CTRM Blog

Occasionally, CommodityPoint discovers new CTRM vendors that we had been unaware of. Just recently, we discovered CMStrade in Switzerland. In fact, CMS trade have been in the industry around 30-years and have had over 150 customers for its software in that time. Today, it has around 25 customers and less than 10 staff operating out [...] No related posts.

Triple Point says that it signed 20 new license deals in Q2 2010 of which 50% were with new name customers helping the company to a 31% growth in revenues for the quarter and a 60% growth in EBITDA. Among the new licenses during the quarter, it has announced OGE Energy Resources, Prime East Shipping, [...] No related posts.

Several months ago at E-World in Essen I was introduced to Mr. Rajeev Bhatt of eOpt Solutions. eOpt are based in Germany and describe themselves as “a unique products and services company, that offers smart solutions in the Energy Trading and Risk Management space.” Founded in late 2008 by a small group of energy industry [...] No related posts.

Our new report on non-traditional delivery mechanisms for CTRM Software (SaaS, hosted, leased etc.) will be available prior to the end of the month for FREE on this site. The report will have thousands of readers and may be a great advertising vehicle for you? If so, please do contact Mark Tredway at mtredway at [...] No related posts.

We have now added a discussion forum to this blog. Feel free to join up and get involved. It also will include a jobs area that you can post openings to or browse around. Due to excessive spam issues, you will need to request membership and be approved. Find the new discussion forum here No related posts. No related posts.

At CommodityPoint, we will on occasion visit with the leaders of the largest suppliers of technology in the commodity trading and risk management (CTRM) space to get their take a broad range of topics, from the current state of the ETRM/CTRM market place to recent developments within their companies. Today’s conversation is with Brad Anderson, founder, [...] No related posts.

This morning I spoke to Peter Waiss, Managing Director of ComFin. ComFin offers software solutions and consulting services to the commodity and energy industries. It’s TheBulldog software is a package that supports trading, trade administration, operations, risk management, back office, finance, storage, logistics, and reporting and is used by companies in the crude oil, [...] No related posts.

So here in the sunny and far too warm Czech Republic we have a long weekend and return Wednesday. I am not sure what the holiday is but I’ll take it. Meanwhile, I am writing up the SaaS study and hoping to get it out by mid-July pending sponsor materials for inclusion. There are some [...] No related posts.

CommodityPoint has issued a new Technical Briefing Note on Risk Optimization highlighting the Hyper Rig Risk Optimiser product. The TBN may be downloaded from the Reports and Articles page of this blog. In an ideal world, running stochastic risk metrics such as full blown Monte Carlo Value at Risk (VaR), Earnings at Risk (EaR), portfolio stress [...] Related posts:

1. Hyper Rig Breakfast Briefing on Risk Optimization

I first met Richard Quigley, CEO of Datagenic a few months back at the Essen E-World Conference and Tradeshow. He was very keen to catch my attention and talked with passion about his business and products. Recently, I caught up with Richard again by phone to discuss with him data management and associated issues around [...] Related posts:

1. Datagenic Readying Major New Release

In 2010, CommodityPoint changed its approach to distributing our multi-client study reports. In short, we decided not to charge a fee to buy them but to give them away instead! We want you to see our work product and thought leadership and this is one way for us to do it. You can get our FREE [...] No related posts.

Next week I will be heading back to London to be a panelist at Hyper Rig’s breakfast briefing on Risk Optimization. I will be joined by Richard Jefferson, MD Head Commodities Sales at Deutsche Bank and Michael Coleman founder of Hyper Rig as we discuss the issues facing traders and risk managers. The breakfast briefing [...] Related posts:

1. New Technical Briefing Note Available

Yesterday I received a press release from Allegro regarding its “go live” at Repower (formerly Räetia Energie), an international energy company based in Switzerland that has implemented Allegro 8 to manage its emissions trading activities, and is extending the implementation to handle its power and natural gas trading. Repower will utilize allegro 8 as [...] No related posts.

I caught up with Michael Schwartz yesterday – Chief Marketing Officer for Triple Point. He had told my colleague Patrick Reames a few weeks ago that Triple Point had had its best ever Q1 and tells me that Q2 looks to be very similar in terms of performance so far. Mr. Schwartz said that Triple [...] No related posts.

On the 26th May, Utilisoft announced its acquisition by Bglobal PLC. Utilisoft offers solutions to the Energy and Utilities industry primarily in the UK and Australia both on the wholesale trading and the retail sides of the market. I spoke today to John Furness, MD of UtiliGroup Ltd. to get some background on the transaction. Mr. [...] No related posts.

CommodityPoint has now started seeking participants for our Non-Energy CTRM vendor perception study survey. We are looking for anyone who uses CTRM software for metals, agricultural products, raw materials – in fact anything EXCEPT energy commodities. The survey is open to all end users and independent consultants as we seek your views. Participants will receive [...] No related posts.

The recently released CTRM Vendor and Product Sourcebook has been downloaded more than 1000 times in the short period it has been available. Obviously we can’t measure subsequent distribution via email etc. but we can guess that it is substantial and estimate there may be as many as 3000 copies in circulation already. If you don’t [...] Related posts:

1. CommodityPoint Issues CTRM Vendor & Product Sourcebook

Recently, I caught up with Salim Jabbour of Abacus Solutions Inc. Under his leadership, Abacus has developed and gone to market with a new product, SATURN, an integrated enterprise risk management solution with broad functionality and deep analytics. SATURN is described as a “next generation ETRM system with breakthrough real time full simulation portfolio optimization”. [...] No related posts.

The announcement by Triple Point this week that Su-Raj Diamonds had selected it’s CTRM software to manage its Precious Metals sourcing and operations is the latest in a series of announcements by the CTRM vendor community of licensing deals in what might be loosely termed the ‘end user’ market. The ‘end user’ market segment comprises [...] No related posts.

The Deepwater Horizon disaster is clearly a human tragedy and ecological catastrophe. The impacts of the event are being felt along the fishing grounds of the Gulf Coast, in the board rooms of the various companies that drill for offshore oil and gas, in the halls of government in Washington, D.C. and of course, [...] No related posts.