consultant specializing in market risk, treasury, and financial accounting. He works closely with execution teams to design and implement strategies aligned with each organization's risk profile and business objectives, leveraging analytical models and the integration of information across key functional areas.
His approach focuses on supporting the sustainable achievement of KPIs, strengthening long-term planning, and reducing the need for corrective actions driven by reactive decision-making.
After a career in the capital markets industry with firms such as Citibank and Macquarie, he founded Riskulture with the vision of transforming complex financial analysis into practical tools that enable organizations to make better decisions in a more consistent and scalable manner.
Jose Manuel Briz, CFA, CMT
Founder & Principal, Riskulture LLC
Contact
Ready to bring structure to your commodity risk program? Let's talk.
Address
111 NE 1st St, Fl 8
Miami, FL, 33132