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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

Description

TRMTracker, developed using the sophisticated framework of FARRMS, stands out as a robust energy trading and risk management software solution that is revolutionizing the energy trading sector with its extensive web-based ETRM-CTRM features. Designed with a back-office-first approach, TRMTracker boasts unparalleled back-office capabilities, highlighted by its innovative formula-driven settlement and billing engine along with a highly acclaimed automated derivative hedge accounting module. The architecture of FARRMS is both template and formula-driven, which allows for easy configuration and maintenance without any coding, ultimately reducing ownership costs while enhancing the platform's adaptability to meet both current and future needs. This organically designed, workflow-oriented structure facilitates seamless processing of transactions, encompassing all stages from deal capture to risk management, scheduling, settlement, and accounting. As a result, users can expect improved efficiency and reduced complexity in their energy trading operations.

Description

Trackon CTRM is a comprehensive system designed for commodity trading and risk management, specifically crafted by traders for trading firms. With over fifteen years of successful deployment across trading houses globally, it is particularly focused on soft commodities such as dairy, frozen meat, pulses, spices, oils and oilseeds, grains, and animal feed. The platform oversees the entire process from contract initiation to final settlement, encompassing trade capture, logistics execution, essential documentation, inventory management, risk assessment, and comprehensive financial accounting integrated with ERP systems. To prevent costly operational errors, it features built-in triggers, checklists, and step-by-step workflows that assist the execution team throughout the supply chain. Additionally, its reporting capabilities provide management with insights into operations at every tier. Trackon CTRM is highly adaptable, allowing for customization to align with the unique practices of each trading house. Developed and maintained by Trackon Software, a specialist in the CTRM field based in Dubai, it also integrates with TrackonAI, presenting a contemporary growth opportunity for new desks and subsidiaries. This combination ensures that trading firms can scale effectively while optimizing their operational efficiency.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

No images available

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

Contact vendor
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Hitachi ABB Power Grids

Founded

1910

Country

Japan

Website

www.hitachienergy.com/products-and-solutions/energy-portfolio-management/trading-and-risk-management/trmtracker

Vendor Details

Company Name

Trackon Software

Founded

2011

Country

United Arab Emirates

Website

trackon.com

Product Features

Commodity Trading and Risk Management (CTRM)

Accounting Management
Blockchain Technology
Commodity Trading
Contract Management
Document Management
Financial Management
Logistics Management
Reporting/Analytics
Risk Management
Third Party Integration

Energy Trading and Risk Management (ETRM)

Accounting Management
Asset Analysis
Blockchain Technology
Contract Management
Document Management
Energy Trading
Financial Management
Product Scheduling
Reporting/Analytics
Risk Management
Third Party Integration
Trade Validation

Product Features

Commodity Trading and Risk Management (CTRM)

Accounting Management
Blockchain Technology
Commodity Trading
Contract Management
Document Management
Financial Management
Logistics Management
Reporting/Analytics
Risk Management
Third Party Integration

Alternatives

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Alternatives

No Alternatives
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