Data Model (Core)

This section describes the data used for the Commodity calculations, including how the data is structured.

For Commodities, the Commodity (Underlying) refers to the “distinct commodity” [MAR21.83](1) and [MAR21.84].

The Risk Factor is used to identify sensitivities. However, it is not used directly in the calculations, instead the Commodity, Location, and tenor fields are used (as appropriate for the risk-measure). This means that multiple Risk Factor Names may be used for the same risk-factor.