As the year end rapidly approaches, we have been planning some activities for 2022.
CTRM Market Sizing, Outlook and Trends
The first thing we will be getting out will be the CTRM market sizing (Market Sizing, Outlook and Trends report). This has been our focus in the last few weeks and is well in hand though whether it gets released prior to year end we do not yet know. It still needs quite a bit or writing. This report is our only ‘for sale’ report and is widely sought after.
Trends in Commodity Risk Management
We will also be launching a research project into Trends in Commodity Risk Management shortly. In fact, we will likely be sending out the prospectus next week seeking sponsors for the research and advertisers in the report when issued in Q3 2022. Commodity trading is fraught with risks of varying types. In recent years, the number of types of risks that businesses that trade, procure, consume of use commodities have increased considerably and now include not just price or market risk but also credit, regulatory, legal, political, operational, and other forms of risk. Moreover, the software used to track commodity transactions has also evolved considerably and is often light on risk analytics. Migration to software and/or services in the cloud has also introduced a whole series of other risks around IT, application, and infrastructure security. Fraudulent activities have also been in the news in recent months and years adding further checks and balances throughout supply chains to help minimize such risks.
The objective of this research will be to document the various risks and solutions emerging to help manage them in the industry at a generic level identify application classes in the process. Additionally, we will attempt to classify vendors and products in the market according to their relative risk capabilities and footprints at a directory-type level. This ‘directory’ can provide a tool for buyers and investors seeking to build short lists of solutions and will be used to overhaul the CTRMCenter online directory as well.
A New CTRM Book
We will also be working on a new book during 2022 with publication targeted later in the year. A lot has happened since we last wrote a book about CTRM and we feel like it is time to completely rewrite the book and issue an all new version. This will be a background activity for us next year and again, we do seek a limited number of premium sponsors to help support our work. We expect the book will be the definitive handbook for anyone interested in CTRM and CM software.
If you are interested in sponsoring or supporting our work, please do contact us.
