While all three can support trading operations, their focus and capabilities differ:
- ETRM (Energy Trading and Risk Management): Designed specifically for power, gas, renewables and other energy markets. Includes features like mark-to-market valuation, regulatory reporting and real-time risk monitoring.
- CTRM (Commodity Trading and Risk Management): Handles a wider range of commodities, such as metals and agriculture, but may lack the market-specific functionality needed for energy trading.
- ERP (Enterprise Resource Planning): Used for company-wide resource management, covering finance, HR, supply chain and operations. Not built for the speed and complexity of energy trading but can integrate with ETRM or CTRM platforms.