Though the global pool of respondents to the survey noted more than 86 different vendors of CTRM solutions, market brand recognition is clearly weighted toward just a handful of companies.
Houston, TX and Prague, Czech Republic (PRWEB) June 20, 2016
Commodity Technology Advisory (ComTech Advisory), the leading analyst firm in commodity trading and risk management (CTRM) technology, has just released the 2016 CTRM Vendor Perception report. This report, issued every two years, presents the result of a comprehensive survey to determine vendor brand recognition and perceptions of market leadership by end-users and consultants across the global commodity trading industry. It explores the concept of market leadership across a variety of categories, including commodity and technology capabilities, and examines the current state of procurement habits and trends under the current market conditions. The results also provide a comprehensive analysis of changes in vendor leadership perceptions over time. The report is available as a free download, or for online viewing, at CTRMCenter.com, or on ComTech Advisory’s corporate site (comtechadvisory.com).
Though the global pool of respondents to the survey noted more than 86 different vendors of CTRM solutions, market brand recognition is clearly weighted toward just a handful of companies. OpenLink and Allegro were identified most often, with more than 60% of the respondents naming the two companies. FIS/SunGard and Triple Point were also commonly cited, each being named by more than 50% of the respondents. Brady was also strongly known, being cited as a leading vendor by more than 40% of the respondents. EKA was named by more than 30% and Aspect by almost 20% of the respondents. Below that, recognition fell off dramatically, indicative of a highly fractionated vendor community that services the needs of a disparate marketplace encompassing a range of commodities including energies, ags, softs and metals. Further, these few most commonly cited vendors held most of the top spots in terms of market leadership perceptions.
“This research effort and subsequent report are a great research tool for any company seeking a new CTRM system. The information in this report helps potential buyers identify who their peers in the industry believe are the most capable technology providers for their particular market or commodity,” notes Patrick Reames, Managing Partner of ComTech Advisory.
“The Vendor Perception Report has become an eagerly anticipated independent view of the CTRM software vendor space,” said Gary M. Vasey, Managing Partner of ComTech Advisory. “This year, we had a record number of valid responses across the entire breadth of the commodity trading and risk management industry. The results demonstrate increasing knowledge with end users being able to identify over 86 different vendors in the space.”
The study was supported by sponsorships from Allegro and OpenLink as well as report advertising placements from several other vendors. The participation of these sponsors and advertisers help support the primary research effort and the wide distribution of the results; however, sponsorship of, or advertising within, this report does not in any way influence the outcome of the research, the analysis of data and information, nor the editorial content of the report.
About Commodity Technology Advisory LLC
Commodity Technology Advisory (ComTech Advisory) is the leading analyst organization covering the Energy and Commodity Trading and Risk Management (E/CTRM) technology markets. Led by Patrick Reames and Dr. Gary M. Vasey, ComTech Advisory provides invaluable insights, backed by primary research and decades of experience, into the issues and trends affecting both the users and providers of the applications and services that are crucial for success in markets constantly roiled by globalization, regulation and innovation. For more information, visit http://www.comtechadvisory.com
For the original version on PRWeb visit: http://www.prweb.com/releases/2016/06/prweb13492131.htm