Share this
Twitter
Digg
Del.icio.us
Reddit
StumbleUpon
Technorati
Facebook
LinkedIn
Print
E-mailCommodity Market Development ... 
CTRM Software
Trading in today's complex commodity sectors continues to be driven by technology. This Award will be granted to the company which has made a unique and substantial impact on commodity market trading efficiency and effectiveness – in the quality of trade execution, risk management and reporting – through technological advances: This Award is supported by market research conducted by leading CTRM market advisory CommodityPoint [a division of UtiliPoint International].
The scope of this Award comprises developments in front, middle and back office application technology; online trading; data aggregation and management; billing and communications systems. This Award is not limited to enterprise-wide providers or independent software vendors.
CTRM software has remained a bastion of the traditional licensing, implementation on-site, and support and maintenance model. "Commodity trading, transaction and risk management, as a practice, is complex – very complex – and for a variety of reasons. Traders in this industry can (and many do) transact in multiple commodities, multiple markets, multiple instruments, multiple assets, multiple currencies, and utilise multiple transportation methods. They make their buying and selling decisions by constantly tracking and analysing price trends, price correlations, supply/demand imbalances, physical system constraints, weather forecasts, and a plethora of other factors, both internal and external to the company," explains Dr. Gary Vasey principal analyst with CommodityPoint .
As a result of all of this complexity, the systems that are used to capture, track, analyse and account for trading and risk management activities – the T&RM software systems – tend to be built to be highly configurable.
CTRM Software Award Guide
The Shortlisted Nominees will be those CTRM software providers that have demonstrated ongoing expertise, client implementation success, and a broad talent in offering robust products and solutions to the commodity industry.
