CTRM Center

Blog

Paragon and the Energy Credit Risk Marketplace

Published by Patrick Reames
I sat down with Paragon Consulting’s president, Kevin Gerold, and  SVP of sales and services, Jason Wells, last week to get their take on the current state of the market for credit risk systems in light of the recent commodities roller-coaster. Though their company name might imply something else to some, their... continue reading

Turning The Corner?

Published by Gary Vasey
Jim Rogers was quoted yesterday saying.. “As far as commodities are concerned, it’s about supply and demand, and you’re having huge cutbacks in supply. We’re already having supply problems in some agricultural products and we’re going to have problems with oil products. “So I don’t think that the bull markets in commodities have gone away forever, because supply is going to be an [issue]. You can have a bull market with flat... continue reading

With FIS’s acquisition of SunGard, what happens to SunGard Energy?

Published by Patrick Reames
Last week’s announcement that Fidelity National Information Services (FIS) has agreed to purchase SunGard does raise some questions as to the implications for... continue reading

Can I Quote You On That?

Published by Gary Vasey
At the moment, we are running a bit of a feedback survey on CTRMCenter (- yes, its that annoying pop up we are using). The results to date are actually very encouraging and we will probably publish... continue reading

European Ags and Softs Demand Robust – Agiboo

Published by Gary Vasey
Agiboo continues to increase the specific functionality in its Agiblocks software to support soft commodities, Mr. Jan Van Den Brom told us recently.... continue reading

Eka and the Agricultural Markets Outlook

Published by Patrick Reames
I had the opportunity to visit with Manav Garg, Eka’s founder and CEO last week to get an update on the company and the markets they serve. Our... continue reading

CTRM Videos

 
CTRM Videos

Mr. Richard Quigley – CEO, DataGenic

In this edition of ComTech Advisory’s Leaders in CTRM Technology series, Gary Vasey visits with Mr. Richard Quigley, CEO of DataGenic. The two discuss DataGenic’s data and analytic products and Richard provides an overview of the company’s soon to be released AI solution for commodity traders.... continue reading

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News

Looking for a Commodity That’s Rising? Try Pollution Permits

Published 28 August 2015 - Alessandro Vitelli There’s one corner of the commodities markets bucking the slump that’s sent raw material prices tumbling: pollution permits. Prices in Europe’s market for carbon emission allowances, where companies trade the right to release the greenhouse gas into the atmosphere, gained 10 percent this year after the European Commission took unprecedented steps to prop up the market, attempting to curb a record glut. The regulator’s supply squeeze will help carbon gain another 11 percent by the end of December, according to consultants Energy Aspects Ltd. and Vertis Environmental Finance. Compare that with crude’s 30 percent slump since its June peak and Citigroup Inc.’s forecast of a further 30 percent drop. Or ABN Amro Bank NV’s bearish forecast for gold, predicting a 29 percent slump by the... continue reading

Factbox – For commodity trading advisors, oil’s downtrend has been a friend

Published 28 August 2015 - NEW YORK (Reuters) – The nearly two-month-long slide in oil prices to 6-1/2 year-lows has been a boon to many so-called systematic funds, which trade based on technical signals or computer algorithms rather than fundamentals. While most market commentary has focussed on the persistent glut in the global market caused by unrelenting OPEC output and surprisingly resilient U.S. shale production, these commodity trading advisors (CTAs) have ridden the downtrend to robust returns. It is too early to say how most of them fared on Thursday, as oil prices surged by more than 10 percent in the biggest one-day gain since the financial crisis. Interviews with five of the larger and best-performing CTAs also show that... continue reading

NYMEX Block Trades and Seasonal Chart Enhancements Part of MarketView® Desktop™ 6.5 Release

Published 27 August 2015 - CHICAGO, IL–(Marketwired) GlobalView, a premier provider of enterprise-wide market data solutions for... continue reading

Olam Jumps by Most in Six Years Before Halting Shares From Trade

Published 27 August 2015 - Yuriy Humber Olam International Ltd. surged by the most in six years in Singapore before the commodity trading... continue reading

New Aspect Partner Adds Energy Trade And Risk Consultancy And Regional Business Knowledge

Published 26 August 2015 - Leading cloud E/CTRM vendor Aspect today announces the signing of a partnership... continue reading

Jim Rogers: Commodity bull market hasn’t gone away

Published 26 August 2015 - Frik Els While equity traders took a break from selling, Wednesday was another bloody day on commodity markets.... continue reading

Commodities Rebound From 16-Year Low as Oil, Metals Lead Gains

Published 25 August 2015 - By Sharon Cho Flush from a collapse in everything from oil to aluminum to cotton, commodity bears are... continue reading

Gaznat Optimizes Physical Energy Portfolio with OpenLink

Published 25 August 2015 - London and Vevey – August 25, 2015 – OpenLink, the global leader in trading and risk management solutions... continue reading

CTRM Software Sourcebook Released

Published 25 August 2015 - Commodity Technology Advisory LLC (ComTech Advisory), the leading analyst firm covering energy and commodity trading and risk management... continue reading

Commodity Hedge Funds Lose Most in Three Years as Rout Deepens

Published 24 August 2015 - (Bloomberg) by Agnieszka De Sousa – Hedge funds betting on commodities lost the most in almost three years in... continue reading

Commodity Technology Advisory LLC Publications

sourcebook 2015
Sourcebook 2015
Download: Sourcebook 2015

The 2015 Commodity Technology Advisory LLC (ComTech) CTRM Software Sourcebook is designed to be a useful and usable resource to help those seeking information as to the capabilities and coverage of products within the CTRM software category. It is a starting point in the product selection process - a mid-level guide to allow the reader to develop a long list of vendors that have high potential capabilities in terms of functional and commodity coverage meet the specific needs of CTRM market participants. It is NOT intended to be a replacement for a formal selection process - CTRM software is simply too complex to be selected properly without utilizing a programmatic selection process. Our intention in developing the CTRM Sourcebook is to inform the reader of a wide universe of vendors and products, and allow companies seeking a new system to compile a list of vendors that may include some that might not have otherwise been considered, or that they may not have even previously been aware of.

Each Vendor and Product listing is arranged according to the same format for clarity and ease of use. Each listing (sorted alphabetically by vendor name) is comprised of:

  • The name of the vendor and contact information
  • A graphic showing the distribution of current clients by geography
  • A graphic showing client distribution by common industry segment
  • ComTech Advisory research highlights regarding the vendor and product,
  • A graphical matrix providing an overview of the product's capabilities, by function (vertical axis), by commodity (horizontal axis),
  • Company and product information comprised from a variety of sources including vendor’s submitted company and product description,
  • Vendor’s office locations,
  • Total installed base by licensed customer companies,
  • A representative list of users of the product,
  • Deployment methods of the highlighted product(s),
  • Office locations and contact phone numbers.

The product functionality and commodity coverage charts are easily readable and provide mid-level information about each vendor’s product capabilities.

ComTech’s methodology for constructing the Sourcebook was to distribute a spreadsheet and questionnaire for data collection. The majority of all vendors in the space were invited to submit their information for publication. Those that did wish to participate completed the entire questionnaire, including identifying by commodity and function (or feature) whether their software had 1) capabilities that were in use by a current user, 2) capabilities not currently used by a client or 3) provided no capabilities in each function/commodity combination. These were reviewed and edited by ComTech to ensure all vendors conformed to the same standard, and adjustments were made to some vendor responses to ensure consistency amongst all respondents. The information submitted by the vendors was used, in large part, to complete the vendor/product listing, along with information collected in other ComTech surveys and research. The final listings were compiled by ComTech analysts.

For information on CTRM vendors that elected to not participate in the production of this SourceBook, please visit http://www.CTRMCenter.com/ctrmdirectory/

European Regulations – REMIT Reporting Services and Solutions
European Regulations – REMIT Reporting Services and Solutions

The Regulation of the wholesale Energy Market Integrity and Transparency (REMIT) came into force in December 2011, twenty days after the “Level 1” text was passed by the European Parliament. The main purpose behind REMIT is to outlaw market abuse in the wholesale gas and power market in Europe. REMIT is part of the “third package” of rules that are intended to move the EU towards a single wholesale market.

REMIT applies to all physical and financial trades, and also includes LNG where the supply is intended for the EU network.

Anyone who executes a trade for delivery inside the EU is subject to the rules, no matter where in the world they are based. In this sense REMIT is distinct from many financial regulations. REMIT is enforced by National Regulatory Authorities (NRAs), who are local energy regulators. For example, Ofgem enforce REMIT in the GB market using specifically drafted UK regulation which has extended their powers of enforcement (Northern Ireland is covered by the “Utility Regulator”). The entire effort is coordinated on an EU wide basis by ACER, the Agency for the Cooperation of Energy Regulators.

Analyst Note - Eka Commodity Analytics Cloud

Eka recently announced a new product line, separate and apart from their other product offerings based on the InSight CM platform. This new product, Commodity Analytics Cloud, does represent a departure from other commodity management products on the market and we believe it potentially represents a new software category within the CTRM marketplace. As such, we are providing this Analyst Briefing Note update to provide some of our early views.

For a more complete coverage of Eka, including a corporate overview, strategy discussion and products overview, by ComTech analysts, please refer to our most recently updated ComTech Analyst Briefing Note released in November 2014.

Eka recently announced the release of a new product that it terms the Commodity Analytics Cloud. According to the company, the goal of the new application is to accelerate information flow and analysis for commodity trading and commodity management companies. The solution crosses several categories of technology and software, including integration solutions, BI tools, analytics, Big Data solutions, data cubes and cloud offerings; and as such, it’s a product that is difficult to slot in any single existing solution category.

CTRM Community

PM markets: Wheat falls on global supplies

Published by agrimoney
An Egyptian tender uncovers the low cost of Black Sea wheat, but soybeans get a boost from rallying oil prices Read More... continue reading

Oil records biggest 2-day gain in years

Published by Commodities Now
Source: Financial Times, 28th August 2015 Jump triggered by speculators buying back bets on lower prices Read the full article on FT.com Read More... continue reading

Oil heads for biggest 2-day gain in years

Published by Commodities Now
Source: Financial Times, 28th August 2015 Jump triggered by speculators buying back bets on lower prices Read the full article on FT.com Read More... continue reading

ETF providers question US trading limits

Published by Commodities Now
Source: Financial Times, 28th August 2015 Pricing problems linked to post-flash crash regulations Read the full article on FT.com Read More... continue reading

The 7 Deadly Sins of Regulatory Trade Reporting

Published by ETR Advisory
See here for an  article by Harry Nota of Openlink on the “7 Deadly Sins of Regulatory Trade Reporting”.... continue reading

Oil crash opens way for services deals

Published by Commodities Now
Source: Financial Times, 28th August 2015 Schlumberger’s proposed takeover of Cameron is an attempt to better serve deepwater oil explorers Read the full article on FT.com... continue reading

Reduced offshore share in U.S. oil and natural gas production lowers risk from hurricanes

Published by U.S. Energy Information Administration
The domestic market for distributed wind turbines has weakened since the record capacity additions in 2012. Last year’s installations of mid-size and small wind turbines were... continue reading

Friday night lights, provided by petrochemicals

Published by Platts Blog
Many athletes, from Pop Warner to the NFL, participate in American football each fall. Petrochemicals play a vital role in the game, from the plastics in the... continue reading

Industry Voices

CTRM Recruitment update with Carl Vellenoweth of Commoditas Partners

Published by Carl Vellenoweth
Spike in LNG CTRM skills Over the last 18 months there’s been an increasing number of multi-national and national oil companies setting up trading hubs,... continue reading

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

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