White Papers Taking the Next Step in CTRM Cloud Solutions | Página 2
Introduction
IN THE LAST DECADE, A QUIET REVOLUTION HAS OCCURRED WITHIN THE E/CTRM (ENERGY/COMMODITY
TRADING AND RISK MANAGEMENT) SOFTWARE CATEGORY AS VENDORS AND USERS HAVE INCREASINGLY
ADOPTED THE CLOUD-COMPUTING MODEL. THIS MOVE
HAS BEEN DRIVEN BY DEMAND LARGELY FOR MORE
AFFORDABLE E/CTRM SOFTWARE AS REFLECTED BY
A LOWER TOTAL COST OF OWNERSHIP. INCREASING
REGULATORY AND SHAREHOLDER SCRUTINY HAS
MEANT THAT EVEN SMALLER COMMODITY TRADERS
NEED TO ABANDON SPREADSHEETS AND SIMILAR
UNSTRUCTURED AND DIFFICULT TO AUDIT TOOLS IN
FAVOR OF MORE ROBUST SOLUTIONS. HOWEVER, EVEN
THE SMALLEST ‘OF COMMODITY TRADING COMPANIES
HAS PRETTY BROAD AND COMPLEX REQUIREMENTS
MEANING THAT THEY ACTUALLY STILL REQUIRE
A FULLY-FLEDGED APPLICATION TO MEET THEIR
NEEDS, BUT ONE THAT FITS WITHIN A BUDGET
THAT REFLECTS THE SIZE OF THEIR BUSINESS.
© Commodity Technology Advisory LLC, 2014