Current Trends in Commodity Trading
What do you exactly mean by that and how would your system cover those areas? Well over the last few years it has become evident that there is no one-size-fits-all trading system out there. So there is an increasing demand for a more modular approach. Think of it as a game of Tetris.
Many different features and modules can seamlessly work either together or independently according to the company needs. In our opinion, the two terms flexibility and modularity go totally hand in hand. Budgets are tight and companies need to procure a system that covers their every need, and this can be achieved in two different ways.
On the one hand, most trading companies are unhappy that sometimes they end-up buying a full CTRM platform when they only need about 30 percent of its overall functionality. These systems are not exactly cheap. So, we really don’t believe in the cookie-cutter approach. So, what alternatives would you offer to the cookie-cutter-approach? Well, what we offer is a totally à-la-carte approach. With a new prospect, we are able to create a bespoke package of features and modules as per their very specific business needs.
Why would they have to pay for something they will never use? Along the way as the nature of the business changes, they can add further functionality or take it away because, well, basically they don’t need it anymore and that’s why we say that our systems are modular.
What do you mean exactly by flexibility? We have a full development team who are dedicated to customizing the software. This is actually what we are very strong at. No system could cover their existing processes out of the box to 100 percent. But what we do is provide the added tweaking for the most cost-effective price so that their product is exactly what they envisioned and so that it stays in perfect harmony with existing business processes at all times.