Legacy CTRM vendors, take note: a lower-cost, AI-native challenger just landed its first customer.
CTRM Next, a new cloud-native commodity trading and risk management platform, went live on Sept 28 with its first customer — a Swiss oil and refined products trader — after completing UAT. It’s already building a pipeline into Gulf region firms, Brazilian agri traders, and an emissions-trading module for Dubai-based traders, pitched on AI-powered assistance, GPU analytics, and full trade-lifecycle coverage at a lower price point than incumbent suites.
This is the wedge worth tracking in CTRM right now: AI-native, affordability-first entrants going after customers that legacy platforms have been slow to serve well.
Source: CTRM Next Goes Live With First Customer – CTRM Center
Why now: Launched this week and sits right in the CTRM AI-applications space — a natural spot to weigh in on what “AI-native CTRM” should actually mean in practice.