Energy / Commodities
The Global Energy & Commodity Trading and Risk Management (E/CTRM) software market is expected to grow from USD 1.02 Billion in 2017 to USD 3.75 Billion by 2030. The growth of the market can be attributed to the increasing demand for cloud-based E/CTRM software, digitalisation of business processes and the growing need for real-time data analytics in the commodity trading industry.
Energy & Commodity Trading and Risk Management (E/CTRM) software are used to manage the risk associated with trading commodities. The software helps to track and monitor commodity prices, transactions, and risks. This allows traders to make better decisions about when to buy or sell commodities that are subject to price fluctuations and other risks and also to take action to mitigate those risks so they can automate their trades.
In the various business processes associated with energy & commodity trading, Wissen supports commodity traders, processors and purchasers. We design and implement the software that supports
- Physical contract capture
- Commodity derivatives and currencies
- Logistics processes
- Processes of financial settlements
- Risk Management.
The software handles Metals, Liquid Natual Gas (LNG), Natural Gas, Crude Oil, Refined Petroleum Products, Power, Renewable Energy and all other New Energies.
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