ION Commodities leads multiple categories in 2023 Energy Risk Software Rankings

30 March 2023

LONDON – 30 March 2023: ION Commodities, a leading provider of energy and commodity management solutions, has again ranked first across multiple categories in Energy Risk’s 2023 Software Rankings. These include best C/ETRM software for derivatives, physical trading, operations, and logistics across the oil and gas, LNG, power, metals, agriculture, and environmental certificate markets.

Each year, Risk.net – a leading source for in-depth news and analysis of complex markets – compiles the Energy Risk Software Rankings in which commodities software users vote for their preferred vendors and applications, data providers, and implementation specialists to determine the rankings. The results provide a unique opportunity for vendors across the industry to gain valuable recognition, setting recipients apart from other players.

ION Commodities came out on top in several categories for its comprehensive suite of trading, risk management, and decision-support software solutions that provide unique business insights across regions and industries. ION Commodities ranked first in Derivatives Software; in Enterprise Risk Software; in Physical Trading, Operations, and Logistics Software; and in Front- and Middle-Office Functionality. It also ranked first in Enterprise-Wide Data Capture and Storage and Shipping Software. Topping Energy Risk’s 2023 Software Rankings adds to the long list of awards ION has won over the past 12 months, including Energy 50, Energy Risk Asia, and CTRM Software House of the Year.

“Winning in various categories in the Energy Risk Software Rankings indicates how well ION Commodities has been able to meet customers’ expectations. This year, ION Commodities dominated both the Derivatives Software and Physical Trading Software sections and ranked at the top in key Front- and Middle-Office Functionality areas,” said Stella Farrington, Head of Content, Energy Risk.

“We’re proud of the recognition from Risk.net as it confirms our ability to meet the evolving needs across diverse commodity industry sectors. We also thank our customers for their votes. We will continue to collaborate with our customers, recognizing their challenges and delivering best-in-class software solutions with a forward-looking view of the market and of the community we serve,” said Sunil Biswas, Chief Product Officer, ION Commodities.

About The Energy Risk Software Rankings
The annual Energy Risk Software Rankings recognise 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.

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About ION Group

ION Group provides mission-critical trading and workflow automation software, high-value analytics and insights, and strategic consulting to financial institutions, central banks, governments, and corporates. Our solutions and services simplify complex processes, boost efficiency, and enable better decision-making. We build long-term partnerships with our clients, helping transform their business for sustained success through continuous innovation. For more information, visit https://iongroup.com/.

About ION Commodities

ION Commodities delivers data-driven energy and commodities trading and risk management solutions across the supply chain. Our scalable ETRM and CTRM solutions equip clients to use real-time risk analytics and reporting, minimize supply chain risks, automate critical business processes, and make faster, more informed decisions. We provide full support and transparency for procurement, supply, and trading to a global community of over 1,200 clients. For more information, visit https://iongroup.com/commodities/.