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Technology & Commodity News from Commodities Now

EPIC Aviation selects Allegro TRM solution

Dallas, 1 February 2012

Allegro Development Corporation,  a leading provider of energy trading and risk management (ETRM) software, announced today that EPIC Aviation (EPIC) has selected the  Allegro 8 platform to support its jet fuel and avgas supply, commercial sales, risk management, and hedging activities. The single integrated system provides EPIC with position visibility, logistics optimization, streamlined business processes, and the scalability to effectively support the company’s growth plan.

Read more: EPIC Aviation selects Allegro TRM solution

   

FFastFill sees 50% reduction in exchange round trip order latency with LME proximity hosting

London, 24 January 2012

Since the launch of the London Metal Exchange proximity hosting solutions in December 2011, FFastFill has seen substantial round trip performance times from its hosting locations to the exchange. Average acknowledgment times for new orders are improved by 50% for those members locating their exchange gateways in FFastFill’s two new datacentre suites one of which is provided by Interxion. FFastFill provides LME member and customer order routing for over 20 LME category 1 and 2 members.

Read more: FFastFill sees 50% reduction in exchange round trip order latency with LME proximity hosting

   

Brady anticipates reporting revenue growth of 70%

London, 16 January 2012: Commodities Now

Brady plc expects to report revenue growth in 2011 of approximately 70%, ahead of market forecasts. The leading global provider of trading, risk management and settlement solutions to the energy, metals and commodities sectors, announced today an update on trading performance for the full year to 31 December 2011. Brady is the largest, European headquartered, energy and commodity trading and risk management (ECTRM) software provider in the commodities space, following the acquisition of Brady Energy.

Read more: Brady anticipates reporting revenue growth of 70%

   

Acalpo chooses JustCommodity for Edible Oil trading

Singapore, 22 December 2011

JustCommodity Software Solutions, a leading solution provider of Commodity Trading and Risk Management ( CTRM) software solutions, announced today that Acalpo Pte Ltd has selected ContraXcentral™ to manage its trading and risk operations.

 

Read more: Acalpo chooses JustCommodity for Edible Oil trading

   

Brady implemented by Fjordkraft for CTRM

London, 21 December 2011

Brady plc, a leading global provider of trading, risk management and settlement solutions to the energy, metals and commodities sectors, announced today that Fjordkraft, a Norwegian retail distribution company, has implemented Brady's new Sales Manager solution to support Fjordkraft's operations for pricing and risk management of end-user contracts.

Read more: Brady implemented by Fjordkraft for CTRM

   

Allegro releases Trade Connect 8.1 for OTC trading process

Dallas, 12 December 2011

Allegro Development Corporation and Pivot Inc., a leading provider of instant messaging and liquidity management software to the financial and commodity markets, have announced the release of Trade Connect 8.1, which provides efficiency around OTC trading processes and improves visibility into company positions with intraday pricing and real-time position valuation.

Read more: Allegro releases Trade Connect 8.1 for OTC trading process

   

Cinnober releases OTF technology as SaaS

LOndon, 8 December 2011

Cinnober today announces the launch of TESS OTF - a Software as a Service (SaaS) - packaged for the rising Organized Trading Facility (OTF) market.

Read more: Cinnober releases OTF technology as SaaS

   

ABX extends use of Brady technology

Brady plc, a leading global supplier of trading, risk management and settlement solutions to the metals, energy and softs sectors, announced today that the Australian Bullion Exchange (ABX), based in Brisbane, has extended its use of Brady solutions to bring order transparency to the market via its electronic trading platform.

Read more: ABX extends use of Brady technology

   

Brady Energy selected by RAO Nordic Oy

London, 5 December 2011

Brady plc, a leading global provider of trading, risk management and settlement solutions to the energy, metals and commodities sectors, announced today that RAO Nordic Oy, a major multi-commodity European trading house with a wide range of trading operations and diversified trading portfolio, has selected Brady Energy’s trading and risk management solution to support its risk management requirements.

Read more: Brady Energy selected by RAO Nordic Oy

   

Ronly goes live with Brady

London, 29 November 2011

Brady plc, a leading global provider of trading, risk management and settlement solutions to the metals, energy and commodities sectors, announced today that Ronly, a worldwide trading company handling steel, metallurgical and agricultural commodities, has implemented Brady’s trading and risk management solution to support Ronly’s derivatives trading operations.

Read more: Ronly goes live with Brady

   

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Upcoming Events – 2012

E-world Energy & Water 2012

07 February 2012 - 09 February 2012

Messe Essen, Germany

 

Metals Risk 2012 Summit

08 February 2012 - 09 February 2012

London

 

International Petroleum Week 2012

20 February 2012 - 22 February 2012

Park Plaza Riverbank, London

 

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