CTRM Systems are Just the Tip of the Iceberg by Patrick Reames
Every company that trades commodities is using some type of system capture their trades, manage their positions, and account for the value of the trades. That’s not to say that all the systems being used are created equal they are most certainly not, after all a paper ledger book can be considered a system. Fortunately, ledger books have gone the way of buggy whips, and now when the term “system” is used, it implies that some form of computer software. “Software”, though, is a pretty broad term and can, and does, mean everything from Excel spreadsheets to a highly sophisticated commercially produced software packages that can cost up to tens of millions of dollars.






