One thing that is more obvious each and every day is the interest in ecosystems as it relates to commodity trading, risk management, and supply chain software. In fact, ComTech predicted and elaborated on this trend all the way back in 2017 in our white paper – CTRM/CM...
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Today, I’m going slightly off-topic, and yet it really isn’t. I want to talk about customer support. These days, a lot of support is provided in the following way. Firstly, you are required to browse a library of answers to common problems. There may be some logic built...
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Since my days at TransEnergy Management in the late 1990’s, I have made an argument (and repeated it periodically) that the CTRM software market is not a traditional packaged software market. It is a message the ComTech has, of course, promoted as once you understand this, everything makes...
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Jan van den Brom of Agiboo describes the situation there as the ‘perfect storm’ in which it has almost too many new customers and implementation going on at the moment. In fact, he has been unusually difficult to reach in recent weeks! “Since everything has to be done...
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We caught up with iRely again about a week ago. They were very keen to extoll the virtues of integrated accounting and Commodity Management/CTRM. “We have always had integrated accounting within the iRely solution,” iRely’s Sanjit Paul told us. “Many of our US customers have been using it...
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According to Mr Pengcheng Zheng, General Manager of Enuit China, he sees three areas of CTRM demand developing there. The first is in the traditional CTRM marketplace of the various medium and larger companies that procure, sell or trade commodities. The second are those companies that have a...
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We recently visited with the team at Quantifi, including Sachvir Cheema, Director of Business Development, to get a briefing and a demo covering the firm’s activities and solutions in the commodities markets. Originally founded in 2002 as a risk and analytics provider to the financial trading markets, the...
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In recent months and weeks, we have talked about unprecedented change in and around commodities. With a 180 degree switch in US political direction, environmental and carbon issues are now facing almost every company that deals in some way with commodities and raw materials now and in the...
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The Biden administration’s recent actions represent a 180 degree turn by the USA on carbon. However, the juggernaut that is Environmental, Social and Corporate Governance (ESG) has been traveling sometime and has built quite a head of speed already. The shift in US politics will simply give more...
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When will blockchain finally break through? Still very much in early adopter stage and a chasm yet to breach before gaining wider acceptance, most blockchain initiatives remain stuck in pilot and POC mode. I asked Jacob Ninan, co-founder and Director of Kottackal Business Solutions Pvt. Ltd., why this...
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