SourceBook

CTRM Software Suppliers

and Products
Version 073120

2020

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 2020 CTRM SourceBook

Table of Contents
Introduction 1
About the CTRM Sourcebook 2
Important Disclaimer 4
Summary of Commodity Specific Capabilities 6
Summary of Vendor Functional Coverage 7
Detailed Product Listings:
Agiboo 11
Amphora 14
Beacon Platform, Inc 17
Brady - Commodities 20
Brady - Energy 22
Contigo 25
CTRM Cloud 28
CTRM Cubed 31
CubeLogic 34
EGSSIS – Butlers & Whizzkids 37
Eka Software 40
Energy One Limited 43
Enuit LLC. 46
eZ-nergy 49
Fendahl 52
FIS - Aligne 55
FIS - Kiodex 57
FIS - XDM 59
Gen10 62
Hivedome Limited 65
Igloo Trading Solutions 68
Inatech – a Glencore company 71
InstaNext Inc 74

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Invensoft Technologies 77
ION Commodities 80
ION Commodities - AgTech 82
ION Commodities - Allegro 84
ION Commodities - Aspect 86
ION Commodities - Openlink 88
ION Commodities - RightAngle 90
ION Commodities - TriplePoint 92
Lacima 95
Paragon, an MCG Company 98
Molecule Software 101
OATI 104
PCI (Power Costs Inc.) 107
Pioneer Solutions 110
SAP SE 113
Trilogy Effective Software Solutions, Inc. 116
W Energy Software 119
Other Vendors 122
About Commodity Technology Advisory 124

Advertisers Index
Enverus 3
KWA 4
Value Creed 5
capSpire 8
DycoTrade 9

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2020 CTRM SourceBook

Introduction

The Commodity Technology Advisory LLC (ComTech) Sourcebook of CTRM Software

is designed to be a useful and highly usable resource to provide a rich source of
information to those seeking insights into the capabilities and coverage of products
within the ETRM/CTRM software space. It is a starting point in the product selection
process - a mid-level guide to allow the reader to develop a long list of vendors that
have high potential capabilities in terms of functional and commodity coverage to meet
the specific needs of individual commodity market participants.

This document is not intended to be a replacement for a formal selection process -

CTRM software is simply too complex to be selected properly without utilizing a
methodical selection process.

Rather, our intention in developing and publishing the CTRM Sourcebook is to inform
the reader of the wide universe of vendors and products, and allow companies seeking
a new system to compile a list of vendors that may include some that might not have
otherwise been considered, or even some that they may not have previously been
aware of.

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About the CTRM Sourcebook

Each Vendor and Product listing is compiled with the same format for clarity and ease
of use, and each is comprised of:
• The name of the vendor and contact information
• Company and product information including each vendors’ submitted company
and product description
• Total installed base by licensed customer companies
• A representative list of users of the product
• A graphic showing client distribution by common industry segment
• A graphic showing the distribution of current clients by geography
• A graphical matrix providing an overview of the product's capabilities, by function
(horizontal axis), by commodity (vertical axis)
• Deployment methods of the highlighted product(s)
• Office locations and contact phone numbers
The product functionality and commodity coverage charts are easily readable and
provide mid-level information about each vendor’s product capabilities.

ComTech’s methodology for constructing the Sourcebook was to distribute a

spreadsheet and questionnaire for data collection. Most of the vendors in the space
were invited to submit their information for publication. Those that chose to participate
completed and returned the questionnaire, including identifying by commodity and
function (or feature) whether their software:
1) has an indicated capability that is in use by a current user (indicated by a green
checkmark)
2) has that capability available but is not currently used by a client (indicated by
yellow circle), or

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3) does not provide that capability (indicated by red “X”) for the indicated
function/commodity combination.

Submitted information was reviewed and edited by ComTech to ensure all vendors
conformed to the same standard, and adjustments were made to some vendor
responses to ensure consistency among all respondents. The information submitted by
the vendors was used to complete the vendor/product listing.

For information about other vendors that provide similar capabilities, at least in part, to
those vendors included in this 2020 SourceBook, please visit
https://www.ctrmcenter.com/resources/.

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Important Disclaimer
Please Note: Commodity Technology Advisory LLC cannot guarantee the accuracy of any of
information within the Vendor listings. While we have attempted to match vendor claims against
our knowledge of their market capabilities, given the dynamic nature of these markets and the
ongoing development of new capabilities to address emerging needs, none of the vendor claims
of any particular capability can be fully and accurately verified.

Additionally, given the complexity of the CTRM space generally, we cannot guarantee that the
vendors have interpreted the terminology we used accurately in preparing their responses, nor
that each vendor has applied the same approach and/or interpretation in answering our
questions. As such, this material is presented on the basis that it is indicative of the broad
capabilities of vendor’s products at the time of publication.

ComTech Advisory strongly advises users of this document to verify all capabilities directly with
the vendors and undertake requisite due diligence when selecting software.

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Summary of Commodity Specific Capabilities

The chart on the following page offers a summarized view of the functions/features offered
by each vendor (and/or product) by commodity. These values do not include non-
commodity specific capabiltiies such as back office functions (accounting) or system-wide
capabilities such as reporting or currency conversion.

Using This Chart

Those seeking new CTRM capabilities may be able to quickly identify those vendors (and
their products) that may meet their needs by simply reviewing the indicated breadth of
capabilities for each vendor on the summary chart. However, it is important to note that
should the reader wish to identify a specific capability (for example, the ability to capture
options deals), they should carefully review each individual vendor’s capabilities for that
specific function.

This chart is intended to provide a summarized view of the relative focus of each vendor’s
functional coverage across the various commodities. Please keep in mind, each vendor
will have particular capabilities and strengths that may not be well-reflected in this
type of summary view. However, for those seeking broad physical commoditiy capabilities
- such as tracking physical supplies from source to final market - this chart will provide an
“at a glance” identification of potential vendors that may provide comprehensive physical
commodity trading capabilities, and offer a starting point for additional research into those
vendors.

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Summary of Vendor Functional Coverage - Percentage by Commodity

The following chart is a summation of the individual functional matrixes submitted by each vendor. The percentage values
shown for each vendor(product)/commodity combination are indexes determined by the following formula:
(1 point for capability available and deployed at customer + ½ point for capability availabe but not deployed + 0 points for functionality not
availabe)/Total available points applicable to that commodity

ENERGIES AGS & SOFTS METALS EMISSIONS

Natural Crude Ediable Concen- North Other Frieght
Vendor (Product) Power Gas Crude Products NGL Coal LNG BioFuels Grains Oils Softs Base trates Precious America Europe Bulk Rates

Agiboo 0% 0% 0% 0% 0% 0% 0% 100% 100% 100% 100% 0% 0% 0% 0% 0% 0% 0%

Amphora 0% 74% 80% 83% 81% 80% 82% 81% 81% 81% 0% 81% 81% 81% 47% 44% 0% 85%

Beacon 55% 47% 43% 43% 43% 44% 45% 24% 40% 40% 40% 47% 47% 47% 69% 66% 24% 28%

Brady - Commodities 3% 30% 45% 54% 28% 51% 30% 34% 79% 78% 78% 81% 81% 74% 40% 40% 74% 69%

Brady - Energy 93% 83% 54% 2% 2% 53% 2% 1% 1% 1% 1% 2% 2% 2% 3% 79% 3% 3%

Contigo 67% 66% 46% 45% 0% 50% 0% 0% 0% 0% 0% 0% 0% 0% 0% 47% 0% 0%

CTRMCloud 71% 58% 51% 51% 44% 46% 51% 48% 48% 48% 48% 50% 45% 50% 61% 61% 51% 0%

CTRMCubed 53% 48% 44% 44% 43% 45% 47% 26% 26% 26% 26% 26% 26% 26% 31% 31% 28% 32%

Cubelogic 42% 37% 37% 37% 36% 38% 39% 40% 40% 40% 40% 40% 40% 40% 49% 49% 43% 50%

EGSSIS 37% 34% 0% 0% 0% 0% 10% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%

Eka 97% 98% 98% 98% 98% 98% 98% 98% 98% 98% 98% 98% 98% 98% 97% 97% 98% 97%

EnergyOne 82% 78% 63% 38% 39% 64% 40% 0% 0% 0% 0% 0% 0% 0% 44% 44% 0% 0%

Enuit 89% 95% 92% 95% 93% 92% 94% 97% 83% 83% 83% 97% 97% 81% 81% 81% 96% 71%

ez-nergy 21% 14% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%

Fendahl 0% 77% 82% 83% 78% 83% 44% 44% 85% 85% 85% 85% 85% 85% 44% 44% 84% 72%

FIS - Aligne 97% 87% 76% 76% 74% 87% 45% 88% 43% 43% 43% 43% 43% 43% 94% 94% 0% 0%

FIS - Kiodex 50% 48% 49% 49% 48% 50% 50% 55% 59% 59% 59% 59% 31% 59% 56% 56% 61% 60%

FIS - XDM 83% 71% 15% 15% 15% 16% 16% 33% 0% 0% 0% 0% 0% 0% 40% 79% 0% 0%

G10 0% 49% 50% 49% 50% 50% 50% 50% 100% 100% 100% 100% 100% 100% 50% 50% 100% 100%

Hivedome 0% 0% 0% 0% 0% 84% 0% 88% 88% 91% 91% 88% 0% 0% 0% 0% 0% 0%

Igloo 53% 44% 33% 33% 32% 33% 34% 0% 0% 0% 0% 0% 0% 0% 40% 40% 0% 0%

Inatech 41% 42% 91% 91% 90% 91% 91% 91% 37% 37% 38% 37% 37% 37% 84% 84% 0% 0%

Instanext 51% 58% 52% 52% 51% 51% 53% 51% 51% 50% 50% 51% 50% 50% 61% 61% 54% 66%

Invensoft 0% 0% 0% 0% 0% 0% 0% 0% 48% 48% 81% 28% 28% 14% 0% 0% 0% 0%

ION - AgTech 0% 0% 0% 0% 0% 0% 0% 66% 66% 66% 66% 0% 0% 0% 0% 0% 0% 0%

ION - Allegro 93% 94% 93% 91% 91% 93% 97% 94% 79% 79% 49% 49% 49% 49% 90% 90% 88% 84%

ION - Aspect 0% 55% 85% 85% 61% 84% 62% 87% 85% 85% 79% 87% 85% 77% 12% 12% 29% 61%

ION - Commodities 96% 99% 98% 98% 98% 98% 95% 98% 98% 98% 95% 94% 93% 94% 97% 97% 95% 94%

ION - Endur 93% 97% 95% 93% 94% 93% 95% 92% 92% 92% 93% 86% 86% 86% 94% 94% 95% 94%

ION - RightAngle 0% 0% 94% 94% 92% 94% 0% 94% 87% 87% 87% 90% 84% 0% 0% 0% 88% 80%

Lacima 72% 67% 63% 63% 62% 64% 66% 67% 67% 67% 67% 67% 67% 67% 83% 83% 73% 82%

Molecule 54% 49% 47% 47% 45% 26% 26% 43% 27% 27% 27% 27% 27% 27% 51% 33% 53% 0%

OATI 97% 95% 67% 67% 66% 74% 68% 63% 63% 63% 63% 63% 63% 63% 77% 0% 0% 0%

Paragon/MCG 95% 91% 93% 93% 91% 93% 93% 41% 41% 41% 41% 41% 41% 41% 89% 54% 48% 35%

PCI 79% 64% 1% 47% 1% 61% 28% 0% 0% 0% 0% 0% 0% 0% 60% 39% 0% 0%

Pioneer 95% 95% 91% 89% 88% 62% 74% 86% 49% 49% 77% 72% 49% 0% 94% 94% 43% 49%

SAP 0% 71% 82% 82% 80% 80% 81% 80% 81% 80% 81% 81% 81% 81% 43% 43% 46% 44%

Trilogy 33% 72% 57% 52% 59% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%

W Energy 0% 37% 39% 37% 40% 21% 20% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%

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Detailed Product Listings

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Agiboo
Guamstraat 8
1339 NB Almere
The Netherlands
Product:
Phone: 313 6521 3131 Agiblocks
www.agiboo.com

Agiblocks CTRM Software has been developed with the single Number of Licensed Client Companies: 30
goal of making the daily practices of commodity trading Representative Clients: Farmers Business Network;
professionals more efficient. Golden Agri; Daarnhouwer

Its clean user interface is simple with fast access to key functions.
For every task, from creating a contract to evaluating your risk,
all required information is immediately available.

It is as powerful on smartphones and tablet computers as it is on

the desktop. Agiblocks is specialized in the Agricultural and soft
commodity industry.

Delivery Methods:
 Traditional License
 SaaS: Multi-Tenanted
 Hosted in Private Cloud
 Hosted in Public Cloud
 License Rental

Office Locations and Phone:

 Chicago IL, USA +1 312 848 1602
 Singapore +65 94526915

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Vendor: Agiboo Product Name: Agiblocks Version: v.3.31.13

Functionality is deployed and in production Not Deployed, but system is System is not currently capable of Not Applicable - Functionality not
at a client site capable of providing functionality providing that functionality
- applicable for Commodity
ENERGIES AGS & SOFTS METALS EMISSIONS
Natural Crude Ediable Concen- North Other Frieght
Function / Feature Power Gas Crude Products NGL Coal LNG BioFuels Grains Oils Softs Base trates Precious America Europe Bulk Rates
Production Mgmt./Generation - - - -
Production / Operations

Volumetric Management - - - - -
Net Back Pricing - - - - - - - - - - - -
DOI/Owner Balancing - - - - - - - - - - - - - -
Gas Gathering - - - - - - - - - - - - - - - - -
Gas Processing - - - - - - - - - - - - - - - -
Retail Ops. / Rack Mktg. - - - - - - - - - - - - - - -
Quality / Sampling - - - - -
Contract Management
Deal Origination
Credit Tracking
Curve Management
Portfolio Optimization
Supply-Demand Optimization
Pre-Deal Analytics "what if"
Trade Capture
Front Office / Trading

Physical
Financial
Exchange
Deal Types
Spot & Forwards
Futures
Swaps
Options
Swaptions
Transportation
Storage/Inventory - -
Complex Pricing
Position Management
Physical
Financial
Credit Risk
Hedge Effectiveness
Risk Management and Analysis

Analytics
Mark-to-Market
VaR - Monte Carlo
VaR - Other
Greeks
PaR/EaR
CVaR
Portfolio Sensitivity Analysis
Stress Testing
Simulations
Fair Value Disclosure
Vessel Frieght Risk -
Insurance - -
Inventory Management
Scheduling and Logisitics
Power Transmission - - - - - - - - - - - - - - - - -
North America - - - - - - - - - - - - - - - - -
Middle Office

Europe - - - - - - - - - - - - - - - - -
Pipeline - - - - - - - - - - - - - -
Barge - - - - -
Rail - - - - -
Truck - - - - -
Vessel - - - - -
Supply Chain Mgmt./Traceability - - - -
Regulatory Reporting
Settlement
Back Office

Actualization
Invoicing
Settlements/Reconciliation
Taxation
AR/AP/Ledger (Gen. or Sub)
Currency Conversion
Unit Conversion
Document Management
System Wide

Workflow Management
Reporting / Business Intelligence
Canned Reports
Ad hoc Reporting
Executive Dashboard
BI tools

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Amphora
London Bridge, The News Building
3 London Bridge Street
London UK SE 95G
Product:
Phone: +44 (20) 3878 4187 Symphony
www.agiboo.com

Founded in 1997, Amphora provides enterprise software Number of Licensed Client Companies: 23
solutions designed and developed for companies in the Representative Clients: Mercuria; Gail; BB Energy;
commodities market. Our team includes some of the most Petredec; Pemex; Circle K
experienced software designers, developers, and business
analysts in the industry today. Since our inception, our main
goal has been to provide the trading community with the most
robust, user-friendly, enterprise-wide software package
available. Amphora continues to launch new products that
address customers’ needs and adjust to dynamic market
demands.

GLOBAL PRESENCE

• 3000 users and 100+ employees with direct hands-on

experience with commodity trading systems
• Development Centers in London, Hyderabad, Zug
• Service Centers in London, Houston, Zug, Rome,
Hyderabad and Singapore

Amphora provides robust and highly scalable multi-

commodity trading, risk management, accounting and
shipping solutions to support rapidly growing business
demands and empowers clients to streamline operations,
reduce transaction costs and manage their physical business
in a single platform.

Delivery Methods:
 Traditional License
 Hosted in Private Cloud
 Hosted in Public Cloud

Office Locations and Phone:

 Dubai, UAE
 Zug, Switzerland
 New York City, United States
 Hyderabad, India
 Beijing, China

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Vendor: Amphora Product Name: Symphony Version: 3.5

Functionality is deployed and in production Not Deployed, but system is System is not currently capable of Not Applicable - Functionality not
at a client site capable of providing functionality providing that functionality
- applicable for Commodity
ENERGIES AGS & SOFTS METALS EMISSIONS
Natural Crude Ediable Concen- North Other Frieght
Function / Feature Power Gas Crude Products NGL Coal LNG BioFuels Grains Oils Softs Base trates Precious America Europe Bulk Rates
Production Mgmt./Generation - - - -
Production / Operations

Volumetric Management - - - - -
Net Back Pricing - - - - - - - - - - - -
DOI/Owner Balancing - - - - - - - - - - - - - -
Gas Gathering - - - - - - - - - - - - - - - - -
Gas Processing - - - - - - - - - - - - - - - -
Retail Ops. / Rack Mktg. - - - - - - - - - - - - - - -
Quality / Sampling - - - - -
Contract Management
Deal Origination
Credit Tracking
Curve Management
Portfolio Optimization
Supply-Demand Optimization
Pre-Deal Analytics "what if"
Trade Capture
Front Office / Trading

Physical
Financial
Exchange
Deal Types
Spot & Forwards
Futures
Swaps
Options
Swaptions
Transportation
Storage/Inventory - -
Complex Pricing
Position Management
Physical
Financial
Credit Risk
Hedge Effectiveness
Risk Management and Analysis

Analytics
Mark-to-Market
VaR - Monte Carlo
VaR - Other
Greeks
PaR/EaR
CVaR
Portfolio Sensitivity Analysis
Stress Testing
Simulations
Fair Value Disclosure
Vessel Frieght Risk -
Insurance - -
Inventory Management
Scheduling and Logisitics
Power Transmission - - - - - - - - - - - - - - - - -
North America - - - - - - - - - - - - - - - - -
Middle Office

Europe - - - - - - - - - - - - - - - - -
Pipeline - - - - - - - - - - - - - -
Barge - - - - -
Rail - - - - -
Truck - - - - -
Vessel - - - - -
Supply Chain Mgmt./Traceability - - - -
Regulatory Reporting
Settlement
Back Office

Actualization
Invoicing
Settlements/Reconciliation
Taxation
AR/AP/Ledger (Gen. or Sub)
Currency Conversion
Unit Conversion
Document Management
System Wide

Workflow Management
Reporting / Business Intelligence
Canned Reports
Ad hoc Reporting
Executive Dashboard
BI tools

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Beacon Platform, Inc

5 Hanover Square, 20th Floor
Suite 2001
New York, NY 10004
Product:
Phone: 1 800 893 9826 Beacon Platform
www.beacon.io

The Beacon Platform is the only commodity and energy platform Number of Licensed Client Companies: 25
to provide access to all source code within an integrated Representative Clients: EnBW; Statkraft AG; Shell New
development environment, together with front-to-back trading Energies; Axpo US; Javelin Commodities; Quantix
and risk management applications. Beacon was built by the Commodities

team that created lasting trading and risk technologies at some

of the world’s largest banks. Their technology platforms have
stood the test of time at the world’s premier financial institutions.
Beacon makes the same level of technology available to
everyone. Beacon brings together two of the lead engineers and
co-founders, Kirat Singh and Mark Higgins, who are responsible
for the three premier enterprise innovation platforms in the
industry. The Beacon technology builds on nearly 30 years of
innovation, refinements, and lessons learned at Goldman Sachs,
JPMorgan, and Bank of America and Merrill Lynch.

Beacon’s transparent source gives developers access to the

entire Beacon platform which enables the client –- not the vendor
–- to own the full technology stack. It’s designed to be extended,
not replaced. Beacon’s flexibility makes commodity firms more
nimble. Beacon’s development environment enables firms to
centralize all their technology and development on one platform;
develop, deploy and use new strategies and applications quickly;
and adapt to regulations faster than before. This transparency
and flexibility empower clients to securely build, iteratively test,
tweak and integrate proprietary models and analytics, and to
extend end-user applications easily. Beacon takes away the
shared pain of implementing new technology and lets firms focus Delivery Methods:
on their own core activities. The future of commodity trading is  Deployed in Client's Cloud Account (i.e. AWS or Azure)
being built, hosted, and distributed on the cloud. Beacon delivers
the benefits of cloud technology to clients, including Office Locations and Phone:
cybersecurity, flexibility, and scale.  New York, USA +1 646 609 9329
 London, UK +44 20 361 712 99
Beacon helps to solve the build vs. buy challenge. Clients can  Tokyo, Japan +81 (0) 70 3884 4310
manage technology infrastructure as well as build their own
solutions in one secure environment.

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Vendor: BEACON PLATFORM, INCORPORATED Product Name: Beacon Platform Version: Continuous Daily Upgrade

Functionality is deployed and in production Not Deployed, but system is System is not currently capable of Not Applicable - Functionality not
at a client site capable of providing functionality providing that functionality
- applicable for Commodity
ENERGIES AGS & SOFTS METALS EMISSIONS
Natural Crude Ediable Concen- North Other Frieght
Function / Feature Power Gas Crude Products NGL Coal LNG BioFuels Grains Oils Softs Base trates Precious America Europe Bulk Rates
Production Mgmt./Generation - - - -
Production / Operations

Volumetric Management - - - - -
Net Back Pricing - - - - - - - - - - - -
DOI/Owner Balancing - - - - - - - - - - - - - -
Gas Gathering - - - - - - - - - - - - - - - - -
Gas Processing - - - - - - - - - - - - - - - -
Retail Ops. / Rack Mktg. - - - - - - - - - - - - - - -
Quality / Sampling - - - - -
Contract Management
Deal Origination
Credit Tracking
Curve Management
Portfolio Optimization
Supply-Demand Optimization
Pre-Deal Analytics "what if"
Trade Capture
Front Office / Trading

Physical
Financial
Exchange
Deal Types
Spot & Forwards
Futures
Swaps
Options
Swaptions
Transportation
Storage/Inventory - -
Complex Pricing
Position Management
Physical
Financial
Credit Risk
Hedge Effectiveness
Risk Management and Analysis

Analytics
Mark-to-Market
VaR - Monte Carlo
VaR - Other
Greeks
PaR/EaR
CVaR
Portfolio Sensitivity Analysis
Stress Testing
Simulations
Fair Value Disclosure
Vessel Frieght Risk -
Insurance - -
Inventory Management
Scheduling and Logisitics
Power Transmission - - - - - - - - - - - - - - - - -
North America - - - - - - - - - - - - - - - - -
Middle Office

Europe - - - - - - - - - - - - - - - - -
Pipeline - - - - - - - - - - - - - -
Barge - - - - -
Rail - - - - -
Truck - - - - -
Vessel - - - - -
Supply Chain Mgmt./Traceability - - - -
Regulatory Reporting
Settlement
Back Office

Actualization
Invoicing
Settlements/Reconciliation
Taxation
AR/AP/Ledger (Gen. or Sub)
Currency Conversion
Unit Conversion
Document Management
System Wide

Workflow Management
Reporting / Business Intelligence
Canned Reports
Ad hoc Reporting
Executive Dashboard
BI tools

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Brady - Commodities
Centennium House
100 Lower Thames Street
London UK EC3R 6DL Product:
Phone: 44 (0) 20 3301 1200 Brady Commodities
www.bradyplc.com

Brady provides trading, risk and logistics management software solutions to Number of Licensed Client Companies: Information not
global commodities markets. Brady customers include start-ups to leading provided
multinationals trading in metals and agricultural commodities.

Brady is an agile, independent company, with over 30 years’ experience in

Representative Clients: Information not provided
the commodities industry.

Brady’s financial trading solution specialises in hedging and risk

management, supporting standard financial contracts including forwards,
futures, options and averages to complex derivative instruments. Benefits:
• Gain real-time visibility of mark-to-market, positions and P&L metrics
• Analyse optionality in financial contracts, optimise trading decisions
• Measure and report on risk metrics to comply with your organisation’s risk
policy
• Apply stress testing, understand the impact of shocks in price, volatility,
foreign exchange and interest rates to the P&L
• Perform VaR simulations, ascertain the maximum potential loss on a
portfolio over a specific time period for a certain confidence level
• Report the impact of trade events or market data changes to the overall
trading P&L
• Perform detailed P&L analysis to assess whether profits are as expected
or to explain fluctuations
• Automate commission and brokerage calculations for different types of
commodities, exchanges and brokers to reduce risk of error in charges
• Manage initial and variation margin requirements more accurately to avoid
unnecessary funds being paid to counterparties
• Brokers can manage generation and distribution of client communications
efficiently to focus time on revenue prospecting activities

Brady’s physical trading solution specialises in physical trading, managing

the logistics complexities of land, maritime and multimodal shipment flows.
Benefits:
• Determine most profitable trades as prices change with smart hedging
tools
• Visualise risks enabling you to plan and react promptly including the
application of limits
• Capture nuances of physical deals in metals, such as those involving
concentrates; incorporate multiple contents into a contract
• Capture nuances of physical deals in agricultural commodities; incorporate
multiple qualities into a contract
• Conduct P&L analysis across multiple legal entities or trading books to
explain fluctuations
• Ensure inventory committed in the contract is no longer made available for Delivery Methods:
other sales  Traditional License
• Manage inventory and documentation efficiently between suppliers,
 Hosted in Private Cloud
depots, silos and customers across borders
• Track shipments with associated transport and voyages by linking them to
underlying physical contracts, avoid risk of settlement delays and payment Office Locations and Phone:
issues
• Manage logistics related costs including inspection of inventory, transport,  Geneva, Switzerland +41 (0) 22 5607 410
import and excise duties and taxes from one place  London, UK +44 (0) 20 3301 1200
• View different commodity types, statuses and balances of inventory across  Cambridge, UK +44 (0) 12 2347 9479
different locations, whether in transit or in storage, to help decide the  Edinburgh, UK +44 (0) 13 1526 3950
optimal, least expensive locations to transport from  Bangalore, India +91 80 4445 1057
Brady’s credit risk solution helps to mitigate counterparty risk, prevent loss
and manage liquidity. It offers pioneering decision support by intelligently
monitoring market conditions. You can analyse the impact of potential
adverse scenarios, estimate the risk velocity and comply with robust risk
policies. Key functionality includes support for pre-deal checking, exposure
management, collateral management and real-time alerting of critical data,
whereby users across the organisation can be alerted on scenarios tailored
to their business needs.

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Brady - Energy
Centennium House
100 Lower Thames Street
London UK EC3R 6DL
Product:
Phone: 44 (0) 20 3301 1200 Brady Energy
www.bradyplc.com

Brady provides trading, risk and logistics management software Number of Licensed Client Companies: Information not
solutions to European energy markets, to empower you to trade provided
confidently, profitably and sustainably today and in the future. Its
customers include start-ups to leading multinational utilities trading in
Representative Clients: Information not provided
power, gas and renewables, who own assets or trade on behalf of
others.
Front, mid and back office teams can better understand costs throughout
the financial and physical trading life cycle, assess market and credit
risks in real-time and efficiently manage the logistics involved in the
timely delivery of power.
Brady is an independent company, agile in the way it conducts business
and how it provides customer service. The company has over 30 years’
experience in the energy trading sector and has been at the forefront of
exchange market design, helping to develop the operations for the first
power exchange in Europe. Its software continues to be shaped by
developments across the most liquid energy markets in Europe, to meet
the highest standards for power trading.
The company’s short-term/intraday power trading solutions address the
following key areas:
• Power generation planning and order preparation
• Day-ahead trading on EPEX and Nord Pool power exchanges
• Intraday power trading on EPEX’s Intraday Continuous Market
• Delivery of power through the majority of transmission systems
operators (TSOs) across Europe; automated bidding and results
processing in ancillary and balancing markets
• High volume trade data processing in near real-time for customised
aggregation and analysis
• Scheduling (nominations) to meet power TSO communications
protocol and deadlines
• Bidding in Balancing Markets directly with TSOs
• Meter data management for more accurate customer billing
• Settlement and invoicing processes of complex contracts (such as
Power Purchase Agreements and Tolling Contracts)

Brady’s energy trading and risk management solution specialises in

Delivery Methods:
long-term financial and physical trading in electricity, gas, oil, emissions,
EI certificates, coal, renewables and currency across European  Traditional License
markets. It facilitates business decision-making with the ability to assess  Hosted in Private Cloud
market risk factors and their impact on trading strategies in real-time,
and helps to meet reporting requirements for key regulations such as
MiFID, EMIR and REMIT. Delivered as a packaged solution, with the
Office Locations and Phone:
option for pre-configured delivery to a wide range of markets and  London, UK +44 (0) 20 3301 1200
contracts, business benefits can be realised quickly, in a compliant  Bergen, Norway +47 99 09 99 98
manner.  Edinburgh, UK +44 (0) 13 1526 3950
Brady’s credit risk solution helps to mitigate counterparty risk, prevent  Zug, Switzerland +41 41 728 72 42
loss and manage liquidity. It offers pioneering decision support by  Halden, Norway +47 99 09 99 98
intelligently monitoring market conditions. You can analyse the impact
of potential adverse scenarios, estimate the risk velocity and comply with
robust risk policies. Key functionality includes support for pre-deal
checking, exposure management, collateral management and real-time
alerting of critical data, whereby users across the organisation can be
alerted on scenarios tailored to their business needs.

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 2020 CTRM SourceBook

Vendor: Brady Product Name: Brady Energy Version: 2020.2

Functionality is deployed and in production Not Deployed, but system is System is not currently capable of Not Applicable - Functionality not
at a client site capable of providing functionality providing that functionality
- applicable for Commodity
ENERGIES AGS & SOFTS METALS EMISSIONS
Natural Crude Ediable Concen- North Other Frieght
Function / Feature Power Gas Crude Products NGL Coal LNG BioFuels Grains Oils Softs Base trates Precious America Europe Bulk Rates
Production Mgmt./Generation - - - -
Production / Operations

Volumetric Management - - - - -
Net Back Pricing - - - - - - - - - - - -
DOI/Owner Balancing - - - - - - - - - - - - - -
Gas Gathering - - - - - - - - - - - - - - - - -
Gas Processing - - - - - - - - - - - - - - - -
Retail Ops. / Rack Mktg. - - - - - - - - - - - - - - -
Quality / Sampling - - - - -
Contract Management
Deal Origination
Credit Tracking
Curve Management
Portfolio Optimization
Supply-Demand Optimization
Pre-Deal Analytics "what if"
Trade Capture
Front Office / Trading

Physical
Financial
Exchange
Deal Types
Spot & Forwards
Futures
Swaps
Options
Swaptions
Transportation
Storage/Inventory - -
Complex Pricing
Position Management
Physical
Financial
Credit Risk
Hedge Effectiveness
Risk Management and Analysis

Analytics
Mark-to-Market
VaR - Monte Carlo
VaR - Other
Greeks
PaR/EaR
CVaR
Portfolio Sensitivity Analysis
Stress Testing
Simulations
Fair Value Disclosure
Vessel Frieght Risk -
Insurance - -
Inventory Management
Scheduling and Logisitics
Power Transmission - - - - - - - - - - - - - - - - -
North America - - - - - - - - - - - - - - - - -
Middle Office

Europe - - - - - - - - - - - - - - - - -
Pipeline - - - - - - - - - - - - - -
Barge - - - - -
Rail - - - - -
Truck - - - - -
Vessel - - - - -
Supply Chain Mgmt./Traceability - - - -
Regulatory Reporting
Settlement
Back Office

Actualization
Invoicing
Settlements/Reconciliation
Taxation
AR/AP/Ledger (Gen. or Sub)
Currency Conversion
Unit Conversion
Document Management
System Wide

Workflow Management
Reporting / Business Intelligence
Canned Reports
Ad hoc Reporting
Executive Dashboard
BI tools

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Contigo
Radcliffe House
Blenheim Court
Solihull UK B91 2AA Product:
Phone: +44 (0) 845 838 6848 enTrader
www.contigosoftware.com

Contigo provides an award-winning browser based ETRM Number of Licensed Client Companies: 33
system offered in the cloud or deployed. The system manages Representative Clients: Eniig; InterGen; SSE; Ecotricity;
Good Energy; HOFOR
gas, power, carbon emissions and financial oil positions.

Contigo has a modular product suite which provides

sophisticated solutions, managing the full trade lifecycle,
portfolio management, P&L, risk analytics, regulatory reporting,
VaR and settlement. In addition, the system manages energy
notifications, nominations and scheduling through our sister
company, eZ-nergy. Trades executed on venues and OTCs are
straight through processed. Trades are managed natively down
to low-level granularity with near real-time reporting capabilities
supporting critical decision making and intraday trading. The
system accurately provides open and closed positions on
demand and offers flexible reporting via an ODATA connector
to plug in a Power BI dashboard.

The system is pre-configured, providing 'out-of-the-box'

functionality, allowing rapid implementation times.

Contigo products support SOAP and REST APIs and can be

integrated into in-house or third-party systems.

Delivery Methods:
 Traditional License
 Hosted in Private Cloud

Office Locations and Phone:

 Solihull, UK +44 (0) 845 838 6848

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 2020 CTRM SourceBook

Vendor: Contigo Software Limited Product Name: enTrader Version: 8.3

Functionality is deployed and in production Not Deployed, but system is System is not currently capable of Not Applicable - Functionality not
at a client site capable of providing functionality providing that functionality
- applicable for Commodity
ENERGIES AGS & SOFTS METALS EMISSIONS
Natural Crude Ediable Concen- North Other Frieght
Function / Feature Power Gas Crude Products NGL Coal LNG BioFuels Grains Oils Softs Base trates Precious America Europe Bulk Rates
Production Mgmt./Generation - - - -
Production / Operations

Volumetric Management - - - - -
Net Back Pricing - - - - - - - - - - - -
DOI/Owner Balancing - - - - - - - - - - - - - -
Gas Gathering - - - - - - - - - - - - - - - - -
Gas Processing - - - - - - - - - - - - - - - -
Retail Ops. / Rack Mktg. - - - - - - - - - - - - - - -
Quality / Sampling - - - - -
Contract Management
Deal Origination
Credit Tracking
Curve Management
Portfolio Optimization
Supply-Demand Optimization
Pre-Deal Analytics "what if"
Trade Capture
Front Office / Trading

Physical
Financial
Exchange
Deal Types
Spot & Forwards
Futures
Swaps
Options
Swaptions
Transportation
Storage/Inventory - -
Complex Pricing
Position Management
Physical
Financial
Credit Risk
Hedge Effectiveness
Risk Management and Analysis

Analytics
Mark-to-Market
VaR - Monte Carlo
VaR - Other
Greeks
PaR/EaR
CVaR
Portfolio Sensitivity Analysis
Stress Testing
Simulations
Fair Value Disclosure
Vessel Frieght Risk -
Insurance - -
Inventory Management
Scheduling and Logisitics
Power Transmission - - - - - - - - - - - - - - - - -
North America - - - - - - - - - - - - - - - - -
Middle Office

Europe - - - - - - - - - - - - - - - - -
Pipeline - - - - - - - - - - - - - -
Barge - - - - -
Rail - - - - -
Truck - - - - -
Vessel - - - - -
Supply Chain Mgmt./Traceability - - - -
Regulatory Reporting
Settlement
Back Office

Actualization
Invoicing
Settlements/Reconciliation
Taxation
AR/AP/Ledger (Gen. or Sub)
Currency Conversion
Unit Conversion
Document Management
System Wide

Workflow Management
Reporting / Business Intelligence
Canned Reports
Ad hoc Reporting
Executive Dashboard
BI tools

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Advertisement

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2020 CTRM SourceBook

CTRM Cloud
595 Market Street Product:
Suite 2430
San Francisco, CA 94105 CTRM Cloud
Phone: 628 888 2508
www.ctrmcloud.com

CTRM Cloud is an award-winning trading and risk Number of Licensed Client Companies: Information not
management platform for commodity/energy markets. It offers provided
“CTRM as a service” to help organizations across the
Representative Clients: Information not provided
commodity value-chain with real time decision support &
reporting. The company was started in 2016 with the vision of
building a comprehensive, scalable, sophisticated, yet easy to
use solution.

CTRM Cloud delivers the benefits of a modern, cloud-native

solution including rapid implementations, continuous product
enhancements, high performance, scalability, better user
experience – all at a significantly lower TCO. CTRM Cloud
solution comes preloaded with a comprehensive set of
reference and market data, as well as pre-built connections to
multiple exchanges, trading venues, and market data
providers.

The platform utilizes a microservices based architecture to

enable modular deployment for point solutions, ready to scale
with your business requirements. At the same time, it has the
breadth and depth of the functionality and the robustness
required to serve as an enterprise-wide, end-to-end CTRM
solution for large, global companies with complex business
problems.

The highly experienced CTRM Cloud team serves customers

in various commodity/energy sectors around the globe, who
rely on the platform to make timely and well-informed Delivery Methods:

decisions for all of their physical and financial trading.  SaaS: Multi-Tenanted

Office Locations and Phone:

 San Francisco CA USA
 Chicago IL USA
 Stamford CT USA

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Vendor: CTRM Cloud Product Name: CTRM Cloud Version: 0

Functionality is deployed and in production Not Deployed, but system is System is not currently capable of Not Applicable - Functionality not
at a client site capable of providing functionality providing that functionality
- applicable for Commodity
ENERGIES AGS & SOFTS METALS EMISSIONS
Natural Crude Ediable Concen- North Other Frieght
Function / Feature Power Gas Crude Products NGL Coal LNG BioFuels Grains Oils Softs Base trates Precious America Europe Bulk Rates
Production Mgmt./Generation - - - -
Production / Operations

Volumetric Management - - - - -
Net Back Pricing - - - - - - - - - - - -
DOI/Owner Balancing - - - - - - - - - - - - - -
Gas Gathering - - - - - - - - - - - - - - - - -
Gas Processing - - - - - - - - - - - - - - - -
Retail Ops. / Rack Mktg. - - - - - - - - - - - - - - -
Quality / Sampling - - - - -
Contract Management
Deal Origination
Credit Tracking
Curve Management
Portfolio Optimization
Supply-Demand Optimization
Pre-Deal Analytics "what if"
Trade Capture
Front Office / Trading

Physical
Financial
Exchange
Deal Types
Spot & Forwards
Futures
Swaps
Options
Swaptions
Transportation
Storage/Inventory - -
Complex Pricing
Position Management
Physical
Financial
Credit Risk
Hedge Effectiveness
Risk Management and Analysis

Analytics
Mark-to-Market
VaR - Monte Carlo
VaR - Other
Greeks
PaR/EaR
CVaR
Portfolio Sensitivity Analysis
Stress Testing
Simulations
Fair Value Disclosure
Vessel Frieght Risk -
Insurance - -
Inventory Management
Scheduling and Logisitics
Power Transmission - - - - - - - - - - - - - - - - -
North America - - - - - - - - - - - - - - - - -
Middle Office

Europe - - - - - - - - - - - - - - - - -
Pipeline - - - - - - - - - - - - - -
Barge - - - - -
Rail - - - - -
Truck - - - - -
Vessel - - - - -
Supply Chain Mgmt./Traceability - - - -
Regulatory Reporting
Settlement
Back Office

Actualization
Invoicing
Settlements/Reconciliation
Taxation
AR/AP/Ledger (Gen. or Sub)
Currency Conversion
Unit Conversion
Document Management
System Wide

Workflow Management
Reporting / Business Intelligence
Canned Reports
Ad hoc Reporting
Executive Dashboard
BI tools

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CTRM Cubed
Lake View House
Wilton Drive
Product:
Warwick UK TradeCube
www.tradecube.io

TradeCube from CTRM³ is an innovative CTRM platform that combines Number of Licensed Client Companies: Information not
Trading and Risk Management with Data Analytics, into an always-on provided
SaaS service, delivered on a cost-effective pay-as-use basis.
Representative Clients: Information not provided
The self-service platform is cloud deployed and designed to reduce the
setup and implementation time from months down to minutes. Aimed at
businesses of all sizes that need an easy-to-use CTRM, TradeCube
delivers without the stress, hassle, time, and cost of a major project
implementation.
TradeCube comes pre-configured with a range of useful standing data,
such as counterparties, exchanges and products to make getting started
even quicker. The service includes support for a full spectrum of
commodities.
Information not provided
The Data Analytics component adds flexible cube analysis and
reporting, enabling big data analysis of portfolio metrics without the need
for separate reporting tools or analysis products. Drill up and down key
metrics including Profit and Loss, Mark-to-Market and Value-at-Risk
over any portfolio or timescale with the built-in CubeViewer component.
Metrics are collated into a KPI dashboard customisable by each user, to
present key charts and trends and the main page, providing an instant
overview of the trading and portfolio.
Admin users can clone, backup, restore and configure environments
with a single click; perfect for setting up training or testing environments.
Specialist IT staff are not needed as the infrastructure, servers,
databases, and installation are all included in the service. Auto-updates
keep the system updated and upgraded periodically and are also
included at no extra cost.
Best of all TradeCube, comes with no commercial risk. The service
Information not provided
allows an instant environment setup with a 30-day free trial, no long-
term commitments, or complex contracts.
Transparent pricing means clients only pay for what is needed through
a low per-user per-month service fee, alongside straightforward SaaS
terms. Uptime is guaranteed through service charge rebates for any
month not meeting the uptime SLA.
Delivery Methods:
The self-service concept is enhanced by a secure REST API which
enables straightforward integration to cloud, intranet and other  SaaS: Multi-Tenanted
microservices. The platform includes a Web Services component
allowing data to be selected and passed to external systems (for Office Locations and Phone:
example for custom reporting). Event driven Webhooks allow actions to  Warwick, UK
be run automatically when data is updated. Sample open source code
examples for both Web Services and Webhooks are available to clone
or fork on GitHub.
Extensibility is provided through the online store providing additional
plug-ins, components, modules, data services, and third-party services.
Built on reliable and scalable container infrastructure, TradeCube brings
all the benefits of a modern SaaS CTRM, at a fraction of the cost of a
legacy monolith system.
Sign up for a free 30 day no commitment trial at https://tradecube.io

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 2020 CTRM SourceBook

Vendor: CTRM Cubed Product Name: TradeCube Version: 2020

Functionality is deployed and in production Not Deployed, but system is System is not currently capable of Not Applicable - Functionality not
at a client site capable of providing functionality providing that functionality
- applicable for Commodity
ENERGIES AGS & SOFTS METALS EMISSIONS
Natural Crude Ediable Concen- North Other Frieght
Function / Feature Power Gas Crude Products NGL Coal LNG BioFuels Grains Oils Softs Base trates Precious America Europe Bulk Rates

Production Mgmt./Generation - - - -
Production / Operations

Volumetric Management - - - - -
Net Back Pricing - - - - - - - - - - - -
DOI/Owner Balancing - - - - - - - - - - - - - -
Gas Gathering - - - - - - - - - - - - - - - - -
Gas Processing - - - - - - - - - - - - - - - -
Retail Ops. / Rack Mktg. - - - - - - - - - - - - - - -
Quality / Sampling - - - - -
Contract Management
Deal Origination
Credit Tracking
Curve Management
Portfolio Optimization
Supply-Demand Optimization
Pre-Deal Analytics "what if"
Trade Capture
Front Office / Trading

Physical
Financial
Exchange
Deal Types
Spot & Forwards
Futures
Swaps
Options
Swaptions
Transportation
Storage/Inventory - -
Complex Pricing
Position Management
Physical
Financial
Credit Risk
Hedge Effectiveness
Risk Management and Analysis

Analytics
Mark-to-Market
VaR - Monte Carlo
VaR - Other
Greeks
PaR/EaR
CVaR
Portfolio Sensitivity Analysis
Stress Testing
Simulations
Fair Value Disclosure
Vessel Frieght Risk -
Insurance - -
Inventory Management
Scheduling and Logisitics
Power Transmission - - - - - - - - - - - - - - - - -
North America - - - - - - - - - - - - - - - - -
Middle Office

Europe - - - - - - - - - - - - - - - - -
Pipeline - - - - - - - - - - - - - -
Barge - - - - -
Rail - - - - -
Truck - - - - -
Vessel - - - - -
Supply Chain Mgmt./Traceability - - - -
Regulatory Reporting
Settlement
Back Office

Actualization
Invoicing
Settlements/Reconciliation
Taxation
AR/AP/Ledger (Gen. or Sub)
Currency Conversion
Unit Conversion
Document Management
System Wide

Workflow Management
Reporting / Business Intelligence
Canned Reports
Ad hoc Reporting
Executive Dashboard
BI tools

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CubeLogic
1200 Smith Street
Suite 1600
Houston, TX 77002 Product:
Phone: 832-498-6374 RiskCubed
www.cubelogic.com

CubeLogic provides SaaS and on-premise, BI-enabled risk Number of Licensed Client Companies: 41
management and compliance solutions for the Energy, Representative Clients: Suncor Energy; Greensill Capital;
Commodities, and Financial Services sectors. Exelon/Constellation; Direct Energy; Flow Traders; Chevron

The CubeLogic product range uses advanced Business

Intelligence (BI) technologies on a Microsoft platform to address
the needs of Risk Managers and Compliance Officers in the
following categories:

• Credit Risk,
• Market Risk,
• Liquidity Risk, and
• Regulatory Risk.
Historically, Risk Managers had to rely on batch-based reporting
systems and Excel spreadsheets to perform their job.
CubeLogic has combined Cube (OLAP) technology, BI self-
service reporting tools, and advanced workflow capabilities to
deliver a unique value proposition to compliance and Risk
Managers

Features include:

• Automated on-boarding of new customers including KYC

and financial checks
• Automated limit setting and monitoring
• Full collateral management and settlement capabilities
• Real-time monitoring of Credit Risk, Market Risk and
Liquidity
• Compliance with various Trade Surveillance regulatory
Delivery Methods:
monitoring and reporting needs
 Traditional License
• Natural Language-based analysis of social media  SaaS: Single Tenant
sentiment
• On-the-fly self-service reporting and analysis Office Locations and Phone:

• Advanced analytics  London, UK +44 (0) 2038701495

 Berlin, Germany +49 30 772 20 700
 Bangalore, India +91 (0) 80 48530829
 Singapore +65 6809 5034

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 2020 CTRM SourceBook

Vendor: CubeLogic Product Name: RiskCubed Version: 7.2

Functionality is deployed and in production Not Deployed, but system is System is not currently capable of Not Applicable - Functionality not
at a client site capable of providing functionality providing that functionality
- applicable for Commodity
ENERGIES AGS & SOFTS METALS EMISSIONS
Natural Crude Ediable Concen- North Other Frieght
Function / Feature Power Gas Crude Products NGL Coal LNG BioFuels Grains Oils Softs Base trates Precious America Europe Bulk Rates

Production Mgmt./Generation - - - -
Production / Operations

Volumetric Management - - - - -
Net Back Pricing - - - - - - - - - - - -
DOI/Owner Balancing - - - - - - - - - - - - - -
Gas Gathering - - - - - - - - - - - - - - - - -
Gas Processing - - - - - - - - - - - - - - - -
Retail Ops. / Rack Mktg. - - - - - - - - - - - - - - -
Quality / Sampling - - - - -
Contract Management
Deal Origination
Credit Tracking
Curve Management
Portfolio Optimization
Supply-Demand Optimization
Pre-Deal Analytics "what if"
Trade Capture
Front Office / Trading

Physical
Financial
Exchange
Deal Types
Spot & Forwards
Futures
Swaps
Options
Swaptions
Transportation
Storage/Inventory - -
Complex Pricing
Position Management
Physical
Financial
Credit Risk
Hedge Effectiveness
Risk Management and Analysis

Analytics
Mark-to-Market
VaR - Monte Carlo
VaR - Other
Greeks
PaR/EaR
CVaR
Portfolio Sensitivity Analysis
Stress Testing
Simulations
Fair Value Disclosure
Vessel Frieght Risk -
Insurance - -
Inventory Management
Scheduling and Logisitics
Power Transmission - - - - - - - - - - - - - - - - -
North America - - - - - - - - - - - - - - - - -
Middle Office

Europe - - - - - - - - - - - - - - - - -
Pipeline - - - - - - - - - - - - - -
Barge - - - - -
Rail - - - - -
Truck - - - - -
Vessel - - - - -
Supply Chain Mgmt./Traceability - - - -
Regulatory Reporting
Settlement
Back Office

Actualization
Invoicing
Settlements/Reconciliation
Taxation
AR/AP/Ledger (Gen. or Sub)
Currency Conversion
Unit Conversion
Document Management
System Wide

Workflow Management
Reporting / Business Intelligence
Canned Reports
Ad hoc Reporting
Executive Dashboard
BI tools

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EGSSIS – Butlers & Whizzkids

Korte Keppestraat 7
Bus 32a
9320 Erembodegem, Belgium
Product:
Phone: 0032 24 56 17 10 egssPort Gas & Power
www.egssis.com

EGSSIS NV is a Belgian service provider in the gas and power Number of Licensed Client Companies: 50
markets. Since 2008 they offer SaaS solutions for market Representative Clients: Orsted; Alpherg; Enovos; Gasum;
access & communications, gas and power operations, PST – PGNiG Supply & Trading; Innogy
complemented by a dedicated 24/7 dispatching desk.
EGSSIS relies on 20+ years of operational expertise across
the industry to bring its customers Peace of Mind.
Many companies in the market face a make-or-buy decision,
with EGSSIS offering a future-proof software-as-a-service
alternative. Add the possibility of (partially) outsourced
operations and EGSSIS ensures that their customers can
focus on the core business of trading and/or shipping.
55+ companies already adopted EGSSIS' software solutions
across 18 countries for gas, and 7 for power. The software
modules are:
• Cosmos (https://www.egssis.com/software/cosmos/):
automated market communications across the gas and
power markets, with every counterpart and market
participant, in any format and protocol used
• egssPort Gas
(https://www.egssis.com/software/egssport-gas/): Gas
balancing and nomination software
• egssPort Power
(https://www.egssis.com/software/egssport-power/):
Power scheduling software
• EGSSIS Invoic & EGSSIS Switching: custom built for
some customers to do invoicing and switching of gas
customers (at the moment used only in Belgium and
Netherlands)

The technology powering EGSSIS’ platform is based on a

modern and open IT infrastructure, allowing for
interconnectivity via APIs and webhooks with various Delivery Methods:
solutions such as: ETRM, back-office, optimization &
forecasting tools, TSO/SSO platforms, etc.  Hosted in Private Cloud

Most companies also use EGSSIS’ dispatching services,

either 24/7, out-of-hours, or custom timing. The dispatching Office Locations and Phone:
desk is staffed with 2 people per shift, who work relentlessly
 Paris, France 0033 186 26 73 12
to execute the tasks defined by the customers’ scope and
 Kassel, Germany 0049 561 94 039 006
merit orders.
EGSSIS keeps it simple: they want to serve you with solutions
that will keep your business running any time of day or night.
Their butlers & whizzkids are available 24/7 to help you across
any bump in the road.
EGSSIS looks forward to helping your business thrive in the
European energy markets.

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Vendor: EGSSIS - Butlers & Whizzkids Product Name: egssPort Gas & Power Version: 4.9.1
Functionality is deployed and in production Not Deployed, but system is System is not currently capable of Not Applicable - Functionality not
at a client site capable of providing functionality providing that functionality
- applicable for Commodity
ENERGIES AGS & SOFTS METALS EMISSIONS
Natural Crude Ediable Concen- North Other Frieght
Function / Feature Power Gas Crude Products NGL Coal LNG BioFuels Grains Oils Softs Base trates Precious America Europe Bulk Rates

Production Mgmt./Generation - - - -
Production / Operations

Volumetric Management - - - - -
Net Back Pricing - - - - - - - - - - - -
DOI/Owner Balancing - - - - - - - - - - - - - -
Gas Gathering - - - - - - - - - - - - - - - - -
Gas Processing - - - - - - - - - - - - - - - -
Retail Ops. / Rack Mktg. - - - - - - - - - - - - - - -
Quality / Sampling - - - - -
Contract Management
Deal Origination
Credit Tracking
Curve Management
Portfolio Optimization
Supply-Demand Optimization
Pre-Deal Analytics "what if"
Trade Capture
Front Office / Trading

Physical
Financial
Exchange
Deal Types
Spot & Forwards
Futures
Swaps
Options
Swaptions
Transportation
Storage/Inventory - -
Complex Pricing
Position Management
Physical
Financial
Credit Risk
Hedge Effectiveness
Risk Management and Analysis

Analytics
Mark-to-Market
VaR - Monte Carlo
VaR - Other
Greeks
PaR/EaR
CVaR
Portfolio Sensitivity Analysis
Stress Testing
Simulations
Fair Value Disclosure
Vessel Frieght Risk -
Insurance - -
Inventory Management
Scheduling and Logisitics
Power Transmission - - - - - - - - - - - - - - - - -
North America - - - - - - - - - - - - - - - - -
Middle Office

Europe - - - - - - - - - - - - - - - - -
Pipeline - - - - - - - - - - - - - -
Barge - - - - -
Rail - - - - -
Truck - - - - -
Vessel - - - - -
Supply Chain Mgmt./Traceability - - - -
Regulatory Reporting
Settlement
Back Office

Actualization
Invoicing
Settlements/Reconciliation
Taxation
AR/AP/Ledger (Gen. or Sub)
Currency Conversion
Unit Conversion
Document Management
System Wide

Workflow Management
Reporting / Business Intelligence
Canned Reports
Ad hoc Reporting
Executive Dashboard
BI tools

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Eka Software
101 Merritt 7
Suite 300
Norwalk, CT 06810
Product:
Phone: 203 810 4250 Eka CTRM
www.ekaplus.com

With its visionary approach to the challenges faced by Number of Licensed Client Companies: 105
commodity businesses, Eka Software Solutions is now the Representative Clients: Cargill; Rio Tinto; Enmax;
world leader in cloud platform solutions for commodity Renewable Energy Group; Foremost Farms
management. The company’s forward-thinking approach has
been proven to help companies efficiently and profitably meet
the challenges of complex and volatile markets with faster,
data-powered decision making and highly capable risk
management.

Driven by Cloud, Blockchain, Artificial Intelligence, Machine

Learning and advanced Analytics, Eka provides the only
multi-asset, cloud-native Platform that is driven by new-age
architecture. The Platform hosts 50+ powerful and scalable
apps for trading, risk, supply chain and financial management
that serve entire value chains for agriculture, energy, metals
and mining, CPG, manufacturing and financial markets. Over
20 advanced analytical algorithms ensure customers are
empowered with prescriptive, descriptive and predictive
analytics to help them make smarter, more timely decisions.

Eka’s Business Collaboration application digitally connects

production, supply chain and customers, uniting people,
information, applications, and processes across the extended
commodity value chain. Commodity trading companies can
quickly and easily onboard new trading partners, negotiate
prices and sign contracts digitally and in real time.

Eka’s cloud platform is a unique solution that frees commodity

Delivery Methods:
businesses to be more dynamic and efficient. It provides them
 SaaS: Multi-Tenanted
with the flexibility to meet specific business needs and adapt  Hosted in Private Cloud
to new challenges as they arise. The cloud platform is  Hosted in Public Cloud
designed to maximize return on investment, as customers can
select only the applications required for their specific business Office Locations and Phone:
needs. The implementation time also sets new benchmarks in  Calgary, Canada 403 237 7740
the industry – taking just weeks instead of months or years to  Bangalore, India 91 80 4081 9200
 Richmond, UK 44 1372 824776
be fully operational. Furthermore, Eka’s platform can be easily
 Singapore 65 9069 1552
expanded with additional applications as required, meaning it  Adelaide, Australia 618 8444 5900
can grow with the business and always be in line with
changing strategies or new innovations.

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Vendor: Eka Software Product Name: Eka CTRM Version: 10

Functionality is deployed and in production Not Deployed, but system is System is not currently capable of Not Applicable - Functionality not
at a client site capable of providing functionality providing that functionality
- applicable for Commodity
ENERGIES AGS & SOFTS METALS EMISSIONS
Natural Crude Ediable Concen- North Other Frieght
Function / Feature Power Gas Crude Products NGL Coal LNG BioFuels Grains Oils Softs Base trates Precious America Europe Bulk Rates

Production Mgmt./Generation - - - -
Production / Operations

Volumetric Management - - - - -
Net Back Pricing - - - - - - - - - - - -
DOI/Owner Balancing - - - - - - - - - - - - - -
Gas Gathering - - - - - - - - - - - - - - - - -
Gas Processing - - - - - - - - - - - - - - - -
Retail Ops. / Rack Mktg. - - - - - - - - - - - - - - -
Quality / Sampling - - - - -
Contract Management
Deal Origination
Credit Tracking
Curve Management
Portfolio Optimization
Supply-Demand Optimization
Pre-Deal Analytics "what if"
Trade Capture
Front Office / Trading

Physical
Financial
Exchange
Deal Types
Spot & Forwards
Futures
Swaps
Options
Swaptions
Transportation
Storage/Inventory - -
Complex Pricing
Position Management
Physical
Financial
Credit Risk
Hedge Effectiveness
Risk Management and Analysis

Analytics
Mark-to-Market
VaR - Monte Carlo
VaR - Other
Greeks
PaR/EaR
CVaR
Portfolio Sensitivity Analysis
Stress Testing
Simulations
Fair Value Disclosure
Vessel Frieght Risk -
Insurance - -
Inventory Management
Scheduling and Logisitics
Power Transmission - - - - - - - - - - - - - - - - -
North America - - - - - - - - - - - - - - - - -
Middle Office

Europe - - - - - - - - - - - - - - - - -
Pipeline - - - - - - - - - - - - - -
Barge - - - - -
Rail - - - - -
Truck - - - - -
Vessel - - - - -
Supply Chain Mgmt./Traceability - - - -
Regulatory Reporting
Settlement
Back Office

Actualization
Invoicing
Settlements/Reconciliation
Taxation
AR/AP/Ledger (Gen. or Sub)
Currency Conversion
Unit Conversion
Document Management
System Wide

Workflow Management
Reporting / Business Intelligence
Canned Reports
Ad hoc Reporting
Executive Dashboard
BI tools

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Energy One Limited

L13, 77 Pacific Highway Product:
North Sydney
NSW 2060 Australia Energy One
Phone: 61 2 8916 2200 Wholesale Suite
www.energyone.com

Energy One Limited is a supplier of software products and Number of Licensed Client Companies: 70
services to wholesale energy, environmental and carbon Representative Clients: AGL; EnergyAustralia; Alinta
trading markets.

Listed on the Australian Stock Exchange since 2007, but with

more than 15 years of market experience, the Energy One
Group of Companies has a track record of providing practical
solutions to Australasian and European companies operating
in the wholesale energy marketplace.

The Australasian business (trading as Energy One Limited)

provides a product suite and services for the trading and
facilitation of wholesale energy (such as gas and electricity),
energy commodities and energy derivatives. This includes
functionality for market analytics, the capture and settlement
contracts for hedging, trading and risk management purposes
as well as a large array of wholesale operations needs such
as scheduling, balancing, trading and nominations of
electricity (power), gas, pipeline logistics and environmental
compliance management.

The Company's suite of solutions is made available via SaaS

and private cloud and the technology is utilsied tpo trade
approximately 50% of Australia's national energy market by
energy generators, retailers, producers, shippers, large scale
users and traders to manage their entire wholesale trading
portfolio, across multiple markets and geographies.
Delivery Methods:
The Energy One group also incorporates Contigo Software  SaaS: Multi-Tenanted
Limited; a leading, UK-based ETRM (energy trading and risk  Hosted in Private Cloud
management) software provider to UK and EU energy  On-premises

companies. In 2020 the Group was joined by eZ-nergy, a

leading supplier of trading and scheduling capability to the Office Locations and Phone:

European market.  Melbourne, Australia 61 2 8916 2200

 Adelaide, Australia 61 2 8916 2200
The Energy One Group now has more than 200+ customer  Brisbane, Australia 61 2 8916 2200
installations in 15 countries and is a leading independent
global supplier of wholesale energy trading software
solutions.

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Vendor: Energy One Limited Product Name: Energy One Wholesale Suite Version: 0
Functionality is deployed and in production Not Deployed, but system is System is not currently capable of Not Applicable - Functionality not
at a client site capable of providing functionality providing that functionality
- applicable for Commodity
ENERGIES AGS & SOFTS METALS EMISSIONS
Natural Crude Ediable Concen- North Other Frieght
Function / Feature Power Gas Crude Products NGL Coal LNG BioFuels Grains Oils Softs Base trates Precious America Europe Bulk Rates
Production Mgmt./Generation - - - -
Production / Operations

Volumetric Management - - - - -
Net Back Pricing - - - - - - - - - - - -
DOI/Owner Balancing - - - - - - - - - - - - - -
Gas Gathering - - - - - - - - - - - - - - - - -
Gas Processing - - - - - - - - - - - - - - - -
Retail Ops. / Rack Mktg. - - - - - - - - - - - - - - -
Quality / Sampling - - - - -
Contract Management
Deal Origination
Credit Tracking
Curve Management
Portfolio Optimization
Supply-Demand Optimization
Pre-Deal Analytics "what if"
Trade Capture
Front Office / Trading

Physical
Financial
Exchange
Deal Types
Spot & Forwards
Futures
Swaps
Options
Swaptions
Transportation
Storage/Inventory - -
Complex Pricing
Position Management
Physical
Financial
Credit Risk
Hedge Effectiveness
Risk Management and Analysis

Analytics
Mark-to-Market
VaR - Monte Carlo
VaR - Other
Greeks
PaR/EaR
CVaR
Portfolio Sensitivity Analysis
Stress Testing
Simulations
Fair Value Disclosure
Vessel Frieght Risk -
Insurance - -
Inventory Management
Scheduling and Logisitics
Power Transmission - - - - - - - - - - - - - - - - -
North America - - - - - - - - - - - - - - - - -
Middle Office

Europe - - - - - - - - - - - - - - - - -
Pipeline - - - - - - - - - - - - - -
Barge - - - - -
Rail - - - - -
Truck - - - - -
Vessel - - - - -
Supply Chain Mgmt./Traceability - - - -
Regulatory Reporting
Settlement
Back Office

Actualization
Invoicing
Settlements/Reconciliation
Taxation
AR/AP/Ledger (Gen. or Sub)
Currency Conversion
Unit Conversion
Document Management
System Wide

Workflow Management
Reporting / Business Intelligence
Canned Reports
Ad hoc Reporting
Executive Dashboard
BI tools

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Enuit LLC.
1001 Texas Avenue
Suite 800
Houston, TX 77002 USA
Product:
Phone: 281 456 3690 Entrade®
www.enuit.com

In 2019 ENUIT® was selected as the CTRM vendor of choice for a multi- Number of Licensed Client Companies: 33
national, cross commodities trading company. During the planning and
implementation phase the client commissioned ENUIT® to build into the Representative Clients: Mitsubishi; Mitsui; CNOOC; UET;
core ENTRADE® system the functionality to support their entire Texla; Biourja
business from Front to Back including all aspects related to their
Enterprise Resource Planning.
This led to the creation of ENTRADE® Unite, one of the few solutions to
incorporate all the aspects of a Commodity Trading Risk Management
system and all the aspects of an Enterprise Resource Planning solution
directly in its core, in a single platform without cumbersome modules to
enable integration and mapping from one system to another.
ENTRADE® Unite has the potential to deliver significant benefits in the
form of enhanced visibility, analysis, insights, and decision making for
any market participant.
What are the main benefits to users of ENTRADE® Unite?
ENTRADE® CTRM, has already been widely accepted as a leading
solution in this space, specifically because it is one of the few systems
that has the proven ability to support every commodity, every feature,
and every user in one place on one platform.
For the Front office, Deal and trade types can be quickly configured to
handle complicated commodity trading transactions whilst automatically
decomposing risk according to each deal type’s risk profile. Each
transaction type is automatically integrated into every part of
ENTRADE® – no coding required. Transactions can be immediately
valued, settled, scheduled, invoiced, confirmed, taxed, hedged and
analyzed.
For the Middle Office, ENTRADE® makes it possible to track everything
from inventory volumes, aggregation of costs, value at risk, ancillary
costs, the quality of product, and then tie that data to respective
counterparties, contracts, and portfolios.
And for the Back Office, ENTRADE® generates invoices and remittance
statements including all associated fees and costs. It stores general
ledger codes and can generate and post journal entries directly to your
General Ledger system.
ENTRADE® Unite creates an integrated solution that can support the
supply chain needs of trading organizations, giving companies the
opportunity to integrate trading and risk data with supply chain functions.
Functions include:
Capturing and recording deals; Scheduling physical commodity Delivery Methods:
movements; Tracking primary and secondary costs; Monitoring
inventory levels and costs; Actualizing deal volumes; Valuating deals;  Traditional License
Calculating settlement amounts; Generating invoices; Monitoring  SaaS: Multi-Tenanted
business and market risks; Processing management and Providing  Hosted in Private Cloud
useful reports and a data warehouse for all aspects of the business  Hosted in Public Cloud
With unparalleled reporting capabilities including:
Volumetric positions; PNL attribution; Inventories; Storage, in-transit,
Office Locations and Phone:
exchanges, processing; estimated and actual volumes and costs;
Movement documents; Deal confirmation letters and Contracts;  London, UK +44 (0) 7870 264 876
Payables and receivables; Market risk exposure; Mark-to-Market  Beijing, China +86 189 1020 3018
calculations; Option pricing model ‘Greeks’ and Value at Risk
 Singapore +65 6970 9635
ENTRADE® Unite gives complete end-to-end visibility of the entire  Tokyo, Japan +81 3 5533 8682
value chain:
• Transparency of inventories and their associated costs, market risks
and opportunities created by an organization’s network of assets
• The ability to drill into data from enterprise commodity transactions,
enabling high-quality in-depth analysis and insights
• A unified data source uniting data traditionally found in CTRM
systems with data commonly found in ERP solutions.

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Vendor: ENUIT LLC Product Name: ENTRADE® Version: 6

Functionality is deployed and in production Not Deployed, but system is System is not currently capable of Not Applicable - Functionality not
at a client site capable of providing functionality providing that functionality
- applicable for Commodity
ENERGIES AGS & SOFTS METALS EMISSIONS
Natural Crude Ediable Concen- North Other Frieght
Function / Feature Power Gas Crude Products NGL Coal LNG BioFuels Grains Oils Softs Base trates Precious America Europe Bulk Rates
Production Mgmt./Generation - - - -
Production / Operations

Volumetric Management - - - - -
Net Back Pricing - - - - - - - - - - - -
DOI/Owner Balancing - - - - - - - - - - - - - -
Gas Gathering - - - - - - - - - - - - - - - - -
Gas Processing - - - - - - - - - - - - - - - -
Retail Ops. / Rack Mktg. - - - - - - - - - - - - - - -
Quality / Sampling - - - - -
Contract Management
Deal Origination
Credit Tracking
Curve Management
Portfolio Optimization
Supply-Demand Optimization
Pre-Deal Analytics "what if"
Trade Capture
Front Office / Trading

Physical
Financial
Exchange
Deal Types
Spot & Forwards
Futures
Swaps
Options
Swaptions
Transportation
Storage/Inventory - -
Complex Pricing
Position Management
Physical
Financial
Credit Risk
Hedge Effectiveness
Risk Management and Analysis

Analytics
Mark-to-Market
VaR - Monte Carlo
VaR - Other
Greeks
PaR/EaR
CVaR
Portfolio Sensitivity Analysis
Stress Testing
Simulations
Fair Value Disclosure
Vessel Frieght Risk -
Insurance - -
Inventory Management
Scheduling and Logisitics
Power Transmission - - - - - - - - - - - - - - - - -
North America - - - - - - - - - - - - - - - - -
Middle Office

Europe - - - - - - - - - - - - - - - - -
Pipeline - - - - - - - - - - - - - -
Barge - - - - -
Rail - - - - -
Truck - - - - -
Vessel - - - - -
Supply Chain Mgmt./Traceability - - - -
Regulatory Reporting
Settlement
Back Office

Actualization
Invoicing
Settlements/Reconciliation
Taxation
AR/AP/Ledger (Gen. or Sub)
Currency Conversion
Unit Conversion
Document Management
System Wide

Workflow Management
Reporting / Business Intelligence
Canned Reports
Ad hoc Reporting
Executive Dashboard
BI tools

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Advertisement

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2020 CTRM SourceBook

eZ-nergy
24 rue de l’Est
75020 Paris
France Product:
Phone: 00331 84 17 85 49 eZ-Ops
www.ez-nergy.com

eZ-nergy offers solutions to make energy trading easy. Number of Licensed Client Companies: 40
European energy markets participants use eZ-Ops solution Representative Clients: Total Gas & Power; MFT Energy;
and our 24/7 service layer to handle fully automated day- Enercity AG; Statkraft Energy Markets; In Commodities; ENI
ahead and intraday operations. eZ-nergy is now part of Gas & Power

Energy One Ltd group with its sister company Contigo

Software.

eZ-Ops

eZ-Ops is a web solution offered as a service (SAAS). No

hardware required.

Key functionalities are:

• physical position management

• nomination and scheduling for power and gas European
operators (TSOs, VTPs, SSOs)
• day-ahead automated trading (EPEXSpot, NordPool)
• algorithmic intraday trading (EPEXSpot, NordPool)
• power production assets scheduling
• REMIT reporting (via eZ-nergy RRM entity)

Hosting and maintenance are provided by eZ-nergy. Every

modification implemented by operators (TSOs, VTPs, SSOs,
Exchanges) are handled by eZ-nergy. Market participants
focus on their strategy, not on the communications or IT tools.

eZ-nergy also offers a full REST API that enables

straightforward and full integration of position management,
nomination and scheduling, automated and algorithmic
trading with any third-party tools.
Delivery Methods:
eZ-Ops offers high availability, redundant and secured
infrastructure  SaaS: Multi-Tenanted

24/7 energy trading service

Office Locations and Phone:
As additional service, eZ-nergy trading and scheduling team
 Paris, France 00331 84 17 85 49
acts 24/7 on behalf of customers as a neutral and
independent entity. Operation periods are flexible (214/7, out
of office hours, weekends…). eZ-nergy team balances
portfolios on energy markets (OTC, exchanges), handles
nomination and matching processes and dispatches power
production and demand responses assets on behalf of
customers.

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Vendor: eZ-nergy Product Name: eZ-Ops Version: 2

Functionality is deployed and in production Not Deployed, but system is System is not currently capable of Not Applicable - Functionality not
at a client site capable of providing functionality providing that functionality
- applicable for Commodity
ENERGIES AGS & SOFTS METALS EMISSIONS
Natural Crude Ediable Concen- North Other Frieght
Function / Feature Power Gas Crude Products NGL Coal LNG BioFuels Grains Oils Softs Base trates Precious America Europe Bulk Rates

Production Mgmt./Generation - - - -
Production / Operations

Volumetric Management - - - - -
Net Back Pricing - - - - - - - - - - - -
DOI/Owner Balancing - - - - - - - - - - - - - -
Gas Gathering - - - - - - - - - - - - - - - - -
Gas Processing - - - - - - - - - - - - - - - -
Retail Ops. / Rack Mktg. - - - - - - - - - - - - - - -
Quality / Sampling - - - - -
Contract Management
Deal Origination
Credit Tracking
Curve Management
Portfolio Optimization
Supply-Demand Optimization
Pre-Deal Analytics "what if"
Trade Capture
Front Office / Trading

Physical
Financial
Exchange
Deal Types
Spot & Forwards
Futures
Swaps
Options
Swaptions
Transportation
Storage/Inventory - -
Complex Pricing
Position Management
Physical
Financial
Credit Risk
Hedge Effectiveness
Risk Management and Analysis

Analytics
Mark-to-Market
VaR - Monte Carlo
VaR - Other
Greeks
PaR/EaR
CVaR
Portfolio Sensitivity Analysis
Stress Testing
Simulations
Fair Value Disclosure
Vessel Frieght Risk -
Insurance - -
Inventory Management
Scheduling and Logisitics
Power Transmission - - - - - - - - - - - - - - - - -
North America - - - - - - - - - - - - - - - - -
Middle Office

Europe - - - - - - - - - - - - - - - - -
Pipeline - - - - - - - - - - - - - -
Barge - - - - -
Rail - - - - -
Truck - - - - -
Vessel - - - - -
Supply Chain Mgmt./Traceability - - - -
Regulatory Reporting
Settlement
Back Office

Actualization
Invoicing
Settlements/Reconciliation
Taxation
AR/AP/Ledger (Gen. or Sub)
Currency Conversion
Unit Conversion
Document Management
System Wide

Workflow Management
Reporting / Business Intelligence
Canned Reports
Ad hoc Reporting
Executive Dashboard
BI tools

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Fendahl
Fendahl International DWC LLC
Dubai World Center Product:
Dubai, UAE
Phone: +44 (0) 203 503 0580 Fusion CTRM
www.Fendahl.com

Fendahl is a specialist provider CTRM (commodity trading & risk Number of Licensed Client Companies: 43
management) software solutions to commodity trading Representative Clients: Seaboard Corporation; IKON
organizations. A rapidly growing global software company we Petroleum; Bluequest Resources; South 32; BW LPG; Largo
Resources
have a dedicated team of over 130 staff with offices in the
Americas, Asia, and EMEA, serving an ever-growing global
client base across multiple commodity segments. Fendahl
offices are located in the London, UK; Houston, USA; Dubai,
UAE and Nagpur, India.
Fendahl’s Fusion CTRM solution is leading the next generation
of CTRM solutions, setting new standards for; ease of use,
flexible functionality, end user performance, scalability,
reliability, and provides the lowest cost of ownership in the
industry.
The Fusion solution is designed to be an enterprise solution
covering needs of front, middle, and back office. Fusion
supports the entire lifecycle of a financial or physical commodity
transaction, from deal execution through to cash settlement.
Fusion is the only CTRM solution that delivers; CTRM
functionality, market data management, and advanced business
intelligence functionality within a single integrated modular
software platform. Fusion’s advanced workflow manager,
document controller, risk management tools, credit controller
and reporting tools all combine to allow you to automate more
business processes, keep an eye on secondary costs, see P&L
in real time and much more.
Fendahl offers customers flexible deployment and licencing
options. Fusion CTRM can be deployed on the cloud, as a
hosted solution or as a traditional in house solution. Fusion’s Delivery Methods:
flexible design and modern build techniques allows for rapid
 Traditional License
deployment and single roll-out upgrades. Fendahl offers two  SaaS: Multi-Tenanted
licencing models perpetual licencing and SaaS licencing  Hosted in Private Cloud
 Hosted in Public Cloud
depending on the customers requirements.
Our customers produce, refine, market, ship and trade globally.
Office Locations and Phone:
They rely on Fendahl’s expertise in these key physical and
 United Kingdom +44 (0) 203 503 0580
financial markets: Oil, Gas, Petrochemicals, Metals and Mining,  United States
Coal, Road & Marine Fuels, Biofuels, and Agriculture/Softs..  Dubai, Headquarters

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Vendor: Fendahl Product Name: Fusion CTRM Version: N/A

Functionality is deployed and in production Not Deployed, but system is System is not currently capable of Not Applicable - Functionality not
at a client site capable of providing functionality providing that functionality
- applicable for Commodity
ENERGIES AGS & SOFTS METALS EMISSIONS
Natural Crude Ediable Concen- North Other Frieght
Function / Feature Power Gas Crude Products NGL Coal LNG BioFuels Grains Oils Softs Base trates Precious America Europe Bulk Rates
Production Mgmt./Generation - - - -
Production / Operations

Volumetric Management - - - - -
Net Back Pricing - - - - - - - - - - - -
DOI/Owner Balancing - - - - - - - - - - - - - -
Gas Gathering - - - - - - - - - - - - - - - - -
Gas Processing - - - - - - - - - - - - - - - -
Retail Ops. / Rack Mktg. - - - - - - - - - - - - - - -
Quality / Sampling - - - - -
Contract Management
Deal Origination
Credit Tracking
Curve Management
Portfolio Optimization
Supply-Demand Optimization
Pre-Deal Analytics "what if"
Trade Capture
Front Office / Trading

Physical
Financial
Exchange
Deal Types
Spot & Forwards
Futures
Swaps
Options
Swaptions
Transportation
Storage/Inventory - -
Complex Pricing
Position Management
Physical
Financial
Credit Risk
Hedge Effectiveness
Risk Management and Analysis

Analytics
Mark-to-Market
VaR - Monte Carlo
VaR - Other
Greeks
PaR/EaR
CVaR
Portfolio Sensitivity Analysis
Stress Testing
Simulations
Fair Value Disclosure
Vessel Frieght Risk -
Insurance - -
Inventory Management
Scheduling and Logisitics
Power Transmission - - - - - - - - - - - - - - - - -
North America - - - - - - - - - - - - - - - - -
Middle Office

Europe - - - - - - - - - - - - - - - - -
Pipeline - - - - - - - - - - - - - -
Barge - - - - -
Rail - - - - -
Truck - - - - -
Vessel - - - - -
Supply Chain Mgmt./Traceability - - - -
Regulatory Reporting
Settlement
Back Office

Actualization
Invoicing
Settlements/Reconciliation
Taxation
AR/AP/Ledger (Gen. or Sub)
Currency Conversion
Unit Conversion
Document Management
System Wide

Workflow Management
Reporting / Business Intelligence
Canned Reports
Ad hoc Reporting
Executive Dashboard
BI tools

Copyright 2020 Commodity Technology Advisory llc 53 | P a g e

2020 CTRM SourceBook

Advertisement

Copyright 2020 Commodity Technology Advisory llc 54 | P a g e

2020 CTRM SourceBook

FIS - Aligne
Headquarters -
Jacksonville, Florida
USA
Product:
Phone: 1 877 776 3706 Aligne
www.fisglobal.com

FIS is a global leader in technology, solutions and services for merchants, Number of Licensed Client Companies: 75
banks and capital markets that helps businesses and communities thrive
Representative Clients: Avangrid Renewables; Eneco;
by advancing commerce and the financial world. For over 50 years, FIS
has continued to drive growth for clients around the world by creating EDF, UK; EDF Lumius; MVV
tomorrow’s technology, solutions and services to modernize today’s
businesses and customer experiences. By connecting merchants, banks
and capital markets, energy and commodity markets we use our scale,
apply our deep expertise and data-driven insights, innovate with purpose
to solve for our clients’ future, and deliver experiences that are more
simple, seamless and secure to advance the way the world pays, banks,
trade and invests.

Key areas of growth include digital, data analytics, and cybersecurity,

modernization, and innovation strategy.

FIS strategy is guided by modern design principles of client-centric,

platform-oriented, and continuous improvement drive the way we develop
solutions, enable, and deploy technology, and ultimately, support our
clients. Creating open APIs and component-based solutions allows FIS
to build capabilities once and leverage across many solutions – including
both FIS and third-party technology – which drives speed-to-market for
clients and allows them to take advantage of the most modern solutions
and tools at any time. FIS is focused on delivering cloud-native solutions,
that are secure, scalable, and available on-demand and driving rapid and
seamless integration across solutions, unifying user interfaces and client
experiences, deepening end-to-end processing and modernizing client
support.
FIS’ growth strategy for the Energy & Commodities solutions include 3
main parts. (I) Solution vs. product approach: FIS tailors solutions,
depending on the segment and the relevant business processes of the
client, with a set of best-in-class FIS products, (II) FIS is covering every
need around energy and commodities trading: we support an extended
deal lifecycle starting from market data and pre-trade analytics to the
entire trading value chain (front-to-back) up to the logistics management
for various commodities, as well as integrating and providing financial
systems such as treasury among others and (III) FIS provides offerings
tailored to client size, business model and organizational structure:
various licensing models (e.g. upfront, term, subscriber, SaaS) as well as
different deployment options (e.g. on-premise, public and private cloud). Delivery Methods:
We also offer BPO/BPaaS to optimize the TCO for our clients.
 Traditional License
Aligne is a highly configurable, flexible and modular multi-commodity  Hosted in Private Cloud
solution that integrates physical and financial trading, risk and operational
 Hosted in Public Cloud
control with credit, fuels procurement, power and gas logistics, emissions,
 Hybrid Cloud (Public cloud w/ FIS security & automation
back office, treasury and finance and advanced analytics. Aligne is the
layer)
flagship product for Energy businesses.
Key Features:
Office Locations and Phone:
• Enable trading for energy commodities, weather, emissions, heat,
 Houston TX, USA
freight, metals, FX and derivatives
• Meet current and future regulatory requirements, such as those  Pune, India
imposed by Dodd-Frank and related European* actions (requires an  Belgrade, Serbia
ad-on XDM module)  Frankfurt, Germany
• Perform straight-through processing from deal capture to risk  London, UK
management and back office
• Manage A/R, A/P and all economic aspects of a deal including
brokerage/third-party fees
• Support power, gas and coal logistics

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Vendor: FIS Product Name: Aligne Version: 2020.1

Functionality is deployed and in production Not Deployed, but system is System is not currently capable of Not Applicable - Functionality not
at a client site capable of providing functionality providing that functionality
- applicable for Commodity
ENERGIES AGS & SOFTS METALS EMISSIONS
Natural Crude Ediable Concen- North Other Frieght
Function / Feature Power Gas Crude Products NGL Coal LNG BioFuels Grains Oils Softs Base trates Precious America Europe Bulk Rates
Production Mgmt./Generation - - - -
Production / Operations

Volumetric Management - - - - -
Net Back Pricing - - - - - - - - - - - -
DOI/Owner Balancing - - - - - - - - - - - - - -
Gas Gathering - - - - - - - - - - - - - - - - -
Gas Processing - - - - - - - - - - - - - - - -
Retail Ops. / Rack Mktg. - - - - - - - - - - - - - - -
Quality / Sampling - - - - -
Contract Management
Deal Origination
Credit Tracking
Curve Management
Portfolio Optimization
Supply-Demand Optimization
Pre-Deal Analytics "what if"
Trade Capture
Front Office / Trading

Physical
Financial
Exchange
Deal Types
Spot & Forwards
Futures
Swaps
Options
Swaptions
Transportation
Storage/Inventory - -
Complex Pricing
Position Management
Physical
Financial
Credit Risk
Hedge Effectiveness
Risk Management and Analysis

Analytics
Mark-to-Market
VaR - Monte Carlo
VaR - Other
Greeks
PaR/EaR
CVaR
Portfolio Sensitivity Analysis
Stress Testing
Simulations
Fair Value Disclosure
Vessel Frieght Risk -
Insurance - -
Inventory Management
Scheduling and Logisitics
Power Transmission - - - - - - - - - - - - - - - - -
North America - - - - - - - - - - - - - - - - -
Middle Office

Europe - - - - - - - - - - - - - - - - -
Pipeline - - - - - - - - - - - - - -
Barge - - - - -
Rail - - - - -
Truck - - - - -
Vessel - - - - -
Supply Chain Mgmt./Traceability - - - -
Regulatory Reporting
Settlement
Back Office

Actualization
Invoicing
Settlements/Reconciliation
Taxation
AR/AP/Ledger (Gen. or Sub)
Currency Conversion
Unit Conversion
Document Management
System Wide

Workflow Management
Reporting / Business Intelligence
Canned Reports
Ad hoc Reporting
Executive Dashboard
BI tools

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2020 CTRM SourceBook

FIS - Kiodex
1 New York Plaza Product:
New York City, NY Kiodex Risk Workbench,
Phone: 1 646 445 1000 Kiodex Real Time
www.fisglobal.com

FIS is a global leader in technology, solutions and services for merchants, Number of Licensed Client Companies: 95
banks and capital markets that helps businesses and communities thrive
by advancing commerce and the financial world. For over 50 years, FIS Representative Clients: Information not provided
has continued to drive growth for clients around the world by creating
tomorrow’s technology, solutions and services to modernize today’s
businesses and customer experiences. By connecting merchants, banks
and capital markets, energy and commodity markets we use our scale,
apply our deep expertise and data-driven insights, innovate with purpose
to solve for our clients’ future, and deliver experiences that are more
simple, seamless and secure to advance the way the world pays, banks,
trade and invests.

Key areas of growth include digital, data analytics, and cybersecurity,

modernization, and innovation strategy.

FIS strategy is guided by modern design principles of client-centric,

platform-oriented, and continuous improvement drive the way we develop
solutions, enable, and deploy technology, and ultimately, support our
clients. Creating open APIs and component-based solutions allows FIS
to build capabilities once and leverage across many solutions – including
both FIS and third-party technology – which drives speed-to-market for
clients and allows them to take advantage of the most modern solutions
and tools at any time. FIS is focused on delivering cloud-native solutions,
that are secure, scalable, and available on-demand and driving rapid and
seamless integration across solutions, unifying user interfaces and client
experiences, deepening end-to-end processing and modernizing client
support.

FIS’ growth strategy for the Energy & Commodities solutions include 3
main parts. (I) Solution vs. product approach: FIS tailors solutions,
depending on the segment and the relevant business processes of the
client, with a set of best-in-class FIS products, (II) FIS is covering every
need around energy and commodities trading: we support an extended
deal lifecycle starting from market data and pre-trade analytics to the
entire trading value chain (front-to-back) up to the logistics management
for various commodities, as well as integrating and providing financial
systems such as treasury among others and (III) FIS provides offerings
Delivery Methods:
tailored to client size, business model and organizational structure:  SaaS: Multi-Tenanted
various licensing models (e.g. upfront, term, subscriber, SaaS) as well as
different deployment options (e.g. on-premise, public and private cloud).
Office Locations and Phone:
We also offer BPO/BPaaS to optimize the TCO for our clients.
 London, UK +44 (0) 208 081 2000
Kiodex is a multi-commodity, multi-currency trading, risk management
 Singapore +65 6308 8000
and compliance management system deployed as a multi-tenant, SaaS
depolyed solution. It is a complete solution that provides real time trade
 Houston, TX
capture; fully integrated market data; fully configurable suite of reports;
fully integrated, commodity specific pricing models; and fully integrated
hedge accounting functionality. In addition, the solution offers real time
position keeping, account valuation, P&L, and initial margin calculations,
and provides compliance based alerts on those metrics, such as
exchange or MIFID position limits. Institutions are using Kiodex in use
cases including, but not limited to: Tracking hedge coverage of forecast
consumption of physical raw materials, and hedge performance;
monitoring trading desk P&L, and counterparty credit exposure; and
ensuring firms remain compliant with commodity trading regulations.

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Vendor: FIS Product Name: Kiodex Risk Workbench, Kiodex Real Time Version: 2020 Q2-1
Functionality is deployed and in production Not Deployed, but system is System is not currently capable of Not Applicable - Functionality not
at a client site capable of providing functionality providing that functionality
- applicable for Commodity
ENERGIES AGS & SOFTS METALS EMISSIONS
Natural Crude Ediable Concen- North Other Frieght
Function / Feature Power Gas Crude Products NGL Coal LNG BioFuels Grains Oils Softs Base trates Precious America Europe Bulk Rates
Production Mgmt./Generation - - - -
Production / Operations

Volumetric Management - - - - -
Net Back Pricing - - - - - - - - - - - -
DOI/Owner Balancing - - - - - - - - - - - - - -
Gas Gathering - - - - - - - - - - - - - - - - -
Gas Processing - - - - - - - - - - - - - - - -
Retail Ops. / Rack Mktg. - - - - - - - - - - - - - - -
Quality / Sampling - - - - -
Contract Management
Deal Origination
Credit Tracking
Curve Management
Portfolio Optimization
Supply-Demand Optimization
Pre-Deal Analytics "what if"
Trade Capture
Front Office / Trading

Physical
Financial
Exchange
Deal Types
Spot & Forwards
Futures
Swaps
Options
Swaptions
Transportation
Storage/Inventory - -
Complex Pricing
Position Management
Physical
Financial
Credit Risk
Hedge Effectiveness
Risk Management and Analysis

Analytics
Mark-to-Market
VaR - Monte Carlo
VaR - Other
Greeks
PaR/EaR
CVaR
Portfolio Sensitivity Analysis
Stress Testing
Simulations
Fair Value Disclosure
Vessel Frieght Risk -
Insurance - -
Inventory Management
Scheduling and Logisitics
Power Transmission - - - - - - - - - - - - - - - - -
North America - - - - - - - - - - - - - - - - -
Middle Office

Europe - - - - - - - - - - - - - - - - -
Pipeline - - - - - - - - - - - - - -
Barge - - - - -
Rail - - - - -
Truck - - - - -
Vessel - - - - -
Supply Chain Mgmt./Traceability - - - -
Regulatory Reporting
Settlement
Back Office

Actualization
Invoicing
Settlements/Reconciliation
Taxation
AR/AP/Ledger (Gen. or Sub)
Currency Conversion
Unit Conversion
Document Management
System Wide

Workflow Management
Reporting / Business Intelligence
Canned Reports
Ad hoc Reporting
Executive Dashboard
BI tools

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2020 CTRM SourceBook

FIS - XDM
Headquarters -
Jacksonville, Florida
USA
Product:
Phone: 1 877 776 3706 XDM
www.fisglobal.com

FIS is a global leader in technology, solutions and services for merchants, Number of Licensed Client Companies: 13
banks and capital markets that helps businesses and communities thrive
Representative Clients: Gasterra; OpenEP; Tonik
by advancing commerce and the financial world. For over 50 years, FIS
has continued to drive growth for clients around the world by creating
tomorrow’s technology, solutions and services to modernize today’s
businesses and customer experiences. By connecting merchants, banks
and capital markets, energy and commodity markets we use our scale,
apply our deep expertise and data-driven insights, innovate with purpose
to solve for our clients’ future, and deliver experiences that are more
simple, seamless and secure to advance the way the world pays, banks,
trade and invests.
Key areas of growth include digital, data analytics, and cybersecurity,
modernization and innovation strategy.
FIS strategy is guided by modern design principles of client-centric,
platform-oriented, and continuous improvement drive the way we develop
solutions, enable, and deploy technology, and ultimately, support our
clients. Creating open APIs and component-based solutions allows FIS
to build capabilities once and leverage across many solutions – including
both FIS and third-party technology – which drives speed-to-market for
clients and allows them to take advantage of the most modern solutions
and tools at any time. FIS is focused on delivering cloud-native solutions,
that are secure, scalable, and available on-demand and driving rapid and
seamless integration across solutions, unifying user interfaces and client
experiences, deepening end-to-end processing and modernizing client
support.
FIS’ growth strategy for the Energy & Commodities solutions include 3
main parts. (I) Solution vs. product approach: FIS tailors solutions,
depending on the segment and the relevant business processes of the
client, with a set of best-in-class FIS products, (II) FIS is covering every
need around energy and commodities trading: we support an extended
deal lifecycle starting from market data and pre-trade analytics to the
entire trading value chain (front-to-back) up to the logistics management
for various commodities, as well as integrating and providing financial
systems such as treasury among others and (III) FIS provides offerings
tailored to client size, business model and organizational structure:
various licensing models (e.g. upfront, term, subscriber, SaaS) as well as
different deployment options (e.g. on-premise, public and private cloud). Delivery Methods:
We also offer BPO/BPaaS to optimize the TCO for our clients.
 Traditional License
XDM - very flexible product for energy portfolio management for mid and
 SaaS: Multi-Tenanted
small companies with strong focus on physical portfolio management,
 Hosted in Private Cloud
optimization as well as scheduling of gas and power for European
 Hosted in Public Cloud
markets. XDM covers portfolio management for power, gas and
 Hybrid Cloud (Public cloud w/ FIS security & automation
emissions including scheduling for power and gas, while providing a
layer)
stand-alone compliance solution for EMIR and REMIT. XDM provides
stand alone or integrated modules for forecasting and optimization. Since
2020 FIS is offering a standardized version of XDM as SaaS, which is Office Locations and Phone:
multitenant cloud-based solution including basic functionalities with
possibilities to extend the scope.  Milan, Italy
Key Features:  Pune, India
 London, UK
• Gain insights and enhance portfolio analysis with technology that
centralizes weather, economics, calendar, and more with optimization,
balancing, and scheduling
• Customize and execute more meaningful planning strategies with
scenario-based analysis technology that leverages transactional data
such as contracts, allocations, transport capacities and price
quotations
• More easily execute complex price structuring policies and automate
the communication of the resulting prices to stakeholders.
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 2020 CTRM SourceBook

Vendor: FIS Product Name: XDM Version: 2020.1

Functionality is deployed and in production Not Deployed, but system is System is not currently capable of Not Applicable - Functionality not
at a client site capable of providing functionality providing that functionality
- applicable for Commodity
ENERGIES AGS & SOFTS METALS EMISSIONS
Natural Crude Ediable Concen- North Other Frieght
Function / Feature Power Gas Crude Products NGL Coal LNG BioFuels Grains Oils Softs Base trates Precious America Europe Bulk Rates
Production Mgmt./Generation - - - -
Production / Operations

Volumetric Management - - - - -
Net Back Pricing - - - - - - - - - - - -
DOI/Owner Balancing - - - - - - - - - - - - - -
Gas Gathering - - - - - - - - - - - - - - - - -
Gas Processing - - - - - - - - - - - - - - - -
Retail Ops. / Rack Mktg. - - - - - - - - - - - - - - -
Quality / Sampling - - - - -
Contract Management
Deal Origination
Credit Tracking
Curve Management
Portfolio Optimization
Supply-Demand Optimization
Pre-Deal Analytics "what if"
Trade Capture
Front Office / Trading

Physical
Financial
Exchange
Deal Types
Spot & Forwards
Futures
Swaps
Options
Swaptions
Transportation
Storage/Inventory - -
Complex Pricing
Position Management
Physical
Financial
Credit Risk
Hedge Effectiveness
Risk Management and Analysis

Analytics
Mark-to-Market
VaR - Monte Carlo
VaR - Other
Greeks
PaR/EaR
CVaR
Portfolio Sensitivity Analysis
Stress Testing
Simulations
Fair Value Disclosure
Vessel Frieght Risk -
Insurance - -
Inventory Management
Scheduling and Logisitics
Power Transmission - - - - - - - - - - - - - - - - -
North America - - - - - - - - - - - - - - - - -
Middle Office

Europe - - - - - - - - - - - - - - - - -
Pipeline - - - - - - - - - - - - - -
Barge - - - - -
Rail - - - - -
Truck - - - - -
Vessel - - - - -
Supply Chain Mgmt./Traceability - - - -
Regulatory Reporting
Settlement
Back Office

Actualization
Invoicing
Settlements/Reconciliation
Taxation
AR/AP/Ledger (Gen. or Sub)
Currency Conversion
Unit Conversion
Document Management
System Wide

Workflow Management
Reporting / Business Intelligence
Canned Reports
Ad hoc Reporting
Executive Dashboard
BI tools

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Gen10
11 Backford Road Product:
Irby
England CH61 2XH
Gen10
Phone: 44 151 709 0005 Commodity Manager
www.gen10.com

Gen10 enable their customers to manage their costs, drive Number of Licensed Client Companies: 14
value from their massive data flows and transform their
Representative Clients: RCMA; Halcyon Agri/Corrie
operations. They focus on making the day-to-day tasks of
MacColl; Concord Resources; Wurfbain; Centrotrade; Euro
commodity trading faster and simpler through automation and
Alloys
collaboration. Gen10 technology empowers clients to Work
Better Together, completing the feedback loop between
trading, operations, finance and risk to support smarter, safer
trading decisions.

Gen10 provide an open collaborative ecosystem of web and

mobile apps that bring together trading, operations, trade
finance, document management, insurance, governance,
sustainability and inspection services. The cloud apps provide
complete commodity management, with enhanced
operational risk controls and powerful workflow and pricing
engines that automate many of the manual, time-intensive
commodity processes. Workflows facilitate enhanced
collaboration whilst improving control and governance, driving
safe efficiencies and visibility across your business for
confident data-driven decision-making.

With their systematic approach, workflow and reporting

engines, implementations can take as little as 2 to 4 weeks
per business unit. This includes data migration, business
process mapping and integrations with ERP/accounting
software.

Gen10’s CTRM platform, Commodity.ManagerTM, includes

end–to-end transaction processing and analytics, covering
everything from fast trade capture, origination, PnL and
sample management through export, trading, import,
distribution, to final settlement and risk management. Web
services facilitate efficient integration with other systems such
as exchanges, finance, ERP and market data providers. Delivery Methods:
Gen10’s expertise is based on their team of ex-traders and  SaaS: Multi-Tenanted
commodity management technology experts who believe in  Hosted in Private Cloud
making innovative, high value and flexible commodity  Hybrid Cloud/On Premises
management solutions. The UK-based development and
support teams work in collaboration with clients to build up a
real understanding of the challenges they face, with direct Office Locations and Phone:
interactions between clients and developers.  London, UK 44 7735 79 882
Using an industry-leading ecosystem of apps, platforms and
APIs, Gen10 create technology that works with your
processes and integrates with your existing technology, for a
unique solution that does exactly what you need. Each app
can be implemented as a stand-alone solution to a specific
problem or as part of a comprehensive commodity
management solution.

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Vendor: Gen10 Product Name: Gen10 Commodity Manager Version: 5.03

Functionality is deployed and in production Not Deployed, but system is System is not currently capable of Not Applicable - Functionality not
at a client site capable of providing functionality providing that functionality
- applicable for Commodity
ENERGIES AGS & SOFTS METALS EMISSIONS
Natural Crude Ediable Concen- North Other Frieght
Function / Feature Power Gas Crude Products NGL Coal LNG BioFuels Grains Oils Softs Base trates Precious America Europe Bulk Rates
Production Mgmt./Generation - - - -
Production / Operations

Volumetric Management - - - - -
Net Back Pricing - - - - - - - - - - - -
DOI/Owner Balancing - - - - - - - - - - - - - -
Gas Gathering - - - - - - - - - - - - - - - - -
Gas Processing - - - - - - - - - - - - - - - -
Retail Ops. / Rack Mktg. - - - - - - - - - - - - - - -
Quality / Sampling - - - - -
Contract Management
Deal Origination
Credit Tracking
Curve Management
Portfolio Optimization
Supply-Demand Optimization
Pre-Deal Analytics "what if"
Trade Capture
Front Office / Trading

Physical
Financial
Exchange
Deal Types
Spot & Forwards
Futures
Swaps
Options
Swaptions
Transportation
Storage/Inventory - -
Complex Pricing
Position Management
Physical
Financial
Credit Risk
Hedge Effectiveness
Risk Management and Analysis

Analytics
Mark-to-Market
VaR - Monte Carlo
VaR - Other
Greeks
PaR/EaR
CVaR
Portfolio Sensitivity Analysis
Stress Testing
Simulations
Fair Value Disclosure
Vessel Frieght Risk -
Insurance - -
Inventory Management
Scheduling and Logisitics
Power Transmission - - - - - - - - - - - - - - - - -
North America - - - - - - - - - - - - - - - - -
Middle Office

Europe - - - - - - - - - - - - - - - - -
Pipeline - - - - - - - - - - - - - -
Barge - - - - -
Rail - - - - -
Truck - - - - -
Vessel - - - - -
Supply Chain Mgmt./Traceability - - - -
Regulatory Reporting
Settlement
Back Office

Actualization
Invoicing
Settlements/Reconciliation
Taxation
AR/AP/Ledger (Gen. or Sub)
Currency Conversion
Unit Conversion
Document Management
System Wide

Workflow Management
Reporting / Business Intelligence
Canned Reports
Ad hoc Reporting
Executive Dashboard
BI tools

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Hivedome Limited
Floor 2, 2 Dencora Court
Tylers Avenue, Southend-on-Sea
Essex, SS12BB, UK Product:
Phone: 44 (0) 1702 433030 ITAS
www.hivedome.net

ITAS is a fully integrated Commodity Management Solution Number of Licensed Client Companies: 36
which handles our client’s contract administration, pricing, Representative Clients: EDF Man Holdings Limited;
position, inventory, risk, accounting, and integration Wilmar Group; Enerfo Group; Cargill Inc; Engerhart CTP;
requirements. Sucden Americas Group
For over 30+ years, ITAS has allowed our clients to manage
their trading and risk requirements including integration with
their ERP and/or third-party systems ensuring full
transparency, control, and visibility from origin through to
destination.
With an established market presence in c. 50 countries and c.
3, 250 users, ITAS now has c.36 clients ranging from small to
medium enterprises to some of the largest global commodity
groups. Due to its proven and versatile functionality, ITAS is
utilized by our clients to manage their principal commodity
segments including Agriculturals (Sugar, Coffee, Grains,
Cotton, Cocoa), Liquid Products (Molasses, Oilseeds), Base
Metals and Financials. Many of our larger Enterprise clients
range from 500+ users operating numerous legal and ITAS
entities.
Availing of full Desktop, Web and API functionality, and
guided by our client’s data and application integration
requirements, ITAS offers a range of flexible Subscription
Services from the core Trader Desktop, to Premium and
Enterprise Solutions. Our integration capability allows any
external system workflow to respond to an event (message)
in ITAS, defined as to the type of data required, which is then
picked up via ITAS API. Generally, Enterprise clients will have
their own (IT) development capability to fully utilise the open
architecture provided by the ITAS API and a capacity for self-
service. In recent years, many of our larger clients have
already integrated their ITAS contracts, pricing, invoicing and
risk with their ERP platforms and/or other third-party systems.
Other Subscription Services include Document Management,
Data Query Service, Alerts and Notifications, Data Delivery Methods:
Warehouse and Reporting Dashboards.
 Traditional License
Hivedome’s proven industry knowledge, client-focused
collaboration and excellent technical capabilities ensures that  Hosted in Private Cloud
our clients trust us to deliver quality, cost-effective business
solutions in a rapidly evolving marketplace. Constantly Office Locations and Phone:
focused on our clients’ initiatives e.g. automation, blockchain  Cluj, Romania 44 (0) 1702 433030
and AI/ML, our mission is to provide our clients with the most  Madrid, Spain 44 (0) 1702 433030
optimum solution that delivers their day to day and strategic  Montevideo, Uruguay 44 (0) 1702 433030
goals.
 Miami, Florida, US 44 (0) 1702 433030
The integrated nature and security of the ITAS functionality  Singapore 44 (0) 1702 433030
and the underlying operational data require an on-premise or
third-party hosting deployment. To ensure the transition from
legacy systems, Hivedome provides a full range of pre-
implementation and on-going support services from its base
in Essex, United Kingdom, across a network of representative
offices providing the level of regional support required by
users.

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Vendor: Hivedome Limited Product Name: ITAS Version: 0

Functionality is deployed and in production Not Deployed, but system is System is not currently capable of Not Applicable - Functionality not
at a client site capable of providing functionality providing that functionality
- applicable for Commodity
ENERGIES AGS & SOFTS METALS EMISSIONS
Natural Crude Ediable Concen- North Other Frieght
Function / Feature Power Gas Crude Products NGL Coal LNG BioFuels Grains Oils Softs Base trates Precious America Europe Bulk Rates

Production Mgmt./Generation - - - -
Production / Operations

Volumetric Management - - - - -
Net Back Pricing - - - - - - - - - - - -
DOI/Owner Balancing - - - - - - - - - - - - - -
Gas Gathering - - - - - - - - - - - - - - - - -
Gas Processing - - - - - - - - - - - - - - - -
Retail Ops. / Rack Mktg. - - - - - - - - - - - - - - -
Quality / Sampling - - - - -
Contract Management
Deal Origination
Credit Tracking
Curve Management
Portfolio Optimization
Supply-Demand Optimization
Pre-Deal Analytics "what if"
Trade Capture
Front Office / Trading

Physical
Financial
Exchange
Deal Types
Spot & Forwards
Futures
Swaps
Options
Swaptions
Transportation
Storage/Inventory - -
Complex Pricing
Position Management
Physical
Financial
Credit Risk
Hedge Effectiveness
Risk Management and Analysis

Analytics
Mark-to-Market
VaR - Monte Carlo
VaR - Other
Greeks
PaR/EaR
CVaR
Portfolio Sensitivity Analysis
Stress Testing
Simulations
Fair Value Disclosure
Vessel Frieght Risk -
Insurance - -
Inventory Management
Scheduling and Logisitics
Power Transmission - - - - - - - - - - - - - - - - -
North America - - - - - - - - - - - - - - - - -
Middle Office

Europe - - - - - - - - - - - - - - - - -
Pipeline - - - - - - - - - - - - - -
Barge - - - - -
Rail - - - - -
Truck - - - - -
Vessel - - - - -
Supply Chain Mgmt./Traceability - - - -
Regulatory Reporting
Settlement
Back Office

Actualization
Invoicing
Settlements/Reconciliation
Taxation
AR/AP/Ledger (Gen. or Sub)
Currency Conversion
Unit Conversion
Document Management
System Wide

Workflow Management
Reporting / Business Intelligence
Canned Reports
Ad hoc Reporting
Executive Dashboard
BI tools

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Igloo Trading Solutions

The Frames
1 Phipp St
London, EC2A 4PS Product:
Phone: 020 3488 3516
Igloo Cloud ETRM
www.iglootradingsolutions.com

Igloo. Intelligent energy trading from European energy trading experts Number of Licensed Client Companies: 6
With substantial experience in trading and technology at some of Representative Clients: Nanook Energy Advisors; Conrad
Europe’s largest energy trading organisations, the team behind Igloo Energy Trading; Equias
have developed Igloo with the conviction that ETRM can be done
simpler, better and more cost-effectively.
Designed and built for Europe - Igloo is an energy trading and risk
management (ETRM) platform engineered to meet the needs of physical
and financial traders operating in today’s European markets. It offers the
widest range of connectivity to European markets, clearers,
intermediaries, trading platforms and FX brokers. Igloo also interfaces
to Elexon, enmacc, Equias back office services and multiple European
logistics providers to provide full STP capability.
Designed and built for the cloud - Igloo is built to scale, delivering the
simplest ETRM solution through to the most complex algorithmic trading
on a single platform, and with the capacity to handle exceptional levels
of throughput.
The platform’s core architecture is designed to provide the reliability,
robustness and security you expect and need for a 24×7 trading
platform, with bespoke monitoring providing seamless failover and
alerting.
Unlike legacy solutions that have migrated and adapted existing
technology for the cloud, Igloo’s cloud-first architecture allows us to
deliver either single or multi-tenanted implementations to best fit each
customer profile.
Designed to deliver competitive advantage - Built specifically for trading
energy in a way that reflects both the market and trading practices as
they are today, Igloo offers a host of user benefits and competitive
advantages.
Built-in Connectivity - With connectivity as standard to Trayport, TT, ICE,
CME, EEX Nordpool and EPEX, Igloo connects you seamlessly to
exchanges, trading platforms, auctions and client portals as standard.
Delivery Methods:
This enables full STP with minimal set up. No additional costs. No costly
implementations.  Traditional License
Real Time Position P&L - Igloo provides real time price curves, position,  SaaS: Multi-Tenanted
option greeks and P&L across physical and financial energy trading. It  Hosted in Private Cloud
automatically builds trading curves from price feeds for both liquid and  Hosted in Public Cloud
illiquid energy markets.
Office Locations and Phone:
Real-time Risk Management - Igloo provides pre-deal, real time, post
deal and EOD risk management (Historical VaR) and P&L, giving you  London, UK 020 3488 3516
full insight into, and control over, your trading business. Risk
management within day and at close of business.
Automated Trading Processes - Igloo’s seamless STP capability means
your trades are automatically routed to Igloo from the exchange. Igloo
then automates the reconciliation process, including clearing margin
and fees, direct market access margin and fees, and brokers’ fees.
Intelligent Pricing - Igloo can create hourly or sub-hourly pricing for real
time valuation and official EOD risk management, for liquid and illiquid
energy markets.

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Vendor: Igloo Trading Solutions Product Name: Igloo Cloud ETRM Version: N/A
Functionality is deployed and in production Not Deployed, but system is System is not currently capable of Not Applicable - Functionality not
at a client site capable of providing functionality providing that functionality
- applicable for Commodity
ENERGIES AGS & SOFTS METALS EMISSIONS
Natural Crude Ediable Concen- North Other Frieght
Function / Feature Power Gas Crude Products NGL Coal LNG BioFuels Grains Oils Softs Base trates Precious America Europe Bulk Rates
Production Mgmt./Generation - - - -
Production / Operations

Volumetric Management - - - - -
Net Back Pricing - - - - - - - - - - - -
DOI/Owner Balancing - - - - - - - - - - - - - -
Gas Gathering - - - - - - - - - - - - - - - - -
Gas Processing - - - - - - - - - - - - - - - -
Retail Ops. / Rack Mktg. - - - - - - - - - - - - - - -
Quality / Sampling - - - - -
Contract Management
Deal Origination
Credit Tracking
Curve Management
Portfolio Optimization
Supply-Demand Optimization
Pre-Deal Analytics "what if"
Trade Capture
Front Office / Trading

Physical
Financial
Exchange
Deal Types
Spot & Forwards
Futures
Swaps
Options
Swaptions
Transportation
Storage/Inventory - -
Complex Pricing
Position Management
Physical
Financial
Credit Risk
Hedge Effectiveness
Risk Management and Analysis

Analytics
Mark-to-Market
VaR - Monte Carlo
VaR - Other
Greeks
PaR/EaR
CVaR
Portfolio Sensitivity Analysis
Stress Testing
Simulations
Fair Value Disclosure
Vessel Frieght Risk -
Insurance - -
Inventory Management
Scheduling and Logisitics
Power Transmission - - - - - - - - - - - - - - - - -
North America - - - - - - - - - - - - - - - - -
Middle Office

Europe - - - - - - - - - - - - - - - - -
Pipeline - - - - - - - - - - - - - -
Barge - - - - -
Rail - - - - -
Truck - - - - -
Vessel - - - - -
Supply Chain Mgmt./Traceability - - - -
Regulatory Reporting
Settlement
Back Office

Actualization
Invoicing
Settlements/Reconciliation
Taxation
AR/AP/Ledger (Gen. or Sub)
Currency Conversion
Unit Conversion
Document Management
System Wide

Workflow Management
Reporting / Business Intelligence
Canned Reports
Ad hoc Reporting
Executive Dashboard
BI tools

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Inatech – a Glencore company

Inatech Ltd
3 Shortlands,
Hammersmith, London W6 8DA
Product:
Phone: 44 (0)20 3609 8617 Techoil
www.inatech.com

Inatech is a global provider of cloud ETRM and fuel Number of Licensed Client Companies: 11
management software to the oil, bunkering and shipping
Representative Clients: Information not provided
industries.
Part of Glencore plc’s oil division, Inatech leverages Glencore’s
oil trading and supply chain management expertise and
combines it with its own in-depth industry knowledge to create a
range of cloud-based and innovative software products.
One of Inatech’s flagship products is Techoil, a single decision
support Energy Trading and Risk Management platform. It helps
oil traders, suppliers, wholesalers and distributors manage
sales, PnL, risk, inventory, operations, credit, cash flow and
finance.
Techoil ETRM benefits include:

• One version of the truth – Have an integrated view of the

business functions from trading, operations to accounting;
ensuring confidence in the results leading to better business
insights and informed decisions.
• Risk mitigation tools - Set and monitor hedging strategies
using accurate inventory and trading positions of physical
and derivatives.
• Automatic reconciliation of trading, inventory and
accounting - Ensure accurate PnL, exposure, margins,
inventory position and allocation.
• Strong controls and workflows - Ensure governance,
auditability and regulatory compliance facilitated by a
monthly book closure process.
• Integration with 3rd party, market prices, ERP and
proprietary systems - bring all information in one place,
Techoil ETRM.
Delivery Methods:
Inatech’s product expertise is matched by a comprehensive
 SaaS: Multi-Tenanted
range of support services provided from offices across the world
including the U.S, the U.K., the U.A.E., Singapore and India.  Hosted in Private Cloud
This global coverage means customers benefit from an  Hosted in Public Cloud
international delivery model that provides the competitive edge
Office Locations and Phone:
needed to thrive in today’s dynamic markets.
 London, UK 44 (0)20 3609 8617
For more information visit: www.techoil.com and
www.inatech.com.

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Vendor: Inatech - a Glencore company Product Name: Techoil Version: 1.13.3

Functionality is deployed and in production Not Deployed, but system is System is not currently capable Not Applicable - Functionality not
at a client site capable of providing of providing that functionality
- applicable for Commodity
ENERGIES AGS & SOFTS METALS EMISSIONS
Natural Crude Ediable Concen- North Other Frieght
Function / Feature Power Gas Crude Products NGL Coal LNG BioFuels Grains Oils Softs Base trates Precious America Europe Bulk Rates
Production Mgmt./Generation - - - -
Production / Operations

Volumetric Management - - - - -
Net Back Pricing - - - - - - - - - - - -
DOI/Owner Balancing - - - - - - - - - - - - - -
Gas Gathering - - - - - - - - - - - - - - - - -
Gas Processing - - - - - - - - - - - - - - - -
Retail Ops. / Rack Mktg. - - - - - - - - - - - - - - -
Quality / Sampling - - - - -
Contract Management
Deal Origination
Credit Tracking
Curve Management
Portfolio Optimization
Supply-Demand Optimization
Pre-Deal Analytics "what if"
Trade Capture
Front Office / Trading

Physical
Financial
Exchange
Deal Types
Spot & Forwards
Futures
Swaps
Options
Swaptions
Transportation
Storage/Inventory - -
Complex Pricing
Position Management
Physical
Financial
Credit Risk
Hedge Effectiveness
Risk Management and Analysis

Analytics
Mark-to-Market
VaR - Monte Carlo
VaR - Other
Greeks
PaR/EaR
CVaR
Portfolio Sensitivity Analysis
Stress Testing
Simulations
Fair Value Disclosure
Vessel Frieght Risk -
Insurance - -
Inventory Management
Scheduling and Logisitics
Power Transmission - - - - - - - - - - - - - - - - -
North America - - - - - - - - - - - - - - - - -
Middle Office

Europe - - - - - - - - - - - - - - - - -
Pipeline - - - - - - - - - - - - - -
Barge - - - - -
Rail - - - - -
Truck - - - - -
Vessel - - - - -
Supply Chain Mgmt./Traceability - - - -
Regulatory Reporting
Settlement
Back Office

Actualization
Invoicing
Settlements/Reconciliation
Taxation
AR/AP/Ledger (Gen. or Sub)
Currency Conversion
Unit Conversion
Document Management
System Wide

Workflow Management
Reporting / Business Intelligence
Canned Reports
Ad hoc Reporting
Executive Dashboard
BI tools
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InstaNext Inc
1501 SE Walton Blvd.
Suite 207
Bentonville, AR 72712
Product:
Phone: 855 900 9192 The InstaNext Platform
www.instanext.com

InstaNext is comprised of a team of software and technology Number of Licensed Client Companies: 50
experts in the fields of energy trading, hedging, and risk
Representative Clients: Velvet Energy; Diversified Gas
management. With an extensive portfolio of successes in the and Oil; Arc Resources Ltd.
ETRM industry, InstaNext provides intuitive software solutions
to help companies meet the challenges of the complex energy
market.

InstaNext's multi-market ETRM platform simplifies every aspect

of energy trading and risk management. The platform allows
companies to analyze their positions in real-time via its powerful
analysis capabilities, and use historical and scenario-based data
to compare current positions against changes in the market.

The Trading and Risk module allows for capturing physical and
financial deals, workflows, computing mark to market, sensitivity
analysis, and enables end user ad hoc reporting. The Coverage
Analysis module gives businesses the tools to accurately project
costs, revenues, and margins into the future while keeping track
of their covered and uncovered exposures. The Invoicing &
Accounting module tracks invoices and payments, as well as
generating accounting entries that can be posted directly to a
GL system. The Advanced Reporting module can be used to
create executive dashboards with KPIs and/or standard PDF
style reports for disclosures and other detailed analytics.

The InstaNext platform is built using cutting edge, RESTful web

protocols that make it scalable to grow with your business needs
Delivery Methods:
and open to integrate with any existing CTRM, ERP or 3rd party
system. The platform utilizes a robust N-Tier architecture that  Traditional License
 Hosted in Private Cloud
instantly delivers application programming interfaces (APIs),
security, audit trails, and dynamic data modeling. Office Locations and Phone:

The InstaNext platform can be deployed on-site behind your  Bentonville AR, USA 855 900 9192
firewall or delivered in the cloud on a dedicated InstaNext cloud
server. InstaNext is designed to easily adapt to your business
without costly reconfiguration and can easily handle increases
in trade volume and user numbers. Using the latest technology,
InstaNext can be implemented quickly and with low risk.

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Vendor: InstaNext Inc. Product Name: The InstaNext Platform Version: v9.2
Functionality is deployed and in production Not Deployed, but system is System is not currently capable of Not Applicable - Functionality not
at a client site capable of providing functionality providing that functionality
- applicable for Commodity
ENERGIES AGS & SOFTS METALS EMISSIONS
Natural Crude Ediable Concen- North Other Frieght
Function / Feature Power Gas Crude Products NGL Coal LNG BioFuels Grains Oils Softs Base trates Precious America Europe Bulk Rates
Production Mgmt./Generation - - - -
Production / Operations

Volumetric Management - - - - -
Net Back Pricing - - - - - - - - - - - -
DOI/Owner Balancing - - - - - - - - - - - - - -
Gas Gathering - - - - - - - - - - - - - - - - -
Gas Processing - - - - - - - - - - - - - - - -
Retail Ops. / Rack Mktg. - - - - - - - - - - - - - - -
Quality / Sampling - - - - -
Contract Management
Deal Origination
Credit Tracking
Curve Management
Portfolio Optimization
Supply-Demand Optimization
Pre-Deal Analytics "what if"
Trade Capture
Front Office / Trading

Physical
Financial
Exchange
Deal Types
Spot & Forwards
Futures
Swaps
Options
Swaptions
Transportation
Storage/Inventory - -
Complex Pricing
Position Management
Physical
Financial
Credit Risk
Hedge Effectiveness
Risk Management and Analysis

Analytics
Mark-to-Market
VaR - Monte Carlo
VaR - Other
Greeks
PaR/EaR
CVaR
Portfolio Sensitivity Analysis
Stress Testing
Simulations
Fair Value Disclosure
Vessel Frieght Risk -
Insurance - -
Inventory Management
Scheduling and Logisitics
Power Transmission - - - - - - - - - - - - - - - - -
North America - - - - - - - - - - - - - - - - -
Middle Office

Europe - - - - - - - - - - - - - - - - -
Pipeline - - - - - - - - - - - - - -
Barge - - - - -
Rail - - - - -
Truck - - - - -
Vessel - - - - -
Supply Chain Mgmt./Traceability - - - -
Regulatory Reporting
Settlement
Back Office

Actualization
Invoicing
Settlements/Reconciliation
Taxation
AR/AP/Ledger (Gen. or Sub)
Currency Conversion
Unit Conversion
Document Management
System Wide

Workflow Management
Reporting / Business Intelligence
Canned Reports
Ad hoc Reporting
Executive Dashboard
BI tools

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Invensoft Technologies
232, 2ND Floor, 12th Main, 2nd Cross
RBI Layout, J.P. Nagar 7th Phase
Bangalore – 560078 INDIA Product:
Phone: 91 80 4166 8087 Invensoft-XBS
www.Inventsoft.co.in

Invensoft Technologies is an IT Company providing Commodity Number of Licensed Client Companies: 27

Management Software Solutions for business in Agricultural
Commodities, Metals, Minerals and Concentrates. Since year 2000 Representative Clients: Louis Dreyfus Commodities;
Invensoft is supporting top global commodities companies including Neumann Kaffe Gruppe; Molenbergnaite; ISTIM Metals;
Fortune 500 companies in Asia, Africa and Latin America covering India, Integra Trading; Bero Coffee
Indonesia, Singapore, Malaysia, Vietnam, Kenya, Tanzania, Uganda,
USA, United Kingdom, Peru, Mexico, Honduras and Colombia.
Invensoft-XBS© popularly called as XBS is a Unified Commodity
Management Platform offering Commodity Management (CM), 3rd
Party Commodity Warehousing & 3rd Party Logistics (CW3PL) and
Commodity Trade Risk Management (CTRM) covering End-to-End
needs of Commodity Business. XBS is an enterprise Web App with an
integrated Mobile App called XBS Apps© available on Apple iPhone,
iPad, Android Mobile phone and Tablets, offers users seamless
operational, reporting experience with business controls on real time.
With built in origin specific features, template-based operations, multiple
language support, interface, integrations Invensoft-XBS© is the most
flexible and adopted solution globally. Available on the Cloud with
subscription options, XBS can go live in weeks at any commodity
country with heterogeneous business process, speaking multiple
languages. With Zero IT infrastructure cost, XBS Cloud is the most cost-
effective business solution with business controls and decision-making
abilities for the commodity managers.
• Invensoft-XBS© CM provides extensive features with out of the box
localization for Commodity Origin Business, Procurement, Quality
Management, Processing, Warehousing, Certification, End-to-End Bi-
Directional Traceability, Sustainability Certification, Trading, Hedging,
Risk Management, Positions, Exposures, Daily P&L and reporting.
• Invensoft-XBS© CW3PL provides innovative features for commodity
3rd party warehousing, processing services and logistics business
covering commodity intake, quality management, warehousing,
collateral management, processing, packing, container stuffing and
shipping. Innovative Customer Center module enables customers,
bankers to be a part of business process.
• Invensoft-XBS© CTRM provides end to end features for commodity
trade risk management involving in Contract Management, Trade Delivery Methods:
Management, Warehousing, Traceability, Hedging, Risk
Management, Positions, Exposures, Daily P&L and reporting.  Traditional License
• XBS APP© is an integrated Mobile App for a seamless commodity  SaaS: Multi-Tenanted
business management on iPhone and Android devices. Users can  Hosted in Private Cloud
access real time information on inventory, position, intakes,  Hosted in Public Cloud
shipments and approve purchases and sales contracts on the go.  Customer Specific Models

Invensoft introduced XBSCloud an End-To-End commodity

Office Locations and Phone:
management on the cloud including Web Apps, Mobile App, with
serviced and self-serviced BI. XBSCloud is based on SaaS subscription  Bangalore India 91 80 416 68087
and has no up-front license fees resulting in lower initial and operating
costs. Subscription fees and implementation are tailored to fit every
business ranging from 5 user companies to 500++ enterprises. Contact
less and remote implementation enables go-live in few weeks.
For further details please visit us at: Website: www.invensoft.co.in
Cloud: www.xbscloud.com

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Vendor: INVENSOFT TECHNOLOGIES PRIVATE LIMITED Product Name: Invensoft-XBS Version: Version 9.0.2.1
Functionality is deployed and in production Not Deployed, but system is System is not currently capable of Not Applicable - Functionality not
at a client site capable of providing functionality providing that functionality
- applicable for Commodity
ENERGIES AGS & SOFTS METALS EMISSIONS
Natural Crude Ediable Concen- North Other Frieght
Function / Feature Power Gas Crude Products NGL Coal LNG BioFuels Grains Oils Softs Base trates Precious America Europe Bulk Rates

Production Mgmt./Generation - - - -
Production / Operations

Volumetric Management - - - - -
Net Back Pricing - - - - - - - - - - - -
DOI/Owner Balancing - - - - - - - - - - - - - -
Gas Gathering - - - - - - - - - - - - - - - - -
Gas Processing - - - - - - - - - - - - - - - -
Retail Ops. / Rack Mktg. - - - - - - - - - - - - - - -
Quality / Sampling - - - - -
Contract Management
Deal Origination
Credit Tracking
Curve Management
Portfolio Optimization
Supply-Demand Optimization
Pre-Deal Analytics "what if"
Trade Capture
Front Office / Trading

Physical
Financial
Exchange
Deal Types
Spot & Forwards
Futures
Swaps
Options
Swaptions
Transportation
Storage/Inventory - -
Complex Pricing
Position Management
Physical
Financial
Credit Risk
Hedge Effectiveness
Risk Management and Analysis

Analytics
Mark-to-Market
VaR - Monte Carlo
VaR - Other
Greeks
PaR/EaR
CVaR
Portfolio Sensitivity Analysis
Stress Testing
Simulations
Fair Value Disclosure
Vessel Frieght Risk -
Insurance - -
Inventory Management
Scheduling and Logisitics
Power Transmission - - - - - - - - - - - - - - - - -
North America - - - - - - - - - - - - - - - - -
Middle Office

Europe - - - - - - - - - - - - - - - - -
Pipeline - - - - - - - - - - - - - -
Barge - - - - -
Rail - - - - -
Truck - - - - -
Vessel - - - - -
Supply Chain Mgmt./Traceability - - - -
Regulatory Reporting
Settlement
Back Office

Actualization
Invoicing
Settlements/Reconciliation
Taxation
AR/AP/Ledger (Gen. or Sub)
Currency Conversion
Unit Conversion
Document Management
System Wide

Workflow Management
Reporting / Business Intelligence
Canned Reports
Ad hoc Reporting
Executive Dashboard
BI tools

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2020 CTRM SourceBook

ION Commodities
1345 Avenue of the Americas
49th Floor
New York, NY 10105
Product:
Phone: 1 212 906 0050 ION Commodities
www.iongroup.com/ion-commodities/

ION Commodities is the leading commodity management software portfolio Number of Licensed Client Companies: 1200 (all products)
that puts customers in total control of their business. As the market leader,
ION Commodities provides holistic portfolio management and next- Representative Clients: Information not provided
generation decision support to organizations of any size, in any industry,
across any commodity, and in any region. From a completely packaged multi-
tenant SaaS solution, to a highly customized CTRM solution, to a platform for
advanced analytics and digitalization, ION’s portfolio of solutions supports
commodity organizations’ exact requirements now — and as their businesses
grow and change well into the future.
ION Commodities is made up of next-generation commodity trading and risk
management solutions, including ION Openlink, ION Allegro, ION Aspect, ION
RightAngle, ION TriplePoint, and a suite of added value products.
ION Commodities is the market leader in commodity management software, Information not provided
serving over 1,200 customers and over 30,000 users in 50 countries.
In addition to CTRM solutions, the following are ION Commodities’ added
value solutions:
Algosys: Algosys is an automated metal accounting solution that can be
deployed in concentrators, gold and hydromet plants, and smelters. It enables
metallurgists and plant superintendents to collect and evaluate data from any
source, perform mass balance computations, and reconcile production data.
DSC: DSC features real-time futures tick data, advanced charting, dynamic
real-time Excel tools, historical price queries, and time and sales screens for
an in-depth view of trading markets. Available on desktop, tablet, and mobile
devices, it easily integrates with any CTRM system.
FEA: FEA is a leading provider of risk analytics solutions for traders, schedulers,
risk managers, and back-office professionals. In addition to a full suite of Information not provided
comprehensive analytic tools, FEA boasts world-class analytical support
provided by seasoned Ph.D. industry experts.
Qmastor: Qmastor automates and simplifies the management of coal and
mineral supply chains. It delivers supply chain visibility, streamlines processes,
enables better decision making, and helps you reduce costs to improve
margins.
Softmar: Softmar supports the full chartering, operations, and risk
Delivery Methods:
management needs of shipping organizations. It has the industry’s most
powerful voyage estimator, revealing the accurate location of vessels and  On premises
cargos.  Hosted in Private Cloud
WAM: WAM helps you manage your supply chain processes, including
 Hosted in Public Cloud
integrated business planning, sales and operations planning, demand
Office Locations and Phone:
planning, production and distribution scheduling, and inventory optimization.
Credit Risk: Credit Risk proactively measures, manages, and mitigates the risk  London UK +44 20 7398 0200
arising from counterparty default. Comprehensive exposure, collateral, and  Singapore +65 6671 9730
counterparty management ensure your organization has an accurate and  Tokyo, Japan +81 3 4550 1000
timely view of liquidity and exposure, so that business risks are converted into  Sydney, Australia +61 2 8239 8300
growth opportunities. Credit Risk is easily integrated with CTRM solutions to  Dallas, TX USA +1 214 237 8000
automate straight through processing, in real time of all credit data and the
consolidation of credit data from multiple CTRMs / external system / data
warehouse including; deals, counterparties, agreements, invoices, AR, etc.
Hedge Accounting: Hedge Accounting is a hedge analyzer and other dynamic
tools to design and assess the hedge effectiveness. Required hedge
documentation is automatically generated to show the type of exposure being
hedged and the method used to prospectively assess the hedge’s expected
effectiveness.

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Vendor: ION Product Name: ION Commodities Version: NA

Functionality is deployed and in production Not Deployed, but system is System is not currently capable of Not Applicable - Functionality not
at a client site capable of providing functionality providing that functionality
- applicable for Commodity
ENERGIES AGS & SOFTS METALS EMISSIONS
Natural Crude Ediable Concen- North Other Frieght
Function / Feature Power Gas Crude Products NGL Coal LNG BioFuels Grains Oils Softs Base trates Precious America Europe Bulk Rates

Production Mgmt./Generation - - - -
Production / Operations

Volumetric Management - - - - -
Net Back Pricing - - - - - - - - - - - -
DOI/Owner Balancing - - - - - - - - - - - - - -
Gas Gathering - - - - - - - - - - - - - - - - -
Gas Processing - - - - - - - - - - - - - - - -
Retail Ops. / Rack Mktg. - - - - - - - - - - - - - - -
Quality / Sampling - - - - -
Contract Management
Deal Origination
Credit Tracking
Curve Management
Portfolio Optimization
Supply-Demand Optimization
Pre-Deal Analytics "what if"
Trade Capture
Front Office / Trading

Physical
Financial
Exchange
Deal Types
Spot & Forwards
Futures
Swaps
Options
Swaptions
Transportation
Storage/Inventory - -
Complex Pricing
Position Management
Physical
Financial
Credit Risk
Hedge Effectiveness
Risk Management and Analysis

Analytics
Mark-to-Market
VaR - Monte Carlo
VaR - Other
Greeks
PaR/EaR
CVaR
Portfolio Sensitivity Analysis
Stress Testing
Simulations
Fair Value Disclosure
Vessel Frieght Risk -
Insurance - -
Inventory Management
Scheduling and Logisitics
Power Transmission - - - - - - - - - - - - - - - - -
North America - - - - - - - - - - - - - - - - -
Middle Office

Europe - - - - - - - - - - - - - - - - -
Pipeline - - - - - - - - - - - - - -
Barge - - - - -
Rail - - - - -
Truck - - - - -
Vessel - - - - -
Supply Chain Mgmt./Traceability - - - -
Regulatory Reporting
Settlement
Back Office

Actualization
Invoicing
Settlements/Reconciliation
Taxation
AR/AP/Ledger (Gen. or Sub)
Currency Conversion
Unit Conversion
Document Management
System Wide

Workflow Management
Reporting / Business Intelligence
Canned Reports
Ad hoc Reporting
Executive Dashboard
BI tools

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2020 CTRM SourceBook

ION Commodities - AgTech

1345 Avenue of the Americas
49th Floor
New York, NY 10105
Product:
Phone: 1 212 906 0050 ION AgTech
www.iongroup.com/ion-commodities/

Agtech is a market-leading front-, middle-, and back-office Number of Licensed Client Companies: Information not
agriculture solution for businesses in need of out-of-the box provided
features designed specifically for agricultural physical trading. Representative Clients: Information not provided
Agtech also has robust origination and processing capabilities
and ERP features used by grain originators, processors, and
feed manufacturers.
Contract management: Complete support for the purchase
and sale of commodities, including risk and inventory
management for company or third party-owned commodities.
Operations and logistics are supported with advanced
scheduling, ticketing, and warehousing designed specifically
Information not provided
for origination and processing of commodities.
Financial management is supported with full derivative
coverage for hedging and reporting of price risk exposure to
futures and FX that help support both domestic and
international operations.
Settlement boasts robust AP, AR, and GL capabilities that
streamline reporting, maximize accuracy, and enable better
business decisions.
Agtech seamlessly captures and integrates data across all
functions to ensure that all activity is accounted for in real
time. This single view enhances the quality of reporting and
measurement and ultimately enables faster, agile decision- Information not provided
making.
Agtech offers customers the following core functionalities:
• Commodity and product procurement
• Feed and food biofuels
• Market trading and hedging
• Storage and warehousing
• Production and manufacturing Delivery Methods:
• Purchase and sales orders  On Premises
• Order logistics  Hosted in Private Cloud
• Full general ledger functionality  Hosted in Public Cloud
• Inventory and risk management Office Locations and Phone:
• Regulation compliance
 London UK +44 20 7398 0200
No matter the size of your company, ION Commodities can  Singapore +65 6671 9730
offer the right agriculture solution for you. It is backed by the  Tokyo, Japan +81 3 4550 1000
 Sydney, Australia +61 2 8239 8300
world’s largest commodity trading and risk management  Dallas, TX USA +1 214 237 8000
community of over 1,200 customers.

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 2020 CTRM SourceBook

Vendor: ION Product Name: AgTech Version: NA

Functionality is deployed and in production Not Deployed, but system is System is not currently capable of Not Applicable - Functionality not
at a client site capable of providing functionality providing that functionality
- applicable for Commodity
ENERGIES AGS & SOFTS METALS EMISSIONS
Natural Crude Ediable Concen- North Other Frieght
Function / Feature Power Gas Crude Products NGL Coal LNG BioFuels Grains Oils Softs Base trates Precious America Europe Bulk Rates
Production Mgmt./Generation - - - -
Production / Operations

Volumetric Management - - - - -
Net Back Pricing - - - - - - - - - - - -
DOI/Owner Balancing - - - - - - - - - - - - - -
Gas Gathering - - - - - - - - - - - - - - - - -
Gas Processing - - - - - - - - - - - - - - - -
Retail Ops. / Rack Mktg. - - - - - - - - - - - - - - -
Quality / Sampling - - - - -
Contract Management
Deal Origination
Credit Tracking
Curve Management
Portfolio Optimization
Supply-Demand Optimization
Pre-Deal Analytics "what if"
Trade Capture
Front Office / Trading

Physical
Financial
Exchange
Deal Types
Spot & Forwards
Futures
Swaps
Options
Swaptions
Transportation
Storage/Inventory - -
Complex Pricing
Position Management
Physical
Financial
Credit Risk
Hedge Effectiveness
Risk Management and Analysis

Analytics
Mark-to-Market
VaR - Monte Carlo
VaR - Other
Greeks
PaR/EaR
CVaR
Portfolio Sensitivity Analysis
Stress Testing
Simulations
Fair Value Disclosure
Vessel Frieght Risk -
Insurance - -
Inventory Management
Scheduling and Logisitics
Power Transmission - - - - - - - - - - - - - - - - -
North America - - - - - - - - - - - - - - - - -
Middle Office

Europe - - - - - - - - - - - - - - - - -
Pipeline - - - - - - - - - - - - - -
Barge - - - - -
Rail - - - - -
Truck - - - - -
Vessel - - - - -
Supply Chain Mgmt./Traceability - - - -
Regulatory Reporting
Settlement
Back Office

Actualization
Invoicing
Settlements/Reconciliation
Taxation
AR/AP/Ledger (Gen. or Sub)
Currency Conversion
Unit Conversion
Document Management
System Wide

Workflow Management
Reporting / Business Intelligence
Canned Reports
Ad hoc Reporting
Executive Dashboard
BI tools

Copyright 2020 Commodity Technology Advisory llc 83 | P a g e

2020 CTRM SourceBook

ION Commodities - Allegro

1345 Avenue of the Americas
49th Floor
New York, NY 10105
Product:
Phone: 1 212 906 0050 ION Allegro
www.iongroup.com/ion-commodities/

ION Allegro’s enterprise CTRM software empowers companies that Number of Licensed Client Companies: Information not
extract, process, market, trade, or consume commodities to make provided
informed decisions and take total control over how their businesses Representative Clients: Information not provided
grow. With Allegro, customers get data-driven decision support to
better manage position visibility, risk management, controls, and
regulatory compliance — in one single solution. Whether an
organization is dealing with the explosion of trade volumes,
renewables, liberalization, or other market-based changes, Allegro
empowers customers to manage and change their businesses for the
better.
Deploying Allegro offers customers:
• Management of financial and physical assets in a single solution for
the front, middle, and back office Information not provided
• Matching of their unique business processes with configurable,
multi-commodity software
• Automation of confirmations, settlements, and cash flow analysis
• Maximized profitability at every phase of a deal with deal-to-cash
functionality
• Process optimization from front- to back-office, minimizing risk,
and improving compliance

Allegro empowers customers to make the best decisions with the

right data, managing risk across commodities, regions, and entities
with the following capabilities:
• Real-time position visibility: Management of physical and financial
positions on a single, powerful platform that unites information for
the front, middle, and back office – all in real time Information not provided
• Robust risk management: Detailed views of exposure to manage
risk correctly, confidently, and with the right data
• Controls: Configures controls to ensure everyone in the
organization is observing operating boundaries and rules, from the
C-suite down
• Regulatory compliance: Protection from the risk of substantial
penalties with controls to identify possible market abuse Delivery Methods:
• Analytics: Superior quantitative analytics and risk management
tools for valuing, modeling, hedging, and optimizing derivatives  On Premises
and physical assets  Hosted in Private Cloud
• Logistics: With advanced analytics, schedulers can optimize  Hosted in Public Cloud
logistics through mode and route optimization to drive maximum
Office Locations and Phone:
profitability for their business
 London UK +44 20 7398 0200
Allegro also offers the ION Cloud, the most comprehensive cloud  Singapore +65 6671 9730
platform for trading, treasury, and risk management. It combines  Tokyo, Japan +81 3 4550 1000
market-leading products with the latest technology and services that  Sydney, Australia +61 2 8239 8300
provide leaders with unprecedented speed, integration, and real-  Dallas, TX USA +1 214 237 8000
time risk assessment. Designed specifically for the needs of Allegro’s
clients, it delivers the market’s most complete, functionally robust,
and secure enterprise offering.

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 2020 CTRM SourceBook

Vendor: ION Product Name: Allegro Version: 16.145.5.4

Functionality is deployed and in production Not Deployed, but system is System is not currently capable of Not Applicable - Functionality not
at a client site capable of providing functionality providing that functionality
- applicable for Commodity
ENERGIES AGS & SOFTS METALS EMISSIONS
Natural Crude Ediable Concen- North Other Frieght
Function / Feature Power Gas Crude Products NGL Coal LNG BioFuels Grains Oils Softs Base trates Precious America Europe Bulk Rates

Production Mgmt./Generation - - - -
Production / Operations

Volumetric Management - - - - -
Net Back Pricing - - - - - - - - - - - -
DOI/Owner Balancing - - - - - - - - - - - - - -
Gas Gathering - - - - - - - - - - - - - - - - -
Gas Processing - - - - - - - - - - - - - - - -
Retail Ops. / Rack Mktg. - - - - - - - - - - - - - - -
Quality / Sampling - - - - -
Contract Management
Deal Origination
Credit Tracking
Curve Management
Portfolio Optimization
Supply-Demand Optimization
Pre-Deal Analytics "what if"
Trade Capture
Front Office / Trading

Physical
Financial
Exchange
Deal Types
Spot & Forwards
Futures
Swaps
Options
Swaptions
Transportation
Storage/Inventory - -
Complex Pricing
Position Management
Physical
Financial
Credit Risk
Hedge Effectiveness
Risk Management and Analysis

Analytics
Mark-to-Market
VaR - Monte Carlo
VaR - Other
Greeks
PaR/EaR
CVaR
Portfolio Sensitivity Analysis
Stress Testing
Simulations
Fair Value Disclosure
Vessel Frieght Risk -
Insurance - -
Inventory Management
Scheduling and Logisitics
Power Transmission - - - - - - - - - - - - - - - - -
North America - - - - - - - - - - - - - - - - -
Middle Office

Europe - - - - - - - - - - - - - - - - -
Pipeline - - - - - - - - - - - - - -
Barge - - - - -
Rail - - - - -
Truck - - - - -
Vessel - - - - -
Supply Chain Mgmt./Traceability - - - -
Regulatory Reporting
Settlement
Back Office

Actualization
Invoicing
Settlements/Reconciliation
Taxation
AR/AP/Ledger (Gen. or Sub)
Currency Conversion
Unit Conversion
Document Management
System Wide

Workflow Management
Reporting / Business Intelligence
Canned Reports
Ad hoc Reporting
Executive Dashboard
BI tools

Copyright 2020 Commodity Technology Advisory llc 85 | P a g e

2020 CTRM SourceBook

ION Commodities - Aspect

1345 Avenue of the Americas
49th Floor
New York, NY 10105
Product:
Phone: 1 212 906 0050 ION ASPECT
www.iongroup.com/ion-commodities/

Companies trading commodities face a range of challenges, including increasing Number of Licensed Client Companies: Information not
operating costs, fragmented systems, data and processes, and blind spots in the provided
supply chain during movement and storage of products. ION’s commodity
trading and risk management (CTRM) solution Aspect focus on bunker trading, Representative Clients: Information not provided
fuel marketing, oil and petroleum products, LNG, metals and coal, and is quickly
implemented to support the physical and financial trade lifecycle and logistics
in complex supply chains.
It is the only Software as a Service (SaaS) trade and risk management solution
with integrated market data, enabling rapid deployment, controlled costs, and
immediate ROI.
Aspect streamlines trade processing, creating multiple benefits for trading
companies. It eliminates errors created by reentering trades, and executes end-
to-end trade flow automation and seamless data transfer, from deal execution
through logistics, settlement to invoicing. The solution is certified by CME and
ICE for post-trade capture, creating one point of entry and reducing dependency Information not provided
on end-of-day trade reconciliation.
Functionality includes:
• Trade management: Measure and report on risk, credit, and market
exposures. Monitor the value of MTM, cash positions and P&L
simultaneously with market fluctuations, and as deals are entered and
updated.
• Risk management: Leverage a full spectrum of physical and financial tools to
assess price, volume, volatility, quality, delivery, counterparty, credit, and
multi-currency exposures. Complete risk, exposure, and VaR reporting.
• Financial management: Gain insight into movements, payments, and costs.
Real-time intra-day exposure reporting.
• Physical operations: Track and optimize your supply chain activities,
including transportation.
• Trade management: Measure and report on risk, credit, and market
exposures. Monitor the value of MTM, cash positions and P&L
Information not provided
simultaneously with market fluctuations, and as deals are entered and
updated.
• Physical operations: Track and optimize your supply chain activities,
including transportation.
• Integrated market data, risk, and operations: Market data and pre-trade
analytics as part of its front office modules. Seamless transfer of market
prices use to validate trades and update positions.
• Flexibility and fast performance: View P&L, valuation, risk, and attribution
data in near real time. Integrate your physical and financial trading Delivery Methods:
operations with straight through processing (STP). Integrate data from other
systems. Configure your solution to work the way you want.  SaaS: Multi-tenanted
ION Aspect’s cloud architecture enables quick deployment and configuration,
controlled costs, and rapid ROI. ION Aspect supports best-in-class functionality Office Locations and Phone:
for credit, counterparty, market, and price-related risks for confident decision
making. Users get one view of their physical and financial trade cycle.  London UK +44 20 7398 0200
 Singapore +65 6671 9730
ION Aspect Provides:
 Tokyo, Japan +81 3 4550 1000
• Out-of-the-box, rapid implementation and expedited time to value, spanning
days to weeks.  Sydney, Australia +61 2 8239 8300
• Real-time P&L, VaR, exposure, and inventory views across your global supply  Dallas, TX USA +1 214 237 8000
chain.
• High-performance in-memory database runs large volumes of data and
instant end-of-day, end-of-year reports.
• Seamless data and application interfacing capabilities for painless
integration.
• Unique Market Data component with real-time and historical commodities
prices, charts, dynamic excel tools, and news on the same CTRM platform.
• Despite the high level of out of out of the box content, Aspect provides
capabilities that enable swift configuration of custom fields, validations,
reports, and workbenches allowing the implementation of tailored client
needs.

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 2020 CTRM SourceBook

Vendor: ION Product Name: Aspect Version: NA

Functionality is deployed and in production Not Deployed, but system is System is not currently capable of Not Applicable - Functionality not
at a client site capable of providing functionality providing that functionality
- applicable for Commodity
ENERGIES AGS & SOFTS METALS EMISSIONS
Natural Crude Ediable Concen- North Other Frieght
Function / Feature Power Gas Crude Products NGL Coal LNG BioFuels Grains Oils Softs Base trates Precious America Europe Bulk Rates
Production Mgmt./Generation - - - -
Production / Operations

Volumetric Management - - - - -
Net Back Pricing - - - - - - - - - - - -
DOI/Owner Balancing - - - - - - - - - - - - - -
Gas Gathering - - - - - - - - - - - - - - - - -
Gas Processing - - - - - - - - - - - - - - - -
Retail Ops. / Rack Mktg. - - - - - - - - - - - - - - -
Quality / Sampling - - - - -
Contract Management
Deal Origination
Credit Tracking
Curve Management
Portfolio Optimization
Supply-Demand Optimization
Pre-Deal Analytics "what if"
Trade Capture
Front Office / Trading

Physical
Financial
Exchange
Deal Types
Spot & Forwards
Futures
Swaps
Options
Swaptions
Transportation
Storage/Inventory - -
Complex Pricing
Position Management
Physical
Financial
Credit Risk
Hedge Effectiveness
Risk Management and Analysis

Analytics
Mark-to-Market
VaR - Monte Carlo
VaR - Other
Greeks
PaR/EaR
CVaR
Portfolio Sensitivity Analysis
Stress Testing
Simulations
Fair Value Disclosure
Vessel Frieght Risk -
Insurance - -
Inventory Management
Scheduling and Logisitics
Power Transmission - - - - - - - - - - - - - - - - -
North America - - - - - - - - - - - - - - - - -
Middle Office

Europe - - - - - - - - - - - - - - - - -
Pipeline - - - - - - - - - - - - - -
Barge - - - - -
Rail - - - - -
Truck - - - - -
Vessel - - - - -
Supply Chain Mgmt./Traceability - - - -
Regulatory Reporting
Settlement
Back Office

Actualization
Invoicing
Settlements/Reconciliation
Taxation
AR/AP/Ledger (Gen. or Sub)
Currency Conversion
Unit Conversion
Document Management
System Wide

Workflow Management
Reporting / Business Intelligence
Canned Reports
Ad hoc Reporting
Executive Dashboard
BI tools

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2020 CTRM SourceBook

ION Commodities - Openlink

1345 Avenue of the Americas
49th Floor Product:
New York, NY 10105
Phone: 1 212 906 0050 ION Openlink
www.iongroup.com/ion-commodities/

ION Openlink is the most comprehensive and advanced ETRM and Number of Licensed Client Companies: Information not
CTRM solution for globally integrated enterprises that need to provided
streamline and simplify high-volume complex transactions across Representative Clients: Information not provided
commodities, derivatives, and extensive asset classes and require a
consolidated physical-to-financial view of positions, risks, and P&L.
The Openlink enterprise platform is an integrated, end-to-end
solution that provides better visibility and improves decision-making
along the value chain — from lease management and generation to
physical movement planning, hedging, inventory management,
actualization, and settlement. Openlink helps energy and commodity-
intensive businesses understand and manage the increased
complexity of their international risk portfolio by providing a powerful
and sophisticated risk analytic capabilities. Information not provided
It covers a comprehensive list of financial and physical instruments
from the basic to the most complex, covering all commodities in the
market including natural gas, power, crude oil, refined products, base
and precious metals, coal, weather derivatives, emissions, and foreign
exchange. For companies managing physical assets, it also supports
natural gas and power logistics and provides decision-making tools to
help optimize generation asset 
Deploying Openlink offers customers:  
• The broadest asset and commodity coverage in the market 
• Flexible and customizable options to meet their needs 
• Strong LNG and natural gas trade and scheduling support 
• A full range of trading, real-time risk analytics, and operational
requirements for physical commodities, financial products, and Information not provided
derivatives 
• Process optimization from front- to back-office, minimizing risk,
and improving compliance 

Openlink is highly scalable, extensible, and customizable. It is a multi-

commodity, multi-currency solution built on proven technology and a
robust architecture with the following capabilities:  
• Trading/analytics: Direct exchange integration lets users enter Delivery Methods:
trades, retrieve and view existing trades, run and view reports, and  On Premises
run ad hoc or on-the-fly simulations and stress-testing scenarios.   Hosted in Private Cloud
• Logistics/scheduling: Use and share one unique database for all  Hosted in Public Cloud
modes of transportation (truck, rail, pipeline, vessel, and more). 
• Confirmation and document management: Manage all back-office Office Locations and Phone:
and logistics document generation and tracking in a single flexible  London UK +44 20 7398 0200
solution.   Singapore +65 6671 9730
• Credit and risk management: Real-time monitoring of market risk  Tokyo, Japan +81 3 4550 1000
exposures (MTM, Greeks, VaR, P&L, etc.) against limits using  Sydney, Australia +61 2 8239 8300
standard and user-defined calculations.   Dallas, TX USA +1 214 237 8000

Openlink also offers fully integrated treasury capabilities. Openlink’s

treasury risk management offering supports all common corporate
treasury needs. The system can play a strategic role in improving
earnings and reducing costs. The solution provides commodity and
derivatives price and risk management, hedge effectiveness
evaluation and reporting, and cash management in a single solution
resulting in improved control, oversight, and centralized transparency
in real time.

Copyright 2020 Commodity Technology Advisory llc 88 | P a g e

 2020 CTRM SourceBook

Vendor: ION Product Name: Openlink Version: V18

Functionality is deployed and in production Not Deployed, but system is System is not currently capable of Not Applicable - Functionality not
at a client site capable of providing functionality providing that functionality
- applicable for Commodity
ENERGIES AGS & SOFTS METALS EMISSIONS
Natural Crude Ediable Concen- North Other Frieght
Function / Feature Power Gas Crude Products NGL Coal LNG BioFuels Grains Oils Softs Base trates Precious America Europe Bulk Rates
Production Mgmt./Generation - - - -
Production / Operations

Volumetric Management - - - - -
Net Back Pricing - - - - - - - - - - - -
DOI/Owner Balancing - - - - - - - - - - - - - -
Gas Gathering - - - - - - - - - - - - - - - - -
Gas Processing - - - - - - - - - - - - - - - -
Retail Ops. / Rack Mktg. - - - - - - - - - - - - - - -
Quality / Sampling - - - - -
Contract Management
Deal Origination
Credit Tracking
Curve Management
Portfolio Optimization
Supply-Demand Optimization
Pre-Deal Analytics "what if"
Trade Capture
Front Office / Trading

Physical
Financial
Exchange
Deal Types
Spot & Forwards
Futures
Swaps
Options
Swaptions
Transportation
Storage/Inventory - -
Complex Pricing
Position Management
Physical
Financial
Credit Risk
Hedge Effectiveness
Risk Management and Analysis

Analytics
Mark-to-Market
VaR - Monte Carlo
VaR - Other
Greeks
PaR/EaR
CVaR
Portfolio Sensitivity Analysis
Stress Testing
Simulations
Fair Value Disclosure
Vessel Frieght Risk -
Insurance - -
Inventory Management
Scheduling and Logisitics
Power Transmission - - - - - - - - - - - - - - - - -
North America - - - - - - - - - - - - - - - - -
Middle Office

Europe - - - - - - - - - - - - - - - - -
Pipeline - - - - - - - - - - - - - -
Barge - - - - -
Rail - - - - -
Truck - - - - -
Vessel - - - - -
Supply Chain Mgmt./Traceability - - - -
Regulatory Reporting
Settlement
Back Office

Actualization
Invoicing
Settlements/Reconciliation
Taxation
AR/AP/Ledger (Gen. or Sub)
Currency Conversion
Unit Conversion
Document Management
System Wide

Workflow Management
Reporting / Business Intelligence
Canned Reports
Ad hoc Reporting
Executive Dashboard
BI tools

Copyright 2020 Commodity Technology Advisory llc 89 | P a g e

2020 CTRM SourceBook

ION Commodities - RightAngle

1345 Avenue of the Americas
49th Floor
New York, NY 10105 Product:
Phone: 1 212 906 0050 ION RightAngle
www.iongroup.com/ion-commodities/

ION RightAngle is a single, end-to-end E/CTRM solution for regional Number of Licensed Client Companies: Information not
and global integrated energy and commodity-intensive enterprises provided
that work across the crude oil, refined products, natural gas liquids Representative Clients: Information not provided
(NGL), coal, and other liquid and bulk commodity supply chains.
The solution supports front-to-back-office workflows, from physical
to financial deal capture for liquid and bulk commodities. Particular
strengths of the solution are the deep logistics, inventory
management, accounting, and tax capabilities combined with
integrated trading/marketing and risk management.
With straight-through-processing (STP) of supply and trading
information on a single platform, clients get an aggregated, real-time
volumetric and financial view of positions, profitability, and risk. As a
result, clients improve their ability to mitigate unwanted risk, improve Information not provided
decision making, and identify opportunity across the supply chain.
The ability to act quickly on that information is just as important.
RightAngle integrates trading, risk management, pricing, scheduling,
movement actualization, invoicing, and settlement in a single, unified
solution helping clients break down information silos, while providing
the confidence that each function is viewing and managing the same
data.
With its rich functionality and scalable architecture, RightAngle gives
clients a 360-degree view of their entire commodity and
trading/marketing process:
• A panoramic view of the entire supply chain activity
• An integrated asset management solution for fractionator, storage,
or pipeline asset owners to manage shipper interaction with a Information not provided
dedicated, integrated web portal
• Pricing: Capture all pricing and cost components required to
accurately calculate settlement, including transportation,
demurrage, product regrades, logistics costs, and differentials as
well as support for rack pricing, invoicing, and integration with
terminal automation system.
• Planning and risk management: Calculate mark-to-market, VaR,
Delivery Methods:
and Greeks across the portfolio.
• Scheduling: Manage the flow of all scheduling and inventory for all  On Premises
major transportation methods, including truck, rail, vessel voyages,  Hosted in Private Cloud
barge, and pipelines.  Hosted in Public Cloud
• Data and reporting: Break down information silos with seamlessly
integrated data, with each function viewing and managing the Office Locations and Phone:
same data.  London UK +44 20 7398 0200
• Settlement, tax, and accounting: Automate the process of pricing  Singapore +65 6671 9730
transactions, calculating the related taxes and other costs, creating  Tokyo, Japan +81 3 4550 1000
invoices, applying payments, initiating disbursements and account  Sydney, Australia +61 2 8239 8300
coding them appropriately.  Dallas, TX USA +1 214 237 8000
RightAngle offers a flexible framework to expand or customize the
standard market solutions. Delivery options include public cloud or
on-premise.

Copyright 2020 Commodity Technology Advisory llc 90 | P a g e

 2020 CTRM SourceBook

Vendor: ION Product Name: RightAngle Version: S20.1

Functionality is deployed and in production Not Deployed, but system is System is not currently capable of Not Applicable - Functionality not
at a client site capable of providing functionality providing that functionality
- applicable for Commodity
ENERGIES AGS & SOFTS METALS EMISSIONS
Natural Crude Ediable Concen- North Other Frieght
Function / Feature Power Gas Crude Products NGL Coal LNG BioFuels Grains Oils Softs Base trates Precious America Europe Bulk Rates

Production Mgmt./Generation - - - -
Production / Operations

Volumetric Management - - - - -
Net Back Pricing - - - - - - - - - - - -
DOI/Owner Balancing - - - - - - - - - - - - - -
Gas Gathering - - - - - - - - - - - - - - - - -
Gas Processing - - - - - - - - - - - - - - - -
Retail Ops. / Rack Mktg. - - - - - - - - - - - - - - -
Quality / Sampling - - - - -
Contract Management
Deal Origination
Credit Tracking
Curve Management
Portfolio Optimization
Supply-Demand Optimization
Pre-Deal Analytics "what if"
Trade Capture
Front Office / Trading

Physical
Financial
Exchange
Deal Types
Spot & Forwards
Futures
Swaps
Options
Swaptions
Transportation
Storage/Inventory - -
Complex Pricing
Position Management
Physical
Financial
Credit Risk
Hedge Effectiveness
Risk Management and Analysis

Analytics
Mark-to-Market
VaR - Monte Carlo
VaR - Other
Greeks
PaR/EaR
CVaR
Portfolio Sensitivity Analysis
Stress Testing
Simulations
Fair Value Disclosure
Vessel Frieght Risk -
Insurance - -
Inventory Management
Scheduling and Logisitics
Power Transmission - - - - - - - - - - - - - - - - -
North America - - - - - - - - - - - - - - - - -
Middle Office

Europe - - - - - - - - - - - - - - - - -
Pipeline - - - - - - - - - - - - - -
Barge - - - - -
Rail - - - - -
Truck - - - - -
Vessel - - - - -
Supply Chain Mgmt./Traceability - - - -
Regulatory Reporting
Settlement
Back Office

Actualization
Invoicing
Settlements/Reconciliation
Taxation
AR/AP/Ledger (Gen. or Sub)
Currency Conversion
Unit Conversion
Document Management
System Wide

Workflow Management
Reporting / Business Intelligence
Canned Reports
Ad hoc Reporting
Executive Dashboard
BI tools

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ION Commodities - TriplePoint

1345 Avenue of the Americas
49th Floor Product:
New York, NY 10105
Phone: 1 212 906 0050 ION TriplePoint
www.iongroup.com/ion-commodities/

Managing a global business across commodities, currencies, Number of Licensed Client Companies: Information not
markets, and teams can be complex and challenging. You need provided
a solution that lets you take command of your business to Representative Clients: Information not provided
make the right decisions at the right time. With ION’s
commodity trading and risk management (CTRM) TriplePoint,
you can take charge of your supply, trading, marketing,
procurement, logistics, scheduling, risk management, and
accounting, all in one solution. For companies that operate in
one or more segments of the energy and commodity global
supply chains, including power, gas, bulk, liquid as well as
agriculture and packaged commodities, TriplePoint provides
full front-to-back office support. Information not provided
Sophisticated real-time intelligence and automated processes
for production, sourcing, procurement, processing, marketing,
and distribution allows you the freedom to concentrate on
optimizing your business. TriplePoint provides you with
complete and accurate data at any moment, so you can make
the right decisions about the problems you face every day. It
precisely extracts the information necessary to support your
processes for commodities management.
Comprehensive risk management: Combine real-time risk
metrics such as VaR with sensitivity analysis, market
simulations, and stress testing.
Automation of routine tasks: Automate your transactional Information not provided
workflows, like confirming contracts, pricing, scheduling,
logistics, and financial settlement.
Regulatory compliance: Get full visibility for internal and
regulatory reporting compliance, control, and auditing.
Derivative accounting and disclosure reporting
Analytics and decision making: Use advanced business
intelligence and analytics, and high-performance data Delivery Methods:
aggregation to make better informed and proactive decisions.  SaaS
Flexible and fast performance: Integrate physical and financial  On Premises
 Hosted in Private Cloud
trading with straight-through processing; import data from
 Hosted in Public Cloud
other systems and view all critical information in real time.
One platform: Manage your market-based supply chains Office Locations and Phone:
across commodities to optimize trading, procurement,  London UK +44 20 7398 0200
distribution, scheduling, and hedging. Mange the entire  Singapore +65 6671 9730
business across commodities in one solution.  Tokyo, Japan +81 3 4550 1000
TriplePoint is a solution with strong agriculture capabilities  Sydney, Australia +61 2 8239 8300
 Dallas, TX USA +1 214 237 8000
supporting the robust requirements of high-volume physical
and financial trading along the agriculture supply chain.
TriplePoint is an excellent choice for international traders and
features dynamic reporting and price componentization. In
addition, TriplePoint provides dedicated modules designed for
coverage and spend management of food and beverage
consumer packaged goods (CPG) companies.

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Vendor: ION Product Name: TriplePoint Version: NA

Functionality is deployed and in production Not Deployed, but system is System is not currently capable of Not Applicable - Functionality not
at a client site capable of providing functionality providing that functionality
- applicable for Commodity
ENERGIES AGS & SOFTS METALS EMISSIONS
Natural Crude Ediable Concen- North Other Frieght
Function / Feature Power Gas Crude Products NGL Coal LNG BioFuels Grains Oils Softs Base trates Precious America Europe Bulk Rates

Production Mgmt./Generation - - - -
Production / Operations

Volumetric Management - - - - -
Net Back Pricing - - - - - - - - - - - -
DOI/Owner Balancing - - - - - - - - - - - - - -
Gas Gathering - - - - - - - - - - - - - - - - -
Gas Processing - - - - - - - - - - - - - - - -
Retail Ops. / Rack Mktg. - - - - - - - - - - - - - - -
Quality / Sampling - - - - -
Contract Management
Deal Origination
Credit Tracking
Curve Management
Portfolio Optimization
Supply-Demand Optimization
Pre-Deal Analytics "what if"
Trade Capture
Front Office / Trading

Physical
Financial
Exchange
Deal Types
Spot & Forwards
Futures
Swaps
Options
Swaptions
Transportation
Storage/Inventory - -
Complex Pricing
Position Management
Physical
Financial
Credit Risk
Hedge Effectiveness
Risk Management and Analysis

Analytics
Mark-to-Market
VaR - Monte Carlo
VaR - Other
Greeks
PaR/EaR
CVaR
Portfolio Sensitivity Analysis
Stress Testing
Simulations
Fair Value Disclosure
Vessel Frieght Risk -
Insurance - -
Inventory Management
Scheduling and Logisitics
Power Transmission - - - - - - - - - - - - - - - - -
North America - - - - - - - - - - - - - - - - -
Middle Office

Europe - - - - - - - - - - - - - - - - -
Pipeline - - - - - - - - - - - - - -
Barge - - - - -
Rail - - - - -
Truck - - - - -
Vessel - - - - -
Supply Chain Mgmt./Traceability - - - -
Regulatory Reporting
Settlement
Back Office

Actualization
Invoicing
Settlements/Reconciliation
Taxation
AR/AP/Ledger (Gen. or Sub)
Currency Conversion
Unit Conversion
Document Management
System Wide

Workflow Management
Reporting / Business Intelligence
Canned Reports
Ad hoc Reporting
Executive Dashboard
BI tools

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Lacima
Suite 7.01, Level 7, 56 Pitt St
Sydney NSW 2000
Australia Product:
Phone: 61 2 8320 7440
Lacima Trader & Analytics
www.lacima.com

Lacima is a multi-award winning specialist provider of software Number of Licensed Client Companies: 51
and advisory services dedicated to trading, valuation,
Representative Clients: Saudi Aramco Trading;
optimization and risk management for global energy and
ECOPetrol; Sembcorp; SOCAR Trading; Woodside Energy;
commodities markets. Its solutions help organisations to Scottish and Southern Energy
maximize their profit potential and make better informed
decisions by providing tools that yield more accurate valuations,
hedging analysis and risk exposure analysis for portfolios of
financial contracts and physical assets.

For 8 consecutive years, Lacima has been recognised by

market players in the Energy Risk software rankings as being
the #1 analytics vendor globally. Lacima has been named in the
Chartis RiskTech100 for the past three years and has won the
Risk Market Technology Awards for Pricing and Analytics -
Commodities for the last two years. Lacima has also been
named by Energy Risk as Analytics Provider of the Year (2015),
Technology House of the Year (2013) and Advisory Firm of the
Year (2008).

Lacima Analytics is the only commercially available single

application for valuation, optimization and risk management for
multi-commodity/ multi-geography and/or multi-asset portfolios.
The Lacima Trader suite of products for Front Office are
designed to work as stand-alone trading, structuring and
valuation tools capable of transparent drill down to detailed
outputs and value drivers. The Lacima Trader products use the
same underlying mathematical models and methodologies used
by Lacima Analytics allowing portfolio level analysis and a
consistent approach between trading and risk management.

Clients of Lacima's software and services include trading,

structuring, origination, valuation and risk teams in vertically
integrated energy companies, energy retailers, financial Delivery Methods:
institutions and large energy consumers in Europe, North  Traditional License
America and Australasia.  Term or Perpetual License
Lacima's internationally acclaimed approach stems from leading
Office Locations and Phone:
academic work in energy risk and valuation modelling by Lacima
founders Dr Les Clewlow and Dr Chris Strickland. The models  UK 44 20 3880 1488
and methodologies from their published works form the  US 303 926 4940
foundation of, not only Lacima's software and services, but also
many in-house development projects worldwide.

For further information, visit www.lacimagroup.com or email

[email protected].

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Vendor: Lacima Product Name: Lacima Trader & Analytics Version: v10
Functionality is deployed and in production Not Deployed, but system is System is not currently capable of Not Applicable - Functionality not
at a client site capable of providing functionality providing that functionality
- applicable for Commodity
ENERGIES AGS & SOFTS METALS EMISSIONS
Natural Crude Ediable Concen- North Other Frieght
Function / Feature Power Gas Crude Products NGL Coal LNG BioFuels Grains Oils Softs Base trates Precious America Europe Bulk Rates

Production Mgmt./Generation - - - -
Production / Operations

Volumetric Management - - - - -
Net Back Pricing - - - - - - - - - - - -
DOI/Owner Balancing - - - - - - - - - - - - - -
Gas Gathering - - - - - - - - - - - - - - - - -
Gas Processing - - - - - - - - - - - - - - - -
Retail Ops. / Rack Mktg. - - - - - - - - - - - - - - -
Quality / Sampling - - - - -
Contract Management
Deal Origination
Credit Tracking
Curve Management
Portfolio Optimization
Supply-Demand Optimization
Pre-Deal Analytics "what if"
Trade Capture
Front Office / Trading

Physical
Financial
Exchange
Deal Types
Spot & Forwards
Futures
Swaps
Options
Swaptions
Transportation
Storage/Inventory - -
Complex Pricing
Position Management
Physical
Financial
Credit Risk
Hedge Effectiveness
Risk Management and Analysis

Analytics
Mark-to-Market
VaR - Monte Carlo
VaR - Other
Greeks
PaR/EaR
CVaR
Portfolio Sensitivity Analysis
Stress Testing
Simulations
Fair Value Disclosure
Vessel Frieght Risk -
Insurance - -
Inventory Management
Scheduling and Logisitics
Power Transmission - - - - - - - - - - - - - - - - -
North America - - - - - - - - - - - - - - - - -
Middle Office

Europe - - - - - - - - - - - - - - - - -
Pipeline - - - - - - - - - - - - - -
Barge - - - - -
Rail - - - - -
Truck - - - - -
Vessel - - - - -
Supply Chain Mgmt./Traceability - - - -
Regulatory Reporting
Settlement
Back Office

Actualization
Invoicing
Settlements/Reconciliation
Taxation
AR/AP/Ledger (Gen. or Sub)
Currency Conversion
Unit Conversion
Document Management
System Wide

Workflow Management
Reporting / Business Intelligence
Canned Reports
Ad hoc Reporting
Executive Dashboard
BI tools

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Paragon, an MCG Company

20329 State Hwy 249 Product:
Suite 100
Houston, TX 77070
Energy Risk Management
Phone: (ERM)
www.mcgenergy.com

MCG’s Energy Risk Management (ERM) provides a Number of Licensed Client Companies: Information not
comprehensive real time picture of complex commodity provided
portfolios, risk metrics and limits that ensure compliance with Representative Clients: Motiva Enterprises, LLC; Avangrid
your organization’s risk policy. Renewables; Citadel; ARM Energy Group; Southern
ERM enables traders and utility merchants to quantify and Company; First Energy
manage forward exposure with a rich set of reporting and risk
metrics, custom reports and workflows that business analysts
can use without programming knowledge or assistance.

Delivery Methods:
 Traditional License
 SaaS: Multi-Tenanted
 Hosted in Private Cloud
 Hosted in Public Cloud

Office Locations and Phone:

 Minneapolis MN +1 612 376 7757

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Vendor: Paragon, an MCG Company Product Name: Energy Risk Management (ERM) Version: na
Functionality is deployed and in production Not Deployed, but system is System is not currently capable of Not Applicable - Functionality not
at a client site capable of providing functionality providing that functionality
- applicable for Commodity
ENERGIES AGS & SOFTS METALS EMISSIONS
Natural Crude Ediable Concen- North Other Frieght
Function / Feature Power Gas Crude Products NGL Coal LNG BioFuels Grains Oils Softs Base trates Precious America Europe Bulk Rates

Production Mgmt./Generation - - - -
Production / Operations

Volumetric Management - - - - -
Net Back Pricing - - - - - - - - - - - -
DOI/Owner Balancing - - - - - - - - - - - - - -
Gas Gathering - - - - - - - - - - - - - - - - -
Gas Processing - - - - - - - - - - - - - - - -
Retail Ops. / Rack Mktg. - - - - - - - - - - - - - - -
Quality / Sampling - - - - -
Contract Management
Deal Origination
Credit Tracking
Curve Management
Portfolio Optimization
Supply-Demand Optimization
Pre-Deal Analytics "what if"
Trade Capture
Front Office / Trading

Physical
Financial
Exchange
Deal Types
Spot & Forwards
Futures
Swaps
Options
Swaptions
Transportation
Storage/Inventory - -
Complex Pricing
Position Management
Physical
Financial
Credit Risk
Hedge Effectiveness
Risk Management and Analysis

Analytics
Mark-to-Market
VaR - Monte Carlo
VaR - Other
Greeks
PaR/EaR
CVaR
Portfolio Sensitivity Analysis
Stress Testing
Simulations
Fair Value Disclosure
Vessel Frieght Risk -
Insurance - -
Inventory Management
Scheduling and Logisitics
Power Transmission - - - - - - - - - - - - - - - - -
North America - - - - - - - - - - - - - - - - -
Middle Office

Europe - - - - - - - - - - - - - - - - -
Pipeline - - - - - - - - - - - - - -
Barge - - - - -
Rail - - - - -
Truck - - - - -
Vessel - - - - -
Supply Chain Mgmt./Traceability - - - -
Regulatory Reporting
Settlement
Back Office

Actualization
Invoicing
Settlements/Reconciliation
Taxation
AR/AP/Ledger (Gen. or Sub)
Currency Conversion
Unit Conversion
Document Management
System Wide

Workflow Management
Reporting / Business Intelligence
Canned Reports
Ad hoc Reporting
Executive Dashboard
BI tools

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Molecule Software
3262 Westheimer Road
Suite 887
Houston TX USA 77098 Product:
Phone: +1 832 464 4037 Molecule
www.molecule.io

Molecule lets risk and operations managers at commodities Number of Licensed Client Companies: Information not
trading companies go home earlier, by automating routine provided
tasks and complex calculations. It is next-generation P&L, Representative Clients: Information not provided
near-time VaR, position, and risk analytics software for any
company that trades commodities. The software is designed
for electricity, natural gas, crude, liquids, metals, ags, softs,
and FX options/futures. Many customers use Molecule as the
central hub of their CTRM network.

Molecule uses the latest enterprise software technology to

make the risk system light, fast, and easy-to-use – a first in
the industry. The company was started with the idea that
multi-million-dollar technology should be more awesome than
the 99-cent apps you use on your phone.

As a cloud-native product, customers get more data security

and reliability while enjoying a SaaS pricing model and regular
product upgrades with no interruption to service.

Integrations can be completed in 90 days or less – from start-

to-finish. There are no additional integration fees required to
use Molecule.

Once up and running on Molecule, customers have access to:

• Automatic deal capture

• Automatic market data
• Automatic position, P&L, near-time VaR, and risk Delivery Methods:
• Advanced and custom reporting with an embedded BI tool  SaaS: Multi-Tenanted
• Automatic FCM reconciliation Office Locations and Phone:
• ISO connectivity for FTRs & virtuals  Houston TX USA +1 832 464 4037
• Connections to multiple exchanges and market data
providers
• Fund allocations

Based in Houston, Texas, the Molecule team serves IPPs,

hedge funds, energy marketers, and advisors, and Fortune
100 energy companies in North America and worldwide.

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Vendor: Molecule Software Product Name: Molecule Version: 200

Functionality is deployed and in production Not Deployed, but system is System is not currently capable of Not Applicable - Functionality not
at a client site capable of providing functionality providing that functionality
- applicable for Commodity
ENERGIES AGS & SOFTS METALS EMISSIONS
Natural Crude Ediable Concen- North Other Frieght
Function / Feature Power Gas Crude Products NGL Coal LNG BioFuels Grains Oils Softs Base trates Precious America Europe Bulk Rates
Production Mgmt./Generation - - - -
Production / Operations

Volumetric Management - - - - -
Net Back Pricing - - - - - - - - - - - -
DOI/Owner Balancing - - - - - - - - - - - - - -
Gas Gathering - - - - - - - - - - - - - - - - -
Gas Processing - - - - - - - - - - - - - - - -
Retail Ops. / Rack Mktg. - - - - - - - - - - - - - - -
Quality / Sampling - - - - -
Contract Management
Deal Origination
Credit Tracking
Curve Management
Portfolio Optimization
Supply-Demand Optimization
Pre-Deal Analytics "what if"
Trade Capture
Front Office / Trading

Physical
Financial
Exchange
Deal Types
Spot & Forwards
Futures
Swaps
Options
Swaptions
Transportation
Storage/Inventory - -
Complex Pricing
Position Management
Physical
Financial
Credit Risk
Hedge Effectiveness
Risk Management and Analysis

Analytics
Mark-to-Market
VaR - Monte Carlo
VaR - Other
Greeks
PaR/EaR
CVaR
Portfolio Sensitivity Analysis
Stress Testing
Simulations
Fair Value Disclosure
Vessel Frieght Risk -
Insurance - -
Inventory Management
Scheduling and Logisitics
Power Transmission - - - - - - - - - - - - - - - - -
North America - - - - - - - - - - - - - - - - -
Middle Office

Europe - - - - - - - - - - - - - - - - -
Pipeline - - - - - - - - - - - - - -
Barge - - - - -
Rail - - - - -
Truck - - - - -
Vessel - - - - -
Supply Chain Mgmt./Traceability - - - -
Regulatory Reporting
Settlement
Back Office

Actualization
Invoicing
Settlements/Reconciliation
Taxation
AR/AP/Ledger (Gen. or Sub)
Currency Conversion
Unit Conversion
Document Management
System Wide

Workflow Management
Reporting / Business Intelligence
Canned Reports
Ad hoc Reporting
Executive Dashboard
BI tools

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OATI
3660 Technology Drive NE
Minneapolis, MN 55418
USA Product:
Phone: 763 201 2000 webTrader / webCTRM
www.oati.net

OATI is a leading provider of Commodity Trading and Risk Number of Licensed Client Companies: 82
Management products and services. With more than 1,400
Representative Clients: Occidental Petroleum; Arizona
energy industry customers, OATI successfully deploys large, Public Service; Seattle City & Light
complicated, and diverse mission-critical applications
committed to industry standards and stringent NERC CIP
guidelines. In the CRTM space, OATI serves trading entities,
investment banks, hedge funds, and retail utilities.

The OATI webCTRM and webTrader are designed for asset-

centric and trading focused companies, capturing physical
and financial transactions, modeling and valuing assets, and
supporting operations and settlement processes. With Real-
Time data management and all necessary front, mid, and
back office functions across multiple commodities, OATI's
solution provides cutting-edge CTRM functionality, rich in
features and strong in performance.

OATI's CTRM products are organically developed and

therefore share common technology and native integration.
This organic build has distinct advantages that include:

• Similar look and feel across modules

• One vendor to contact for all issues and questions
• No 3rd party integration costs
• Secure and controlled code sets

OATI’s high-availability Private Cloud consists of a FedRAMP

Ready Infrastructure. This infrastructure is designed to be
Delivery Methods:
highly scalable in terms of transaction volume, interface
 Traditional License
growth, data transfer, number of users, and the number of  SaaS: Multi-Tenanted
modules.
Office Locations and Phone:
 United States 763 201 2000

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Vendor: OATI Product Name: webTrader / webCTRM Version: 9.x

Functionality is deployed and in production Not Deployed, but system is System is not currently capable of Not Applicable - Functionality not
at a client site capable of providing functionality providing that functionality
- applicable for Commodity
ENERGIES AGS & SOFTS METALS EMISSIONS
Natural Crude Ediable Concen- North Other Frieght
Function / Feature Power Gas Crude Products NGL Coal LNG BioFuels Grains Oils Softs Base trates Precious America Europe Bulk Rates
Production Mgmt./Generation - - - -
Production / Operations

Volumetric Management - - - - -
Net Back Pricing - - - - - - - - - - - -
DOI/Owner Balancing - - - - - - - - - - - - - -
Gas Gathering - - - - - - - - - - - - - - - - -
Gas Processing - - - - - - - - - - - - - - - -
Retail Ops. / Rack Mktg. - - - - - - - - - - - - - - -
Quality / Sampling - - - - -
Contract Management
Deal Origination
Credit Tracking
Curve Management
Portfolio Optimization
Supply-Demand Optimization
Pre-Deal Analytics "what if"
Trade Capture
Front Office / Trading

Physical
Financial
Exchange
Deal Types
Spot & Forwards
Futures
Swaps
Options
Swaptions
Transportation
Storage/Inventory - -
Complex Pricing
Position Management
Physical
Financial
Credit Risk
Hedge Effectiveness
Risk Management and Analysis

Analytics
Mark-to-Market
VaR - Monte Carlo
VaR - Other
Greeks
PaR/EaR
CVaR
Portfolio Sensitivity Analysis
Stress Testing
Simulations
Fair Value Disclosure
Vessel Frieght Risk -
Insurance - -
Inventory Management
Scheduling and Logisitics
Power Transmission - - - - - - - - - - - - - - - - -
North America - - - - - - - - - - - - - - - - -
Middle Office

Europe - - - - - - - - - - - - - - - - -
Pipeline - - - - - - - - - - - - - -
Barge - - - - -
Rail - - - - -
Truck - - - - -
Vessel - - - - -
Supply Chain Mgmt./Traceability - - - -
Regulatory Reporting
Settlement
Back Office

Actualization
Invoicing
Settlements/Reconciliation
Taxation
AR/AP/Ledger (Gen. or Sub)
Currency Conversion
Unit Conversion
Document Management
System Wide

Workflow Management
Reporting / Business Intelligence
Canned Reports
Ad hoc Reporting
Executive Dashboard
BI tools

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PCI (Power Costs Inc.)

301 David L. Boren Blvd
Suite 2000
Norman Ok 73072 USA
Product:
Phone: 1 405 447 6933 PCI Energy Platform
www.powercosts.com

PCI is the leading, worldwide provider of enterprise software, Number of Licensed Client Companies: 92
superior customer support, and value-added services to energy Representative Clients: Alliant Energy; CPS Energy;
market participants. The PCI Platform is a one-stop software Tacoma Power; RWE; CFE-Mexico; Colorado Springs
solution for multiple companies including Utilities (investor- Utilities
owned, public power and cooperative), federal power
administrations, independent power producers and energy
marketers/traders. More than half of all the power generated in
North America is optimized using the PCI Platform and nearly
70% of Fortune 500 Utilities are clients who reply. The firm is
privately held and based in Norman (OK) with regional offices in
Houston (TX), Raleigh (NC) and Mexico City.

The PCI ETRM platform supports the 'end-to-end' workflow - both

inside and outside of ISO-controlled markets and, its capabilities
have steadily expanded in collaboration with customers to
address comprehensive functionality to support power trading
and fuels management. Key ETRM features such as deal
capture, position management, risk management/analytics,
gas/power scheduling and settlements are seamlessly
incorporated in the platform. Breadth of PCI’s ETRM has grown
tremendously to include built-in connections to all
ISOs/RTOs/TSOs (including those in Canada and Mexico), as
well as to CME, ICE, NASB, OASIS and E-Tagging.

The PCI team has instituted a unique approach to developing its

ETRM platform that is based on a fully integrated, 360°
perspective that has resulted in a singular solution for most (if not
all) commercial operations, including C&I retail, trading and
logistics requirements. Crucially, it is part of an overarching
enterprise software platform that provides a broad array of very Delivery Methods:
robust capabilities to address needs spanning from the  Traditional License
EMS/SCADA function through Enterprise Resource Planning  SaaS: Multi-Tenanted
 Hosted in Private Cloud
(ERP). Further, PCI’s ETRM not only addresses the wide-  Hosted in Public Cloud
ranging needs of energy companies in North America, but its
application is being extended for implementation in other Office Locations and Phone:
international markets starting with Australia and Europe.  Norman, OK, USA +1 405 747 0877
 Houston TX, USA +1 713 626 3399
With rapid deployment features the PCI ETRM solution can be
 Mexico City, Mexico +52 81 5351 1614
deployed as a secure, cloud hosted application or as an on-
premise solution. PCI provides 24x7 customer support to clients
for mission critical operations of today’s energy trading.

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Vendor: PCI (Power Costs Inc.) Product Name: PCI Energy Platform Version: 20.2
Functionality is deployed and in production Not Deployed, but system is System is not currently capable of Not Applicable - Functionality not
at a client site capable of providing functionality providing that functionality
- applicable for Commodity
ENERGIES AGS & SOFTS METALS EMISSIONS
Natural Crude Ediable Concen- North Other Frieght
Function / Feature Power Gas Crude Products NGL Coal LNG BioFuels Grains Oils Softs Base trates Precious America Europe Bulk Rates
Production Mgmt./Generation - - - -
Production / Operations

Volumetric Management - - - - -
Net Back Pricing - - - - - - - - - - - -
DOI/Owner Balancing - - - - - - - - - - - - - -
Gas Gathering - - - - - - - - - - - - - - - - -
Gas Processing - - - - - - - - - - - - - - - -
Retail Ops. / Rack Mktg. - - - - - - - - - - - - - - -
Quality / Sampling - - - - -
Contract Management
Deal Origination
Credit Tracking
Curve Management
Portfolio Optimization
Supply-Demand Optimization
Pre-Deal Analytics "what if"
Trade Capture
Front Office / Trading

Physical
Financial
Exchange
Deal Types
Spot & Forwards
Futures
Swaps
Options
Swaptions
Transportation
Storage/Inventory - -
Complex Pricing
Position Management
Physical
Financial
Credit Risk
Hedge Effectiveness
Risk Management and Analysis

Analytics
Mark-to-Market
VaR - Monte Carlo
VaR - Other
Greeks
PaR/EaR
CVaR
Portfolio Sensitivity Analysis
Stress Testing
Simulations
Fair Value Disclosure
Vessel Frieght Risk -
Insurance - -
Inventory Management
Scheduling and Logisitics
Power Transmission - - - - - - - - - - - - - - - - -
North America - - - - - - - - - - - - - - - - -
Middle Office

Europe - - - - - - - - - - - - - - - - -
Pipeline - - - - - - - - - - - - - -
Barge - - - - -
Rail - - - - -
Truck - - - - -
Vessel - - - - -
Supply Chain Mgmt./Traceability - - - -
Regulatory Reporting
Settlement
Back Office

Actualization
Invoicing
Settlements/Reconciliation
Taxation
AR/AP/Ledger (Gen. or Sub)
Currency Conversion
Unit Conversion
Document Management
System Wide

Workflow Management
Reporting / Business Intelligence
Canned Reports
Ad hoc Reporting
Executive Dashboard
BI tools

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Pioneer Solutions
7400 E Orchard Rd.
Suite 170 S
Greenwood Village, CO 80111
Product:
Phone: 303 758 3780 TRMTracker
www.pioneersolutionsglobal.com

Pioneer Solutions is a global provider of award-winning Number of Licensed Client Companies: Information not
provided
C/ETRM, environmental management and financial and
Representative Clients: Xcel Energy; PNM; Consumers
regulatory compliance solutions. Since 2003, Pioneer
Energy; Essent; RWE; ACT Commodities
has been serving some of the largest energy
companies, utilities and midstream producers in the US
and Europe.

Pioneer’s innovative and flexible solutions have been

organically built for rapid implementation and superior
services at an overall lower cost of ownership.
Pioneer’s suite of ETRM solutions are based on its web
based FARRMS platform and offer comprehensive
front, middle, and back office process management for
both physical and financial trades of all asset classes
and commodity types.

Developed from the back to the front, resulting in

industry-leading data processing and reporting
capability, Pioneer’s modern easy-to-use applications
deliver ready “out-of-the-box” or tailored functionality
designed for ease of implementation and integration
with existing systems.

With a user-configurable environment for less reliance

on vendor services, and with deployment options
Delivery Methods:
including a cloud-based Software-as-a-Service offering
 Traditional License
via www.trmtracker.com, Pioneer offers a fresh
 SaaS: Multi-Tenanted
alternative to legacy C/ETRM systems.  Hosted in Private Cloud
 Hosted in Public Cloud

Office Locations and Phone:

 Netherlands, Rotterdam +31 6 832 094 04
 Denver, CO, USA +1 303 758 3780

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Vendor: Pioneer Solutions Product Name: TRMTracker Version: 5

Functionality is deployed and in production Not Deployed, but system is System is not currently capable of Not Applicable - Functionality not
at a client site capable of providing functionality providing that functionality
- applicable for Commodity
ENERGIES AGS & SOFTS METALS EMISSIONS
Natural Crude Ediable Concen- North Other Frieght
Function / Feature Power Gas Crude Products NGL Coal LNG BioFuels Grains Oils Softs Base trates Precious America Europe Bulk Rates

Production Mgmt./Generation - - - -
Production / Operations

Volumetric Management - - - - -
Net Back Pricing - - - - - - - - - - - -
DOI/Owner Balancing - - - - - - - - - - - - - -
Gas Gathering - - - - - - - - - - - - - - - - -
Gas Processing - - - - - - - - - - - - - - - -
Retail Ops. / Rack Mktg. - - - - - - - - - - - - - - -
Quality / Sampling - - - - -
Contract Management
Deal Origination
Credit Tracking
Curve Management
Portfolio Optimization
Supply-Demand Optimization
Pre-Deal Analytics "what if"
Trade Capture
Front Office / Trading

Physical
Financial
Exchange
Deal Types
Spot & Forwards
Futures
Swaps
Options
Swaptions
Transportation
Storage/Inventory - -
Complex Pricing
Position Management
Physical
Financial
Credit Risk
Hedge Effectiveness
Risk Management and Analysis

Analytics
Mark-to-Market
VaR - Monte Carlo
VaR - Other
Greeks
PaR/EaR
CVaR
Portfolio Sensitivity Analysis
Stress Testing
Simulations
Fair Value Disclosure
Vessel Frieght Risk -
Insurance - -
Inventory Management
Scheduling and Logisitics
Power Transmission - - - - - - - - - - - - - - - - -
North America - - - - - - - - - - - - - - - - -
Middle Office

Europe - - - - - - - - - - - - - - - - -
Pipeline - - - - - - - - - - - - - -
Barge - - - - -
Rail - - - - -
Truck - - - - -
Vessel - - - - -
Supply Chain Mgmt./Traceability - - - -
Regulatory Reporting
Settlement
Back Office

Actualization
Invoicing
Settlements/Reconciliation
Taxation
AR/AP/Ledger (Gen. or Sub)
Currency Conversion
Unit Conversion
Document Management
System Wide

Workflow Management
Reporting / Business Intelligence
Canned Reports
Ad hoc Reporting
Executive Dashboard
BI tools

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SAP SE
Dietmar-Hopp-Allee 16 Product:
69190 Walldorf
Germany
SAP Commodity
Phone: +49 (0) 6227 / 7-47474 Management Solution
www.sap.com

SAP is the market leader in enterprise application software, Number of Licensed Client Companies: >200
helping companies of all sizes and in all industries run at their Representative Clients: Information not provided
best: 77% of the world’s transaction revenue touches an SAP
system. Our machine learning, Internet of Things (IoT), and
advanced analytics technologies help turn customers’
businesses into intelligent enterprises. Our end-to-end suite of
applications and services enables our customers to operate
profitably, adapt continuously, and make a difference. With a
global network of customers, partners, employees, and thought
Information not provided
leaders, SAP helps the world run better and improves people’s
lives.

The SAP Commodity Management solution enables customers

to run fast, intelligent and tightly integrated commodity trading
and risk management processes with enterprise resource
planning (ERP) systems from SAP, natively and seamlessly
integrated with the ERP components and processes. The SAP
Commodity Management solution is available for SAP S/4HANA
as well as in the SAP Business Suite software. The solution is
designed to enable enterprises to buy, sell or trade physical
commodities. It provides real time and end of day commodity
risk analytics and enables organisations to manage price risks Information not provided
with financial commodity derivatives. SAP Commodity
Management is commodity agnostic and provides functionality
to manage the whole spectrum from very complex pricing
mechanics to straight forward manual future and basis pricing.
It comes with a query based commodity risk analytics layer that
Delivery Methods:
is able to be consumed by the broad range of tools within the
SAP Analytics portfolio. The SAP Commodity Management  Traditional License
 Hosted in Private Cloud
solution includes the SAP Commodity Procurement, SAP
Agricultural Contract Management, SAP Commodity Sales and
Office Locations and Phone:
SAP Commodity Risk Management applications. SAP
 SAP has office locations in more than 78 countries and
Commodity Management for SAP S/4HANA is part of the digital on most continents.
core for implementing new technologies such as artificial  For office locations, please see:
https://www.sap.com/corporate/en/company/office-locations.html
intelligence through machine learning, robotic process
automation, conversational AI for natural language processing,
predictive analytics and blockchain technology. This opens a
huge opportunity for SAP, their implementation partners and
Commodity Management customers to deliver and build the
intelligent enterprise for all commodity related businesses.

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Vendor: SAP SE Product Name: SAP Commodity Management solution Version: SAP S/4HANA 1909
Functionality is deployed and in production Not Deployed, but system is System is not currently capable of Not Applicable - Functionality not
at a client site capable of providing functionality providing that functionality
- applicable for Commodity
ENERGIES AGS & SOFTS METALS EMISSIONS
Natural Crude Ediable Concen- North Other Frieght
Function / Feature Power Gas Crude Products NGL Coal LNG BioFuels Grains Oils Softs Base trates Precious America Europe Bulk Rates

Production Mgmt./Generation - - - -
Production / Operations

Volumetric Management - - - - -
Net Back Pricing - - - - - - - - - - - -
DOI/Owner Balancing - - - - - - - - - - - - - -
Gas Gathering - - - - - - - - - - - - - - - - -
Gas Processing - - - - - - - - - - - - - - - -
Retail Ops. / Rack Mktg. - - - - - - - - - - - - - - -
Quality / Sampling - - - - -
Contract Management
Deal Origination
Credit Tracking
Curve Management
Portfolio Optimization
Supply-Demand Optimization
Pre-Deal Analytics "what if"
Trade Capture
Front Office / Trading

Physical
Financial
Exchange
Deal Types
Spot & Forwards
Futures
Swaps
Options
Swaptions
Transportation
Storage/Inventory - -
Complex Pricing
Position Management
Physical
Financial
Credit Risk
Hedge Effectiveness
Risk Management and Analysis

Analytics
Mark-to-Market
VaR - Monte Carlo
VaR - Other
Greeks
PaR/EaR
CVaR
Portfolio Sensitivity Analysis
Stress Testing
Simulations
Fair Value Disclosure
Vessel Frieght Risk -
Insurance - -
Inventory Management
Scheduling and Logisitics
Power Transmission - - - - - - - - - - - - - - - - -
North America - - - - - - - - - - - - - - - - -
Middle Office

Europe - - - - - - - - - - - - - - - - -
Pipeline - - - - - - - - - - - - - -
Barge - - - - -
Rail - - - - -
Truck - - - - -
Vessel - - - - -
Supply Chain Mgmt./Traceability - - - -
Regulatory Reporting
Settlement
Back Office

Actualization
Invoicing
Settlements/Reconciliation
Taxation
AR/AP/Ledger (Gen. or Sub)
Currency Conversion
Unit Conversion
Document Management
System Wide

Workflow Management
Reporting / Business Intelligence
Canned Reports
Ad hoc Reporting
Executive Dashboard
BI tools

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Trilogy Effective Software Solutions, Inc.

14114 North Dallas Parkway
Suite 330
Dallas, TX 75254 USA Product:
Phone: 214 908 7152
TIES
www.trilogyeffective.com

The Integrated Energy System (TIES) is for Gas, Oil and NGL Number of Licensed Client Companies: 20
producers, Gatherer/Transporters, Plant Processors and Representative Clients: Kinder Morgan; Enlink; Marathon
Oil; Aethon; Society Generale; Flywheel Energy
Marketer/Shippers. TIES combines depth of functionality
combined with the ability to customize, automate and analyze in
order to provide consistent results while saving time.

TIES offers solutions for the following primary roles:

• Producers: Production AFS, Delivery Profile, Wellhead

Scheduling, Netback Pricing, Division Order, Owner
Balancing, Revenue Distribution, Royalty Payment, Plant
Estimate/Settlele
• Gatherers/Transporters: Nominations, Confirms, Actuals,
Balances, Cash Outs, Storage, OBA Management, Volume
Allocaion, Invoicing, EBB
• Gas Processors: Plant Allocations, Settlements, Fixed
Recovery, POP, Keep Whole (etc.), Field, Commercial,
Straddle Plant, Plant Bypass, Return to Lease, Product
Sales, Storage Management, Purchase/Sales
• Marketers/Shippers: Buy/Sell/Move, Trade Room, Storage,
Scheduling, Imbalance Management, Risk Management,
Position Management, interfaces with
Platts/ICE/NGI/Nymex/etc.

Most companies do business across 2 or more of these industry

roles. TIES seamlessly integrates these roles together.

TIES also provides solutions for Contract Administration, Delivery Methods:

Accounting (A/R, A/P, Netting, Taxes, PPAs), Auditing, Rules  Traditional License
 Hosted in Public Cloud
and Automation, Ad Hoc Reporting, File Import/Export.

Office Locations and Phone:

 Dallas TX USA +1 214 908 7152

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Vendor: Trilogy Effective Software Solutions, Inc. Product Name: TIES Version: 19
Functionality is deployed and in production Not Deployed, but system is System is not currently capable of Not Applicable - Functionality not
at a client site capable of providing functionality providing that functionality
- applicable for Commodity
ENERGIES AGS & SOFTS METALS EMISSIONS
Natural Crude Ediable Concen- North Other Frieght
Function / Feature Power Gas Crude Products NGL Coal LNG BioFuels Grains Oils Softs Base trates Precious America Europe Bulk Rates
Production Mgmt./Generation - - - -
Production / Operations

Volumetric Management - - - - -
Net Back Pricing - - - - - - - - - - - -
DOI/Owner Balancing - - - - - - - - - - - - - -
Gas Gathering - - - - - - - - - - - - - - - - -
Gas Processing - - - - - - - - - - - - - - - -
Retail Ops. / Rack Mktg. - - - - - - - - - - - - - - -
Quality / Sampling - - - - -
Contract Management
Deal Origination
Credit Tracking
Curve Management
Portfolio Optimization
Supply-Demand Optimization
Pre-Deal Analytics "what if"
Trade Capture
Front Office / Trading

Physical
Financial
Exchange
Deal Types
Spot & Forwards
Futures
Swaps
Options
Swaptions
Transportation
Storage/Inventory - -
Complex Pricing
Position Management
Physical
Financial
Credit Risk
Hedge Effectiveness
Risk Management and Analysis

Analytics
Mark-to-Market
VaR - Monte Carlo
VaR - Other
Greeks
PaR/EaR
CVaR
Portfolio Sensitivity Analysis
Stress Testing
Simulations
Fair Value Disclosure
Vessel Frieght Risk -
Insurance - -
Inventory Management
Scheduling and Logisitics
Power Transmission - - - - - - - - - - - - - - - - -
North America - - - - - - - - - - - - - - - - -
Middle Office

Europe - - - - - - - - - - - - - - - - -
Pipeline - - - - - - - - - - - - - -
Barge - - - - -
Rail - - - - -
Truck - - - - -
Vessel - - - - -
Supply Chain Mgmt./Traceability - - - -
Regulatory Reporting
Settlement
Back Office

Actualization
Invoicing
Settlements/Reconciliation
Taxation
AR/AP/Ledger (Gen. or Sub)
Currency Conversion
Unit Conversion
Document Management
System Wide

Workflow Management
Reporting / Business Intelligence
Canned Reports
Ad hoc Reporting
Executive Dashboard
BI tools

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W Energy Software
One West Third
Suite 1115
Tulsa, OK 74103
Product:
Phone: 855-466-7808 Commodity Management
www.wenergysoftware.com

W Energy Software (formerly known as Waterfield) was Number of Licensed Client Companies: Information not
provided
founded in 2009, and is headquartered in Tulsa,
Representative Clients: Information not provided
Oklahoma with presences in Houston, Dallas and Denver.
The current executive team at W Energy Software has an
average of 25 years of experience in energy software
development and is leading W Energy Software through a
period of tremendous growth and market acceptance.

W Energy Software is an established provider of a unified

Upstream and Midstream ERP platform. The company Information not provided
has seen tremendous organic growth, along with growth
through acquisition. W acquired the Production
Operations application Neofirma in the summer of 2019.

W Energy Software is known throughout the industry for

providing outstanding customer service and innovative
technology at the lowest total cost of ownership. W
Energy Software uses the latest cloud technologies and
process excellence to provide a unified, transparent
energy supply chain and commodity management
capabilities to a broad range of Energy clients. W Energy
Software has taken its unparalleled physical commodity
experience from the Upstream and Midstream segments
and is extending the capability to handle all facets of the
Commodity Management (CM) space.
Delivery Methods:
W Energy Software’s CM capability is focused on the
 Traditional License
complete physical and financial energy supply chain from  SaaS: Multi-Tenanted
wellhead to citygate, from contract to general ledger,  Hosted in Public Cloud
from trade to cash. The major areas of innovation for W Office Locations and Phone:
Energy Software include physical and financial trading,
 Houston TX
risk management, credit, optimized logistics, and  Dallas
accounting. W Energy Software’s calculation-trace  Denver

engine offers the industry’s only complete insight into

resolved settlement values, netback and tax calculations.
W Energy Software also takes data analytics to the next
level providing end users with visualization of data
throughout the application along with association graphs
giving end users a holistic view to how the data is used
throughout the commodity lifecycle.

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Vendor: W Energy Software Product Name: Commodity Management Version: 10

Functionality is deployed and in production Not Deployed, but system is System is not currently capable of Not Applicable - Functionality not
at a client site capable of providing functionality providing that functionality
- applicable for Commodity
ENERGIES AGS & SOFTS METALS EMISSIONS
Natural Crude Ediable Concen- North Other Frieght
Function / Feature Power Gas Crude Products NGL Coal LNG BioFuels Grains Oils Softs Base trates Precious America Europe Bulk Rates
Production Mgmt./Generation - - - -
Production / Operations

Volumetric Management - - - - -
Net Back Pricing - - - - - - - - - - - -
DOI/Owner Balancing - - - - - - - - - - - - - -
Gas Gathering - - - - - - - - - - - - - - - - -
Gas Processing - - - - - - - - - - - - - - - -
Retail Ops. / Rack Mktg. - - - - - - - - - - - - - - -
Quality / Sampling - - - - -
Contract Management
Deal Origination
Credit Tracking
Curve Management
Portfolio Optimization
Supply-Demand Optimization
Pre-Deal Analytics "what if"
Trade Capture
Front Office / Trading

Physical
Financial
Exchange
Deal Types
Spot & Forwards
Futures
Swaps
Options
Swaptions
Transportation
Storage/Inventory - -
Complex Pricing
Position Management
Physical
Financial
Credit Risk
Hedge Effectiveness
Risk Management and Analysis

Analytics
Mark-to-Market
VaR - Monte Carlo
VaR - Other
Greeks
PaR/EaR
CVaR
Portfolio Sensitivity Analysis
Stress Testing
Simulations
Fair Value Disclosure
Vessel Frieght Risk -
Insurance - -
Inventory Management
Scheduling and Logisitics
Power Transmission - - - - - - - - - - - - - - - - -
North America - - - - - - - - - - - - - - - - -
Middle Office

Europe - - - - - - - - - - - - - - - - -
Pipeline - - - - - - - - - - - - - -
Barge - - - - -
Rail - - - - -
Truck - - - - -
Vessel - - - - -
Supply Chain Mgmt./Traceability - - - -
Regulatory Reporting
Settlement
Back Office

Actualization
Invoicing
Settlements/Reconciliation
Taxation
AR/AP/Ledger (Gen. or Sub)
Currency Conversion
Unit Conversion
Document Management
System Wide

Workflow Management
Reporting / Business Intelligence
Canned Reports
Ad hoc Reporting
Executive Dashboard
BI tools

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Other Vendors
Other Vendors

The following vendors (not necessarily an all-encompassing list) also provide varying levels of ETRM, CTRM
or CM capabilities. For more information on each and others, please consult the CTRMCenter.com vendor
directory at https://www.ctrmcenter.com/resources/ or their individual websites.

ABB (Ventyx) Dycotrade

Adapt2 Ebb&Flow

Albedo Energy Consulting Egar Technology

Ascend Analytics EMK3

Atos Worldgrid Enegen

Blacklight Systems Ensite

Cadran Ensyte

Calvus Solutions ESP Consulting

CDA Software Eximware

Chinsay Graintrack

CMS GSML

Commodity Risk Solutions Intstream

CoreTRM IP Systems

cQuant.io IPEsoft

Crisk iRely

Cubiq iRisk

Cultura Kisters

DMS Kynetix

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KYOS SCA Technology

Markit Sinergetica

Microstep Sisu Group

Momentum3 Soflutions

Murex Softsmiths

P2 Energy Systems Soptim AG

PCR Square Four

PerfectChannel Talman Solutions

Planlogic Tech Mahindra

Powel Tegos

Power Settlements Three Rivers Cotton System

Previse Systems Tradepaq

ProCom Tradex

Progressive SW TransGRAPH Consulting

Qbill Transition Technologies

Quantifi Solutions Trayport (Visotech)

Quantrisk Unicorn Systems

Quorum Business Solutions Utilidex

Ringhel Utiligroup

RSDi Virtimo

SAS RiskAdvisory

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About Commodity Technology Advisory
About Commodity Technology Advisory LLC

© 2020 Commodity Technology Advisory llc 124 | P a g e