ION Commodities tops Energy Risk Software Rankings 2024 across multiple categories

LONDON – 03 April 2024: ION Commodities, a leading provider of energy and commodity management solutions, has once again secured the top spot in multiple categories of Energy Risk’s annual Software Rankings. This achievement demonstrates the industry’s confidence in ION’s commodity management software, ranging from cloud-based SaaS solutions to highly customizable trading and risk management solutions (ETRMs and CTRMs).

Energy Risk, a leading authority in risk software rankings within the energy sector, recently conducted its annual Energy Risk Software Rankings to recognize excellence in risk management across energy and commodity markets. Respondents voted for their preferred technology partners based on functionality, ease of integration, and quality of customer service. This year, ION Commodities ranked first in several categories for its comprehensive suite of trading, risk management, physical operations, and decision support software solutions. ION was voted the best technology partner with the widest derivative product coverage, as well as the best solution for multi-commodities coverage across physical trading, operations and logistics.  Additionally, ION ranked first for its treasury management software and its ability to seamlessly integrate front-to-back operations.

Amid unprecedented global shifts in energy and commodities markets, characterized by supply chain disruptions, energy transition, product proliferation, and regulatory compliance, ION has continued to provide customers with the technology software and data solutions necessary to navigate today’s complex market landscape, manage market volatility, optimize business operations, and improve profitability. Additionally, ION’s advanced range of energy and commodity management solutions aims to further integrate the entire energy value chain, spanning multiple business functions, including trading, risk management, scheduling, operations, regulatory compliance, trade finance, and data-driven decision-making.

“ION Commodities has outperformed in several key sections of the rankings, reflecting the high regard in which ION is held by its clients and the broader market,” said Stella Farrington, Head of Content, Energy Risk.

“We are honored to once again be recognized by our user community for our pivotal role in connecting and shaping the future of the energy and commodities industry,” says Richard Grossi, Chief Executive Officer at ION Corporates. “These rankings reaffirm our unwavering commitment to innovation and customer success, ensuring that our software solutions continuously evolve to help our customers maintain a competitive edge.”

About The Energy Risk Software Rankings

The annual Energy Risk Software Rankings recognize excellence in financial risk management across the commodities sector. The awards are open to energy and commodities vendors and applications, data providers, data management firms, and implementation specialists. Hosted by Risk.Net, the Energy Risk Software Rankings focus on prudent energy risk management; innovation in trading and risk management; and expertise in, and insight into, energy derivatives and other risk management tools.