Ctrm academic writing

Glad you asked! This morning I was talking to a risk executive from a trading firm who told me that with utilities slashing their budgets over the last few years, they had benefited from hiring some very seasoned and senior disgruntled traders, but that the regulations were now beginning to make their business very difficult.

Advertising Advertising All of this came at a time when one prominent vendor was acquired and more or less disappeared from the market overnight leaving a lot of their customers very upset as that firm slashed costs and support to all but their largest customers.

Sadly, Yes. New models are now emerging that utilizes the Cloud from new vendors who, familiar with such issues, have innovated different approaches that hold much promise for users.

Ctrm software solutions

Both terms broadly mean the same thing, with ETRM reflecting software solutions that address the capture, position management and accounting for any wholesale energy trade; and CTRM reflecting a wider reach including energy in some cases and encompassing other commodity categories including ags, softs, and metals. Others failed to deliver on promised capabilities and had contracts cancelled. I sat aghast. Secondly, the buyers that are out there are more often smaller entities with fewer seats and favor a usage-fee based approach — opting for cloud-delivered solutions. In the last few years, CTRM has been increasingly regarded as a component of an even larger software category called Commodity Management CM , further muddying the classification of the types of software that address the needs of the wholesale commodity marketplace. Advertising Advertising All of this came at a time when one prominent vendor was acquired and more or less disappeared from the market overnight leaving a lot of their customers very upset as that firm slashed costs and support to all but their largest customers. The majority of all vendors in the space were invited to submit their information for publication. Vendor provided software to service this wide-ranging market, commonly known as Commodity Trading and Risk Management or CTRM software, will similarly vary in possible functional coverage, with some CTRM solutions addressing specific functional components such as deal capture or risk analysis for a specific commodity , while others will attempt to model and provide wide-ranging functional coverage for all possible commodity classes and the unique physical operations associated with each and every possible combination in between. Our intention in developing the CTRM Sourcebook is to inform the reader of a wide universe of vendors and products, and allow companies seeking a new system to compile a list of vendors that may include some that might not have otherwise been considered, or that they may not have even previously been aware of. The problem for the vendor community however is this. Please contact us to find out more. Firstly, there has been a slow down in procurement with companies opting to delay expenditures and put projects on hold — especially in the middle tier or traditional package market. We have talked to people involved in, interviewed people involved with, written about, and audited implementations across the gamut of commodities and products. Increasingly, funding banks and shareholders also desire increased transparency into risk management for assurances and forward price curves are central to that function. The more I have thought on this, the more I realize that this speaker is and was not alone.

It requires a comprehensive plan, solid leadership both executive and project managementspecialized technical and business expertise, and a commitment from the software vendor to provide the necessary support to make their new client successful. Often the solution also carries a high cost of ownership as this traditional development model can mean months, if not years, between the emergence of a new requirement and the delivery of the matching functionality.

ctrm certification

Our intention in developing the CTRM Sourcebook is to inform the reader of a wide universe of vendors and products, and allow companies seeking a new system to compile a list of vendors that may include some that might not have otherwise been considered, or that they may not have even previously been aware of.

Vendor provided software to service this wide-ranging market, commonly known as Commodity Trading and Risk Management or CTRM software, will similarly vary in possible functional coverage, with some CTRM solutions addressing specific functional components such as deal capture or risk analysis for a specific commoditywhile others will attempt to model and provide wide-ranging functional coverage for all possible commodity classes and the unique physical operations associated with each and every possible combination in between.

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