About High Street Corporation

Experience

Members of HSC’s team have resources experience as traders, risk managers and treasurers. This experience gives members of HSC a thorough understanding of the approaches to risk management taken by a wide range of industry participants.

HSC has assisted industry participants in the management of their trading operations and trading risks within a competitive market environment. HSCS’ risk management team develops strategies in line with best market practice and the clients’ approach towards management of risk. HSC works closely with clients to provide solutions to problems. This approach avoids surprises and provides results to which both parties are committed. Workable solutions must be appropriate to current market conditions.

HSC assists in the management of clients' risk exposures and also executes transactions in an agency capacity. Where appropriate, HSC can manage the entire treasury function on an outsource basis.

Resources market capabilities

HSC provides a wide range of solutions to a broad spectrum of clients active in the energy and resources markets. Clients include mining and energy companies, banks and government agencies. Individual experience gained from lengthy involvement within the gold and energy markets enables HSC to deliver a wide range of risk management tools and advice. Summarised below are some of its capabilities.

Risk management policy development and review

HSC assists clients with the development of risk management policies. This includes workshops to determine a consensus on the organisation's key risk management objectives. HSCS’ experience with a wide range of market participants over the years gives it:

· unique insight into the key issues which need to be addressed

· an understanding of the alternative approaches available to address these issues

· the ability to work with clients to develop an approach appropriate for corporate objectives, risk culture and resources of the organisation.

Risk management framework advice

HSC has developed a "best practice" risk management framework that can be used by existing businesses as a benchmark and by emerging resources companies that need to target objectives. The framework covers the full scope of a resources based business, from risk management to systems and procedures.

Risk management committee participation

HSC has involvement with organisations' risk management committees. HSC typically provides specialist risk management advice, particularly regarding exposures to the commodity market. The principle benefits arise from its independence, detailed practical knowledge and experience.

Credit policy development and review

Credit risk management is a key issue in any day to day trading business operation. HSC can assist develop policies for the management of credit risk

Portfolio valuation

HSC reviews and values portfolios of derivatives and physical contracts on an ongoing basis for clients. The underlying transactions are evaluated for fairness of pricing, and the portfolios are reviewed for appropriateness of the transactions in the context of the client's business. HSC has a team of quantitative and structured products specialists who have built up an extensive library of financial instruments, allowing quick and accurate evaluation of most proposed financial structures. Portfolio valuation can be performed on an ongoing basis or as a once-off service as part of proposed acquisitions and mergers, or as an independent external check on valuations derived internally.

Enhancing portfolio returns

HSC has helped organisations enhance outcomes for trading portfolios by providing risk recommendations on appropriate portfolio positioning. This has included developing trading strategies for our resource-based clients.

Skills and knowledge transfer

Experience dictates that a better-informed client leads to quicker/better decision-making in the long run. HSC is committed to transferring knowledge and skills to clients, thereby helping them to make more informed decisions.

Knowledge transfer is done either in-house i.e. on HSCS’ premises, or at the client’s offices, whichever is appropriate at the time. In addition, HSC runs client workshops from time to time.

The development of HSCS’ own staff is imperative to the long-term viability of the business. It is therefore practice to continually enhance employees’ skills in all aspects of treasury.