As the energy trading industry undergoes rapid evolution, it presents energy traders with numerous opportunities along with risks. Market participants that rely on modern and integrated ETRM solutions have been successful in managing the complex business processes efficiently and cost-effectively. In an onslaught of ever-emerging policies, it is the modern ETRM systems that deliver industry players from the challenges of increased complexity and workload, containing operating cost, and complying with regulatory requirements. Manual processes are now a thing of the past with ETRM systems that automate complex and routine tasks and business processes, reducing costly errors in turn. In an economy that imposes more capital requirements and regulations every day, energy trading houses show impressive capability of adapting their business model to changing trends.
With the traditional ETRM solutions quickly becoming outdated, ETRM in the cloud has become the new popular substitute to on-premise software. Compared to traditional ETRM tools, the cloud alternative is flooded with benefits, including low cost of entry, lower total cost of ownership, and cheaper maintenance and upgrades.
With a never-ending deluge of innovations in the market, helping businesses choose the ideal ETRM solution can be an arduous task. To help companies stay on top of these ever-growing trends in the energy marketplace, we present to you an edition on energy trading and risk management (ETRM). Our distinguished selection panel comprising CEOs, CIOs, VCs, industry analysts and the editorial board have shortlisted some of the most reputed ETRM solution providers.
We present to you Energy Tech Review’s “Top 10 ETRM Solution Providers – 2019”.