The global market for CTRM (Commodity Trading and Risk Management) software solutions that cater specifically for metals and ores trading and risk management is the third largest among the major commodity groupings of energy, ags & softs, and metals, at an estimated $174m in expenditures in 2019 according to ComTech’s most recent market sizing report. It is also among the most complex of these markets in terms of its functional requirements, especially in areas like concentrates and ores. Complexity is also found throughout the supply chain. Perhaps these are just some of the reasons why the metals market for CTRM and CM (Commodity Management) software have been underserved by commercially available solutions in the past.
Source: CTRM Center