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8 Reasonsto Give Up Spreadsheets
for CTRM Software
Learn why spreadsheets are not an adequate solution for managing commodity trading and risk.
1Get a Grip on Your Real Profitability
Spreadsheets cannot formally link physical deals with their costs in a timely manner.
Check out the blog post 4 Reasons to Give Up Spreadsheets for CTRM Software to learn more.
CTRM (Commodity Trading & Risk Management) systems allow you to:
Check out the blog post 4 Reasons to Give Up Spreadsheets for CTRM Software to learn more.
CTRM (Commodity Trading & Risk Management) systems allow you to:
• View the full commercial value of a transaction over the life of a deal
Check out the blog post 4 Reasons to Give Up Spreadsheets for CTRM Software to learn more.
CTRM (Commodity Trading & Risk Management) systems allow you to:
• View the full commercial value of a transaction over the life of a deal
• Slice and dice profitability data by trader or business unit to support and improve future decision making
Check out the blog post 4 Reasons to Give Up Spreadsheets for CTRM Software to learn more.
CTRM (Commodity Trading & Risk Management) systems allow you to:
• View the full commercial value of a transaction over the life of a deal
• Slice and dice profitability data by trader or business unit to support and improve future decision making
• Analyze all-in costs to ensure a proposed transaction is as profitable as first appears
2Meet New Regulatory Requirements
Dodd Frank, EMIR, and other regulations require more than spreadsheets to remain in compliance.
CTRM systems allow you to:
Check out the blog post 4 Reasons to Give Up Spreadsheets for CTRM Software to learn more.
CTRM systems allow you to:
• Stay on the right side of the regulator
Check out the blog post 4 Reasons to Give Up Spreadsheets for CTRM Software to learn more.
CTRM systems allow you to:
• Stay on the right side of the regulator
• Remain in compliance from directly within the system with comprehensive risk mitigation, reporting, and audit capabilities
Check out the blog post 4 Reasons to Give Up Spreadsheets for CTRM Software to learn more.
CTRM systems allow you to:
• Stay on the right side of the regulator
• Remain in compliance from directly within the system with comprehensive risk mitigation, reporting, and audit capabilities
• Gain real-time responsiveness and enterprise-wide visibility across all regions and markets
Check out the blog post 4 Reasons to Give Up Spreadsheets for CTRM Software to learn more.
3Break Down the Corporate Silos
Spreadsheets multiply. Firms that rely on one, tend to rely on a dozen.
CTRM software provides:
Check out the blog post 4 Reasons to Give Up Spreadsheets for CTRM Software to learn more.
CTRM software provides:
• Integrated, front-to-back business processes that are supported by common data and rules
Check out the blog post 4 Reasons to Give Up Spreadsheets for CTRM Software to learn more.
CTRM software provides:
• Integrated, front-to-back business processes that are supported by common data and rules
• Maximum efficiency with one single version of the truth throughout the entire organization
Check out the blog post 4 Reasons to Give Up Spreadsheets for CTRM Software to learn more.
CTRM software provides:
• Integrated, front-to-back business processes that are supported by common data and rules
• Maximum efficiency with one single version of the truth throughout the entire organization
• More efficient sharing of information and less information stove-piping
Check out the blog post 4 Reasons to Give Up Spreadsheets for CTRM Software to learn more.
4Make the Right Decisions Every Time
Spreadsheets are not an effective system of record.
CTRM software enables:
Check out the blog post 4 Reasons to Give Up Spreadsheets for CTRM Software to learn more.
CTRM software enables:
• An accurate, centrally available record of all transactions
Check out the blog post 4 Reasons to Give Up Spreadsheets for CTRM Software to learn more.
CTRM software enables:
• An accurate, centrally available record of all transactions
• Smarter risk taking with real-time understanding of counterparty credit risks and exposures
Check out the blog post 4 Reasons to Give Up Spreadsheets for CTRM Software to learn more.
CTRM software enables:
• An accurate, centrally available record of all transactions
• Smarter risk taking with real-time understanding of counterparty credit risks and exposures
• Increased predictability and proactivity for managing financial performance
Check out the blog post 4 Reasons to Give Up Spreadsheets for CTRM Software to learn more.
5Secure Your Data and Your Business
By definition, spreadsheets are uncontrolled, presenting a huge security risk.
CTRM software systems enable:
Check out the blog post 4 More Reasons to Give Up Spreadsheets for CTRM Software to learn more.
CTRM software systems enable:
• Secure user permissions and access, detailed audit trails, and management approval of all activity
Check out the blog post 4 More Reasons to Give Up Spreadsheets for CTRM Software to learn more.
CTRM software systems enable:
• Secure user permissions and access, detailed audit trails, and management approval of all activity
• Operational controls to eliminate fraud
Check out the blog post 4 More Reasons to Give Up Spreadsheets for CTRM Software to learn more.
CTRM software systems enable:
• Secure user permissions and access, detailed audit trails, and management approval of all activity
• Operational controls to eliminate fraud
• Effective compliance monitoring in real-time through detailed and logical dashboards and alerts
Check out the blog post 4 More Reasons to Give Up Spreadsheets for CTRM Software to learn more.
6Overcome the Information
Management Hurdles
Managing data with spreadsheets requires a Herculean effort.
CTRM software systems:
Check out the blog post 4 More Reasons to Give Up Spreadsheets for CTRM Software to learn more.
CTRM software systems:
• Consolidate all data to enable maximum organizational productivity and accuracy
Check out the blog post 4 More Reasons to Give Up Spreadsheets for CTRM Software to learn more.
CTRM software systems:
• Consolidate all data to enable maximum organizational productivity and accuracy
• Eliminate manual reconciliations of internal and external data
Check out the blog post 4 More Reasons to Give Up Spreadsheets for CTRM Software to learn more.
CTRM software systems:
• Consolidate all data to enable maximum organizational productivity and accuracy
• Eliminate manual reconciliations of internal and external data
• Ensure information completeness and create repeatable processes to reduce the chance of errors rippling through the organization
Check out the blog post 4 More Reasons to Give Up Spreadsheets for CTRM Software to learn more.
7Secure the Best Business Results
You need advanced programming to get any meaningful insights from a spreadsheet.
CTRM systems provide:
Check out the blog post 4 More Reasons to Give Up Spreadsheets for CTRM Software to learn more.
CTRM systems provide:
• All the features traders need out-of-the-box and in a multi-user, real-time environment
Check out the blog post 4 More Reasons to Give Up Spreadsheets for CTRM Software to learn more.
CTRM systems provide:
• All the features traders need out-of-the-box and in a multi-user, real-time environment
• Advanced analytics to gain real-time access to accurate P&L, VaR, and mark-to-market exposures
Check out the blog post 4 More Reasons to Give Up Spreadsheets for CTRM Software to learn more.
CTRM systems provide:
• All the features traders need out-of-the-box and in a multi-user, real-time environment
• Advanced analytics to gain real-time access to accurate P&L, VaR, and mark-to-market exposures
• Optimized scenario rankings to allow traders to quickly identify the most profitable outcomes before entering a deal
Check out the blog post 4 More Reasons to Give Up Spreadsheets for CTRM Software to learn more.
8Keep Stakeholders on Your Side
Spreadsheets send the message that you are not taking corporate governance seriously.
CTRM systems provide:
Check out the blog post 4 More Reasons to Give Up Spreadsheets for CTRM Software to learn more.
CTRM systems provide:
• A secure, official, and time-stamped version of events that can be verified in case of audit, research, or investigation
Check out the blog post 4 More Reasons to Give Up Spreadsheets for CTRM Software to learn more.
CTRM systems provide:
• A secure, official, and time-stamped version of events that can be verified in case of audit, research, or investigation
• Reassurance to the markets on the validity of all financial statements and disclosures
Check out the blog post 4 More Reasons to Give Up Spreadsheets for CTRM Software to learn more.
CTRM systems provide:
• A secure, official, and time-stamped version of events that can be verified in case of audit, research, or investigation
• Reassurance to the markets on the validity of all financial statements and disclosures
• Increased confidence of external and internal stakeholders by implementing a demonstrable commitment to transparency
Check out the blog post 4 More Reasons to Give Up Spreadsheets for CTRM Software to learn more.
Don’t let multiplying spreadsheets drive you crazy!
See what a next-generation Commodity Management system like Eka’s Insight CM can do for your business.