CTRM or Commodity Trading and Risk Management software is a specialized trading software designed for companies involved in commodity trading. Commodity trading is the buying and selling of commodities ranging from oil, and precious metals to grains. Commodity traders use CTRM software such as Zortal to manage physical trades, accounting, derivative trades, position, mark-to-market, origination, logistics, procurement, planning, and scheduling. CTRM can be used for all sorts of commodities including agriculture (coffee, cocoa, grains, oilseeds, sugar, rubber, palm, etc.), energy (crude and refined products, natural gas, natural gas liquids, liquefied natural gas, power, coal, renewables), and metals (base metals, refined, steel, scraps, and concentrates). CTRM solutions such as Zortal will differ and be customized depending on which commodities are being traded.
Many companies adopt an ERP system for commodity trading but very few of these are customized solutions, to implement a commodity trading solution successfully, Zortal is a great choice as it will be customized to your specific business needs. There is no use spending more money than needed only to end up with a system that is impossible to upgrade, expensive to maintain, and difficult to enhance. CTRM Software such as Zortal was developed specifically to address the needs of commodity traders and commodity management.