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Allegro Horizon

Allegro is a commodity management solution designed to help businesses in oil, gas, chemical manufacturing, utilities and other industries handle operations related to trading, procurement and compliance management. The platform e...Read more about Allegro Horizon

3.0 (2 reviews)

Robo-Commodity

Robo-Commodity is a cloud-based ERP for Commodity Trading by Robosoft Solutions. It supports back-to-back commodity trading, bunker management and trading, physical stock with hedging, and paper-trading business models. Robo-Commo...Read more about Robo-Commodity

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Agiblocks

Agiblocks is a cloud-based commodity trade and risk management (CTRM) solution that helps businesses streamline operations related to risk management, trading, finances, taxes, contracts management and more. The platform includes ...Read more about Agiblocks

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Fusion CTRM

Fusion CTRM is a risk management software, which helps businesses of all sizes in oil, agriculture, LNG and other industries analyze assay exchanges, manage enterprise risks and handle logistic processes. The solution allows admin...Read more about Fusion CTRM

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Enverus

Enverus is a commodity trading and risk management (CTRM) solution that helps businesses streamline operations related to competitive analytics, permit monitoring, leasing trends tracking and more. It enables staff members to util...Read more about Enverus

2.0 (2 reviews)

Commodity XL

Commodity XL is a web-based CTRM software designed to help businesses in commodity trading and energy sectors optimize position management and end-to-end commodity value chain. Key features include accounting management, financial...Read more about Commodity XL

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EnHelix

EnHelix is a CTRM software, which helps businesses in energy, petroleum, LNG, chemical and other industries utilize artificial intelligence to streamline trading operations. The solution enables managers to capture trade, monitor ...Read more about EnHelix

5.0 (1 reviews)

iRely i21

iRely’s commitment to customer success has made the company a global leader in digital transformation, providing best-in-class software for commodity management, petroleum distribution, retail, grain operations, and agribusinesses...Read more about iRely i21

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Aspect CTRM

AspectCTRM is a cloud-based commodity and risk management solution, which helps small to large enterprises across metal, oil and gas, agriculture and various other industries handle multi-commodity trade, risk and operations. ...Read more about Aspect CTRM

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MX.3

MX.3 is a cloud-based solution that enables public agencies, banks, clearing brokers and other businesses to handle operations related to trading, costs, funding and risk management, compliance tracking, and more. The platform inc...Read more about MX.3

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BaffleSol Commodity Management Solution

BaffleSol Commodity Management Solution is a cloud-based CTRM solution. Commodity trading is the most complex business with high variables from the Demand and supply side, exerting cost pressures and thinning margins; therefore, i...Read more about BaffleSol Commodity Management Solution

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Comcore

Comcore is a CTRM (commodity trading and risk management) solution that helps small to large businesses streamline processes related to Value-at-Risk (VaR) analysis, freight cost calculation, credit risk monitoring, and more on a ...Read more about Comcore

4.0 (2 reviews)

omniExchange

With omniExchange, building and managing your own online exchange has never been easier. Whether you're a large corporation or a small business owner, you can use omniExchange to create an online exchange with any type of asset, c...Read more about omniExchange

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Fintrade

Fintrade is a P&L management and cost control software solution for physically traded commodities. The software helps users gain visibility of their mark-to-market and track the changes in P&L over time. Risks can be visualized, m...Read more about Fintrade

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Trinity

Trinity is a financial CTRM platform that helps to maintain profitable trading margins. It specialises in hedging and risk management, supporting standard financial contracts including forwards, futures, options and averages to co...Read more about Trinity

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Hermes

Hermes is a commodity trade and risk management (CTRM) software designed to simplify commodity trading operations and improve efficiency. The platform streamlines the entire trading lifecycle, providing real-time trade capture, po...Read more about Hermes

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AEGIS CTRM

AEGIS CTRM is a great tool to securely store and valuate your commodities physical and hedge positions. The software captures physical contracts, volumes, swap and option contracts (futures, OTC, etc.). AEGIS CTRM provides mark-to...Read more about AEGIS CTRM

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Bilancio

Bilancio is a commodity trading system that uses AI and automation to save the recycling sector money by improving productivity, accuracy and vigilance. Over time, Bilancio can also grow to create a secure live data-sharing networ...Read more about Bilancio

5.0 (1 reviews)

Trayport - Joule

Trayport offers a range of solutions for the global energy markets. Trayport's advanced analytics, trading platforms, and algorithms enable energy traders to gain enhanced market views and insights for efficient trading. Trayport'...Read more about Trayport - Joule

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Buyers Guide

Last Updated: March 16, 2023

Success in the commodities market is based on an organization's ability to make informed and profitable decisions. Trading firms dependent on spreadsheets or enterprise resource planning (ERP) solutions to manage commodities logistics are typically behind the curve.

With a commodity trading and risk management (CTRM) platform, businesses can efficiently track real-time trading data and access risk management decision support to better the commodity trading process.

In this guide, we will cover how CTRM platforms can help companies better manage their commodity-trading operations.

We'll cover:

What is commodity trading and risk management (CTRM) software?

Commodity trading and risk management (CTRM) software is designed to assist businesses with managing commodity-related activities such as buying and selling consumer goods, power, gas, oil, grains, metals, and other raw materials. CTRM platforms help companies track real-time trading data and address risks associated with commodity price, quality, volume, and logistics.

Common features of CTRM software

Commodity trading

Manage all aspects of commodity trading, including the purchasing, selling, and bidding of commodities.

Reporting and analytics

View and track pertinent metrics related to sales, quality, and inventory of trading resources.

Risk management

Identify, evaluate, mitigate, and report on risks associated with the trading of commodities, such as fluctuating commodity prices or systematic failures that delay day-to-day business activities.

Contract and license management

Track and store client and customer contracts in a centralized location. Access information related to commodity trading efficiently to optimize business processes.

Document management

Collect, upload, store, and share all documents in a centralized location, making it easier for everyone involved to access information.

Financial management

Provide a comprehensive overview of organizational finances. Manage organizational finances more effectively by accessing business financial details in a centralized location.

Third-party integrations

Improve business processes by integrating CTRM software with other platforms, such as accounting and ERP software, to manage the financial aspects of commodity trading more effectively.

Benefits of CTRM software

Improves risk management: CTRM software effectively analyzes trading data in real time, providing users with an up-to-date, accurate view of market conditions. This enables businesses to anticipate, assess, and manage risks associated with commodity trading more effectively.

Eliminates the risk of human error: Commodity trading and risk management platforms automatically collect and analyze trading data from various sources in real time. By eliminating the risk of human error during data collection and analysis, organizations can gain more accurate business insights and use them to adapt their business strategy.

Compliance management: CTRM solutions automate the entire hedge accounting process for commodities. Businesses can define, measure, and manage fair value levels and meet disclosure requirements for ASC 820 (FAS 157) and IFRS 7 compliance. CTRM platforms also help ensure compliance with hedge accounting regulations such as ASC 815 (FAS 133), ASC 815-10 (FAS 161), and IAS 39 (IFRS 9).

Key considerations for purchasing CTRM software

Customization: When choosing a CTRM platform for your business, consider its customization capabilities. The more customization options available, the easier it will be for your team to visualize trading data and make better and faster business decisions. Depending on the type of trading data your team needs to analyze, you may want to consider a solution that offers a customizable platform dashboard, so that your team can visually identify trends in specific trading data more effectively. If your company handles complex commodity trading processes, you may want to find a solution that allows your team to customize different commodity characteristics such as profit and loss, hedging, and position. This will help your team use your CTRM software to track multiple types of commodities more effectively.

Integration options: Before purchasing a commodity trading and risk management solution, ask your vendor what integration options they offer. By integrating a CTRM solution with supply chain and logistics software, you can access useful features such as warehouse and transportation management.

Multi-commodity capabilities: Although some solutions claim to support multi-commodity trading, they are often designed for trading a specific commodity and lack the tools necessary to track the profit and loss, position, risk factors, and other key metrics of other types of commodities. For instance, if your team trades both oil and power, you should make sure it supports both load forecasting for power trading and terminal inventory trading for oil traders.