Gary Vasey - Author Archive

Varun Dinodiya appointed new Director of Business Development at Kynetix

Kynetix, the leading provider of financial technology which connects markets to the physical economy are pleased to announce the appointment of  Varun Dinodiya  as their new Director of Business Development. Varun’s career focus to date has been in two primary areas – senior commercial and marketing experience in commodities, and... continue reading

Oil prices rise as China, U.S. put trade war ‘on hold’

SINGAPORE (Reuters) – Oil prices rose on Monday as markets reacted to news that China and the United States have put a looming trade war between the world’s two biggest economies “on hold”. Brent crude futures were at $79.06 per barrel at 0650 GMT, up 55 cents, or 0.7 percent,... continue reading

UK announces extra measures to support shale gas development

Nina Chestney LONDON (Reuters) – The British government announced measures on Thursday to speed up planning applications to support development of the shale gas industry. Weaning Britain off imports is one of the driving forces behind government support for hydraulic fracturing, which involves extracting gas obtained from rocks broken up... continue reading

TRADESPARENT Broadens its Scope

TRADESPARENT continues to grow and is expanding in the US and Asia, Norbert Verhagen told me in a recent catch up call. The company has just completed a rebranding to better reflect what it believes to be its differentiation and capabilities; offering data and analytics solutions. Our mission is “to... continue reading

Contigo Snap Survey Produces Interesting Results

UK-based, Europe-focused ETRM vendor, Contigo, just put out the results of a snap survey it did during March 2018. It got 56 responses and the results are very interesting. According to the survey, most respondents are both excited and concerned by the pace of change in energy trading citing in... continue reading

Mining Giant Anglo American Deploys AspectCTRM For Global Marketing & Trading Business

Aspect Enterprise Solutions, An ION Group Company, and Anglo American Marketing Limited, the marketing arm of one of the world’s biggest mining companies and largest producer of platinum, are engaged in a multi-million-dollar partnership. HOUSTON (PRWEB) MAY 15, 2018 Aspect Enterprise Solutions, An ION Group Company, and Anglo American Marketing Limited,... continue reading

With glut almost gone, OPEC still cuts more than oil pact demands

Alex Lawler, LONDON (Reuters) – A global oil glut has been virtually eliminated, figures published by OPEC showed on Monday, thanks to an OPEC-led pact to cut supplies that has been in place since January 2017 and due to rising global demand. Despite this, OPEC’s latest report also said producers... continue reading

Give us Your Point of View!

As we head into the weekend, we still have two surveys going and are looking for responses. Each takes around 5 minutes to complete and each will result in a FREE report that will tell you what your peers are thinking… so why not take a minute or two of... continue reading

PIMCO Announces Strategic Partnership with Beacon Platform Incorporated

PIMCO will take a minority stake in Beacon and license its cloud-based platform NEWPORT BEACH, Calif., May 10, 2018 (GLOBE NEWSWIRE) — PIMCO, a leading global investment management firm, has entered into a strategic partnership with Beacon Platform Incorporated, a financial technology company specializing in the development of cloud-based, end-to-end... continue reading

Inatech Picks Romania to Expand Product Development in Oil Trading ETRM

Inatech, the energy trading risk management (ETRM) systems provider owned by Glencore, today announces that it has picked Romania as a new hub for IT development. Inatech has taken on five developers in Bucharest to work on new releases of its key ETRM product for the oil trading industry. The... continue reading

Brady PLC Gets Focused

A couple of weeks ago, I spent the day with a team at Brady PLC headed by Ms. Libby Koehn, Chief Product Officer. It had been a while since we had had a full briefing from the company as through much of 2017, Brady was focused on internal reorganization. According... continue reading

Oil jumps to highest since 2014 after U.S. quits Iran deal

LONDON (Reuters) – Oil prices rose more than 3 percent on Wednesday, hitting 3-1/2-year highs, after U.S. President Trump abandoned a nuclear deal with Iran and announced the “highest level” of sanctions against the OPEC member. Ignoring pleas by allies, Trump on Tuesday pulled out of an international agreement with... continue reading

CTRMRadio – M&A in the CTRM Industry

Our new monthly podcast series has proven to be quite popular and is getting a lot of listeners so we hope this month’s edition on M&A in CTRM will entice an increasing number of listeners. The 3rd edition of the monthly Podcast series from Commodity Technology Advisory LLC reviews some... continue reading

Blockchain platform for commodity trading to launch in Singapore

Global Trade Review – Arkratos, a Singapore company linked to trading house Rhodium Resources, is to launch a commodity trading platform built with blockchain technology. Arkratos is aiming to launch its Kratos platform this month, and is currently trialling it with four traders based in Dubai, Hong Kong, Malaysia and... continue reading

2018 Vendor Perception Study

Commodity Technology Advisory is in the early stages of commencing the 2018 Vendor Perception Study. Conducted every two years, this study gauges end users and consultants opinions on market leadership across various categories for CTRM products and vendors and is a highly anticipated report. Having a long history of conducting... continue reading

An Introduction to EGSSIS

While we track over 100 vendors in the CTRM and related space, we still frequently happen upon other vendors. Recently, for example, we heard of EGSSIS and saw its stand at E-World. EGSSIS has actually been around since 2008 delivering solutions for market access, communication and dispatching and now has... continue reading