Is an industry-specific CTRM a critical success factor?
Summary
Over the past decades, our team has been involved in quite a few selection processes for a commodity trade and risk management (CTRM) software solution – during as well as before our years at Agiboo. When for example you trade mineral oil and cocoa beans, it can be rather challenging to present a meaningful combined position. However, when architecture is not sufficiently supporting the basic functionality for a specific commodity, then the implementation loses the momentum you need to be successful. Sure, they may have lots in common, but in the end, they are defined by their unique characteristics – from trading and exchanges to standards and markets, and from conversion and logistics to product properties and prices. You can prevent implementation delays or even failure by small details not supported in pricing or hedging mechanisms, when you select the most suitable specific CTRM solution.
Classifications
AskAI Classifications
LabelsLinked Companies
