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An Update on SAP’s Growing CM Footprint

Published by Gary Vasey
Last week, I was afforded a catch-up briefing by the SAP team including its VP for Commodity Management and Agribusiness, Ms. Anja Strothkaemper. Ms. Strothkaemper looks after both SAP’s Commodity Management and Agribusiness efforts since they see a great deal of overlap and synergy. Since the last time I had spoken to... continue reading

Aspect Targets Metals

Published by Gary Vasey
I recently had a briefing from Aspect Enterprise about its ambitions to add metals functionality particularly for concentrates. Today, I was given a quick update. Aspect is targeting a fully functional multi-commodity version of its platform by Q3/Q4 and seems to have made significant progress already in steel, precious metals and base metals. As well as having an existing metals trading customer (Orka, a Geneva-based aluminium & zinc trader), Aspect is working... continue reading

Updating the Evolution of the Vendor Landscape

Published by Patrick Reames
With the SunGard's recent purchase of Energeya, and with Allegro now entering the consolidation fray with their acquisition of Just Commodity, we may be starting to see deals... continue reading

STOP PRESS – Allegro Acquires JustCommodity

Published by Gary Vasey
Allegro announced this morning that it has acquired JustCommodity, the leading Asia-Pacific vendor of CTRM software specifically in the Ags and Softs arena. This is the first acquisition... continue reading

2015 CTRM Conference Taking Shape

Published by Gary Vasey
We are very pleased to announce that Chris Seiple, Genscape’s Managing Director of Power who comes with a wealth of experience in the power data field will be one of the... continue reading

Catching Up With Agiboo

Published by Gary Vasey
Earlier this week, Agiboo announced that Tereos Commodities had selected its Agiblocks CTRM software. Tereos is the world’s fifth-largest sugar group, and is specialized in processing sugar beet, sugar cane and cereals. It also has leading positions... continue reading

CTRM Videos

 
CTRM Videos

Mr. Andrew Bateman, SunGard Energy

In this episode of Conversations with Leaders in CTRM, Patrick Reames visits with Mr. Andrew Bateman, President of SunGard Energy. Mr. Bateman discusses SunGard’s capabilities across multiple industries and provides his insights as to the latest ETRM market developments both near and long term.... continue reading

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News

CSS welcomes Commodity Trading Solutions as official new sales partner

Published 2 July 2015 - Rotterdam – Commodity Services & Solutions (CSS), a team of specialists and executives in Risk and Margin Management and Commodity Trading Solutions (CTS), an Australian commodity business advisory group, are joining forces in the Australian and New Zealand market for Commodity Risk & Margin Management solutions. CSS and CTS are dedicated to providing cost effective technology solutions and consulting services to help improve clients’ margins and manage their commercial commodity risk in volatile global markets. Announcing the partnership, David Taylor, Director of Commodity Trading Solutions explained: “ Steve Burt and myself have more than 20 years of experience in executive management, commodity trading, procurement and sales, software selection, CTRM and sales management. TRADESPARENT Risk Management... continue reading

Ranks of commodities brokers dwindle as U.S. futures industry evolves

Published 1 July 2015 - (Reuters) by John McCrank – U.S. commodities brokerages – a key focus of reforms designed to make the financial system safer – are increasingly struggling to eke out a profit, spurring many firms to think about leaving the business, or trying to boost commissions. The brokers, known as “futures commission merchants” or FCMs, are paying increasingly large sums to comply with new regulations, bolster their cyber security systems, and do business with exchanges, among other areas. The vanishing FCMs are one way the futures trading business is changing in the United States. Another example is the imminent closure of the grains futures “open-outcry” pits at CME Group Inc, although the two cases are not necessarily related.... continue reading

New oil bull market in sight as Brazil, Iraq cut output targets

Published 30 June 2015 - (Reuters) by Dmitry Zhdannikov – Massive downward revisions to oil output in Brazil and Iraq have increased the... continue reading

Australia cuts 2015 iron ore price forecast by 10 percent

Published 30 June 2015 - (Reuters) by James Regan  – Australia on Tuesday cut its price forecast for iron ore in 2015 by 10... continue reading

Belgian Green Energy Company Lampiris Going Live with OpenLink

Published 30 June 2015 - OpenLink, the global leader in trading and risk management solutions to the energy, commodities, corporate, and financial services... continue reading

EPA Loses at U.S. High Court on Power-Plant Emissions Rule

Published 29 June 2015 - (Bloomberg) by Greg Stohr and Mark Drajem – The U.S. Supreme Court ruled against the Obama administration’s effort to... continue reading

U.S. light oil exports double in May, mostly to Europe

Published 29 June 2015 - (Reuters) By Catherine Ngai and Florence Tan – U.S. exports of ultra-light crude, also known as condensate, have... continue reading

Crude Oil Ends Below $60 Amid Oversupply as Volatility Sinks

Published 26 June 2015 - (Bloomberg) by Moming Zhou – Crude oil ended below $60 a barrel as near-record U.S. production prolonged an... continue reading

European policymakers seek more cross-border power trade-draft

Published 23 June 2015 - (Reuters) by Barbara Lewis and Karolin Schaps  – An EU-wide system for cross-border intra-day power trade needs to... continue reading

Commodity Technology Advisory LLC Publications

2015-2020 CTRM Market Outlook

Commodity Technology Advisory LLC (ComTech), the leading analyst firm covering commodity trading and risk management (CTRM) technology markets, has recently completed its biannual in-depth review of the CTRM software market space in order to compile an estimate of the size of the global CTRM technology market and prepare an outlook for growth across the various component submarkets that comprise it. Readers of this report should be aware that in the development of this data, as in past years, we must delineate boundaries for the companies and applications reflected in the scope of the analysis.

‘CTRM’ is a term that has been widely adopted by many technology companies. “Traditional” CTRM vendors have been expanding their reach outside of what has been widely and traditionally accepted as core CTRM through acquisition of applications that would commonly be viewed as tools for managing and optimizing supply chains and as such, without adjusting vendor reported results to eliminate these non-CTRM capabilities, we would be overstating the size of the market directly related to commodity trading and risk management capabilities. As such, for this report, ComTech has utilized a fairly rigid view of what capabilities are encompassed within the bounds of CTRM.

Value Study: Investing in E/CTRM in Turbulent Times

The only constant is change echoes an astute observation by the Greek philosopher, Heraclitus, some 2,500 years ago. Those of us who are engaged in the world of commodities are continually reminded of the accuracy of his observation, particularly recently, as commodity prices collapsed led by crude oil. In fact, our industry is continually impacted by changes in the regulatory environment, supply/demand balance, global economic environment, technology developments, political intervention and more.

Recently, BP noted in its annual Energy Outlook1, “Today’s turbulence is a return to business-as-usual. Continuous change is the norm in our industry. The energy mix changes. The balance of demand shifts. New sources of energy emerge, such as shale gas, tight oil, ultra-deepwater oil or renewables. Economies expand and contract. Energy production and consumption are affected by disruptions, from wars to extreme weather. New policies are created to address climate change or bolster energy security.“

Change is the very lifeblood of the commodity trading world, creating opportunities for profit for those who are swift and responsive enough to act. Good traders make money in up or downwards moving markets, provided they are armed with up-to-the-minute data and the analytical tools needed to identify, analyze and manage their trading decisions. However, depending on market direction, other market participants might be caught in a more problematic situation and experience cash flow and/or profitability issues should price movements undermine their naturally long (producers) or short (consumers) positions. Nonetheless, if the company has the right tools at its disposal to track up-to-the-minute changes, and properly and effectively manage its exposure to those changes, then value can be protected and in some situations, profits might be made.

CTRM Community

AM markets: weather improvements send grains into reverse

Published by agrimoney
World weather is not perfect for crops. But with hopes for rain in Canada, and dryness in the US, it is looking better. Wheat leads price... continue reading

Soybean rally quashes ideas of cut in Brazilian sowings

Published by agrimoney
Brazil no longer looks like witnessing its first cut in soybean sowings in a decade, thanks to a rise in prices, with main crop corn area... continue reading

Pressure builds on ESMA to reveal proposed MiFID standards

Published by ETR Advisory
Following the statement made by Steven Maijoor, chair of ESMA, at the Economic and Monetary Committee last month, no information has been published on many of the proposed... continue reading

Oil market confounds US export ban push

Published by Commodities Now
Source: Financial Times, 6th July 2015 Lower domestic oil discount defuses politics over crude ban Read the full article on FT.com Read More... continue reading

Oil market throws cold water on US export ban push

Published by Commodities Now
Source: Financial Times, 6th July 2015 Lower domestic oil discount defuses politics over crude ban Read the full article on FT.com Read More... continue reading

New York’s oil options pit empties

Published by Commodities Now
Source: Financial Times, 6th July 2015 Brokers lament demise of noisy exchange as computer trade grows Read the full article on FT.com Read More... continue reading

Halli Berri coffee embarks on CSR programme to counter grower challenges

Published by Food and Beverage News
Halli Berri, a single origin gourmet coffee, which is RainForest-certified, has now devised a corporate social responsibility (CSR) programme known as ‘Be Berri Conscious’ to counter... continue reading

Meet discusses impact of technology on hospitality, concept restaurants

Published by Food and Beverage News
The South India Hotels & Restaurants Association (SIHRA) Convention 2015, a three-day annual event that worked as a platform for hoteliers & restaurateurs from south India,... continue reading

Industry Voices

Iron Ore: swapping the physical for the paper trade

Published by Ami Katschinski
By Ami Katschinski, Trayport’s Head of Global Commodities, offers his views on the future of the global iron ore market The iron ore markets have... continue reading

Are you ready for the digital revolution of recruitment?

Published by Carl Vellenoweth
Every good company knows that it’s most important asset is its staff, right? That a good hire can keep a business afloat through low points... continue reading

November CTRM recruitment update with Carl Vellenoweth

Published by Carl Vellenoweth
In this month’s article, I would like to cover the involvement of social media, CTRM recruitment, and the growing demand for Metals CTRM talent. As... continue reading

Bets on crude surge ahead of OPEC meet

Published by Gary Vasey
MUMBAI: November 27 meet to decide on whether to cut crude output Retail level traders and professional speculators have been raising wagers on crude oil... continue reading

REMIT Emerges – The Rise of Transaction Surveillance in the Energy Industry

Published by Yasmine Li
Introduction In a world of ever increasing globalisation, markets which were once discrete have become increasingly interlinked and none more so than the wholesale energy... continue reading

October CTRM Recruitment Trends with Carl Vellenoweth

Published by Carl Vellenoweth
Post CTRM Conference Feedback In this months article, I would like to echo some of the topics mentioned at this years CTRM Conference in London,... continue reading

September Recruitment Update by Carl Vellenoweth

Published by Carl Vellenoweth
Nowadays, the recruitment market has a somewhat tarnished reputation along with other services within this sector. A good parallel example are the system integrators with... continue reading

Deutsche fined over 4.7M GBP for trade reporting errors – Is it time to panic? – Some thoughts

Published by Aviv Handler
Last week the FCA published a final notice against Deutsche Bank fining them just over £4.7 million (after a settlement discount). The fine was for misreporting... continue reading

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  • Commodity Technology Advisory is the leading analyst organization covering the ETRM and CTRM markets. We provide the invaluable insights into the issues and trends affecting the users and providers of the technologies that are crucial for success in the constantly evolving global commodities markets. Our team is headed by Patrick Reames and Gary Vasey, a team whose combined 60-plus years in the energy and commodities markets provides depth of understanding of the market and its issues that is unmatched and unrivaled by any analyst group.
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