In this webinar with ComTech Advisory, Gen10 will discuss some old perceptions of CTRM implementations, their challenges and how things have changed. Discover why it’s easier than ever to undergo digital transformation today.
Before the global Covid-19 crisis, analysts had been predicting a continuation of the slump in commodity trading margins, which had already fallen 20% since their 2015 peak. Metals traders have been aware of these reducing margins and exploring solutions to improve profitability for some time, although the disruption of recent months has created more urgency to protect both profitability and the business from a growing range of risks.
Digitalisation can be an overused and misapplied term. It means more than simply converting offline information into a digital format (technically known as digitisation): the goal of digitalisation is to use technology to improve the workflows that create and use the digital information.
Within the energy industry there are a wide range of supply chain positions, from commodity producers, through refiners and commodity traders, to generators and energy traders. Each of these players have very different roles and therefore different requirements from their commodity and energy trading software, yet many ETRM suppliers attempt to create one solution to fit all.
Gen10 recently sponsored Energy Trading Week Online, a leading online event for energy traders. Below, we summarise our main takeaways from the 3 days of panel sessions and what they might mean for trading companies and utilities moving forward.
Disruption isn’t over
The event began with a discussion of the impact of Covid-19 on energy markets, economies and working practices
