ION Upbeat About EMEA Success in 2022

I recently chatted with Ion’s Yagnesh Savania (Yags) to see what he and Ion Commodities had observed in the Europe, Middle East and African (EMEA) markets for its software solutions so far this year. Like many other vendors in the CTRM and related software space, Ion has seen an active market, but Yags specifically pointed to the high rates of growth it has experienced  in the emerging Middle East and African regions. Additionally, he told us that “We have had high client interest since the beginning of the year with one deal every two weeks on average. The demand came mostly from entry level solutions with small to medium size firms getting more sophisticated and looking to get an holistic view of their business operations and risks.” So, what is driving the high levels of activity? Well, Yags suggests that it is “partly down to market volatility driving the need for firms to have controls in place as they grow in sophistication with a stronger focus on technology and data – especially among new entrants. Excel and old legacy systems are just no longer an option,” he added. He also sees continued digital transformation and system replacements due to firms… continue reading

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