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Industry News

CIO Article Asks Traceability Questions

I just found an interesting article in CIO magazine for December that although its a sponsored article, asks some interesting questions about ERP systems in the Food and Beverage space. Food and beverage manufacturers are facing tougher challenges than ever before. Massive food recalls have led to an unquenchable demand... continue reading

Beacon – A cloud-based financial platform comprising trading and risk tools

Just before Christmas, I had a demonstration from a company called Beacon. The company was founded in early 2014 by Kirat Singh and Mark Higgins, both Technologists with a track record of delivering comprehensive trading technology platforms for banks like JPMorgan, Bank of America Merrill Lynch and Goldman Sachs. Rather... continue reading

Traceability May Be The Hot Issue For 2017

Traceability is rapidly becoming or is already a major issue for many commodities. The widely accepted definition of traceability from the International Organization for Standards (ISO) is as follows, “The ability to identify and trace the history, distribution, location and application of products, parts and materials, to ensure the reliability... continue reading

Barclays is getting out of energy trading

Reuters is reporting that Barclays, one of Britain’s largest banks, is existing the energy markets, joining others financial institutions such as RBS Sempra and Deutsche Bank who had previously given up on energy. Reuters notes one potentially significant impact of the closing of their energy business: The departure of Barclays... continue reading

The Amazon Cloud is Starting to Feel like Skynet

As more CTRM vendors and customers look at moving their systems into the cloud, its worth noting that Amazon Web Services (AWS) just wrapped-up their latest Amazon cloud conference, titled re:Invent, and announced a bunch of interesting “cloud stuff”. The event, covered nicely in a summary slideshow by Network World,... continue reading

CTRM Conference Roundtable Unmissable?

The first roundtable discussion at the forthcoming 2016 CTRM Conference should be something rather special as it is focused on “Critical Issues for CTRM Users in a Low Cost Environment.” The broad collapse in most wholesale prices, which began in earnest mid-year 2014, has resulted in a prolonged period of... continue reading

Increasing Role of the Internet Threatened by DDoS Attacks

Last week, a French hosting company experienced the largest Distributed Denial of Service (DDoS) attack ever recorded. The attack was conducted by a botnet composed of at least 150,000 Internet of Things devices and it reached over 1Tbps. In fact, the company was hit by multiple attacks of over 100Gbps... continue reading

CubeLogic Returns as an Independent Company

Four years after they were acquired by OpenLink, CubeLogic has returned to the market as an independent entity.  In speaking with OpenLink senior management about the divestment of CubeLogic, they indicated they made the move in order to focus more on their flagship products – which they believe is the... continue reading

BJSS Brings Agile Development to Commodities’ Top Tier

I had a call with a UK-based consulting firm last week that had contacted us to give us a briefing on their activities in commodities. BJSS is a company that I actually wasn’t very familiar with but a brief conversation with Mr. Amir Soufizadeh, head of its commodities and utilities... continue reading

Oil Traders Panic…not because of prices, but because Yahoo Messenger is going away

Yahoo announced last month that they’re ending support of their legacy versions of their IM product, Yahoo Instant Messenger, and after August 5 will only support their web-based version. Unfortunately, for global oil traders who have for almost 2 decades used Yahoo IM as one their two default communication/trading channels... continue reading

Lower Commodity Prices Driving Push to CTRM in the Cloud?

Over the last 18 -24 months, as commodity prices have fallen, commodity traders/buyers/sellers of all types have had to grapple with rising costs and lower revenues. Recently, ComTech has been conducting research aimed at finding out what this has meant for ETRM software in particular. At this stage, we have... continue reading

The Desk is Back!

I’ve been a follower of John Sodergreen’s publications for years.  Under the banner of Scudder Publishing, his market reports, including The Desk (which launched in 1998), were always chock-full of solid market information and analysis that touched on almost all aspects of the energy markets including natural gas storage, gas... continue reading

COP21: The Impact On The Energy Industry According To Three Experts

COP21 was held in Paris last December, finding broad consensus on the need to cut emissions by the 196 parties attending COP21. However, it will not become legally binding unless 55 countries, whose CO2 emissions represent more than 55% of global CO2 emissions, sign it prior to 21st April 2017... continue reading

A Quick Trip to London

Last week, I spent a couple of days in London and took the opportunity to catch up with a number of vendors including Allegro, Brady, OpenLink, Aspect and Generation 10. I also met our colleague –  Aviv Handler. I learned quite a lot of course taking briefings from all of... continue reading

ComTech releases the 2016 CTRM Market Update

New report provides an interim review of market trends and market size ComTech has just released our 2016 CTRM Market Update report, which is an interim update to our biannual in-depth review of the CTRM software market space last published in April of 2015. This new update is based upon... continue reading

Brady’s Interim Results Speak Volumes

Brady PLC released its interim full year results for 2015 recently and in line with expectations, revenues were off 7% adjusted for currency, as a result of weaker market conditions in the second half of the year. Including in the impact of a weaker pound, the company’s results show a... continue reading

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