How OCIM Transformed Its Financial Risk Management Amid a Volatile Environment

Founded in Paris in 1961, OCIM is a major player in tangible assets and precious metals.

With a rapidly expanding transaction portfolio and an increasingly complex economic environment, OCIM Finance faced major challenges:

OCIM’s risk management process was based on an Excel tool, manually controlling operations in a dual approach involving both its trading and treasury teams. Data was consolidated weekly to correct any discrepancies. However, this manual process, while functional, was time-consuming and had several drawbacks:

After a thorough analysis, OCIM selected myDiapason for its ability to unify trading and treasury processes into a single solution. Diapason offered complete integration with existing systems, enhanced traceability, and accurate valuation of operations. With an intuitive interface and features tailored to the complex needs of financial derivatives, myDiapason allowed OCIM to simplify its processes while strengthening risk control.

The exceptional involvement of the Diapason team was a key factor in the project’s success. Challenges commonly associated with project management, such as change management, connectivity issues, or scheduling, were quickly resolved due to the team’s responsiveness. They demonstrated great agility in developing necessary customizations to align the software with OCIM’s trading activity, particularly in the valuation of derivatives and risk calculations. Whether using the “Greeks” to assess the sensitivity of a derivative’s price to various factors or applying VAR (Value at Risk), Diapason also worked to implement Bloomberg connectors to allow continuous valuation of derivatives and manage other risk parameters.

Since implementing myDiapason, OCIM has seen significant efficiency gains, consolidating both its trading and treasury activities. This project has led to: