Commodity Trading Risk Management Software
and Reduce Risk
Why do you need a CTRM system? If you are using spreadsheets, you are spending a lot of time manually manipulating data. You could be missing opportunities. If you are using an old CTRM system, you don’t have all the functionality you need because regulations, systems and data streams have changed. Those gaps also cause missed opportunities.
iRely’s CTRM software covers the entire lifecycle of trading, including procurement, logistics, trade management, futures and options, and risk management.
iRely gives you the flexibility you need to succeed.
Multi-commodities, multi-companies, multi-currencies, and multi-languages can all be configured across your organization by user and by company.
- Configure alerts such as price fixation, shipment/delivery status, and quality status to ensure you’re meeting customer obligations.
- Use the flexible contract inquiry to identify sales opportunities.
- Easily enter contracts with our intuitive user interface. Ensure your position is always current.
- Evaluate and actively manage your position at any point in time.
- Increase efficiency with customized views for each trader, enabling them to focus on just the products or counterparties they are responsible for.
- Avoid duplicate sales. Reserve inventory while waiting for customer sample approvals or buying decisions,
- Monitor price to be fixed position to ensure responsible parties are locking in prices within contractual parameters, avoiding futures liquidity traps and unwanted risk.
- Gain unique visibility to manage risk and track your position through appropriate futures or delta-equivalent options hedging.
- Upload settlement prices to facilitate mark to market and brokerage statement confirmation.
- Analyze realized and unrealized profitability over user-defined time periods to avoid month-end profitability surprises.
- Record GTC orders with reminders when market breaches order levels.
- View market exposure in real time.
- Evaluate counterparty risk.
- Analyze risk position in one report with drill-down capability to the contract level.
- Apply mark to market on physical contracts and monitor mark to market on demand.
- Mark allocated contracts to each other or to the market and override market values when appropriate for specific contracts.
Supply Chain Management
- Perform essential accounting functions and seamlessly link transactions to your accounting system.
- Issue accurate invoices to customers consistent with the contract, fixation, and delivery parameters.
- Record costs against contracts to manage actual versus budget and to monitor contract profitability.
- Issue debit notes for weight claims.
- Accurately monitor your profitability by contract.
- account for all costs, including those relating to shipment and delivery.
- When lines of credit are scarce, ensure you have the visibility to use them for your most profitable business.
- Use our audit log to oversee the organization and manage by exception.
- Log all transactions and actions impacting inventory, including the end of shift data. Access this data on demand.
- Use audit trail to control recipe release and identify precise components of any product produced on any day.
- Generate real-time reports of production results, inventory, quality and more.