The CTRM Blog

Best practices nod to OpenLink solution which includes functionality for accurate forecasting, portfolio optimization and effective modeling

New York – March 5, 2012 – OpenLink Financial, LLC (OpenLink), a leading provider of energy, commodities, trading, and risk management (CTRM/ETRM) solutions, released findings from a recent webinar which surveyed senior energy and commodities industry professionals focused on renewable energy sources. The survey revealed industry participants’ priorities and greatest challenges with renewable energy sources, such as wind, hydro, or solar in their physical assets portfolio.

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:

The North American Energy Standards Board (NAESB) and Open Access Technology International, Inc. (OATI) to introduce the transition from TSIN Registry to webRegistry.

MINNEAPOLIS — January 30, 2012 — The North American Energy Standards Board (NAESB) and Open Access Technology International, Inc. (OATI) announce 90 minute INFO SESSIONS to introduce webRegistry to industry participants.

OATI webRegistry is the system NAESB selected to replace the TSIN Registry. It will include many capabilities, as defined by NAESB. INFO SESSIONS are scheduled for the following dates and times (all times are Central):

• February 02, 2012    9:00 to 10:30 AM; 2:30 to 4:00 PM

Brady Plc is the only publicly held CTRM vendor in the space.  Being public, and therefore being required to report their financial results, the company provides some unique insights into the health of the CTRM market, especially in their core market area of Europe.

According to their press release of January 16th, the company saw a 70% year-over-year growth in revenues in 2011, including increases in recurring revenue (revenues from support & maintenance, license “rentals”, etc)  of 145%, which represents about 52% of their total 2011 revenues.  Recurring revenues in 2010 were only 36% of total revenues.  They noted that they had secured 14 “substantial” new license sales in 2011, versus 10 in 2010.

CommodityPoint‘s CTRM Vendor Perception Survey is nearing its completion and you have but days left to express your thoughts about who’s the leader in CTRM (amongst other thoughts), as we conduct this latest version of our biennial review of the market’s perceptions of trading and risk management applications and their vendors.

So, we would really appreciate hearing your opinions about, and experiences with, the various products and vendors that support energy and commodity trading activities around the globe.  The short electronic survey won’t take you long to complete and the final report will be freely available for you to check how your views match up with others.