FENDAHL CTRM & ETRM TECHNOLOGY

Fendahl is a specialist provider of CTRM (commodity trading & risk management) software solutions. With a team of over 250+ staff based internationally we can provide you the solution to your businesses needs.

What is CTRM Software?

CTRM (Commodity Trading & Risk Management) Software refers to software applications used by commodity trading companies to manage their business processes. CTRM software encompasses a range of functions depending on the types of commodities being traded and the individual functional requirements of a particular trading business. Modern CTRM Software typically includes the following standard functionality; trade capture and management, physical operations (logistics), financial settlement, risk management, decision support and reporting tools. On top of this vendors may also provide industry specific functionality such as terminal inventory management for oil traders or commodity specific quality management tools. Typical CTRM Software users include commodity traders, manufacturing businesses or trade finance providers.

What is Multi-Commodity CTRM Software?

Multi-commodity CTRM software is designed to support companies trading numerous types of commodities such as softs, oil, metals, etc. Whilst several vendors claim to offer multi-commodity solutions they are often just traditional oil trading systems adapted to handle different commodity types which means they can often be lacking in functionality. A true multi-commodity CTRM solution, such as Fendahl’s Fusion CTRM is built from the ground up to handle multiple commodity types and to support the different trade types and business processes required. Most Modern ETRM/CTRM systems cover the following main commodity groups: – 

Metals/Raw Materials

  • Base Metals
  • - Aluminium
    - Copper
    - Lead
    - Nickel
    - Steel
    - Tin
    - Zinc
  • Metal Products
  • Precious Metals
  • - Gold
    - Palladium
    - Platinum
    - Silver
  • Raw Materials​
  • Energy

  • Coal
  • Crude Oil
  • Bunker
  • Electricity
  • Gas
  • LNG
  • Emissions
  • Fuel
  • Agricultural Commodities (Softs)

  • Cocoa
  • Coffee
  • Cotton
  • Dairy
  • Cereals (Wheat, Barley, etc.)
  • Palm Oil
  • Rubber
  • Soy Beans
  • Sugar
  • Does CTRM Software Manage Financial Accounting?

    CTRM Software is not an accounting tool but should be designed to integrate with most modern accounting platforms. Modern CTRM Systems such as Fusion CTRM Software are designed to be integrated quickly and cost effectively to all major accounting platforms enabling data to be pulled or pushed from either the accounting system or the CTRM system. Some older CTRM systems will require data to be entered manually or uploaded in spreadsheet which can be costly and inefficient.

    Fendahl Fusion CTRM Software ctrm etrm

    Forward thinking innovative software solution

    Companies are unnecessarily suffering from high running costs and poor performance using outdated ETRM / CTRM software from legacy providers.

    Tied into license agreements and concerned about migration and adoption of a new system they remain unaware of the significant advantages that a modern ETRM / CTRM system can provide.

    Our software developers Fendahl International provide the new generation of CTRM software in the form of Fusion CTRM. Some of the key advantages of this new generation of CTRM software are outlined below:

    Single consistent technology stack (.Net technology stack) makes deployments/upgrades extremely easy and straightforward. There is no need to install multiple individual software frameworks and worry about their upgrades, patches, etc.

    Easy one click deployment for the release and an option to deploy in-house or on the cloud.

    Microsoft is investing heavily into adding more feature/functions to the .Net technology stack and cloud based development – this is very good for the products developed using .Net technology stack as it guarantees continuous improvement in the underlying framework.

    Server side logic is exposed in the form of WCF services so as to allow integration very easily. The services exposed are very secure and reliable – the .Net framework guarantees the security and reliability of the messages.

    Use of background processing/multi threading allows available hardware to be used optimally in order to achieve the best performance.

    Applications can easily on the cloud (Microsoft Azure cloud is designed to work for .Net based products).

    Expert functional and technical support can be provided 24/7 remotely by solution providers without in-house technical or functional staff.

    Improved cyber security and computer hosting based in jurisdictions that value business data confidentiality.

    CTRM systems are being developed with end users in mind, with ease of use a priority, next generation platforms meet the type of sleek interface we expect from modern software of any kind.

    Due to advancements in the technology and various tools available at developer’s disposal, it takes less time to develop functionalities when using an advanced technology stack like .Net. This therefore results in lower cost to the client.

    striving technology solutions trusted internationally

    Driving software technology for leading clients
    Bapco
    Seaboard Corporation
    BW-LPG
    Bluequest Resources Selects Fendahl Fusion CTRM
    Fusion CTRM Goes Live at Partners Network
    Biofront
    ETG
    Euronav
    Mieco
    Largo Resources
    Sitrac
    RioTinto - Fusion CTRM ETRM Fendahl
    Novada Commodities Selects Fendahl Fusion CTRM Software
    IKON Group selects Next Generation Fusion CTRM Software
    Sawtooth
    Fendahl Office Nagpur

    ABOUT FENDAHL INTERNATIONAL

    Fendahl was founded in 2012 in London, UK with the primary focus of the business on the bespoke development of tools required to augment the functionality of incumbent and aging CTRM solutions. The success of this business line eventually resulted in the organic development of an enterprise-wide CTRM solution; Fusion. Fusion has been built as a best in class solution which leverages on the latest technology while providing a depth and breadth of functionality which reflects the experience of the Fendahl Leadership Team.

    Fendahl is a specialist provider CTRM (commodity trading & risk management) software solutions to commodity trading organisations. A rapidly growing global software company, we have a dedicated team of over 250 staff with offices in the Americas, Asia, and EMEA, serving an ever growing global client base across multiple commodity segments. Fendahl offices are located in London, UK; Houston, USA; Dubai, UAE; Singapore and Nagpur, India.

    Our customers produce, refine, market, ship and trade globally. They rely on Fendahl’s expertise in these key physical and financial markets: Oil, Petrochemicals, Metals and Mining, Coal, Road Marine Fuels, Biofuels, and Agriculture/Softs.

    Certified with:
    CTRM InformationSecuritySys_ISOIEC27001
    CTRM InformationSecuritySys_ISOIEC27001
    Fendahl’s Fusion CTRM Software Achieves SAP-Certified Integration with SAP S:4HANA®