Technology Markets & Commodity News | Technology News, Prices and Trading
Aspect Enterprise Solutions posts another record year
London, 14 February 2012
A rush of new sales for its commodity trade and risk management solutions made 2011 another record year of growth in software revenues for CTRM/ETRM vendor Aspect Enterprise Solutions. The company's Software-as-a-Service (SaaS), delivered in the Cloud applications are used by energy and commodity professionals to manage deals and market information together with supply chains and storage, all in real time.
Read more: Aspect Enterprise Solutions posts another record year
Brady grabs Navita - extends into physical power
London, 7 February 2012
Brady plc, a leading supplier of trading and risk management solutions for energy, metals and soft commodities, announced today its intended acquisition of Navita Systems AS, a premier provider of software and services to the global energy and commodity trading community.
Allegro expands real-time visibility
Dallas, 6 February 2012
Allegro Development Corporation, a leading provider of energy trading and risk management (ETRM) software, announced today the release of Allegro Decision Metrics 8.1, a component of the Allegro 8 platform that enables companies to create and monitor key performance indicators (KPIs) in real-time. Decision Metrics expands the access of executives and trading managers to trading and risk key performance indicators via any web browser or tablet device.
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.
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.
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.
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.
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