ETRM Simulator

Get "Hands-On" ETRM Application Simulation Experience

Your Role

Your Challenge

You are the Trading Head of an American Crude Oil Refining Company. Unfortunately, your company is broke and cannot afford more staff.

Therefore, you need to play the role of a Trader, Operator, Risk Analyst, Settlements Analyst, EOD Specialist and an ETRM Consultant.

Your boss thinks you are Superman.

Your Challenge

Buy half a million barrels of crude oil from a producer in the Middle East. Hedge this position using a Brent Futures contract.

Assign a vessel and capture the logistics information to move this crude to your refinery in Houston. Invoice the trade at the correct price. Generate the physical and financial exposure reports.

Finally, create all the master data (counterparty, trader, etc) to capture this full scenario into the system.

Your boss wants this done before EOD.

Your Goal

Your Challenge

Your Goal

Capture the full scenario in the ETRM Application Simulator. Create your own trade data / master data and see how this impacts downstream risk reports.

Perform different combinations to gain a detailed understanding of how ETRM applications actually capture such a real-world physical trade and hedging scenario.

Are you ready to step into the shoes of an ETRM / CTRM Analyst?

Record Your Physical Trade

ETRM Simulator - Key Features

Capture Physical and Paper Trades

Starting point of all ETRM applications. Here, we put you in the shoes of a physical and paper trader. You will be able to capture various trade elements dynamically into the system which is commonly captured by ETRM applications.

Try it Now

Perform Operations and Logistics

Capture Physical and Paper Trades

Now you change roles. You put on the hat of an Operator. In this step, you need to nominate a vessel, assign the quantities, load and discharge ports and link it to the physical trade. You will capture all these elements dynamically in the simulator

Generate Risk Reports

Capture Physical and Paper Trades

Generate Invoices for Payments

Next, based on the trade data you have captured, you will see how the position and exposure reports are generated. Here, you can play with the trade data and see how this impacts your overall portfolio. Be careful – if you underhedge or overhedge-> you risk yourself to speculation!

Generate Invoices for Payments

Now, you are a Settlements Analyst. Here you create an invoice for both the physical and financial trades against the counterparty you traded. Normally, this stuff is automated in ETRM applications, but to really understand them, you should know how to manually capture and process them to accounting!

Go through EOD processes

Generate Invoices for Payments

Create all the Master Data

Probably the most crucial part of any ETRM application is the running of successful EOD / COB process on a daily basis. This usually happens overnight and a whole bunch of workflows are triggered so that all the various teams in the trading house have their information ready before the next trading day.

Create all the Master Data

Generate Invoices for Payments

Create all the Master Data

Based on the scenario provided, you can get creative and create the required relevant master data such as counterparties, set credit limits against them, create business users and assign roles, create different contract types, products, transportation methods and various other such elements commonly stored in an ETRM application

What You Can Expect to Learn via the Simulator

How to capture the relevant trades in commodity / physical trading business?

Enter details for both physical commodities and financial derivatives.
Ensure accuracy in trade data entry to reflect real-world scenarios.
Maintain comprehensive records for audit and analysis purposes.
Utilize system functionalities to streamline trade entry processes.
Identify key components such as pricing, volumes, and contract terms.
Analyze how different elements impact overall trade value and risk.
Recognize the significance of each element in trade negotiations.
Apply knowledge to assess trade profitability and compliance.

How to perform scheduling and operations?

Assign Vessels and Manage Logistics
Allocate appropriate transportation resources for commodity movement.
Capture logstics statuses to ensure timely arrivals and departures.
Record details of load and discharge ports accurately.
Update schedules to reflect real-time changes in logistics plans.
Adjust plans based on unforeseen events or market fluctuations.

What are the key risk metrics in commodity trading and how to view them?

Create comprehensive position and exposure reports.
Learn how to view different trades and how to query them properly
View how physical and paper exposure reports are built
Understand how different filters are used to bucket exposures in different ways
Analyze data to identify potential risk exposures.
Ensure reports are updated regularly for accuracy.

How to perform Settlement and Invoicing

Ensure all trade details are correctly reflected in invoices.
Verify pricing, quantities, and terms before issuance.
Maintain consistency with contractual agreements.
Learn how to query for different invoices and fix them if required
Oversee the process of payments and receipts.

How to configure the relevant Master Data?

Establish records for counterparties, traders, and other key entities.
Regularly update information to reflect current statuses.
See different master data elements commonly captured by ETRM applications

What is the EOD / COB process and how does it impact the trading house?

View how EOD / COB teams use checklist to verify EOD processes
See crucial eod processes which are commonly run in an ETRM application
Understand how these are reported and communicated to various teams

The ONLY Learning Simulator Designed By Industry Experts

Get "Hands-On" ETRM Application Simulation Experience

Your Role

Your Challenge

Your Challenge

Your Challenge

Your Challenge

Your Challenge

Your Goal

Your Challenge

Your Goal

ETRM Simulator - Key Features

Capture Physical and Paper Trades

Capture Physical and Paper Trades

Capture Physical and Paper Trades

Perform Operations and Logistics

Capture Physical and Paper Trades

Capture Physical and Paper Trades

Generate Risk Reports

Capture Physical and Paper Trades

Generate Invoices for Payments

Generate Invoices for Payments

Generate Invoices for Payments

Generate Invoices for Payments

Go through EOD processes

Generate Invoices for Payments

Create all the Master Data

Create all the Master Data

Generate Invoices for Payments

Create all the Master Data

What You Can Expect to Learn via the Simulator

How to capture the relevant trades in commodity / physical trading business?

How to perform scheduling and operations?

What are the key risk metrics in commodity trading and how to view them?

How to perform Settlement and Invoicing

How to configure the relevant Master Data?

What is the EOD / COB process and how does it impact the trading house?

How Do I Access the ETRM Learning Simulator?

Click on Access Now Button

Click on Access Now Button

Click on Access Now Button

Enter Your E-mail

Click on Access Now Button

Click on Access Now Button

Make Payment

Click on Access Now Button

Make Payment

Contact Us / Book a Demo!

Have more questions? We would love to hear them!

Connect With Us

Diese Website verwendet Cookies.