OpenLink has scored first place in 11 different categories – including best ETRM package – in this years Energy Risk awards. For a summary article see:
OpenLink Sweeps the Boards in Energy Risk Survey 2010 | bobsguide, 16 March 2010
9 years ago
Showing posts with label software. Show all posts
Showing posts with label software. Show all posts
ETRM Vendors on the Move
There have been a number of press releases in recent days with regards to ETRM/CTRM product vendors:
- OpenLink | Acquires SMARTsoftware for Agricultural, Soft, and Biofuel solutions. This is another illustration of vendors wanting to extend focus beyond just an “energy” footprint into the larger “commodities space” and it appears that the physical characteristics of these products means acquisition is the fastest mechanism to improve footprint as well as establish a customer base and storyline with that customer segment.
- CTRM Vendors | CTRM vendors look to M&A for functional growth. Another article that looks at the overall trend of using M&A to achieve growth in the product vendor space.
- SolArc | Inks big deal with SHV. SolArc is continuing to have great success with business whose business has a lot of physical movement.
- TPT | Acquires Enerbility Software for easy integration of back office STP. Operational effectiveness has been a push for many years in the Credit and Equities markets and the desire to achieve lower operational risk and refocus human resources to more leveraged areas is clearly making its way into Commodities now too. The interest in “documentation solutions” (e.g., storage, workflow, generation, and confirmation) is showing up as a strong goal across all asset classes in 2010 and Commodities specific solutions – like Enerbility – are starting to gain focus.
OpenLink closes Petrobas
Petrobas, the Brazilian energy giant, announced that they will use OpenLink’s Endur platform as well as the cMotion suite for their refined products business.
Reference:
Petrobras Selects OpenLink's Endur for its Crude Oil and Refined Products Business
| Bobsguide
Morgan Stanley’s Matrix
If you want to see a cool example of RIA used in the trading space take a look at Morgan Stanley’s Matrix “microsite”:
http://www.morganstanley.com/matrixinfo/
The retail facing applications are definitely seeing value in upping the visual game. How long before this is required for in-house trading apps too?
Sungard announces another ETRM product
http://www.sungard.com/pressreleases/2009/energy042909.aspx
Could this be the beginning of the end for Zainet, Nucleus and rest. The website now only talks about Entegrate and Aligne. It is not clear what the difference is unless you are a data manager or power generator.
But there are still questions - like no mention of support for European markets, where Zainet has been winning clients recently.
Could this be the beginning of the end for Zainet, Nucleus and rest. The website now only talks about Entegrate and Aligne. It is not clear what the difference is unless you are a data manager or power generator.
But there are still questions - like no mention of support for European markets, where Zainet has been winning clients recently.
Energy Risk’s Annual ETRM Survey
Energy Risk magazine has published it’s annual ETRM survey. These survey’s are never perfect but as long as you read between the lines it does help to represent industry views on the package landscape. As might be expected the top names that show up consistently on most of the lists are OpenLink, Murex, and Triple Point. Allegro takes more of a back seat than I would have expected and maybe not surprisingly – although I do find some mild humour in it – the list of “market leaders” and “level of satisfaction” has a very different pecking order. Below is the league tables for usage (an indicator of footprint not momentum):
| Position | Vendor | Percent |
| Front Office | ||
| 1 | OpenLink | 21% |
| 2 | SunGard (Kiodex, Zainet, Entegrate) | 16% |
| 3 | Murex | 14.6% |
| 4 | Triple Point Technology | 10.7% |
| 5 | TradeCapture | 8.5% |
| 6 | Allegro | 4.0% |
| Middle Office | ||
| 1 | OpenLink | 20.3% |
| 2 | Sungard | 17.5% |
| 3 | Murex | 13.3% |
| 4 | Triple Point Technology | 12.5% |
| 5 | TradeCapture | 8.3% |
| =6 | Allegro | 3.3% |
| =6 | Temenos | 3.3% |
| Back Office | ||
| 1 | OpenLink | 22.1% |
| 2 | Sungard | 19.5% |
| 3 | Triple Point Technology | 11% |
| 4 | Murex | 10% |
| 5 | TradeCapture | 8.4% |
| 6 | SAP | 6.7% |
There are several other lists worth looking at in the article but just my $.02, …
My general feeling from the marketplace is that OpenLink, Triple Point, and Allegro have compelling momentum right now and will probably have another good year in 2009 into 2010. Sungard – in large part due to the persistence of Zai*Net – continues to hold its large footprint but may start to loose ground due to a general lack of momentum.
The interest in capturing the logistical aspects of physical oil continues to be a specialist area not well suited for the majority of ETRM providers. SolArc has a large lead here but the other more mainstream packages all recognize that this is a prize worth going after and are developing their capabilities in this space. Right now there isn’t much of a comparison but watch this space in 12-18 months to see who ends up dominating.
One final observation/annoyance … in the survey’s there tends to be a number apple-to-oranges comparisons. Murex – for instance – is a fantastic choice for cross asset-class work and consistently leads the league tables in this category but is far less geared for Energy than most of the other vendors in this survey. Likewise seeing SAP in the Back Office category is a bit off-putting. I mean, of course SAP is a very common solution for Accounting and Settlement but it makes it hard to make a worthwhile comparison when you look at a number of ETRM solutions and one ERP system.
Happy to have opposing views here. It is clearly an area that is less than black and white. Feel free to post your point of view but please keep the comments constructive. :^)