The CTRM Blog

A CommodityPoint CommodityAlert

Patrick Reames, Managing Director

Service providers and system integrators are a vital part of the CTRM landscape, providing unique skills or supplementing resources for companies that are working to improve their CTRM system capabilities. In fact, a recent CommodityPoint study, Consultants and Systems Integrators in Trading and Risk Management, notes that about 80% of the companies utilizing commercial CTRM systems have employed the services of one or more of these consulting organizations.

The companies that provide these services around CTRM software can be generally described as one of four types of providers:

Though non-binding, a report released late last week by the Bipartisan Policy Center should provide momentum toward the lifting the deepwater drilling moratorium currently in place in the wake the of the Deepwater Horizon disaster.

The BPC, a Washington based non-profit think tank, was founded by four former Senators, two each representing Democrats and Republicans, and has been dedicated to, “develop and promote solutions that can attract public support and political momentum in order to achieve real progress.” The BPC was asked by the federal government’s National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling to review the effect of the moratorium and the response by both industry and the government.

Last week, David Steele (President of UtiliPoint International, Inc.), Patrick Reames (MD, CommodityPoint, Americas), Mark Tredway (Director of Business Development, CommodityPoint) and myself spent a couple of days in Prague doing some business. The weather, although cold, was actually quite nice and we did manage to get some sight seeing in too ably directed by John Mohr (CEO, CFO2GO – our local accounting firm). Here are a few pictures of Prague and ourselves ….

Reames, Steele, Vasey and Tredway by the Prague Astrological Clock

Admiring the Charles Bridge and Prague Castle

Prague Castle and Seat of Government