Tag: Ctrm

What is ERP for Commodities?

ERP for Commodities or Commodity ERP is essentially ERP software extended or specially configured for buyers, sellers and processors of commodities both listed and unlisted. Mostly, it lacks the trading and risk analytics aspects of a CTRM but offers coverage of physical commodity prices, movement and storage. As opposed to having trading book structures, it will more than likely use a contract management approach to buying and selling and it may or may not include support for financial instruments for hedging.... continue reading

What is Commodity Management?

Commodity Management is a rapidly emerging application area that is significantly broader than “CTRM” in some respects and has, at least until now, catered primarily to a large group of entities that don’t really ‘trade’ commodities, but instead procure, process or sell them. As Commodity Management has gained acceptance in the market, the term is increasingly used to describe the entire breadth of processes involved in handling commodities, including trading and risk management to the point where CTRM software is essentially becoming a subcategory of Commodity Management.... continue reading

What is SaaS? – Software as a Service

SaaS – Software as a Service – software that is owned, delivered and managed remotely by one or more providers. The provider delivers software based on one set of common code and data definitions that is consumed in a one-to-many model by all contracted customers at any time on a pay-for-use basis, or as a subscription based on use metrics. SaaS software can reside in the cloud – either the public cloud or a private cloud. A strict definition would imply that all users use the same software application/database and that each different user company’s data is identified and labelled... continue reading

What is TRM Software? – Trading and Risk Management Software

TRM Software – Trading and Risk Management Software. TRM software is that category of software applications, architectures and tools that support the business processes associated with trading any instrument in any asset class. CTRM Software and ETRM software are subcategories of TRM software.... continue reading

What is ETRM Software? – Energy Trade Risk Management Software

ETRM Energy trading, transaction and risk management ETRM software is that category of software applications, architectures and tools that support the business processes associated with trading energy commodities (Crude oil, Refined products, Natural Gas, NGLs, Electric Power and so on). In the broadest sense, commodity trading means both the buying and selling of energy commodities, the movement and delivery of those energy commodities and associated risk management activities. It therefore comprises a broad set of functions that can vary considerably depending upon which energy commodities are traded, what assets are employed in the business, where those assets are located and... continue reading

What is CTRM Software? – Commodity Trade Risk Management Software

CTRM Commodity trading, transaction and risk management CTRM software is that category of software applications, architectures and tools that support the business processes associated with trading commodities. In the broadest sense, commodity trading means both the buying and selling of commodities, the movement and delivery of those commodities and associated risk management activities. CTRM therefore comprises a broad set of functions that can vary considerably depending upon what commodities are traded, what assets are employed in the business, where those assets are located and what the company’s business strategy and associated business processes are. ETRM Energy Trade Risk Management is... continue reading

CTRMRadio Edition 6 – Disruptive Technologies and Commodity Trading and Risk

Episode 6 of CTRMRadio focuses on exploring the findings of ComTech’s recent Disruptive Technology report (available from CTRMCenter as a free download). Featuring interviews with Dr. Markus Seiser of FIS and Mr. Colin Hartley of DrillingInfo (Datagenic), ComTech explores how cloud, AI, ML and Blockchain may impact the commodity trading and risk management industry.... continue reading

FIS Gear Up to Launch Multiple Product Strategy into Commodities

Commodity Technology Advisory asks Dr. Markus Seiser, COO, FIS Energy, about FIS’s strategy and plans for Energy & Commodities ComTech Advisory: FIS now markets its solutions for energy and commodities markets under one umbrella. What products and services is FIS selling and to whom? Markus Seiser: Overall, FIS offers several multiple software products for various industry verticals, tailored to each client’s needs. For example: Our classical solutions for energy and commodities markets focus on asset-backed traders, producers and generators, utilities and LDCs, and others. Here, we serve our clients with extended transaction lifecycle management capabilities, starting with market data services... continue reading

Leveraging the Cloud for Improved Performance in Agricultural Trading Operations

While delivery of applications and services in the cloud has been a part and parcel of business for over a decade, adoption of cloud-delivered CTRM applications (not to be confused with hosted solutions), has taken time to develop. However, the collapse in commodity prices and profitability over the last several years has incentivized firms in the commodities space to rethink their approach to acquiring and managing IT solutions. With increasing market experience with these products, market activity over the last few years indicates that adoption of cloud CTRM solutions is increasing rapidly as the lower cost of entry, benefits of a... continue reading

Improving Data Aggregation and Analysis to Address Challenges of an Evolving Energy Market

The North American energy markets, influenced by both domestic and international developments, are undergoing a rapid evolution that has and continues to challenge energy commodity producers, processors, and traders. Driven by technical innovation, regulatory intervention and globalization, the changes occurring have impacted the entirety of the energy supply chain - establishing new pricing correlations, increasing operational complexities and creating new markets and trading hubs…and, by extension, created vast new pools of data and information that must be considered when formulating market strategies and trading decisions.... continue reading

Five Year CTRM Market Outlook – 2017-2021

We have just released our 5 year outlook for the global CTRM markets as part of our 2016-2021 CTRM Market Outlook Report.  This year’s report is available in an abridged summary version as a free download or for online viewing at https://www.ctrmcenter.com/publications/reports/2016-2021-ctrm-market-outlook/.  A full report, providing a detailed review of the global markets by commodity, industry segments and geography is available for purchase ($799) by selecting that option on the same link, or by this link Full 2016 – 2021 CTRM Market Outlook Report >> Following is the summary view of our market outlook from 2017-2021 included in that report: In... continue reading

An Interview with John O Malley – CEO, OpenLink

ComTech Advisory’s Patrick Reames visits with Mr. John O’Malley, CEO of OpenLink about the company’s recently announced cloud strategy.... continue reading

Supply Chain Challenges: BIOMASS

Over the last decade, biomass of various kinds has become an increasingly commonly used fuel for electricity generation, particularly in the European Union, which mandated ambitious threshold targets for the share of renewables in total electricity generation.... continue reading

CTRM/CM as an Architecture – An Approach to A 20-year old Conundrum

Wholesale commodity trading and risk management can encompass any number of business processes and strategies, from brokered trades in which the buyer purchases some quantity of commodity and then immediately resells it at the same point for (hopefully) a profit – to multi-commodity transactions involving global supply chains, transformations, and complex financial hedging strategies. Vendor provided software to service this wide-ranging market, commonly known as Commodity Trading and Risk Management or CTRM software, will similarly vary in possible functional coverage, with some CTRM solutions addressing specific functional components (such as deal capture or risk analysis for a specific commodity), while... continue reading

ComTech Analyst Briefing Note – EKA Update 2017

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Visiting with Enuit

I had the opportunity to visit with David Meyers, co-founder and CEO of Enuit LLC, this afternoon to get an update on his company’s recent activities and the overall state of the market from his perspective.  Though the Houston-based company may not be the most well-known of the many CTRM vendors in the market, Enuit has created a solid business since their founding in 2008, usually knocking down a few notable deals each year and growing both their product coverage and their geographic reach with each new sale.  Now, with customers in North America, Europe and the Asia-Pac region, they’ve... continue reading