The CTRM Blog

Houston, TX and Brno, Czech Republic, May 19, 2011, CommodityPoint, a leading provider of world-class research, analysis and consulting around global commodity markets and underlying technologies, today announced the release of version 3.0 of the popular CTRM Software Sourcebook.

The CTRM Software Sourcebook v3.0 offers updated listings for more than 40 E/CTRM vendors, providing a high-level guide, complete with graphical data, functionality, and product install base, to help determine the best choices in CTRM software to support specific business needs. With an estimated circulation of over six thousand, the Sourcebook has proven to be a useful and usable resource for those seeking to build a list of potential E/CTRM software suppliers for inclusion in the RFI and/or RFP process.

CommodityPoint has historically undertaken assessments of market size for Energy Trading & Risk Management (ETRM) Software on a two year cycle. The last two studies of this kind were published for European ETRM market size in October 2007 and for North American ETRM market size in August 2009. For the first time, CommodityPoint has extended the scope of its market sizing studies to include all commodities in order to present an analysis of the market size for Commodity Trading & Risk Management software¹. This type of market sizing data is critical for this industry as it is used by investors, software firms, consulting organizations and others to support investment decisions and guide the allocation of resources (both capital and human).

There is a sense of excitement and a degree of nervousness around the office here in Brno as we make final preparations for our first ever CTRM Technical Conference in Prague on Monday (23rd May). The banners and the delegate notebooks and pens have all arrived and all look good and we are preparing the agenda handouts etc. Right now we have just over 80 registrations for the conference so attendance is going to be strong but the room can hold about 100 people so there is still room for one or two more (go to http://www.ctrmconference.com to register). We will all be headed up the D1 motorway Sunday morning to prepare and welcome people to the Sunday evening Cocktail Reception sponsored by TransGraph.

Spending for Commodity Trading & Risk Management (CTRM) Software to Top $2B
Leading CTRM Industry Analyst CommodityPoint Releases New Market Size Report

Houston, TX and Brno, Czech Republic, May 18, 2011: CommodityPoint, a leading analyst firm for the CTRM industry, announced today the release of its 2011 E/CTRM Software License Market Sizing Study report. The Study estimates total global expenditures for CTRM software in 2011 to reach $452 million. A report synopsis is available for free download and the complete report is available for purchase at either the UtiliPoint Web site or the CTRM Blog.

Aspect Enterprise has announced its first deal for its CTRM solution for metals by signing Ambassador Lushbury Group, a trading group specializing in the metals, fuels and energy sectors, to its commodity trading risk management platform AspectCTRM delivered as Software-as-a-Service (SaaS). Ambassador Lushbury will initially use the AspectCTRM Metals product for their copper, cobalt and steel trading operations and plan to add oil trading in the near future leveraging AES’ multi-commodity framework.

The announcement may be found here.