I try then to explain that we are making software for specific industries such as cocoa, coffee, sugar, grains etc. I then try to explain that these people have to protect themselves against market price fluctuations and before I notice I have lost them as I get into too much details about futures, options, OTC’s, position management. Obviously they try to escape from the conversation as the stuff gets over complicated and the result is that I was still not able to answer why they run also a derivatives administration. The CTRM system is specialized to deal with these futures, options and match them against physicals to check if you are really hedged, often referred to as position management. When you like to learn more, there is sufficient education material available from the exchanges, or browse the knowledge section at the Agiboo site.
- ERP & Process Management
- Governance, risk and compliance
- Accounting and Taxes
- General BI