02 April 2024

Lacima makes it an even dozen, ranking #1 for the twelfth year in a row

Lacima Energy Risk Award Logo - First in Market risk analytics, Analytics package, Best enterprise risk management software

 

Lacima continues its winning streak as a
leader in energy and commodities analytics.

The Lacima team takes out the top spot in four categories in Energy Risk Software Rankings’ 2024 and secures top five placings in a further 27 categories.

“I know I speak for the whole team in saying we couldn’t have achieved another strong result without the trust and support of our customers. The close working relationship we have with our customers helps us stay ahead of the curve in terms of anticipating and responding to their needs. It’s extremely gratifying to see this focus recognised so positively.” said Lacima CCO Dr Chris Strickland.

This year, Lacima ranked in the following categories:

Front and middle office functionality

►     Market risk analytics – 1st
►     Pre-trade analytics
►     Model valuation
►     Best middle-office software
►     Enterprise risk software

Sought after qualities

►     Ease of implementation
►     Understanding of client needs
►     Customer support
►     Creativity and innovation
►     Data management firms

Pricing and curves

►     Analytics (charting, dashboards etc)
►     Best at supplying new data sets
►     Integrating with other systems and platforms
►     Customer support
►     Ease of using system
►     Preferred data management system
►     Technology advisory

Enterprise-wide data capture and storage

►     Analytics Package – 1st
►     Best enterprise risk management software system – 1st
►     Risk assessment methodologies offering
►     Dashboards, heatmaps and visualisation
►     Credit risk software
►     Reporting capability
►     Market risk reporting and management package
►     Best intelligence software

Analytics development

►     Most innovative project developer – 1st
►     Technical architecture and infrastructure
►     Understanding client needs
►     Ease of working relationship
►     Best value for money
►     Staying withing budget

“Being recognised once again in the Energy Risk Software Rankings as a leader in our field is both humbling, and a testament to the hard work and commitment of the whole Lacima team.” said Dr Strickland.

In a year that’s seen considerable growth in competition in the ETRM industry, it’s especially gratifying to continue to be recognised as a leader.”

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