10 May 2017

Five years at the top for Lacima and the future looks bright

The Energy Risk Software Rankings Awards were hosted last night in Houston and Lacima’s CEO Dr Chris Strickland was there to collect the awards for the categories of Market Risk: Power and Modelling. It is the fifth year Lacima has been voted global leader in both categories.

CS Award photo filter

A specialist provider of risk management, valuation and optimisation software, Lacima was voted in the top five for nine categories in this year’s rankings:

  • Modelling
  • Market Risk: Power
  • Market Risk: Oil
  • Market Risk: Gas
  • Credit Risk
  • Portfolio Management
  • Overall Ease of Using System
  • Customer Support Services
  • Best Knowledge of the market in which the system operates

The awards cement Lacima’s position as the leading global analytics provider for energy and commodities.

Of the company’s success in the rankings from year to year Chris said, “It is interesting to see that Lacima’s solutions directly address and overcome the challenges identified in this year’s survey. Striving to provide even better solutions for our customers is what I believe has kept Lacima at the top of the market over the years.”

Chris’s words hint at what is set to come from the Lacima stable in the coming months. Lacima Trader is a new suite of products designed by traders for traders and, being Excel based, is agile and easy to use. The products can be used on a standalone basis or alongside with Lacima Analytics. This cohesive offering provides consistency between front and middle offices as both operate with the same numerics engine.

About Energy Risk Software Rankings:

The Energy Risk Software Rankings are compiled from the votes of Energy Risk readers that use the vendor systems. Results are analysed and validated by Chartis Research using its RiskTech Quadrant® methodology. The Energy Risk Software Rankings identify the best ETRM systems, systems integrators, data providers and data management firms in a wide range of categories.

About Lacima

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

For interview opportunities or media inquiries please contact: Ioni Doherty.

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