HERMES provides a web-based platform for commodity trading and risk management, enabling real-time trade capture, position management, and risk analysis. By streamlining administrative tasks, it allows traders to focus on decision-making and enhances operational efficiency, resulting in up to 75% time savings in daily activities.
Funding
Funding not disclosed
Founders
Product
Problem
Commodity traders often struggle with disparate systems for trade capture, position management, and risk analysis, leading to inefficiencies and increased operational risk. Managing the entire trading lifecycle across multiple platforms can be time-consuming and prone to errors.
Solution
HERMES CTRM is a web-based commodity trade and risk management (CTRM) software that consolidates trading, operational, and financial management into a single platform. It streamlines the entire trading lifecycle, offering real-time trade capture, position management, risk analysis, and accounting settlement. The platform is designed to be customizable, allowing businesses to tailor the system to their specific workflows and integrate with existing systems. By automating administrative tasks and providing a comprehensive view of positions, HERMES enables traders to focus on decision-making and improve profitability.
Target Audience
The primary target audience includes physical commodities traders seeking to streamline operations, reduce risk, and improve decision-making.
Features
- Real-time trade capture and position management
- Integrated risk analysis and reporting
- Customizable workflow configuration
- Accounting and settlement tools
- Inventory, product, location, and storage facility management
- Configurable reports and dashboards with data visualization
- Role-based permissions and user management
- API for integration with Microsoft Dynamics 365 Business Central and tegossuite