CIO Review selects Lacima for 20 Most Promising Energy Tech Solution Providers

02/02/2015

CIO Review selects Lacima for 20 Most Promising Energy Tech Solution Providers

Lacima is pleased to announce that it has been named in CIO Review Magazine's 20 Most Promising Energy Tech Solution Providers as featured in the recent December edition.

The annual list of companies is selected by a panel of experts and members of CIO Review’s editorial board to recognize and promote technology entrepreneurship. “Lacima has been on our radar for some time for stirring a revolution in the Energy Tech space, and we are happy to showcase them this year due to their continuing excellence in delivering top-notch technology-driven solutions,” said Harvi Sachar, Publisher and Founder, CIO Review. “Lacima Analytics continues to break new ground benefiting its customers around the globe and we’re excited to have them featured on our top companies list.”

“Lacima is honored to be recognized by CIO Review’s panel of experts and thought leaders recognising the success we are enjoying with customers drawn to our specialised solution to meet their unique needs.” said Dr Chris Strickland, Lacima's CEO.   We have long understood that no two customers in the energy industry are the same and therefore the "one size fits all" solutions offered by the wider ETRM solutions have very limited applicability. Our solution is increasingly replacing the only reasonable alternative to the very limited risk capability of the ETRM systems where the the ad-hoc, often spreadsheet based, solutions developed by small in-house teams.  As these ad-hoc solutions come under increased scrutiny from shareholders, regulators and credit rating agencies, management teams are waking up to the need to find a more robust alternative that doesn't carry the myriad of risk associated with in-house development.

Lacima's flagship product, Lacima Analytics is an open framework architecture that addresses a variety of clients valuation, optimisating and risk management needs.  A key feature of Lacima Analytics is its ability to interface simultaneously with multiple Energy Trading and Risk Management systems meaning that existing deal and data capture systems do not have to be replaced.

About Lacima

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

Clients of our software and services include structuring, valuation and risk teams in vertically integrated energy companies, energy retailers, financial instututions 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 uparalleled level of expertise and personalised support. 

About CIO Review

CIO Review constantly endeavors to identify "The Best" in a variety of areas important to tech business. Through nominations and consultations with industry leaders, our editors choose the best in different domains. Energy Tech Solution Providers is an annual listing of 20 Most Promising Energy Tech Solution Providers in the U.S.  

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

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