Best Energy Trading and Risk Management (ETRM) Software with a Free Trial of 2025

Elevate your commodity trading experience with Hermes Tech, the leading provider of CTRM software. Our innovative platform simplifies commodity trading, risk management, and logistics operations, seamlessly integrating cutting-edge technology with industry expertise and intuitive design. With Hermes Tech, you gain access to customizable and scalable solutions tailored to meet your unique business needs. Our comprehensive range of services empowers you in the complex world of Commodity Trading and Risk Management (CTRM). Count on our dedicated team of experts to guide you every step of the way, ensuring you harness the full potential of our cutting-edge CTRM software. Experience the future of commodity trading with Hermes today.

Lancelot is an entire product family that provides comprehensive support for trading on all energy markets, commodities and flexibility products. Lancelot allows traders to take advantage of the power of advanced AI-based computing engines, machine learning, and data science in order to make better decisions and maximize profits. Lancelot ETRM enables energy traders to manage transactions, monitor risk, and automate complicated workflows. It integrates data from multiple sources and provides real time data analysis to enable faster and better decisions. Lancelot FMS uses AI-based data analytics and advanced algorithms to accurately predict energy prices, system inequalities, load and consumption forecasts or renewable energy production. Lancelot Hub, a cloud-based service, provides energy traders with precise analytics and data. It uses advanced algorithms for calculating precise forward curves and trends on the market, giving traders unprecedented insight into market forecasts.

K3 is an innovative data integration software developed by BroadPeak, a software company located in New York. Designed as a groundbreaking solution for data management, K3 empowers organizations to seamlessly transform, filter, and consolidate their data, facilitating its distribution to various destinations. The software offers a robust collection of pre-built adapters that allow users to connect diverse applications, ranging from cloud services to traditional on-premise data systems. Among K3's standout features are a user-friendly mapping interface that simplifies data flow, a rules engine that employs When, Then, Else logic to enhance data fields, as well as filtering capabilities to ensure data integrity and validation logic that includes alerts for potential issues. Additionally, K3's adaptability and ease of use make it an essential tool for businesses looking to optimize their data operations and improve decision-making processes.

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.

Enhance your energy portfolio management by leveraging quick insights through our cutting-edge Energy Data Analytics solutions. At cQuant, we empower you to improve your energy risk management strategies effectively. Discover how our innovative tools can transform your approach to energy data.

As financial markets continue to change rapidly, traders require tools that provide them with a competitive edge. Joule stands as our premier trading solution specifically tailored for energy markets, now enhanced by the advanced algorithmic design and execution features of autoTRADER. This robust tool is fully integrated with Joule, offering powerful capabilities for fully automated short-term trading of power and gas across energy exchanges, as well as in brokered OTC markets, and it now includes support for forwards and futures trading. Additionally, it accommodates both manual and automated trading across spot, intraday, forwards, and futures markets. With the ability to execute trades at the best possible price in just milliseconds, it boasts out-of-the-box algorithms designed for position closing, flexibility marketing, and gas arbitrage. Users also benefit from complete transparency regarding the reasoning behind the algorithm's behavior, ensuring greater confidence in trading decisions. Overall, the combination of Joule and autoTRADER empowers traders to navigate the complexities of the energy market with enhanced efficiency and strategic insight.

Eka is assisting leading commodity and direct material companies in fast-tracking their digital transformation. Their cloud-native CTRM/ETRM solution empowers businesses to oversee the entire trading lifecycle of diverse assets within the energy and commodities sectors. Enhance transparency and manage costs effectively for vital direct material expenditures by utilizing digital collaboration tools and self-service supplier engagement platforms. Transform your raw material supply chain digitally, from sourcing to contract execution. Designed specifically for the unique requirements of commodities enterprises, Eka’s supply chain solutions provide comprehensive visibility and clarity for your sustainability and ESG reporting needs. They offer reliable insights that facilitate enterprise-wide involvement while streamlining essential financial processes for more efficient and precise management across risk, compliance, financial closing, and hedge accounting. By implementing these solutions, businesses can achieve a more sustainable and efficient operational framework.

IGNITE stands out as a distinguished platform for Commodity and Energy Trading and Risk Management (ETRM/CTRM), focusing on the intricate processes involved in commodity trading, logistics, and risk mitigation. Its comprehensive CTRM technology encompasses a range of essential functions, including pre-deal activities, contract oversight, trade financing, transaction recording (both physical and derivatives), risk assessment and monitoring, inventory oversight, operations, processing, realization, and settlement. This innovative multi-commodity Software-as-a-Service (SaaS) platform empowers clients to operate with agility and effectiveness across all business domains—front, middle, and back office—while significantly reducing costs compared to competitors. Recognized with multiple awards, IGNITE is pivotal for managing risks, developing trading strategies, and handling accounting and administrative tasks related to commodity trading and associated activities. With its advanced features and user-centric design, IGNITE enhances operational efficiency and fosters confidence in trading decisions.