Protorisk started life in early 2010, in London, by providing price risk management advice to a FTSE 100 oil producer under the regulation of the FSA. At that point we provided services related to the valuation of commodity derivative products.
In late 2010 we began work with our first banking client. We began advising them on how to professionally manage the price risk associated with their commodity related lending activities. Subsequently, we have advised large and medium sized banks and financing companies, particularly in Nigeria, on issues relating to the structuring, execution and management of commodity hedges. This has resulted in dramatically improved risk profiles and profitability
for our clients.
In 2013 Protorisk (DIFC) Ltd was set up in Dubai, regulated by the DSFA, to replace the UK based entity.