CTRM Center - CTRM, ETRM, Risk and more

Latest Blog

Life is about Parallels

It was 1996. Houston was hot and humid as usual as I drove up to start my new job with TransGas Management Inc. I had come across TransGas along with many of the other early gas management... continue reading

Suddenly, Consortia are Actually Delivering

Over the last, what is it now… 35-years in the energy and commodity industry, I have rarely seen participants in the industry work together for their common good. On... continue reading

E-World Coming Up!

Anyone in the European energy and utility industry seems to make an annual migration to Essen each February. Actually, no offense to Essen, but it is just about the most boring place on the planet and E-World... continue reading

A Role for Social Media?

Social media have become a very popular medium and arguably a relatively untapped source of potentially useful intelligence for commodity businesses. Twitter and industry expert blogs are already utilized in other asset classes, such as equities, to... continue reading

Latest News

CANADIAN START UP GRAIN DISCOVERY EXECUTES WORLD’S FIRST CORN TRANSACTION USING BLOCKCHAIN

New tech start-up Grain Discovery will revolutionize how farmers trade their grain. The way grain is bought and... continue reading

Bad bets on oil, gas spark wave of energy-fund closures

NEW YORK/HOUSTON (Reuters) – Energy fund managers took heavy losses last year with wrong-way bets on the prices of oil and natural gas,... continue reading

Oil prices slip as U.S. crude output nears 12 million bpd

SINGAPORE (Reuters) – Oil prices fell on Thursday as U.S. crude production neared an unprecedented 12 million barrels per day (bpd) just as... continue reading

MineHub Technologies Collaborates with IBM to Introduce Global Mining and Metals Supply Chain Solution using Blockchain Technology

Goldcorp, ING Bank, Kutcho Copper, Ocean Partners and Wheaton Precious Metals Collaborate with MineHub on Industry-Wide Approach to... continue reading

Videos

Interview with Jeff Chapman – Sr. Vice President, Drillinginfo

In this edition of Conversations with Leaders in CTRM Technology, Patrick Reames visits with Mr. Jeff Chapman, SVP and GM of Drillinginfo’s Commodity Data Solutions group. Mr. Chapman discusses the company’s data & analytics offerings, their plans in the AI and analytics space and his view of how the data & analytics space will develop in the coming years.

More videos

Blog

Life is about Parallels

It was 1996. Houston was hot and humid as usual as I drove up to start my new job with TransGas Management Inc. I had come across TransGas along with many of the other early gas management application vendors in my role as GM, Energy & Utilities for Sybase. I’d had a good couple of years helping to build partnerships and reseller agreements with a variety of these new start-up firms that were springing up in Texas and the North East. There were two clear drivers that were fuelling this sudden creation and growth of a new software category. The first was clearly FERC 636 that broke up the functions of energy firms in natural gas markets to try to create a more competitive market and the second was something called Stored Procedures & Triggers in the... continue reading

Suddenly, Consortia are Actually Delivering

Over the last, what is it now… 35-years in the energy and commodity industry, I have rarely seen participants in the industry work together for their common good. On initiative that I was very familiar with and involved in was POSC  (Petrotechnical Open Software Corporation), an industry-funded initiative to develop standard data models in E&P. It went on a long time, cost a lot of money and produced a data model that people played lip service to mostly so far as I could tell. I wasn’t involved in GISB (Gas Industry Standards Board) but my understanding is that this effort likewise produced industry standard pipeline data models that everyone adopted along with their specific and proprietary add-ons! From where I sit, industry initiatives have been few and far between... continue reading

E-World Coming Up!

Published 15 January 2019

Anyone in the European energy and utility industry seems to make an annual migration to Essen each February. Actually, no... continue reading

A Role for Social Media?

Published 10 January 2019

Social media have become a very popular medium and arguably a relatively untapped source of potentially useful intelligence for commodity... continue reading

Scalable Data Systems Acquired by Sonata Software

Published 8 January 2019

Another acquisition in the CTRM space has taken place down under over the holidays as Sonata Software announced... continue reading

Happy New Year (not a repeat of last year’s blog in case you’ve got a great memory!) by David Calmonson

Published 7 January 2019

Wishing all CTRM readers, their families, pets, and servants a very Happy,... continue reading

VAKT, Blockchains, Consortia and Solving Industry Problems

Published 2 January 2019

I recently had the opportunity to talk with Ms. Frances Dean, VP Operations & Corporate Services, and other... continue reading

Happy New Year!

Published 2 January 2019

Here is to a Happy and prosperous 2019 to all of our readers. Normal services will be resumed very shortly…..... continue reading

Happy Holidays!

Published 24 December 2018

Patrick, Andrew and I wish you all a very happy and safe Holiday!  ... continue reading

5 CTRM Storylines to watch in 2019

Published 20 December 2018

As the new year dawns, we at ComTech are watching developments on a number of fronts. That said,... continue reading

News

CANADIAN START UP GRAIN DISCOVERY EXECUTES WORLD’S FIRST CORN TRANSACTION USING BLOCKCHAIN

New tech start-up Grain Discovery will revolutionize how farmers trade their grain. The way grain is bought and sold hasn’t changed much since our grandparents were farming! In the age of Amazon and eBay, we reckoned the industry deserves better.” — Rory O’Sullivan, CEO of Grain Discovery PRINCE EDWARD COUNTY, ONTARIO, CANADA, January 16, 2019 /EINPresswire.com/ — New tech start-up Grain Discovery sets its sights on transforming the agriculture industry following the world’s first corn transaction using blockchain. This trade on the Grain Discovery platform is the first step in creating a more modern, transparent, and secure agricultural supply chain. Founded in 2018 by leaders in the commodities, blockchain, trading and data fields, Grain Discovery aims to... continue reading

Bad bets on oil, gas spark wave of energy-fund closures

NEW YORK/HOUSTON (Reuters) – Energy fund managers took heavy losses last year with wrong-way bets on the prices of oil and natural gas, leading to a wave of closures in the volatile fund sector. The number of active energy-focused funds fell to just 738 in 2018 through September from about 836 in 2016, according to the latest available data from hedge funds industry tracker Eurekahedge. That’s the lowest number of active funds since 2010. The number of funds solely focused on oil or gas has tumbled to 179 in 2018 from 194 in 2016. Funds that have suspended operations included high-profile names such as Jamison Capital’s macro fund, T. Boone Pickens’ BP Capital and Andy Hall’s main hedge fund at Astenbeck Capital Management, along with smaller niche... continue reading

Oil prices slip as U.S. crude output nears 12 million bpd

Published 17 January 2019

SINGAPORE (Reuters) – Oil prices fell on Thursday as U.S. crude production neared an unprecedented 12 million barrels... continue reading

MineHub Technologies Collaborates with IBM to Introduce Global Mining and Metals Supply Chain Solution using Blockchain Technology

Published 16 January 2019

Goldcorp, ING Bank, Kutcho Copper, Ocean Partners and Wheaton Precious Metals Collaborate... continue reading

VAKT adds Chevron, Total S.A. and Reliance Industries as investors

Published 16 January 2019

LONDON – January 16, 2018, – VAKT, the company re-imagining commodity post-trade processing underpinned... continue reading

ALLEGRO INTRODUCES NEW VERSION OF AGRICULTURE CTRM SOFTWARE

Published 15 January 2019

Delivers Advanced Risk Management, Enhances P&L Valuation and Reporting, and Better Manages the Production to Inventory Process SINGAPORE,... continue reading

Drillinginfo Acquires MineralSoft to Expand Focus on Managing Mineral and Non-operated Interests

Published 15 January 2019

Targets $1 trillion asset class with differentiated technology solution Austin, Texas (January... continue reading

Oil prices expected to stay anchored around $65-70 through 2023: Kemp

Published 15 January 2019

LONDON (Reuters) – (John Kemp is a Reuters market analyst. The views... continue reading

Eka adds 25 new client logos in 2018

Published 15 January 2019

COMMODITY BUSINESSES ACROSS MARKETS SHIFT FROM MONOLITHIC, LEGACY SYSTEMS TO EKA’S MODERN DIGITAL COMMODITY MANAGEMENT PLATFORM Leading global... continue reading

Global metals trading volumes slide on macro uncertainty: Andy Home

Published 14 January 2019

LONDON (Reuters) by Andy Home – (The opinions expressed here are those... continue reading

Interview Corner

Disruptive and Enabling Technologies in Commodities

Published 9 January 2019

Interview with Matt Dolton CEO and Co-founder at Kynetix ComTech Advisory: We recently issued our disruptive technologies research report in which we discussed the massive... continue reading

Regulatory Compliance TRADESPARENT

Published 17 September 2018

An interview with Mr. Alexander Regnault, Director Operations, TRADESPARENT ComTech Advisory: TRADESPARENT now offers a variety of different solutions from risk management to regulatory compliance... continue reading

ETRM and PPAs – The View from Down Under

Published 7 August 2018

An interview with Mr. Shaun Ankers, CEO, Energy One ComTech Advisory: Can you give us an update on Energy One? What key initiatives are you... continue reading

FIS Looks to Leverage Products into Energy & Commodities

Published 26 June 2018

ComTech Advisory: FIS Energy & Commodities is just a part of a larger group of products and business units offering trading and risk products that... continue reading

Brady’s Product Strategy and Direction – Interview with Ms. Libby Koehn, Chief Product Office, Brady PLC

Published 3 April 2018

Ms. Libby Koehn joined Brady PLC recently as Chief Product Officer. We asked her about Brady’s strategy, products and views on market developments. ComTech Advisory:... continue reading

An Interview with Rich Jefferson, Commodities COO at Beacon

Published 27 March 2018

Comtech recently had the opportunity to visit with Mr. Rich Jefferson, Commodities COO at Beacon to get his thoughts about Beacon Growing Rapidly and Finding... continue reading

FIS Gear Up to Launch Multiple Product Strategy into Commodities

Published 20 February 2018

Commodity Technology Advisory asks Dr. Markus Seiser, COO, FIS Energy, about FIS’s strategy and plans for Energy & Commodities ComTech Advisory: FIS now markets its... continue reading

Interview with Metafused

Published 1 February 2018

ComTech Advisory: What is Metafused and what does it offer? Madhuban Kumar: Metafused’s platform provides automated AI predictions for financial services and increases their efficiencies... continue reading

CTRM Community

Rethinking CTRM – Part Two

Published 18 January 2019

New Approaches to Design Commodity Trading and Risk Management (CTRM) and Commodity Management (CM) software is very complex because the business is itself extremely complex,... continue reading

EIA forecasts renewables will be fastest growing source of electricity generation

Published 18 January 2019

EIA expects non-hydroelectric renewable energy resources such as solar and wind will be the fastest growing source of U.S. electricity generation for at least the... continue reading

Report on Nordic power market default

Published 18 January 2019

A report has been published by Finanstilsynet, the Norwegian National Competent Authority, on the issues that contributed to a large default that took place last... continue reading

EIA expects relatively flat natural gas prices, continued record production through 2020

Published 17 January 2019

EIA’s January 2019 Short-Term Energy Outlook (STEO) expects several U.S. natural gas market trends from 2018 to continue into 2019 and 2020, including relatively stable... continue reading

Geopolitical tremors mean a choppy outlook for oil in 2019

Published 17 January 2019

Get used to more scary oil market volatility in 2019. This is the message coming from leading industry strategists and forecasters after a bruising end... continue reading

Less volatile gas prices give newest US LNG plant smoother start-up

Published 16 January 2019

US LNG export projects, whether brownfield or greenfield, are multi-year, billion dollar projects. While construction timelines dictate their commissioning schedule, there can be inconvenient and... continue reading

EIA forecasts world crude oil prices to rise gradually, averaging $65 per barrel in 2020

Published 16 January 2019

EIA’s January Short-Term Energy Outlook forecasts that world benchmark Brent crude oil will average $61 per barrel (b) in 2019 and $65/b in 2020, an... continue reading

Insight from Shanghai: Waking up from the Chinese dream

Published 16 January 2019

There have been better starts to the New Year. The December Caixin Manufacturing PMI, a survey of Chinese manufacturing activity, contracted for the first time... continue reading

Industry Voices

Trading Re-imagined – How Digitization is Reshaping the Commodity Trading Industry

The Commodity Trading industry is on the cusp of transformation – and Digitization is at the heart of the change. By Cyrus Dadachanji, Partner, Midstream... continue reading

Brexit: Passporting aside – regulatory considerations for firms providing investment services

Sophie Crisp, Manager, Risk and Compliance | 15 Jul 2016 Since the Brexit result, the focus for many has been on firms maintaining passporting rights... continue reading

The latest trends in near shoring / Human Capital

At a recent gathering of CIO’s from some of the commodities traders it became clear that ‘near shoring’ is again the flavor of the month.... continue reading

REMIT Reporting is nearly done – can we now forget about European regulation?

There are now only a few days to go until the second, and final, reporting deadline under REMIT, on 7th April. From that date, all... continue reading

Sponsors

  • 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.
    www.comtechadvisory.com