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What is TrackonAI?

TrackonAI stands out as a cutting-edge cloud-based CTRM platform tailored for commodity trading operations, delivering authentic trading capabilities while eliminating the high costs and intricate challenges linked to conventional enterprise systems. It covers the full spectrum of the trade lifecycle, which includes trade capture, purchase and sales contracts, tracking positions and profit and loss, invoicing, and thorough shipment and voyage monitoring with real-time vessel data, as well as effective document management solutions. In contrast to many other products that treat AI as a secondary feature, TrackonAI embeds artificial intelligence deeply within its framework, equipping each user with an AI assistant that can effortlessly search, clarify, and update trading details in plain language, in addition to providing intelligent document analysis and workflow suggestions powered by AI. Furthermore, the platform includes a comprehensive risk management module, which features tools for hedge book management, exposure assessments, scenario analyses, and testing hedge effectiveness, while also facilitating sanctions screening and approval processes via WhatsApp. Created by Trackon Software, a Dubai-based company with more than fifteen years of experience in the CTRM industry and granted the Dubai AI Seal, TrackonAI guarantees a quick and efficient onboarding process, often completed in just a few days, a stark contrast to the months typically needed by other platforms. This expedited approach empowers users to swiftly leverage the platform's capabilities and remain agile in response to the dynamic requirements of commodity trading, ensuring they stay competitive in a rapidly changing market landscape.

What is HydraX?

HydraX provides a cutting-edge energy trading and risk management (ETRM/CTRM) platform tailored to improve the connection between front and back office processes, particularly for companies in the oil and gas sector. Our platform delivers a unified perspective on market intelligence, risk assessments, and operational workflows, effectively modernizing complex legacy systems and unlocking new opportunities for our clients. The cloud-based nature of our software promotes seamless business expansion while minimizing expenses related to technology adoption, infrastructure upkeep, and workforce scaling. Clients gain the advantage of real-time access to both internal and external data, enabling them to quickly respond to shifts in the market and make well-informed trading choices. Furthermore, by facilitating the digital integration of workflows, businesses can move away from outdated practices such as spreadsheets and unconnected systems, significantly lowering the risk of errors and enhancing overall risk management. This forward-thinking strategy not only revitalizes operational efficiency but also equips organizations to succeed in a challenging competitive environment. In doing so, companies can harness the full potential of their resources and adapt to continuous changes in the energy landscape.

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Media

Integrations Supported

Integrations Supported

Canton

API Availability

API Availability

Pricing Information

Contact vendor

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
Online Training
On-Site Training

Training Options

Online Training

Company Facts

Organization Name

Trackon Software

Date Founded

2011

Company Location

United Arab Emirates

Company Website

trackon.ai

Company Facts

Organization Name

Hydra X

Date Founded

2018

Company Location

Singapore

Company Website

www.hydrax.io/oil-and-gas/

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