In the fast-paced world of commodity trading, on-premise CTRM solutions are gaining traction as organisations re-evaluate their IT strategies. Many are focusing on Commodity Trading and Risk Management (CTRM) software. While cloud computing has been promoted as a revolutionary solution, many businesses find that it often does not meet their expectations. As a result, more [...]
In this article we will delve into the economics sugar trading. We will also touch on financial risk management, the history of sugar, the by-products of the refining process, and provide the latest economic data on sugar for 2024 and 2025. Originating in ancient India around 350 AD, sugar production gradually spread to the Mediterranean [...]
Copper Trading and the Economic Outlook Copper is one of the most widely used metals in the world since the discovery of electricity by Benjamin Franklin in 1752. The metal, also known as Dr. Copper, has widespread applications in various industries such as electrical products, building industry, transportation, and many more. Many market analysts regard [...]
Introduction This week representatives of ComFin Software attended the EDAY 2024 in Vienna, Austria. The EDAY illustrated how Artificial Intelligence (AI) can unleash business opportunities and offer valuable assistance to companies. Nevertheless, the adoption of state-of-the-art technologies prompts considerations about the consequences of data usage and the significance of data, topics that were extensively explored [...]
In the diverse world of niche businesses, from artisanal bakeries to tech startups focusing on specific innovations, accounting plays a crucial role that extends beyond basic financial management. These unique enterprises face distinct challenges and opportunities that demand specialized accounting strategies tailored to their specific market and operational needs. This article explores the importance of [...]
The commodity trading and risk management (CTRM) strategy plays a pivotal role in navigating the complex landscape of commodity markets, especially in the wake of recent global events. With the surge in volatility due to geopolitical tensions and climate-related disruptions, organisations are increasingly turning to sophisticated CTRM strategies to mitigate risks and optimise their trading [...]
The European Union (EU) has proposed a law that would ban the sale of new cars and vans that run on petrol or diesel from 2035 onwards. This is part of the bloc's ambitious plan to achieve net-zero emissions by 2050 and fight climate change. But the law has faced opposition from some member states, [...]
When it comes to commodity trading, compliance is a crucial element. It involves staying abreast of and complying with various rules and regulations. Governments, exchanges, and other authorities may have their own set of rules and regulations. Given the complexity and diversity of the markets, products, contracts, and transactions involved in trading commodities, compliance can [...]
Implementing a commodity trading and risk management (CTRM) software system into your company’s workflow can be daunting – especially if everyone at your company has grown accustomed to using legacy systems. But making use of powerful CTRM software is essential if you wish to streamline your operations. CTRM software can help you manage your commodity [...]
Mining products trading in Africa has been an important economic activity for many countries on the continent. Africa is a mineral-rich continent with vast reserves of various minerals, including gold, copper, and iron ore. The mining industry has been a key driver of economic growth in many African countries. In 2019, the Africa Mining Vision [...]
