Energy Trading and Risk Management (ETRM) systems have grabbed the central position in the energy industry and are piloting the entire business activity. Along with risk and trade management, ETRM systems now also encompass strategy, compliance, accounting, and analytics for complex multi-asset businesses. These systems are evolving with regard to the transforming market structures of networked energy systems as well as energy commodities, including changes in the nature of products and solutions.
Banks are no longer the primary energy trading entities and are being replaced by asset operators, physical traders, and trading houses with a strong physical and operational foundation. As a result, ETRM systems are focusing more on asset management in addition to management of risks associated with contract portfolio and supply chain logistics. These systems are also required to tackle credit and operational risks revolving around financial products that include futures, forwards, and derivatives along with taking the underlying physical product into account. This can be achieved by leveraging relevant data structures and mapping mechanisms, thus, managing risks and combining data from both physical and financial ends.
While ETRM systems continue to boost strategic decision-making with the help of analytical tools, the companies creating cross-asset, multi-model platforms that are flexible and integrate various aspects of the value chain are emerging as winners in the market.
To help companies stay on top of these all-embracing trends in the energy marketplace, we present to you an edition on energy trading and risk management (ETRM). Our distinguished selection panel comprising CEOs, CIOs, VCs, industry analysts and the editorial board have shortlisted some of the most reputed ETRM solution providers.
We present to you Energy CIO Insight’s “Top 10 ETRM Solution Providers - 2018.”