Reports CTRM Vendor Perceptions 2018 | Page 8

CTRM Vendor Perceptions 2018 A ComTechAdvisory Report Those that were dissatisfied with their current solution cited a number of reasons why, but largely complained of poor support, low quality software with bugs, slow devel- opment and vendor promises not being honored. Other issues included the vendor being focused on a different geographic region and not prioritizing needed market re- quirements for another region, upgrade issues, integra- tion issues, and unstable serves from data providers. However, when we asked which vendors the respondents were using or had experience using in the past, ION OpenLink and Allegro were most frequently men- tioned, with Brady dropping to third place along with FIS and ION TriplePoint. Other fairly widely used ven- dors/products included SolArc (acquired by Open- link and subsequently by ION) and Amphora. The re- spondents reported using a wide variety of products from various vendors; however, very few had used custom developed solutions. When asked which they considered to be best solu- tion they had used, only Allegro, ION TriplePoint and SAP scored over 50% among the respondents. Among the end users who responded and answered the question, a small majority have a mix of home- grown/custom and commercially available CTRM solutions installed (45%). A further 43% utilize only commercially available solutions, about 6% use homegrown/custom built solutions only and nearly 6% do not have a solution installed at all (Figure 7). By comparison with 2016, those utilizing a commer- cial solution only has marginally increased and those using a mixture of home grown/custom and commer- © Commodity Technology Advisory LLC, 2018, All Rights Reserved. 8