Rethinking CTRM – Part One

Those who trade, purchase or sell commodities invariably have, at a minimum, a need to track and manage those transactions, report to regulatory authorities and manage a variety of exposures. This is most usually achieved via a Commodity Trading and Risk Management solution (CTRM). Analyst firm, Commodity Technology Advisory LLC defines a CTRM software, ‘As that category of software applications, architectures and tools that support the business processes associated with trading energy and 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. It 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.’[1] The Scalable, Adaptive and Agile CTRM Solution Remains Elusive The CTRM software category already has more than a 20-year history and there are still over 100 commercially available products[2]. Yet, despite some dominance of the top 5-6 vendors and CTRM products, the market for such software is somewhat immature, very dynamic and largely unsatisfied[3]with the commercially available solutions for… continue reading

Continue reading Rethinking CTRM – Part One. This article appeared first on CTRM Center.

Source: CTRM Center

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