Selecting a commodity trade risk management (CTRM) software vendor commits you to a long-term partnership. Some CTRM software vendors are more committed to a partnership and good customer relations than others. Enuit prides itself on this point: All Enuit clients are happy with Enuit’s risk management software, service, and support. We welcome you to join our list of satisfied customers.
Our customers can expect Enuit to keep our ETRM CTRM solution: Entrade current and up to date. ENTRADE® is continually being enhanced and upgraded with new and important features and functions.
Enuit makes sure that migrating from one version of ENTRADE® to the next is painless. This isn’t true of every CTRM software vendor. You won’t find another software provider more committed to, and with a better track record of, software version management.
One “Gotcha” Enuit avoids is custom software patches or product extensions, so-called, which are not part of a product’s migration path. Non-upgradable product extensions are very common with software from other vendors. But, not at Enuit.
Instead, we build software modifications into our core product. And, we ensure that one version easily migrates to the next version, painlessly. The benefit is that each of our clients gets to share the benefits of enhancements to ENTRADE® without a great deal of upgrade costs.
ENTRADE® for CTRM and ETRM really works. It has all the functions you need to run your commodity trading business. It helps you with:
- Negotiating and recording deals
- Scheduling physical commodity movements
- Tracking primary and secondary costs
- Monitoring inventory levels and costs
- Actualizing deal volumes
- Valuation of deals
- Calculating settlement amounts
- Generating invoices
- Monitoring all business- and market-related risks
- Providing useful reports for all aspects of business
ENTRADE® for CTRM and ETRM also handles the little details, which trip up many similar risk management systems. For instance, what if a system like ENTRADE® did not correctly convert units of measure, which is something you would naturally take for granted? Answer: Big reporting problems.
Fortunately for you, ENTRADE® has all the business rules to convert between volumetric measurement units, price measurement units, differing contractual and reporting currencies, and resulting FX exposures.
ENTRADE® for ETRM and CTRM has an advanced analytical pricing engine to decompose embedded risks in even the most complicated price formulas imaginable. And, it correctly calculates settlement values for priced-in deals.
So, whether you trade physical or financial commodities, purchases or sales, buy-sells or exchanges, you can be assured that ENTRADE® will correctly report risk exposures and generate both estimated and final invoiceable settlements.