Lacima tops ER 2013 software rankings in a game changing year

04/03/2013

March 7, 2013 – Lacima, a specialist provider of software and advisory services dedicated to valuation, optimisation and risk management for global energy markets, announced today that it has been ranked first place in four categories in Energy Risk Magazine’s 2013 ETRM Software survey.  The survey invites end-users from energy trading companies, oil/gas houses, utilities, energy producers, and many others to vote on the best vendors for the energy and commodities markets.

In years to come, will we look back on this year and reflect that 2013 is the year the ETRM software industry has been turned on its head?  With the growing complexities of the markets in which energy and commodity players operate, the concept of a single provider of a comprehensive ETRM solution is proving to be an expensive wish and unproven in reality.  The Energy Risk survey shows that industry participants are seeking separate Energy Trading (“ET”) and Risk Management (“RM”) solutions to meet their needs. 

In this latest annual survey Lacima has ranked first in all the valuation and risk categories for power and gas, confirming Lacima’s domination as the “go to” provider for the “RM” elements you would hope to find in a comprehensive ETRM system.  Lacima was voted first place by customers in the following four categories:

  • Modelling
  • Risk Metrics
  • Market risk: Power
  • Market risk: Gas

“Finally customers have a solution which addresses the heart of the value equation – world class portfolio analytics without the need to throw away existing deal and data capture systems.  Lacima’s innovative application is designed to work with a customer’s existing ETRM systems to augment their weak Risk Management components.  As noted in the Survey, budgets are shrinking and Lacima enables players to gain substantial added value for a fraction of the cost replacing legacy systems.” said Chris Strickland, Lacima CEO.  “This is a game changing year where the big 4 who traditionally dominated the ETRM space are now finding they are increasing being seen as “ET” systems only.”

Lacima also received top rankings in:

  • Customer/ support services
  • Best market knowledge
  • Portfolio management
  • Best middle-office system
  • Best overall ETRM platform

About Lacima

Lacima is a specialist provider of software and advisory services dedicated to valuation, optimisation and risk management for global energy markets. We help you to maximise your profit potential and make more informed decisions by providing tools that yield more accurate valuations, hedging analysis and risk exposure analysis for portfolios of financial contracts and physical assets.

Clients of our software and services include structuring, valuation and risk teams in vertically integrated energy companies, energy retailers, financial institutions and large energy consumers in Europe, North America and Australasia.

Our software solutions have been developed and implemented by peer-recognised experts in energy analytics, offering an unparalleled level of expertise and personalised support.

For further information, visit www.lacimagroup.comor email info@lacimagroup.com 

 

Risk Markets Technology Awards 2019 - Lacima Pricing and analytics Commodities RiskTech 100 - 2019 EnergyRisk Software Rankings Winner 2019