Audience
Multi-commodity energy companies
About Paragon Energy Risk Manager System (ERM)
ERM is a fully integrated trading, credit, and market risk management solution for complex, multi-commodity energy companies. Our CRM manages credit risk, including counterparty, contract, collateral, exposure management, advanced credit analytics, and credit scoring.
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IGNITE CTRM/ETRM
IGNITE is an award-winning Commodity and Energy Trading and Risk Management (ETRM / CTRM) platform, specializing in processes related to the buying and selling of commodities, and their associated logistics and risk management activities. IGNITE’s CTRM technology includes processes to support: pre-deal, contract management, trade finance, transaction capture (physical and derivatives), risk measure & monitor, inventory management & operations, processing, actualization and settlement. To provide an advanced multi-commodity Software-as-a-Service (SaaS) delivered, CTRM platform that gives our clients the confidence to work with speed and efficiency across front, middle and back office business – and at a fraction of the cost of our competitors! Our award-winning platform, is an essential element in risk management, transactional strategies and administration pertaining to commodity trading, risk, accounting and related activities.
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HERMES
Hermes Tech CTRM is a cutting-edge software that enhances commodity trading efficiency while minimizing operational risks. Our user-friendly web app simplifies every aspect of the trading lifecycle, providing real-time trade capture, position management, risk analysis, and accounting settlement. With our innovative platform, you gain a comprehensive and accurate view of your positions, empowering you to make informed decisions and maximize profitability.
At Hermes Tech, we offer customizable end-to-end solutions that embrace your workflow. Our mission is to deliver cutting-edge technology at an affordable price to commodity traders who want to upscale their business. We fundamentally believe that by prioritizing your core business and minimizing time spent on administrative tasks, you can outpace your competition and achieve remarkable growth.
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Comcore
Comcore enables central capture and management of all of the key components of both physical and paper (OTC, exchange) commodity trades.
The Risk Management functions include
• Mark-to-Market valuations of open physical trades (crude oil, refined petroleum products, petrochemicals, base metals, concentrates, precious metals, agricultural products) and derivatives
• Exposure and PnL reporting
• Value-at-Risk (parametric, historical, and Monte Carlo)
• Trading Limits
• Credit risk
The back office functionality includes invoice generation/management, Profit & Loss reporting (both actual and projected), automatic notifications, and flexible reporting.
Comcore can be integrated with 3rd party applications like ERP systems, accounting systems, or even other CTRM systems.
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CRisk
CRisk is a modern cloud solution that delivers intelligent oversight of credit related risks across all traded commodities and business entities. CRisk helps to protect profits, supporting credit and finance teams to manage the entire OTC counterparty credit lifecycle, by real-time exposure monitoring (both current and PFE), counterparty assessment, limit management and effective CSA marginingKey features
- -Centrally manage all credit information in one place, regardless of trade capture system
- Understand your counterparty exposure (including future exposure) across the business
- Quickly respond to real-time updates about credit utilization limit changes
- Evaluate the risk profile of potential counterparties more accurately
- Manage calls, interest and other demands efficiently
- Save time via automated letters of credit workflow
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Integrations
No integrations listed.
Company Information
MCG Energy Solutions
Founded: 1995
United States
www.mcgenergy.com
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Product Details
Platforms Supported
Cloud
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