Commodity Technology Advisory Survey Summary
Energy and Commodity Trading and Risk Management (ETRM/CTRM) has grown increasingly complex. Rapid changes in supply and demand patterns, increased regulatory scrutiny, and price volatility all greatly effect market participants. In order to react to these changes quickly and appropriately, participants must increasingly rely on power and energy trading software solutions to ensure a complete view of their trading positions and external market conditions.
These systems represent a significant investment for any organization, which is why Commodity Technology Advisory recently conducted a survey to gather end-users perceptions of available CTRM software vendors and products (including brand awareness) to determine market leadership perceptions as well as buying criteria and demand levels.
OATI ranked among the top vendors in various categories, including “Vendor Market Leadership” and “Vendor Cloud Platform Leadership,” and was also ranked as one of the top “Overall Vendors” in the report.
As an OATI employee I am excited to see such favorable industry perceptions of our company, but I shouldn’t be surprised. Since 1995, more than 1,600 energy industry customers have turned to OATI to provide solutions to their operational challenges. In fact, OATI CTRM solutions support transactions in all seven North American Independent System Operator markets, making OATI one of the most trusted names in the energy arena. Our vast product offerings allow clients to select solutions that fit their particular needs, as opposed to a one-size fits all approach.
When it comes to cloud-based, Software-as-a-Service (SaaS) solutions, nobody does it better than OATI. Nearly all of our customers trust us to host and maintain their OATI solutions on the most field-proven SaaS platform in the energy industry. While many CTRM vendors outsource their cloud-services to third parties, we control the whole stack onsite. We also host the only NERC – Critical Infrastructure Program (CIP) certified Data Centers, which ensure our customers’ data security is managed at the highest degree available. This active-active environment safeguards mission-critical operational capabilities.
As OATI and our customers continue to work together to transforming the business of energy, I’m excited for the future of our industry and look forward to introducing our best-in-class ETRM/CTRM solutions to new customers.
About the author:
Jacob Cain has over 10 years of experience in the Commodity Trading and Risk Management industry. His experience includes energy and financial trading, energy scheduling and settlements, commodity risk management, renewable energy management, vendor solution selection and implementation, and fuel acquisition. As Account Executive at OATI, Mr. Cain oversees OATI’s strategy to provide optimal CTRM solutions to investment banks, power marketers, Independent Power Producers (IPPs), and hedge funds. His experience in commodity trading, scheduling, risk management, and settlements allows him to develop strategic recommendations with respect to a client’s CTRM business needs. Cain received his B.A. in Business Administration from Georgia Southern University and his MBA from the University of Tennessee.