White Papers Is It Time to Replace Your E/CTRM? - Page 7

A ComTechAdvisory Whitepaper Is It Time to Replace Your E/CTRM? • Poor, time-lagged information, • Rudimentary risk management and controls, and • Expensive maintenance costs. However, by following Enuit’s approach, the user was able to successfully replace all the older solutions using a replacement / Implementation strategy designed specifically for the purpose. Enuit chose Europe as the base location and established a project with the users to baseline the global replacement approach and design based on the experiences there. As Europe was replaced and lessons learned, this was replicated in the semi-parallel Asian roll-out by keeping the CTRM design principles intact. The non-ferrous metals trading operations were consolidated into a single ENTRADE platform to provide accurate risk reporting capabilities; streamline trading operations and reduce the overall IT spend across 3 different locations. © Commodity Technology Advisory LLC, 2020, All Rights Reserved. 7