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CALGARY-BASED CONSULTING FIRM

Incorporated 2009

star-ting Incorporated logo

WHAT WE DO

Star-Ting Incorporated provides Responsible Risk Management™ products and services in enterprise and operational risk across multiple business sectors including:

Banking

Construction

Energy

Environment

Government (all levels)

Infrastructure

Insurance

Oil and Gas

Supply Chain

CURRENT DATA ANALYTICS DO NOT WORK

INDUSTRY PREDICTIONS FAILED

HOW COULD THEY BE SO WRONG?

OUR SOLUTIONS ARE THE KEY

CURRENT DATA ANALYTICS DO NOT WORK

On January 2015 Canadian Energy Research Institute (CERI) predicted,

“Between 2014 and 2038, Alberta oilsands investment, re-investment and operating revenues will contribute an estimated $3.87 trillion to the Canadian gross domestic product (GDP), says a new study from the Canadian Energy Research Institute (CERI). Oilsands production (upgraded and non-graded) over that period is forecast to grow to 3.7 million bbls/d by 2020 and 5.2 million bbls/d by 2030, according to the report on the Canadian economic impacts of oilsands development in Alberta”.

But wait, “the ‘low oil’ case costs us [Canada Mortgage and Housing Corp] over $7 billion in lost profits.”[1] Alberta’s current troubles stem from a collapse in oil and natural-gas prices. Provincial energy royalties are reduced to a fraction of last year’s GDP. In fact, contrary to the optimistic predictions oil prices have plummeted from more than $115 (U.S.) a barrel in June, 2014, to as low as $20. The sudden decline in Alberta’s economy was not predicted.

Falling oil prices have led to mass layoffs. How could they have been so wrong?

Sources:

1. Financial Post. March 2016. Oil price collapse could cost CMHC $7 billion a year in lost profits. Accessed May 21, 2016, from http://bit.ly/1RiCUlI

OUR APPROACH

New metrics are needed. Decision makers are not getting results because they are missing a data set.

We have identified a way to Quantify Qualitative Risk Factors.

This means our clients get 50% more data for Decision Analysis (DA).

EXPERIENCE

  • Headquartered in Calgary, Alberta since 2009.
  • Average partner tenure of thirty years.
  • Adhere to professional codes of conduct, APEGA, CMC-Canada, respected in 40 countries.

STEWARDSHIP

  • Commitment to mitigate risk and decrease loss for regulatory compliance.
  • Provision of independent third-party validation for investors and shareholders alike.
  • We incorporate Responsible ROI™ analytics to accommodate various levels at which risk may be found incorporating economic, environmental, financial, health and safety, political and social risk elements for each client.
  • Our attention is on our clients needs and the sensitive issues they need to address.

VALUE CREATION

  • Proven record of working with board, executive and management to identify risk potential.
  • We have relationships with multiple industry associations to prepare risk mitigation plans.
  • Our proprietary approach adds 50% more data coverage for enhanced risk assessment and superior risk reporting.

CONTACT US

We look forward to serving your risk management needs.

 

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