HOC

HOC is a leading provider of standard and bespoke compliance software products and services for utilities. This includes areas of Asset Optimization, Trade Compliance, Credit Risk Management and Hedge Accounting. HOC services the energy industry and especially utilities with the need to address compliance monitoring, reporting, hedge and derivatives related accounting reporting/disclosure and other related areas of regulatory driven risk management.  HOC EXPERTISE AND EXPERIENCE  With more than 12 years of deep expertise in the Energy Trading & Risk Management space HOC has successfully developed and deployed compliance related software products, custom solutions and consulting services to clients across Europe & America. These deployments have replaced in-house systems and legacy ISV applications to address new industry requirements, both functional and technical.  HOC's staff are industry practitioners with multidisciplinary expertise across utility industry, energy/commodity industry, compliance requirements, and technology. Senior staff consultants work both on-site at clients and off-site at HOC's various facilities.  HOC PROFILE AND OWNERSHIP  HOC is based in the northeast USA with headquarters in New York City, an operational center in Edison NJ. and offshore support operations as well. The company is privately held by the Shah family which also owns educational software companies servicing the major financial institutions, investment banks, exchanges, software firms, and technology suppliers.  STANDARD OR CUSTOM COMPLIANCE AND REGULATORY SOLUTIONS  HOC approaches client projects as directed to adapt and integrate HOC's standard compliance solutions or to develop custom solutions to fit the specific client environment and business configuration.see less

Specialties

Trading & Regulatory Compliance, Counterparty Credit Risk Management, Disclosure & GL Reporting for Commodity Trading Firms, Commodity Asset Valuation using third party models, Standardized Solutions or Custom/Bespoke Compliance