How commodity trading and risk management relates to the cloud: A guide

Commodity trading companies are rapidly switching from on-premise commodity trading and risk management solutions (CTRM) to cloud-based systems.  Research from Commodity Technology Advisory LLP shows that cloud-delivered CTRM solutions now outsell on-premise solutions and will significantly outpace spend on traditional deployments over the next five years.

Small commodity companies lead the way

One reason for this shift is a change in the commodity industry. Early adopters of cloud-hosted CTRM solutions...

By Rajeev Warrier, 18 April 2018, 0 comments. Categories: Adoption, Platform.

Why commodity management companies are shifting towards the cloud

Much like the earth’s climate has been undergoing a gradual shift, so has the climate for cloud-based business applications and systems. The use of cloud-based applications for personal purposes including email, picture-sharing, and listening to music has become ubiquitous.

As a result, people have become accustomed to accessing what they want, when they want, from wherever they want. Their tolerance for traditional desktop software has diminished. Each day, more businesses are embracing the cloud as...

By Rajeev Warrier, 29 August 2017, 0 comments. Categories: Adoption, Data & Analytics, Data Management, ERP, Security.