Payment transactions in SWIFT MT format according to the new regulatory requirements for SEPA processes Frankfurt a.M./Magdeburg, 23. July 2019 – In November 2021, the SWIFT migration starts with replacing SWIFT MT formats and introducing XML formats in the field…

EDINBURGH, 26th July 2019 – Global independent power producer InterGen, has announced the successful implementation of its new Energy Trading and Risk Management (ETRM) system, which will provide the company with enhanced trading, monitoring and reporting capabilities. After a thorough…

As what remains of the Henry Hub summer strip moves below $2.30/MMBtu, US natural gas prices at multiple hubs could stay subdued during the summer months. Regional dynamics mean underground storage sites are likely to continue to fill at an…

Natural gas storage inventories increased 36 Bcf for the week ending July 19, according to the EIA’s weekly report. This is in line with the expected injection, which was 35 Bcf. Working gas storage inventories now sit at 2.569 Tcf,…

Global Trade Review – Singapore-based blockchain platform dltledgers will soon expand to Japan, Australia and Dubai, as well as launch two new features that will make it easier and cheaper for commodity traders to access finance for their transactions. The…

The U.S. federal government consumed 915 trillion British thermal units (Btu) of energy during the 2017 fiscal year (FY), or 20% less than a decade before. The slight decline in FY 2017 marks the fifth consecutive decline in annual federal…

Last year, it was announced that a consortium of Rabobank, Concord Resources and PGS were looking to develop a blockchain trading platform for the metal repo financing business. The consortium had already started developing the system, at the time of…

As analysts, we recognize that good market intel regarding technology and vendors can come directly from the employment market. We asked Carl Vellenoweth to give us some insights into those trends. It’s very pleasing to see that many of the…

Isda sees around 8,000 counterparty relationships lifted from phase-five repapering Source: Risk feed

With a new leadership in the UK promising that the country will leave the EU on the 31st October, with or without a deal” (see here on Sky News for example), planning that slowed down when the UK failed to…

London, UK: Further to the announcement of the Blockchain consortium between Rabobank , Concord Resources Ltd and Pacorini Global Services in December 2018, we are very pleased to announce that Aon has now joined the consortium together with Gen10 who will…

US crude oil stocks posted a very large decrease of 10.8 MMBbl from last week. Gasoline inventories decreased 0.2 MMBbl and distillate inventories increased 0.6 MMBbl. Yesterday afternoon, API reported a very large crude oil draw of 10.9 MMBbl alongside…

In this CTRMRadio edition, Patrick Reames of ComTech talks to Glen Ragland of CAPCO, Colin Cooper of Eka, and David Mayers of Enuit about the unique CTRM requirements for LNG. Continue reading CTRMRadio Edition 10 – LNG CTRM Needs. This…

Saudi Arabia’s crude oil production approached a four-year low in May 2019, averaging an estimated 9.9 million barrels per day (b/d), more than 1 million b/d lower than its all-time high in November 2018. Production in Saudi Arabia dropped following…

As the International Maritime Organization enters a phase of curbing shipping industry emissions more robustly, the search is on for cleaner alternatives to high sulfur fuel oil to power marine freight worldwide. The drop in the IMO’s global sulfur limit…

Back in May 2014, ComTech had its first briefing from SAP in regard to its efforts around Commodity Management. Back then, the SAP Commodity Management solution had been licensed by 60 companies and was in use at 10 we were…

Finastra announced today that revverbank, a Manchester-based new bank for regional businesses and savers in the UK, has selected Fusion Essence in the cloud to power its end-to-end core banking capabilities. The solution will support revverbank as it launches its…

Electra Information Systems, a leading provider of award-winning post-trade solutions for the asset management industry, has won the 2019 FTF News Technology Innovation award in the “Best Reconciliation Solution” category for the fourth consecutive year – marking the first time…

Electra Information Systems Inc, a leading provider of award-winning post-trade solutions for the asset management industry, has released a new and improved Data Dashboard as part of its highly popular Electra Data, an automated, high-quality data acquisition and delivery service…

Austin, TX (July 23, 2019) – Drillinginfo, the leading energy SaaS and data analytics company, has released Pricing in Politics, the 3Q2019 installment of its FundamentalEdge series. This market outlook service presents the company’s current view of the oil, natural…