Providing enterprise risk management solutions for energy and commodities trading companies worldwide

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ENTRADE® Unite creates an integrated solution that can support the supply chain needs of trading organizations, giving companies the opportunity to integrate trading and risk data with supply chain functions.

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INTRODUCING ENTRADE®

Every commodity, every feature, and every user in one place.

There’s no Third Party or Legacy System to integrate.

We call it One Platform.

FRONT OFFICE - Deal and trade types can be quickly configured in ENTRADE®...
Deal and trade types can be quickly configured in Enuit’s ETRM CTRM solution: ENTRADE®, to handle complicated commodity trading transactions. Each transaction type is automatically integrated into every part of ENTRADE® – no coding required. Transactions can be immediately valued, settled, scheduled, invoiced, confirmed, taxed, hedged, analyzed, and so much more.

When new transactions are entered, ENTRADE® for ETRM CTRM automatically decomposes risk according to its deal type’s risk profile as defined in our Deal Type Designer feature. Each risk element is valued and managed independently, but can be aggregated together with risk elements of other deal types that share a common risk type.

ENTRADE® for ETRM CTRM gives each trader a workspace, called a sandbox, which produces Flash PNL reports to determine the effect of new deals to an overall portfolio. Sandboxes give traders a tool to check end-of-day profits, mark positions to market, and calculate value at risk at any time without affecting anyone else or company operations. Deal recaps and confirmation letters can be printed easily.

ENTRADE® FOR ETRM CTRM has interfaces with ICE, DME, and CME; and, it can receive updates to settlement and forward curves through price aggregators, such as Global View.

MIDDLE OFFICE - ENTRADE® for ETRM CTRM, makes it possible to track everything from inventory volumes, aggregation of costs, value at risk....
Confidence in Physical Trading depends heavily on the ease with which you can manage the logistics that can come with scheduling the movement of product.

Enuit’s ETRM CTRM solution: ENTRADE®, makes it possible to track everything from inventory volumes, ancillary costs, the quality of product, and then tie that data to respective counterparties, contracts and portfolios.

ENTRADE®’s scheduling features track logistical costs and charges. Deal volumes and quality may be actualized in scheduling forms, whether a commodity is transported by pipeline, barge, vessel, rail, or truck to a customer or storage facility.

ENTRADE® for ETRM CTRM values books of business, reports exposure and positions, performs end-of-day reporting functions, calculates Value at Risk, tracks credit limits and use of credit, manages letters, treasury management and lines of credit.

ENTRADE®’s advanced analytical engine allows you to decompose a trades exposure and risk by its individual pricing components. The exposure and valuation can be aggregated by position across common forward price curves to show your overall exposure and risk by forward price curve.

BACK OFFICE - ENTRADE® generates invoices and remittance statements for fees and treasury management...
Enuit’s ETRM CTRM solution: ENTRADE®, generates invoices and remittance statements for trades; including all associated fees and costs. It stores general ledger codes and can send journal entries directly to your General Ledger system.

ENTRADE® for ETRM CTRM also includes a tax module capable of calculating taxes of various forms and varieties.

COMMODITIES COVERED

ENTRADE® is your Energy and commodity trade management (ETRM / CTRM) solution, whatever you trade, wherever you trade. Its universal deal manager and risk engine ensures that all of your trading activities can be well managed within one system, with one architecture, on one trade management platform. ENTRADE® also provides industry- and market segment-specific logistics management forms and reports, which take into account the nuances of the specific logistical requirements of each commodity.

NATURAL GAS - ENTRADE® ETRM can manage natural gas trading, schedule and track transport and storage, and generate invoices...
ENTRADE® ETRM can manage natural gas trading, schedule and track transport and storage, and generate invoices. Use ENTRADE® to monitor credit risks, report mark-to-market risks, and track retail loads. 

The abundance of natural gas in North America, and its clean-burning, climate-friendly nature, has made natural gas a fuel of choice for electricity generation, closing in on coal as a baseload fuel for electricity production. At the same time, the location of new-found natural gas basins is completely changing the dynamics of a marketplace accustomed to single direction flows of natural gas from production basins in the mid-continental and offshore Gulf of Mexico to northeastern places of consumption. The complexity of natural gas trading has never been greater. Nor the risks.

That’s why there is ENTRADE® for ETRM. It has functions and features to help you manage trading and logistics from producing gas wells, through processing and NGL production, downstream to points of consumption.

And, ENTRADE® ETRM has many features to help natural gas retailers aggregate and manage forecasted demand behind traditional city-gates. You will be up-and-running ENTRADE® faster than you can imagine.

ENTRADE® ETRM comes ready-to-install, and out-of-box, with many of the features you have been looking for. ENTRADE® is a great choice.

Here are some features from the most comprehensive Natural Gas application today:

  • Captures Counterparty data and Agreement terms
  • Stores all sorts of Physical and Financial types of deals
  • Calculates position risk and exposure to price movement
  • Evaluates Counterparty Credit Risk
  • Calculates Physical and Financial deal settlements
  • Generates counterparty invoices
  • Tracks costs associated with pipeline transport and storage
  • Creates profit/loss drill-down, pivot reports
  • Extended functions to support retail operations
  • Aggregates retail load
  • Allocates demand to supply pools
  • Applies various load shaping factors, such as attrition and fuel loss
  • Allocates physical supply to markets to close monthly business
POWER - ENTRADE® ETRM allows your company to seamlessly capture deals traded through the ICE and CME exchanges...
ENTRADE® ETRM can manage natural gas trading, schedule and track transport and storage, and generate invoices. Use ENTRADE® to monitor credit risks, report mark-to-market risks, and track retail loads. 

Customer choice programs are now available in many cities and states, allowing consumers to select electricity providers and rate programs from among many offered in a growing free marketplace. It is a very competitive world we live in. Profit margins are squeezed.

Managing all the details of electricity trading can be overwhelming. Spreadsheets certainly are not up to the job. Not when balancing trading positions hourly is essential.

ENTRADE® for ETRM does the job without breaking a sweat. It has the horsepower to crunch through the mounds of hourly data associated with power trading. You will never need to worry about getting invoices generated correctly and on-time.

ENTRADE® is your system of choice. Here are some features from this very comprehensive solution:

  • Captures both Physical and Financial deal types such as Bilateral Contracts and Power Swaps
  • Calculates both hourly and on/off-peak risk valuations and position summaries
  • Tracks Credit Exposure
  • Handles both standard products and hourly load-shaped deals
  • Generates monthly settlement statements
  • Extended functions to support retail operations
  • Aggregates retail load
  • Applies load shaping factors such as attrition and line loss
  • Shows netted hourly supply and demand positions
NGLs - ENTRADE® ETRM manages NGL Logistics and tracks all scheduling and costs. It captures exposure and values all components and specifications...
of NGL’s with ENTRADE®’s advanced analytical capabilities.  

NGLs, while similar in nature to refined products, trade a bit differently. Separation plants knock these high-value products out of wells producing natural gas in the form of a raw mix.

Valuing raw mix is problematic because each of the purity components in the raw mix has its own independent market value. And, each well may produce its own unique composition of raw mix. How can overall market value be calculated?
It’s easy with ENTRADE® ETRM.

ENTRADE® ETRM maintains each well’s unique raw mix proportion. It decomposes and values inherent market risk without disaggregating estimated and actual production volumes, which are still traded, scheduled, and settled in aggregate. Logistics is a snap in ENTRADE, which captures all primary and secondary fees and costs associated with movements.

And, ENTRADE® ETRM manages inventories well, whether in-transit or stationary. Fractionation plants can even be modelled within ENTRADE® so that purity production can be estimated to forecast sales revenues.

ENTRADE ETRM for CRUDE CARGO AND REFINED PRODUCTS - capture deals, manage financial and settlement risk, schedule shipments, and generate invoices..
ENTRADE® ETRM handles physical and financial deals in international cargoes, domestic crude, and refined products. Monitor exposure to market risks. Manage transportation logistics be it vessel, barge, truck, and rail.

CRUDE CARGOS

Oil markets are increasingly volatile. There are many details to track and manage. That’s why you need Enuit’s ETRM CTRM solution: ENTRADE®

It is a platform built to the specific nuances of oil markets. Wherever you trade crude oil, ENTRADE® ETRM is there to help your business manage its trading activities, logistics, settlements, track inventory levels and valuations, and account for all primary and secondary logistical costs.

ENTRADE® is an integrated ETRM solution, which means that all areas of your trading operation, in all office locations you staff, are linked together, sharing information.

Whether it is trading, credit management, trade finance, operations or accounting, every part of your organization has timely access to the information it needs to perform its function.

FREIGHT & CARGO TRADING

Shipping lanes remain the great conduits of commerce. Ninety per cent of the world’s traded goods are transported by sea. Oil products and minerals are the most transported commodities.

But, getting cargo from point A to point B is far from straightforward. There are many risk factors to consider when transporting cargo: Shipping lane congestion, port availability, piracy, bunker fuel requirements, etc… And, there is financial exposure to freight rate volatility and counterparty credit risk.

Enuit’s ETRM CTRM solution: ENTRADE®, can help with all of these risks. Its risk architecture is very robust. Additionally, freight risk captured by ENTRADE® can be incorporated into your company’s overall risk position.

REFINED OIL PRODUCTS

Marketing refined products require lots of market intelligence and inventory management in order to profit best and plan properly. ENTRADE® ETRM is here to help your business manage its trades, track inventory levels and value, and account for all primary and secondary logistical costs.

ENTRADE® ETRM captures and manages risk exposure for all types of refined products, including both financial and physical deal types. It schedules all forms of transport and includes the various costs associated with transporting and storing oil products as part of the overall trading profitability reports.

ENTRADE® is an integrated CTRM solution, which means that all areas of your trading operation, in all office locations your staff, are linked together, sharing information.

Whether its credit management, trade finance, operations, or accounting, every part of your operation has timely access to the information it needs to perform its function.

 

LNG - ENTRADE® ETRM helps your company to manage complicated LNG cargo trades. Value, monitor exposure and settle LNG cargos with complex pricing formulas...
Schedule shipments and track all cargo and liquefaction costs.

Recent emphasis on reducing greenhouse gas emissions and improving air quality has made natural gas the fuel of choice for electricity generation.

Unfortunately, many countries lack this natural resource within their borders; or, they can’t access the natural resource; or, if they can access it, they can’t get it to population centres. Major emerging economies, like China and India, therefore, look to LNG as a means to enjoy the benefits of this clean-burning fuel.

However, its complex life cycle involves many stages: production, transportation in pipelines, liquefaction, storage, transportation by vessel, back to storage, and eventually regasification and consumption.

Fortunately, Enuit’s ETRM CTRM solution: ENTRADE®, has out-of-box forms, features, and reports to track primary and secondary costs of each stage in LNG’s life cycle all in one uniform commodity trading and logistics management system.

There isn’t another system like ENTRADE® ETRM which can handle the logistical aspects of both natural gas and bulk shipped commodities like LNG. Only Entrade.

LNG deal pricing formulas can be complicated and difficult to set up in most systems, especially Excel spreadsheets. ENTRADE® makes deal entry easy because of its pre-configured formula templates and pricing engine.

Formulas may reference any one of the many commodity indexes available, including Brent and WTI, Gas Daily and Inside FERC, TTF, NBP, and JKM, to name just a few.

ENTRADE®’s curve engine can be used to construct and bootstrap very complex LNG term pricing curves. Deals may be marked to intent within ENTRADE® as well. A second formula may be entered on each trade to indicate how to value a trade based on its destination and the various flexibility and options in the delivery schedule.

ENTRADE® ETRM can evaluate LNG contracts with embedded FX and Interest Rate risk components. Each component is recognized in order to better manage FX and Interest Rate Risks.

ENTRADE®’s LNG scheduling module manages flexible delivery terms, such as Take-Or-Pay, Cargo-By-Cargo, Diversion Flexibility Right, Onward and Downward Adjustment Flexibility Rights. It manages boil-off and heel, too; and, integrally reflects the boil-off and heel in risk valuation.

METAL CONCENTRATES - ENTRADE® CTRM helps your company to record and value trades with sophisticated pricing formulas...

Schedule shipments and track logistic costs, primary and secondary. Decompose co-mingled risk and positions with ENTRADE®’s advanced analytic capabilities.

METALS CONCENTRATES AND MINING

Global markets are moving away from fixed price, long-term contracts and towards short-term spot- or index-based contracts. Emerging exchanges with quoted prices and indices for metals and steel are making it happen. Prices are more volatile.

Managing costs, including secondary costs, is vital for a profitable business operation.

Especially if your business involves the mining, transportation, or production of metals and metal concentrates. ENTRADE® CTRM conveniently manages the specifications, warehouse costs, and shipping costs of your products.

And since the market shifts, ENTRADE® CTRM can show your position, with all of these costs and production values involved.

COAL LOGISTICS AND MINING

With coal prices historically lower and more stable than oil and gas, coal is likely to remain the most affordable fuel for power generation in many developing and industrialized countries for decades. And politics is moving back in the direction of coal, too, like a swinging pendulum.

Because of low volatility in prices, managing costs is most important. To control costs, major coal users need to focus on supply chain and inventory efficiency as well as managing quality specification from contract to delivery.

ENTRADE® CTRM can help you manage all of these important details that make the bottom line much better.

BASE METALS - ENTRADE® CTRM helps your company to manage inventories and stockpiles. Entrade tracks inventory costs and product quality. ..
Global markets are moving away from fixed price, long-term contracts and towards short-term spot or index-based contracts. Emerging exchanges with quoted prices and indices for metals are making it happen.

Prices are more volatile. Managing costs, including secondary costs, is vital for a profitable business operation.

And, that is what ENTRADE® CTRM does best.

Let ENTRADE® CTRM help your company manage its trading operations in metals. ENTRADE® CTRM comes out-of-box with reference data ready-to-go for Non-ferrous Metals like Aluminum, Copper, Tin, Nickel, Lead & Zinc, Steel, Scrap and Recycled Materials, and Precious Metals like Gold, Silver, Platinum, and Palladium.

HOW ENTRADE® HELPS

Out-of-the-box enhanced functionalities

PRODUCT FEATURES

One Platform, First-Class and Fully Loaded

WHY CHOOSE ENTRADE?

Commodity trading is a dynamic, ever-changing business. Each facet of a business operation needs to consume large amounts of information to perform its function well. Below are some areas of business operations and the types of information Enuit’s ETRM CTRM solution: ENTRADE®, provides out-of-box to enhance functional performance:
Negotiating deals
 

While ENTRADE® for CTRM and ETRM cannot, and should not, determine whether one deal is better than another, it can tell a trader what a trader’s positions are in real-time, whether a trading partner has proper credit, what the estimated market price is, etc.

ENTRADE® has deal templates, or deal blotters, to make recording deals an easy process for every type of deal a trader may initiate.

  • Credit Risk Management
  • Transaction Capture
  • Secondary Cost Capture
  • Confirms and Affirms
  • ICE & CME Interfaces
Actualizing deals
ENTRADE® for CTRM and ETRM estimates delivered volume in order to calculate estimated costs, and therefore estimated profits until actual volumes are available. Then, as costs are actualized throughout a delivery period, profit projections will true up by month’s end.

ENTRADE® performs an analysis of estimated and actual volumes and costs so that operational estimates get better over time as well.

  • Trade Settlement
Commodity trade risk management
ENTRADE® for CTRM and ETRM monitors all inherent business risks in the trading business: Price, currency, basis, logistics, options, and credit. ENTRADE® has many useful reports to show business exposure to market movements. And, it comes out-of-box with option models and value-at-risk calculation methodologies.

Position Management

  • Strategy Management
  • Portfolio Management
  • Hedge Management
  • Effectiveness Testing
  • Option Greeks

PNL Management

  • Curve Management
  • Exposure Valuation
  • Market Price Capture
  • Value-at-Risk Reporting
Scheduling deals
Matching receipts and deliveries of obligations is just the first step to schedule commodity movement. Where the rubber meets the road is monitoring inventory levels to “plan” so that organizational targets can be met from month to month.

Primary and secondary costs affect inventory costs as product flows from production points through various stationery and in-transit inventories to points of final consumption. Enuit’s ETRM CTRM solution: ENTRADE®, associates all primary and secondary costs with deals and logistical movements.

  • Inventory Management
  • Inventory Valuation
  • Shipment Scheduling
  • Event Management
  • Operations Reporting
Settling deals
Enuit’s ETRM CTRM solution: ENTRADE®, uses the best available volumes (BAV) and calculated deal price to produce settlement data, which is used to produce invoices and remittance advice statements. Then, it generates journal entries for settled deals, which can be sent to a general ledger or ERP system via automated or electronic means.

ENTRADE® provides transaction details for primary and secondary costs and charges.

  • Invoice Generation
  • Payment Application
  • Secondary Cost Billing
  • Asset Settlements
  • Accruals Reporting
  • G/L Interface
  • Trade Finance
  • Broker Statement Reconciliation
  • Cashflow Management
  • Treasury Management
Reporting
ENTRADE® for CTRM and ETRM comes out-of-box with a comprehensive list of standard reports, which are updated in real-time in Entrade report forms. ENTRADE® also has an ad-hoc pivot report generator, which can provide you with business information not available out-of-box.

You will really like ENTRADE®’s pivot reporting capabilities, too, for drill-down analysis and slicing-n-dicing your way to answers.

Selecting a commodity trade risk management (CTRM) software vendor commits you to a long-term partnership. Some CTRM software vendors are more committed to a partnership and good customer relations than others. Enuit prides itself on this point: All Enuit clients are happy with Enuit’s risk management software, service, and support. We welcome you to join our list of satisfied customers...
Our customers can expect Enuit to keep our ETRM CTRM solution: Entrade current and up to date. ENTRADE® is continually being enhanced and upgraded with new and important features and functions.

Enuit makes sure that migrating from one version of ENTRADE® to the next is painless. This isn’t true of every CTRM software vendor. You won’t find another software provider more committed to, and with a better track record of, software version management.

One “Gotcha” Enuit avoids is custom software patches or product extensions, so-called, which are not part of a product’s migration path. Non-upgradable product extensions are very common with software from other vendors. But, not at Enuit.

Instead, we build software modifications into our core product. And, we ensure that one version easily migrates to the next version, painlessly. The benefit is that each of our clients gets to share the benefits of enhancements to ENTRADE® without a great deal of upgrade costs.

ENTRADE® for CTRM and ETRM really works. It has all the functions you need to run your commodity trading business. It helps you with:

  • Negotiating and recording deals
  • Scheduling physical commodity movements
  • Tracking primary and secondary costs
  • Monitoring inventory levels and costs
  • Actualizing deal volumes
  • Valuation of deals
  • Calculating settlement amounts
  • Generating invoices
  • Monitoring all business- and market-related risks
  • Providing useful reports for all aspects of business

ENTRADE® for CTRM and ETRM also handles the little details, which trip up many similar risk management systems. For instance, what if a system like ENTRADE® did not correctly convert units of measure, which is something you would naturally take for granted? Answer: Big reporting problems.

Fortunately for you, ENTRADE® has all the business rules to convert between volumetric measurement units, price measurement units, differing contractual and reporting currencies, and resulting FX exposures.

ENTRADE® for ETRM and CTRM has an advanced analytical pricing engine to decompose embedded risks in even the most complicated price formulas imaginable. And, it correctly calculates settlement values for priced-in deals.

So, whether you trade physical or financial commodities, purchases or sales, buy-sells or exchanges, you can be assured that ENTRADE® will correctly report risk exposures and generate both estimated and final invoiceable settlements

ENTRADE® for ETRM and CTRM has enhanced features to manage the logistics of physical trading. This is where many ETRM CTRM systems fail. You can count on ENTRADE®, though, to do it right. Tracking inventory levels and costs, including both primary and secondary costs, from the point of commodity acquisition to the point of ultimate sale can be fraught with many challenges while attempting to manage all the details. This is not the case with ENTRADE®. ENTRADE® tracks all primary and secondary costs and fees from the point of original purchase through various stationery and in-transit inventories all the way to the point of ultimate delivery...
It doesn’t matter how product moves from one point to another, whether by Truck, Rail, Pipeline, Barge, or Vessel, Entrade’s scheduling functions and reports accumulate the primary and secondary, estimated and actual costs, and estimated and actual volumes as product moves downstream through the supply chain.

And, most important of all, ENTRADE® for ETRM and CTRM has reporting capabilities unparalleled by any other vendor of similar software.

ENTRADE® is delivered with many standard reports out-of-the-box. No customization or expensive setup is required to generate comprehensive reports which will allow you to manage your business operations. Here are some of the reports you can expect to see out-of-box.

  • Volumetric positions
  • PNL (Profits and Losses)
  • Inventories
  • Storage, in-transit, exchanges, processing
  • Estimated and Actual volumes and costs
  • Movement documents
  • Deal confirmation letters and Contracts
  • Payables and Receivables
  • Market Risk Exposure
  • Mark to Market Calculations
  • Option Pricing Model Results
  • Value at Risk: Historical, Monte Carlo and Delta-Gamma

But, the reporting capabilities in ENTRADE® do not stop there. ENTRADE® for ETRM and CTRM has best-in-class ad-hoc reporting capabilities which can turn any SQL statement into Excel-like pivot reports in minutes with ENTRADE®’s pivot reporting designer.

You will not need to keep expensive consultants on staff indefinitely for the sole purpose of getting you answers to new questions you want to ask about your business. You can answer these types of questions yourself.

Enuit provides you with ENTRADE®’s data model so that you know where the data is stored. Not every software vendor is so open with their data model. But, Enuit is. It is just another important benefit of being an Enuit client, a point not usually considered in the ETRM CTRM vendor selection process.

We see our clients as business partners. We succeed when our clients are successful.

Out-of-the-box enhanced functionalities

PRODUCT FEATURES

Commodity trading is a dynamic, ever-changing business. Each facet of a business operation needs to consume large amounts of information to perform its function well. Below are some areas of business operations and the types of information Enuit’s ETRM CTRM solution: ENTRADE®, provides out-of-box to enhance functional performance:
Negotiating deals
While ENTRADE® for ETRM and CTRM cannot, and should not, determine whether one deal is better than another, it can tell a trader what a trader’s positions are in real-time, whether a trading partner has proper credit, what the estimated market price is, etc.

ENTRADE® has deal templates, or deal blotters, to make recording deals an easy process for every type of deal a trader may initiate.

  • Credit Risk Management
  • Transaction Capture
  • Secondary Cost Capture
  • Confirms and Affirms
  • ICE & CME Interfaces
Actualizing deals
ENTRADE® estimates delivered volume in order to calculate estimated costs, and therefore estimated profits until actual volumes are available.

Then, as costs are actualized throughout a delivery period, profit projections will true up by month’s end.

ENTRADE® for ETRM and CTRM performs an analysis of estimated and actual volumes and costs so that operational estimates get better over time as well.

  • Trade Settlement
Commodity trade risk management
ENTRADE® monitors all inherent business risks in the trading business: Price, currency, basis, logistics, options, and credit.

ENTRADE® for ETRM and CTRM has many useful reports to show business exposure to market movements. And, it comes out-of-box with option models and value-at-risk calculation methodologies.

Position Management

  • Strategy Management
  • Portfolio Management
  • Hedge Management
  • Effectiveness Testing
  • Option Greeks

PNL Management

  • Curve Management
  • Exposure Valuation
  • Market Price Capture
  • Value-at-Risk Reporting
Scheduling deals
Matching receipts and deliveries of obligations is just the first step to schedule commodity movement. Where the rubber meets the road is monitoring inventory levels to “plan” so that organizational targets can be met from month to month.

Primary and secondary costs affect inventory costs as product flows from production points through various stationery and in-transit inventories to points of final consumption.

Enuit’s ETRM CTRM solution: ENTRADE®, associates all primary and secondary costs with deals and logistical movements.

  • Inventory Management
  • Inventory Valuation
  • Shipment Scheduling
  • Event Management
  • Operations Reporting
Settling deals
Enuit’s ETRM CTRM solution: ENTRADE®, uses the best available volumes (BAV) and calculated deal price to produce settlement data, which is used to produce invoices and remittance advice statements.

Then, it generates journal entries for settled deals, which can be sent to a general ledger or ERP system via automated or electronic means.

ENTRADE® for ETRM and CTRM provides transaction details for primary and secondary costs and charges.

  • Invoice Generation
  • Payment Application
  • Secondary Cost Billing
  • Asset Settlements
  • Accruals Reporting
  • G/L Interface
  • Trade Finance
  • Broker Statement Reconciliation
  • Cashflow Management
  • Treasury Management
Reporting
ENTRADE® for ETRM and CTRM comes out-of-box with a comprehensive list of standard reports, which are updated in real-time in Entrade report forms.

ENTRADE® also has an ad-hoc pivot report generator, which can provide you with business information not available out-of-box.

You will really like ENTRADE®’s pivot reporting capabilities, too, for drill-down analysis and slicing-n-dicing your way to answers.

One Platform, First-Class and Fully Loaded

WHY CHOOSE ENTRADE?

Selecting a commodity trade risk management (CTRM) software vendor commits you to a long-term partnership. Some CTRM software vendors are more committed to a partnership and good customer relations than others. Enuit prides itself on this point: All Enuit clients are happy with Enuit’s risk management software, service, and support. We welcome you to join our list of satisfied customers...
Our customers can expect Enuit to keep our ETRM CTRM solution: Entrade current and up to date. ENTRADE® is continually being enhanced and upgraded with new and important features and functions.

Enuit makes sure that migrating from one version of ENTRADE® to the next is painless. This isn’t true of every CTRM software vendor. You won’t find another software provider more committed to, and with a better track record of, software version management.

One “Gotcha” Enuit avoids is custom software patches or product extensions, so-called, which are not part of a product’s migration path. Non-upgradable product extensions are very common with software from other vendors. But, not at Enuit.

Instead, we build software modifications into our core product. And, we ensure that one version easily migrates to the next version, painlessly.

The benefit is that each of our clients gets to share the benefits of enhancements to ENTRADE® without a great deal of upgrade costs.

ENTRADE® for ETRM and CTRM really works. It has all the functions you need to run your commodity trading business. It helps you with:

  • Negotiating and recording deals
  • Scheduling physical commodity movements
  • Tracking primary and secondary costs
  • Monitoring inventory levels and costs
  • Actualizing deal volumes
  • Valuation of deals
  • Calculating settlement amounts
  • Generating invoices
  • Monitoring all business- and market-related risks
  • Providing useful reports for all aspects of business

ENTRADE® for ETRM and CTRM also handles the little details, which trip up many similar risk management systems. For instance, what if a system like ENTRADE® did not correctly convert units of measure, which is something you would naturally take for granted? Answer: Big reporting problems.

Fortunately for you, ENTRADE® has all the business rules to convert between volumetric measurement units, price measurement units, differing contractual and reporting currencies, and resulting FX exposures.

ENTRADE® for ETRM and CTRM has an advanced analytical pricing engine to decompose embedded risks in even the most complicated price formulas imaginable. And, it correctly calculates settlement values for priced-in deals.

So, whether you trade physical or financial commodities, purchases or sales, buy-sells or exchanges, you can be assured that ENTRADE® will correctly report risk exposures and generate both estimated and final invoiceable settlements

ENTRADE® has enhanced features to manage the logistics of physical trading. This is where many ETRM CTRM systems fail. You can count on ENTRADE®, though, to do it right. Tracking inventory levels and costs, including both primary and secondary costs, from the point of commodity acquisition to the point of ultimate sale can be fraught with many challenges while attempting to manage all the details. This is not the case with ENTRADE® for ETRM and CTRM. ENTRADE® tracks all primary and secondary costs and fees from the point of original purchase through various stationery and in-transit inventories all the way to the point of ultimate delivery...
It doesn’t matter how product moves from one point to another, whether by Truck, Rail, Pipeline, Barge, or Vessel, Entrade’s scheduling functions and reports accumulate the primary and secondary, estimated and actual costs, and estimated and actual volumes as product moves downstream through the supply chain.

And, most important of all, ENTRADE® for ETRM and CTRM has reporting capabilities unparalleled by any other vendor of similar software. Entrade is delivered with many standard reports out-of-the-box.

No customization or expensive setup is required to generate comprehensive reports which will allow you to manage your business operations. Here are some of the reports you can expect to see out-of-box.

  • Volumetric positions
  • PNL (Profits and Losses)
  • Inventories
  • Storage, in-transit, exchanges, processing
  • Estimated and Actual volumes and costs
  • Movement documents
  • Deal confirmation letters and Contracts
  • Payables and Receivables
  • Market Risk Exposure
  • Mark to Market Calculations
  • Option Pricing Model Results
  • Value at Risk: Historical, Monte Carlo and Delta-Gamma

But, the reporting capabilities in ENTRADE® do not stop there. ENTRADE® for ETRM and CTRM has best-in-class ad-hoc reporting capabilities which can turn any SQL statement into Excel-like pivot reports in minutes with ENTRADE®’s pivot reporting designer. You will not need to keep expensive consultants on staff indefinitely for the sole purpose of getting you answers to new questions you want to ask about your business. You can answer these types of questions yourself.

Enuit provides you with ENTRADE®’s data model so that you know where the data is stored. Not every software vendor is so open with their data model. But, Enuit is. It is just another important benefit of being an Enuit client, a point not usually considered in the ETRM CTRM vendor selection process.

We see our clients as business partners. We succeed when our clients are successful.

WORLD-CLASS TEAM

ENUIT® was founded in 2008 with a single goal in mind:

To bring to market affordable, functional trade management software, to track transactions through the entire deal lifecycle: From done deal through sent bill.

The ENUIT® team are leaders in their fields and have been hand-picked to make this vision a reality. The management team of ENUIT® is unique in that they do not simply manage the business. They designed the ENTRADE® solution and are involved in implementations across the globe.

SERVICES AND SUPPORT

We pride ourselves in making sure our clients are taken care of and incentivize our employees to make sure this happens. Customer satisfaction is the highest priority for Enuit and our employees.

Our support desk is on the front lines to provide the very best in customer care. We track each request for service and commit ourselves to provide a response quickly.

As our customers can readily attest, we won’t stop until the job gets done.

Our company motto says it best: “We finish well”. Give us a chance to show you what we can do for your company.

Training & Consulting
Enuit provides many services to your organization in order to better prepare for, and make use of, commodity trading and risk management (ETRM CTRM) systems, such as ENTRADE®.

Our knowledgeable and experienced staff of consultants can help your company to define roles and process flows to make your operations more efficient.

Management training and consulting
Enuit helps its clients to better manage their business processes. Working within Enuit’s ETRM CTRM solution: ENTRADE®, we provide ETRM CTRM business process training as well as consulting services to implement industry best practices based on companies particular needs.
Trading & risk management training
We provide training services for all levels of company employees.

From senior management through junior employees, teaching the high-level risk framework, policy making, and methodologies as well as a basic guide to system use tailored to different positions within a company.

It can be delivered either separately or together with the system implementation project.

Technology training
We want to share our technological know-how with our clients, enabling them to extend Entrade’s capabilities in whatever direction they wish.

Our development framework is an MS .NET C# application, which increases development productivity. Let us show you just how easy application development can be.

Product Implementation
 

Our implementation methodology maximizes your investment in Enuit’s ETRM CTRM solution: ENTRADE®.

Typically, implementation projects start with a review of product features and functions essential to the needs of your business process.

A project team comprised of technical and functional consultants will be assigned responsibility for:

  • Product installation
  • Data migration
  • Training
  • System interfaces
  • System configuration and setup
Project Management
To ensure that ENTRADE® for ETRM and CTRM is tailored just right, our implementation team joins with your employees and advocates the interests of your business.

You can expect a team capable of understanding your needs and providing solutions in any needs that may develop.

On-Site or Cloud Installation

Let’s get you started with Enuit’s ETRM CTRM solution: ENTRADE®.

How do you want ENTRADE® deployed for your company?

Written using Microsoft’s .NET architecture, its Smart-Client application is rich, interactive, and highly scalable because of XML Web Services which can be deployed in N-tier server farms

ENTRADE® can be deployed as a hosted application or installed on client-owned computing platforms.

 

On-Site

An onsite implementation places the system on your companies servers, completely in your control.

Cloud

For clients who prefer a lighter hardware footprint, Entrade can be deployed on the “Cloud”. With one click of a button, the application is accessible from anywhere.

Custom Development
We can provide custom software development for new ETRM CTRM projects. Contact us and let us know what your needs are. Because of our experience with developing information databases we can help you quickly resolve your information system concerns with a minimum of cost.

Integration with Third-Party Systems
Enuit’s ETRM CTRM solution: Entrade, can be easily configured to reach into many sources of data simultaneously to generate reportable information, no massive investment in data warehousing projects and system interfaces required.

Application Data Security
Entrade can implement form-based access security and row-level database security for any form or data table within its application’s purview.

Pivot Table Reporting
Entrade’s end-user reporting makes getting information out of Entrade easy. Entrade presents reporting data in a pivot table format so that the data can be filtered, analyzed, sorted, and even exported to CSV/XML file formats.

Application Form Generator
With a little training and instruction, even non-programmers can develop new application forms within Entrade without having to write a single line of program code.

CONTACTS
HOUSTON OFFICE – HEAD OFFICE
1001 Texas Avenue Suite 800
Houston, TX 77002
Phone: +1 281-456-3690

LONDON OFFICE
Pennine Place
2A Charing Cross Road, London
London WC2H 0HF
Phone: +44 7870 264 876

BEIJING OFFICE
Room 607A Tianheng Mansion
Dongzhimen Wai
Beijing
Phone: +86 189 1020 3018

SINGAPORE OFFICE
9 Temasek Boulevard
#15-02 Suntec Tower Two
Singapore 038989
Phone: +65 6970 9635

TOKYO OFFICE
Level 1 Yusen Building
2-3-2 Marunouchi Chiyoda-ku
Tokyo 100-0005 Japan
Phone: +81 3 5533 8682

Reach out to us

12 + 7 =

Enuit implements complete front, middle and back-office ETRM functionality in under 10 weeks

In September 2020 Enuit announced that Kogas International Pte. Ltd., had selected Enuit’s ETRM Solution Entrade® to help manage it’s LNG imports. KOGAS, which is a state-run gas company, was established in August 1983 to improve the convenience and welfare of people...

INPEX ENERGY TRADING SINGAPORE PTE. LTD. selects ENTRADE® for ETRM

November 25, 2020 Singapore (November 2020) — Enuit, LLC announced today that INPEX ENERGY TRADING SINGAPORE PTE. LTD. (IETS) has begun implementing its flagship product, ENTRADE® to manage their trading risk and derivatives for crude oil. INPEX CORPORATION (INPEX),...

ENTRADE® wins Energy Risk’s 2020 Asia Award

November 17, 2020 SINGAPORE—Enuit LLC has been selected as the winner of the CTRM Software House of the Year in the 2020 Energy Risk Asia awards.  The Energy Risk Awards recognize excellence in energy risk management across the entire supply chain, from producers...

Kogas International Pte. Ltd., selects Enuit’s ETRM Solution Entrade® to help manage it’s LNG imports.

September 2020: Kogas International selects Entrade® to help optimize their trading operations. KOGAS is a state-run gas company which was established in August 1983 to improve the convenience and welfare of people through the supply of clean energy, natural gas. Its...

Pavilion Energy has selected ENTRADE® ETRM to support its Natural Gas trading business.

August 2020: Enuit LLC, a leading provider of Energy and Commodity Trading Risk Management (E/CTRM) Solutions, today announced that Pavilion Energy Spain, a wholly-owned subsidiary of Singapore-headquartered Pavilion Energy, has selected ENTRADE® ETRM to support their...

Introducing ENTRADE® Unite for Commodity Management

July 2020: In 2019 ENUIT® was selected as the CTRM vendor of choice for a multi-national, cross commodities trading company. During the planning and implementation phase the client commissioned ENUIT® to build into the core ENTRADE® system the functionality to support...

What Makes a Great E/CTRM system? An illuminating series for those who want to know.

What Makes a Great E/CTRM? Part 1 - meet Bob It’s a great question if you are in the business.  For the uninitiated, C/ETRM simply means Commodity/Energy Trading Risk Management and is an acronym for highly specialized, niche software addressing the needs of...

A new white paper by ComTech Advisory – Is it time to replace your E/CTRM?

March 2020: This week ComTech advisory published a White Paper which gives an Overview of the E/CTRM replacement market, technologies, the vendor landscape and reasons for making a change. Below you can find the link publication on their website: Enuit - Is it time to...

Enuit Gets Focused on Risk Analytics: An Interview between ComTech Advisory and Dr. Hui He

February 2020: This week Dr. Hui He, Managing Director of Analytics for Enuit had an interview with ComTech Advisory, the leading Analyst firm for ETRM/CTRM. Below can be found the results of that interview which written by the ComTech team: Enuit Gets Focused on Risk...

ComTech Advisory blog post – Addressing multiple commodities in a single platform

February 2020: Last week Enuit met with ComTech Advisory, the leading ETRM/CTRM analyst firm, to do a detailed demonstration of our Risk Management Solution ENTRADE®. Below is the write up from ComTech pulled from their online blog found here:...

Global Japanese mineral resources and metals trading business is fully operational with ENTRADE®

SINGAPORE, 15 October 2019: Enuit LLC, a leading provider of Energy and Commodity Trading Risk Management (E/CTRM) Solutions, today announced that a global Japanese mineral resources and metals trading business, its global headquarters located in Singapore, is now...

Enuit adds Dr. Hui He as managing director of analytics to its management team

August 2019 – Dr. Hui He joins the Enuit management team as Managing Director of Analytics Over the last couple of years, Enuit has been growing from strength to strength. From 2017 to 2019 we have signed some significant deals which have created the added benefit of...

Enuit president, David Meyers, invited to share his thoughts on CTRM radio, hosted by ComTech Advisory

July 2019 – Enuit interviewed on CTRM Radio We are proud to announce that last week we were invited to share our thoughts in CTRM radio, hosted by ComTech Advisory. In this edition of ComTech’s podcast, they talked with several experts in the area of trading and risk...

Enuit now operational in Europe – Opens new offices in London to support existing and new customers

June 2019 – Enuit have announced that they have opened new offices in London At the beginning of 2019, the executive team at Enuit made a decision to open new offices in London, UK. This move had been a long time coming and was pushed forward by the requirements of a...

Major LNG producer, transporter and marketer, go live with Enuit’s fully integrated ETRM solution, ENTRADE

Enuit’s ETRM Solution implemented in record time Tokyo — June 03 2019— Enuit, LLC (Houston, Texas) announced today that a major LNG producer, marketer and transporter, which is part of one of the worlds largest trading and investment companies, has gone live with...

Oriental Energy (Singapore) International Trading Pte Ltd Licenses Entrade

For Immediate Release February 28th, 2019 Oriental Energy (Singapore) International Trading Pte Ltd Licenses Entrade OE has contracted the use of Enuit’s flagship software Singapore — February 28th, 2019 — Enuit, LLC (Houston, Texas) announces Oriental Energy...

Beijing National Oil Company Licenses ENTRADE

Beijing, China (November 13, 2017) FOR IMMEDIATE RELEASE Beijing, China (November 13, 2017) – Enuit, LLC recently entered into an agreement with a Beijing-based National Oil company to license Enuit’s commodity trading platform, called ENTRADE, to support its...

CITIC Metals Goes Live With Entrade

 July 2018, CITIC has engaged Enuit to implement a Metals Trading Risk Management solution. This work has continued into December. In a period of about 6 months, Enuit delivered the first phase of the bulk commodity trading and risk management system on schedule.They...

LNG  I    NGL’s    I   Metals    I    Power    I    Natural Gas    I    Crude Cargo    I    Refined Products

CONTACTS

HOUSTON OFFICE – HEAD OFFICE
Phone: +1 281-456-3690

LONDON OFFICE
Phone: +44 7870 264 876

BEIJING OFFICE
Phone: +86 189 1020 3018

SINGAPORE OFFICE
Phone: +65 6970 9635

TOKYO OFFICE
Phone: +81 3 5533 8682

info@enuit.com

marketing@enuit.com

 

We’re listening

Succeeding through a win-win collaboration

ENUIT® provides ETRM and CTRM software for the Global Energy and Commodities market.

At ENUIT® we believe there is only one way to succeed: Listen to your clients, build superior solutions and provide the highest quality of service.