The CTRM Blog

CommodityPoint chose Amsterdam as the location for its 2011 planning sessions meaning that almost the entire team was there for E-Mart. E-Mart had around 1000 registered visitors and a smallish tradeshow. We took advantage of many vendors and others being in the same location and had many many meetings which we think were extremely profitable for both parties. We met with DataGenic, SAS RiskAdvisory, IRM, Navita, VIZ Risk Management, PWC, Accenture, Agiboo, APX Endex, LIM, Sirius Solutions, Kyos, Abacus Solutions, Trayport, Triple Point, Montel, FEA and several others during the show.

Brady PLC said it has conditionally agreed to acquire Viz Risk Management Services AS for an aggregate consideration of approximately £9.6 million in cash.

The Company intends to raise £15 million (before expenses) by way of a conditional placing by Cenkos Securities plc of 25.42 million new ordinary shares with various institutional and other investors at a price of 59 pence per share to fund the consideration payable for the Acquisition. The balance of the net proceeds of the Placing will be used for additional working capital for the Brady Group.

A new Technical Briefing Note is available from the Reports and Articles page dealing with LIM’s CTRM Data Validation tool. It is free to download.

ICE, the IntercontinentalExchange, announced last week that they had bought out TradeCapture OTC, the developer of exchange aggregation and analysis tools. The company’s premiere product was the Tap and Trade application, a mobile solution that enabled traders to interface with their system via iPhone, primarily to review prices. As mentioned previously on this blog, the company was also working to enable traders to execute trades through the iPhone, iTouch and the iPad.

The Industry Views Feature is a new feature that we will run here on CTRMBlog.com in which we invite the different CTRM vendors to answer some questions about their company, product and observations around the market in general. ALL the vendors have been invited to participate and we will post them more or less in the order we receive them back.

Charlie Sanchez, Executive Lead, Commodity Finance Risk for RiskAdvisory, a division of SAS.

Please describe your company and product(s)?