Gary Vasey - Author Archive

Post GDPR – New Marketing Strategies Abound

I have written a number of times about the impact of GDPR on marketing in the CTRM space. However, it has become very clear to me that ingenuity knows no bounds and the software vendors and service providers have adapted to the decimation of their email lists and the difficulties... continue reading

U.S. gives rare earths reprieve in revised $200 billion China tariff list

Tom Daly BEIJING (Reuters) – The United States did not include rare earth elements, metals used in magnets, radars and consumer electronics, from its final list of tariffs on $200 billion of Chinese goods, underscoring its reliance on China for the strategic minerals.China is the world’s largest producer of rare... continue reading

Trumped: How Seoul’s U.S. trade ‘coup’ left Korea steel in limbo as Japan marches on

SEOUL/TOKYO (Reuters) – As much as half of output capacity at some specialty South Korean steelmakers has ground to a standstill as an exemption to U.S. import tariffs they first hailed as a Seoul diplomatic coup turns out to be an quota bottleneck. Production lines are standing idle, people with... continue reading

Powel completes Nordkraft delivery – on budget and ahead of schedule

Northern Norwegian power producer Nordkraft Produksjon AS has operationalised Powel’s Smart Energy platform for their entire production planning process – from seasonal planning to settlement. Less than a year after contract signing the delivery project is completed, on budget and ahead of schedule. The move to all-new systems is an... continue reading

Mining ‘Gold’ From Data

The explosion of data combined with the application of proper data management, AI and ML and visualization tools is opening up previously unheard of opportunities in commodity trading – as well as forcing some more conventional traders to pull back from the market. Take for example, CME Datamine. CME Datamine... continue reading

CubeLogic establishes Scandinavian office

– Expansion will enable acceleration of growth in sales, professional services and customer support – BREXIT contingency plan to ensure smooth continued operations in the European Single Market Wednesday 12th September 2018 – London and Copenhagen. CubeLogic, the leader in business intelligence enabled risk management solutions, today announces the opening... continue reading

ION sees cross-industry growth in implementation of treasury and risk management systems worldwide

NEW YORK, Sept. 12, 2018 /PRNewswire/ — ION, the largest global provider of trading, analytics and risk management solutions for capital markets, commodities and treasury management, is working with an increasingly diverse set of clients to design and implement fully integrated, single platform treasury management systems (TMS) that also provide robust risk management... continue reading

ICE Data Services and OneMarketData to Offer Real-time Streaming Tick Data and Analytics

Intercontinental Exchange, Inc.  a leading operator of global exchanges and clearing houses and provider of data and listings services, announced that ICE Data Services will offer an on-demand tick data and analytics service, utilizing OneMarketData’s OneTick platform. This service will be provided over the ICE Consolidated Feed, which delivers aggregated real-time data... continue reading

U.S. oil exports to Japan, South Korea soar as refiners reap steep discounts

SINGAPORE/HOUSTON (Reuters) – U.S. oil exports to Japan and South Korea will rise to record highs this month as Asian refiners take advantage of the steep discounts American sellers are offering after losing Chinese customers amid the trade dispute between Washington and Beijing. Ship tracking data in Thomson Reuters Eikon... continue reading

Funds sour on CBOT grains, soy against trade consensus: Braun

CHICAGO (Reuters) – Speculators were pegged last week by trade sources as net buyers of Chicago-traded corn, soybeans and wheat, but their corn views did not budge, and they were instead net sellers of soy and wheat. Despite a drop in exportable wheat supply worldwide, U.S. exporters have yet to... continue reading

Brady PLC Gears Up For Senior Managers Regime Regulations With Trailight

The Senior Managers Regime (SMR) is a part of UK financial regulations aimed at increasing the personal accountability of senior people in the financial services industry. It came into effect in March 2016 and covers both domestic and international firms with UK operations, and is due to be extended to cover a... continue reading

New CTRMRadio Episode Available – The Changing Nature of the CTRM Procurement Process

CTRMRadio – Episode 5 is now available to interested listeners. CTRMRadio 5 visits the topic of the changing nature of procurement in the CTRM and CM software space. The Cloud is helping shape a new way to procure software that uses proof of concept or trials to help shape and... continue reading

Cloud For Utilities Announces Industry Consortium And Flagship Partner, Oracle

WASHINGTON, Sept. 6, 2018 /PRNewswire/ — Cloud for Utilities today announced its Industry Consortium, which aligns industry thought leaders from utility companies and leading technology firms to establish best practices related to cloud computing and digital solutions for the utility industry. In addition, Cloud for Utilities announced a collaboration with... continue reading

16 Mid-to-large Sized Commodity Businesses Adopt Eka’s Digital Commodity Management Platform in the First Half of 2018 to Drive New Levels of Growth

Eka’s revolutionary Digital Commodity Management (CM) Platform allows commodity businesses in agriculture, metals and energy to go-live at a fraction of CTRM time and cost. Eka aims to digitize commodity value chain end-to-end on its Digital CM Platform with powerful “out of the box” apps, building real-time workflows from sourcing... continue reading

Commodities Engineering and Balsamo Ready to Take Off

What do you do if you work in the commodities trading business implementing CTRM for many years only to discover that each system has its own shortcomings? You start your own software business! In fact, many of the smaller vendors offering CTRM and CM solutions today started in exactly that... continue reading

Top banks’ first-half commodities revenue climbs 38 percent: report

LONDON (Reuters) – Commodities-related revenue at the 12 biggest investment banks in the first half gained 38 percent year on year, driven by the energy and base metals sectors, consultancy Coalition said on Thursday. Revenue from commodity trading, selling derivatives to investors and other activities in the sector climbed to... continue reading