Two-thirds of ETRM users plan new systems in 2010
Some 67% of respondents to Energy Risk’s 2010 Software Survey say they will be investing in new energy trading risk management (ETRM) systems this year, to tackle dissatisfaction with the speed and usability of existing software systems, as well as regulatory changes and the development of new markets.
Forty per cent of respondents said the speed and functionality of their existing packages are not up to scratch. Almost the same amount of ETRM clients said their budgets would increase this year.
"Uncertainty around the regulatory environment has been a significant factor influencing how clients think about deploying ETRM systems for long-term success," says Baris Ertan, principal of ETRM
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