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Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

HydraX offers an energy trading and risk management (ETRM/CTRM) platform designed to enhance the integration of front-to-back office workflows specifically for oil and gas enterprises. By providing a consolidated view of market data, risk factors, and operational processes, our solution streamlines complex legacy systems, creating more opportunities for our clients. Our cloud-based software not only facilitates business growth with ease but also reduces costs associated with technology deployment, infrastructure, and team expansion. Clients benefit from real-time access to both internal and external data, which empowers them to swiftly adapt to market changes and make informed trading decisions. Additionally, by digitally and seamlessly integrating workflows, businesses can replace outdated methods like spreadsheets and disparate systems, thereby reducing the likelihood of errors and mitigating risks. This innovative approach not only modernizes operations but also positions companies to thrive in a competitive market landscape.

Description

Molecule is the modern ETRM/CTRM alternative to the complex systems of the past. Molecule is cloud-native and provides an easy-to-use experience, near real-time reporting, 30-plus integrations, and headache-free implementations. Molecule provides next-generation P&L, and near real-time VaR and position reporting for companies that trade any kind of commodity. Molecule can be used for power, natural gas, crude oil, renewables, biofuels, liquids, metals, agricultural products, softs and FX futures/options. Molecule is everything an ETRM should be. • Automatic deal capture • Automatic Market Data • Automatic position, P&L and near real-time VaR • Customized and advanced reporting with an embedded BI Tool • Automatic FCM reconciliation • ISO connectivity for FTRs and virtuals • Connectivity to multiple exchanges, market data providers and other sources • Fund allocations

API Access

Has API No 

API Access

Has API Yes 

Screenshots View All

Screenshots View All

Integrations

Canton Yes 
Enverus No 
ICE Connect No 
Kubernetes No 
Microsoft Excel No 
Microsoft Power BI No 
Morningstar No 
ZEMA Suite No 

Integrations

Canton No 
Enverus Yes 
ICE Connect Yes 
Kubernetes Yes 
Microsoft Excel Yes 
Microsoft Power BI Yes 
Morningstar Yes 
ZEMA Suite Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

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.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) Yes 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person No 

Vendor Details

Company Name

Hydra X

Founded

2018

Country

Singapore

Website

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

Vendor Details

Company Name

Molecule

Founded

2012

Country

United States

Website

www.molecule.io

Product Features

Commodity Trading and Risk Management (CTRM)

Accounting Management No 
Blockchain Technology No 
Commodity Trading No 
Contract Management No 
Document Management No 
Financial Management No 
Logistics Management No 
Reporting/Analytics No 
Risk Management No 
Third Party Integration No 

Energy Trading and Risk Management (ETRM)

Accounting Management No 
Asset Analysis No 
Blockchain Technology No 
Contract Management No 
Document Management No 
Energy Trading No 
Financial Management No 
Product Scheduling No 
Reporting/Analytics No 
Risk Management No 
Third Party Integration No 
Trade Validation No 

Product Features

Commodity Trading and Risk Management (CTRM)

Accounting Management No 
Blockchain Technology Yes 
Commodity Trading Yes 
Contract Management Yes 
Document Management Yes 
Financial Management No 
Logistics Management No 
Reporting/Analytics Yes 
Risk Management Yes 
Third Party Integration Yes 

Energy Trading and Risk Management (ETRM)

Accounting Management No 
Asset Analysis Yes 
Blockchain Technology Yes 
Contract Management Yes 
Document Management Yes 
Energy Trading Yes 
Financial Management No 
Product Scheduling No 
Reporting/Analytics Yes 
Risk Management Yes 
Third Party Integration Yes 
Trade Validation No 

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