About Energy Trading & Risk Management
Energy trading and risk management (ETRM) category will include software applications, tools and frameworks that are used to support and manage the business processes related to trading energy commodities. ETRM system is basically the integrated system that enables information exchanges within the credit, operations, contract, trade floor and accounting functions. ETRM provides the integration of various processes like event and trade data, risk strategies, risk policies, scheduling of the task and settlement execution. The systems offer monitoring, transparency, control of the access & compliance issues. ETRM market is growing continuously as increasing count of Energy Companies and provides assistance to manage Government Regulations of this sector. Additionally, helps in reducing risk & to speed up the trading activities.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 3.2% |
Energy Trading & Risk Management is a fragmented market due to the presence of various players. The players are focusing on strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Energy Trading & Risk Management 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.
Amphora Inc (United States), Openlink (United States), Eka Software Solutions (United States), Triple Point Technology (United States), Open Access Technology International, Inc. (United States), The MathWorks, Inc. (United States), Brady plc (United Kingdom), Quantifi, Inc. (United Kingdom), Contigo Software (United Kingdom), Trayport (United Kingdom), Allegro Development Corp (United States), Aspect Enterprise Solutions Inc. (United Kingdom), KYOS Energy Consulting (Netherlands), ABBs Enterprise Software Product Group (United States) and ComFin Software GmbH (Austria) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Momentum3, LLC (United States), Ignite ETRM, LLC. (United States) and Tigernix Pte Ltd (Singapore).
Segmentation Overview
AMA Research has segmented the market of Global Energy Trading & Risk Management market by Type (Front office, Back office and Middle office) and Region.
On the basis of geography, the market of Energy Trading & Risk Management 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 End user industry, the sub-segment i.e. Power will boost the Energy Trading & Risk Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment Model, the sub-segment i.e. On premises will boost the Energy Trading & Risk Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
systems with capabilities of managing huge structured & unstructured data and System that satisfies new regulatory requirements
Market Growth Drivers:
Useful to tackle Government Regulations and Advent of Vertical Markets in energy Companies
Restraints:
Energy Revitalization and Deficiency of New Market Participants
Opportunities:
Continuous increasing energy demand, Research on finding Alternative Sources of Energy and To capture Untapped Markets
Market Leaders and their expansionary development strategies
In June 2022, Valsoft Corporation Inc., a Canadian-based company specializing in the acquisition and development of vertical market software businesses, announced its acquisition of Inatech, a rapidly expanding energy trading and risk management solutions company, previously owned by Glencore.
In July 2019, Global independent power producer InterGen announced the successful implementation of its new Energy Trading and Risk Management (ETRM) system, which has provided the company with enhanced trading, monitoring and reporting capabilities.
Commodity Futures Trading Commission (CFTC) and Federal Energy Regulatory Commission (FERC) provides format of guidelines for all energy trading industries. Every systems that operates in this sectors should satisfy the norms of this regulatory bodies.
Key Target Audience
Software manufacturer, Channel partners, Industry Association, Governments and investment communities and Research organizations and associations
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.