Brno, Czech Republic and Houston, TX—August 2, 2010—CommodityPoint, A Division of UtiliPoint International, Inc. focused on research, analysis and consulting around global wholesale commodity markets and trading & risk management technologies, has released a landmark report on alternative delivery mechanisms for Commodity Trading and Risk Management (CTRM) software. The report looks at the rising popularity in some segments of the industry for delivery mechanisms such as Software as a Service (SaaS), hosting and leasing as opposed to the more traditional on premise licensing model. The report is available for free on the UtiliPoint and CommodityPoint websites. This research and subsequent report were sponsored and supported by Allegro Development, Aspect Enterprise Solutions, IHS, Navita, Open Acess Technology International (OATI), and SolArc.
“While the traditional installed-software model is still dominant in the CTRM space, the rise and success of vendors specializing in web-delivery of comprehensive functionality serving trading ard risk management points to a growing acceptance of the SaaS model. While much of these software companies’ success has been found in selling to those mid-sized and smaller trading companies looking for an affordable solution, we have seen several larger trading shops adopt SaaS deliveried systems, perhaps indicating a weakening of many of the long-held objections to that model,” according to Patrick Reames, Managing Director, CommodityPoint, The Americas.