Hivedome – Busy Bees!
I spoke to Vic Thomas this morning at hivedome.net. Hivedome is another CTRM vendor that we discovered only recently offering CTRM solutions primarily in the Ags space but also in other commodities. Founded in 1983, Hivedome has 10 employees in the UK and a rich set of functionality. Mr. Thomas described all 10 employees as “consultant/developers” and the company as primarily a software house developing solutions for its clients and, for a small vendor, it has an impressive array of clients including Cargill, Tate & Lyle, EDF Mann, Luis Dreyfuss and more.
Mr. Thomas told us that its client base includes the whole range of commodity traders and described the product, ITAS, as a fully integrated, multi-company, multi-currency trading, administration and accounting system. The integrated nature of ITAS allows all input to be automatically available to all users. This automation allows all departments to maintain real-time administrative and planning control over their area of responsibility.
A small but busy company that is apparently quite choosy about who it does business with but one that commodity traders – particularly in the Ags space, should probably be aware of.
