While doing a bit of research for an upcoming ComTechAlert article, I was reviewing oil production stats for the US and was a bit surprised by the numbers. Much of the attention paid to the increasing crude production in the US is focused on the Bakken field in...
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Moody’s released their rating of the new debt being taken on in Ion’s acquisition of Triple Point…pretty much sealing this transaction as a done deal, even if not officially announced yet. Some interesting tid bits from the rating narrative: “The Caa1 Corporate Family Rating reflects Moody’s expectations for...
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A Commodity Technology Advisory ComTechAlert Article June 26, 2013 ComTech Advisory is beginning to pull together the granular analysis that is the foundation of our E/CTRM Technology Market Sizing Report due out in the next several weeks. In determining an estimate for market size, we examine not only...
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Its being widely reported, both in the press and through the grapevine, that the buyer for Triple Point is ION Trading. ION is a Dublin-based software vendor whose products have been primarily focused on the financial services space. They have been an active buyer of solutions in the...
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In the premier episode of Commodity Technology Advisory’s new video series examining the trends and issues in CTRM technology, we visit with Mr. Ray Hood, president and CEO of Allegro Development. In this video, Mr. Hood discusses the recent executive management changes at Allegro, current market conditions and...
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As many know, there was a recent article in the press that said Triple Point’s owners, Welsh Carson, had put the company on the block, seeking to leverage the solid success the company has had over the last few years (20-30% year over year growth) into a very...
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Bloomberg’s terminal business has been caught up in a bit of a scandal this week (it does seem to be a week for doing that type of thing). Numerous stories indicate the company has been passing around terminal user information to the company’s sales staff and news reporters;...
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So today is my first official day back as an analyst (yesterday was a holiday in the Czech republic). It is nice to be back too. It is good to be working with Patrick again and to be reconnecting to a lot of people that I have known...
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Aspect Enterprise Solutions, having established themselves in the last couple of years as the leader in SaaS delivered CTRM solutions for oil trading, announced last week that they have signed their first customer in the Ags/Softs space. According to their press release, the company signed-up Switzerland-based Soyuz Commodities...
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Eka announced this morning that they had purchased Calgary-based EnCompass Technologies. According to the press release, “All employees of EnCompass have joined Eka, and the two co-founders, CEO Andy Bout and COO Stewart Brightman, will take key leadership roles in the combined organization. Andy and Stewart will be...
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