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What is iRely i21?

iRely i21 is an advanced software solution tailored for commodity trading and risk management (CTRM), enabling organizations to oversee a range of activities including logistics, procurement, finance, and claims processing from a single platform. This innovative software equips employees with automated risk alerts, market exposure reports, risk position monitoring, margin analysis, and efficient stress testing capabilities. Additionally, iRely i21 allows for the reservation of inventory based on customer sample approvals and purchasing decisions, while effectively managing contractual terms related to price changes. It empowers teams to customize their analysis periods for both realized and unrealized profits, significantly reducing errors in month-end profitability assessments. The real-time accounting functionality also permits users to generate invoices based on diverse criteria, such as delivery schedules and contractual terms. Furthermore, it offers supervisors the ability to produce documents and keep track of parcel statuses, along with relevant shipping instructions, release orders, and shipping advice, thereby ensuring smooth operations throughout the entire workflow. This cohesive approach not only optimizes processes but also bolsters decision-making and enhances overall operational efficiency, ultimately contributing to better strategic outcomes for the organization.

What is Molecule?

Molecule stands out as a contemporary alternative to the outdated ETRM/CTRM systems that have long dominated the industry. This cloud-based platform ensures a user-friendly experience, delivers near real-time reporting, and boasts over 30 integrations, all while simplifying the implementation process. With its advanced capabilities, Molecule offers next-generation P&L insights, as well as immediate VaR and position reporting tailored for businesses engaged in trading a variety of commodities. It supports a wide range of markets, including power, natural gas, crude oil, renewables, biofuels, liquids, metals, agricultural products, softs, and FX futures/options. Molecule encapsulates the ideal features of an ETRM, providing a suite of automatic functions such as deal capture and market data acquisition. It also offers real-time position management, P&L calculations, and VaR assessments, along with customizable reporting powered by an embedded BI tool. Additional features include automatic reconciliation with FCMs, ISO connectivity for FTRs and virtuals, and connections to various exchanges and market data providers, ensuring seamless operations and accurate fund allocations. This comprehensive functionality makes Molecule a robust solution for modern trading needs.

Media

Media

Integrations Supported

AgOS Operations
Aloha Cloud by NCR Voyix
Barchart
FlashPoint
JD Edwards EnterpriseOne
Microsoft Dynamics 365
SAP Cloud Platform
Verifone

Integrations Supported

Enverus
ICE Connect
Kubernetes
Microsoft Excel
Microsoft Power BI
Morningstar
ZEMA Suite

API Availability

API Availability

Has API

Pricing Information

Pricing not provided

Pricing Information

Molecule offers 3 packages and is priced at a monthly package rate, with options for high trade volume, real-time SLAs, and additional usage above and beyond each package. It's offered on a yearly or multi-year contract basis.

Supported Platforms

SaaS
Android
iPhone
iPad

Supported Platforms

SaaS

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Online Training
On-Site Training

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

iRely

Date Founded

1983

Company Location

United States

Company Website

www.irely.com/home-old/

Company Facts

Organization Name

Molecule

Date Founded

2012

Company Location

United States

Company Website

www.molecule.io

Categories and Features

Commodity Trading and Risk Management (CTRM)

Accounting Management
Commodity Trading
Contract Management
Document Management
Financial Management
Logistics Management
Reporting/Analytics
Risk Management

Convenience Store

Not specified

ERP

Not specified

Farm Accounting

Not specified

Farm Management

Not specified

Financial Risk Management

Compliance Management
Credit Risk Management
For Hedge Funds
Liquidity Analysis
Loan Portfolio Management
Market Risk Management
Operational Risk Management
Portfolio Management
Portfolio Modeling
Risk Analytics Benchmarks
Value At Risk Calculation

Categories and Features

Commodity Trading and Risk Management (CTRM)

Blockchain Technology
Commodity Trading
Contract Management
Document Management
Reporting/Analytics
Risk Management
Third Party Integration

Energy Trading and Risk Management (ETRM)

Asset Analysis
Blockchain Technology
Contract Management
Document Management
Energy Trading
Reporting/Analytics
Risk Management
Third Party Integration

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