Company Research Report: Molecule Software, Inc.
Company Overview
- Name: Molecule Software, Inc.
- Mission of the Company: To build a better, more modern ETRM/CTRM software that caters to dynamic trade risk management needs.
- Founded: In 2012
- Founders: Information on specific founders not available.
- Key People: Information not detailed for key individuals.
- Headquarters: Houston, Texas, USA
- Number of Employees: No specific data available.
- Revenue: No specific data available.
- Specialization: Known for providing modern, cloud-native ETRM/CTRM (Energy and Commodity Trading Risk Management) software. Molecule handles both physical and financial products, trading across multiple commodities daily.
Products
- ETRM/CTRM Software Platform:
- High-level Description: Molecule's software is a robust, modern platform that aims to facilitate trade risk management with high efficiency and reliability.
- Key Features:
- Powerful + Intuitive Interface: Packs all essential trade risk management features into a user-friendly, customizable interface.
- Fully Automated + Integrated: Automates trade management from front to back office, allowing seamless data integration from over 30 sources.
- Customizable Reporting: Allows for comprehensive reporting using integrations with tools like Excel and Power BI.
- Automatic Deal Capture: Integrates with trading platforms via built-in connectors for instant trade flow.
- Market Data Integration: Provides automatic end-of-day market data through connectors like Morningstar and MarketView.
- Position, P&L, and Risk Automation: Uses industry-standard calculations for quick portfolio evaluation.
- Proactive Support: Offers a support team focused on resolving issues proactively before clients notice them.
- Additional Offerings:
- Hive (Renewables): Specialized functionalities for managing renewable energy trading.
- Elektra (Power): Tools for handling power trade risk management.
- Djinn (Crypto): Visibility and management tools for crypto trading portfolios.
- Bigbang (Data Lake): Tool for consolidating and analyzing trading data across sources.
Recent Developments
- Recent Product Enhancements:
- October 2024: Released enhancements to the Hive add-on to streamline the management of production-linked certificates and obligations in the renewable energy sector.
- Reports and Publications:
- July 31, 2024: Published a report highlighting the necessity for modernizing trade risk operations within trading organizations, emphasizing the importance for modernization in 90% of survey respondents.
- Milestones:
- January 30, 2024: Achieved a significant milestone with five million trades captured using their E/CTRM software in its 12-year history.
- Partnerships:
- October 10, 2023: WGL Energy Services selected Molecule’s ETRM platform for its capabilities in managing gas, power, and renewables.
In summary, Molecule Software, Inc. continues to be a pioneer in modern energy and commodities trading risk management with a focus on innovative technology and customer-centric services. Through their evolving product offerings and operational enhancements, they aim to meet the complex demands of the trading industry effectively. The company remains committed to delivering solutions that integrate seamlessly with their customer’s business needs while maintaining a high standard for proactive support and user experience.