05 April 2018

Lacima dominates in Energy Risk Software Rankings 2018

The Energy Risk Software Rankings for 2018 have been announced and Lacima has achieved unprecedented success, winning the categories for Customer Support Services, Modelling, Market risk: power and Market risk: gas in the Energy Risk Software Rankings 2018. It is the sixth straight year that Lacima has been voted #1 in these annual rankings.

These wins place Lacima as a dominant player in the E/CTRM space – the only true risk based trading vendor – and the global leader for energy and commodities analytics.

Ranking number one for customer support whilst also ranking number one for deep industry expertise has led to Lacima being voted in the top five for sixteen categories in this years’ rankings:

  • Customer support services (1st)Modelling (1st)
  • Market risk: Power (1st)
  • Market risk: Gas (1st)
  • Market Risk: Oil (2nd)
  • Best knowledge of the market in which the software operates (2nd)
  • Overall ease of using the system (2nd)
  • Portfolio management (2nd)
  • Best implementation specialists
  • Ease of implementation
  • Best Cloud-Based CTRM/ ETRM system
  • Power Trading
  • Degree of Straight- Through Processing
  • Physical and Financial Integration
  • Widest product coverage
  • Best for project delivery within budget
  • To read the article and view the rankings tables, click here.

“The reason for Lacima’s success is clear. This year the survey both identifies risk metrics as one of the hottest growing concerns for energy and commodity companies, as well as the fact that the traditional “C/ETRM systems have not necessarily evolved to provide the risk calculations to meet these needs”. This is where Lacima steps in. As the global leader in energy analytics we play that pivotal role in ensuring that the risk metrics are valid and now with our recently launched Lacima Trader suite, users can have consistent risk metrics from pre-deal trading analysis through to post-deal risk management. No other vendor provides this capability.” noted Chris Strickland, CEO Lacima.

About Energy Risk Software Rankings:

The Energy Risk Software Rankings are compiled from the validated votes of Energy Risk readers that use the vendor systems and participants from oil, gas and electricity firms, consultants, IT implementation specialists, banks, brokerages, commodity traders, industrials and investors. 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.

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