By Carl Vellenoweth – Commoditas Partners. Having spent 20 years recruiting professionals in commodity trading technology, I’ve seen every shift in the market—whether it’s fluctuations in demand and supply, wage inflation, regulatory changes, or the ever-evolving nature of workplace culture. Challenges come with the territory. Right now, the industry is facing a talent drought, particularly in upskilling and the availability of new talent, especially within the market leader vendor and their leading applications. A recent conversation with a CIO at a global energy trading firm confirmed what many of us already know. Historically, the cost of an ETRM system was straightforward: licence fees, hosting, design, implementation, and support etc. Now, you also have to factor in inflated wages and contract rates due to the limited pool of skilled talent. The cost of hiring premium talent is rising because, at the end of the day, an implementation is only as good as the people delivering it. Then there’s the cost of ongoing support, another challenge exacerbated by the shrinking talent pipeline. The numbers tell their own story. Specialist consultancies focused on CTRM implementations have grown their workforce by an average of 64% in the last two years, while the Big 4… continue reading