twitter

Welcome: Guest User

Register / Login

Alternative Delivery Mechanisms for CTRM Software

Brno, Czech Republic, and Houston, August 2010

CommodityPoint, A Division of UtiliPoint International, Inc. focused on research, analysis and consulting around global wholesale commodity markets and trading & risk management technologies, has released a landmark report on alternative delivery mechanisms for Commodity Trading and Risk Management ( CTRM) software. The report looks at the rising popularity in some segments of the industry for delivery mechanisms such as Software as a Service (SaaS), hosting and leasing as opposed to the more traditional on premise licensing model. The report is available for free on the UtiliPoint and CommodityPoint websites. This research and subsequent report were sponsored and supported by Allegro Development, Aspect Enterprise Solutions, IHS, Navita, Open Acess Technology International (OATI), and SolArc.

"While the traditional installed-software model is still dominant in the CTRM space, the rise and success of vendors specializing in web-delivery of comprehensive functionality serving trading ard risk management points to a growing acceptance of the SaaS model. While much of these software companies' success has been found in selling to those mid-sized and smaller trading companies looking for an affordable solution, we have seen several larger trading shops adopt SaaS deliveried systems, perhaps indicating a weakening of many of the long-held objections to that model," according to Patrick Reames, Managing Director, CommodityPoint, The Americas.

"Our study shows that delivery mechanisms such as SaaS are being utilize more than one might have originally thought," said Dr. Gary M. Vasey, Managing Director, CommodityPoint, Europe and AsiaPac. “While there is significant resistence to SaaS, hosted and leased models among many larger traders who express a strong desire to retain control over data and access to applications, a majority of respondents to the survey see value in exploring other options. For vendors offering or specializing in delivery of SaaS/hosted CTRM solutions, the findings of the study appear to point to a very bright future.“

Ends --


To download the report visit

www.utilipoint.com/reports/Alt_Delivery_CTRM.asp

www.commodity-point.com

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

 

Subscribe Now

Subscribe to Commodities Now

A subscription to Commodities Now gives you full access to all content on this site together with special reports and supplements as they are published

 

Regulation & Technology Events

There are no upcoming events