About Commodity Trading, Transaction, and Risk Management (CTRM) Software
CTRM Software is specialized trading and risk management software and is used for companies involved in commodity trading. It is buying and selling of commodities. Traders, processors, and purchasers are the use CTRM Software to manage physical trades, accounting, derivative trades, position, mark to market, origination, logistics, risk management, procurement, planning, and scheduling. It can be used in assets such as agriculture, energy, and metals. It refers to software applications used by commodity trading companies to manage their business processes.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Companies in the market are concentrating on trading and risk management software. Commodity trading and risk management software are focused on the future needs of the company that supports the current growth of the market in the Asia Pacific region. In North America, the increasing investment of risk management by several firms and rising adoption of CTRM software is expected to play to the advantage of the regional markets. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Commodity Trading, Transaction, and Risk Management (CTRM) Software market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Openlink (US), Capco (Belgium), AgExceed (US), Aspect (US), Brady PLC (UK), EnHelix (US), Enverus (US), Beacon Platform, Inc. (US), ComFin Software GmbH (Australia), DataGenic (London), Fendahl International DWC LLC (Dubai), CTRM Cloud (US) and Triple Point Technology (US) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Commodity Trading, Transaction, and Risk Management (CTRM) Software market by Type (Cloud-Based and On-Premises), Application (Large Enterprises and SMEs) and Region.
On the basis of geography, the market of Commodity Trading, Transaction, and Risk Management (CTRM) Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
If we see Market by , the sub-segment i.e. will boost the Commodity Trading, Transaction, and Risk Management (CTRM) Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.Influencing Trend:
Rapid implementations and user-friendly interfaces and This software helps in achieving the aforementioned requirement for businesses that creating the demand for the CTRM software market
Market Growth Drivers:
Increase efficiency with automation, improve risk management, and improve data security that boosts the growth of the market and Rising uncertainties gripping global businesses
Challenges:
Supply and demand balances influence the commodity prices
Restraints:
Critical technologies and business transactions are expected to hamper the growth of the market
Sep 25, 2018: Openlink launched the availability of Openlink v17. This Openlink v17 offering for commodities trading and risk management (CTRM) and financial trading and risk management (FTRM). It includes significant FTRM enhancements that are used to address the changing nature of payments.
Key Target Audience
End-Use Industries, Suppliers and buyers, Organization/Business/Enterprises, Traders and Government
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.