{"id":11662,"date":"2020-03-04T03:02:41","date_gmt":"2020-03-04T08:02:41","guid":{"rendered":"https:\/\/www.ctrmcenter.com\/?p=26323"},"modified":"2020-03-04T03:02:41","modified_gmt":"2020-03-04T08:02:41","slug":"how-etrm-got-the-rm-bit","status":"publish","type":"post","link":"https:\/\/www.comtechadvisory.com\/blog\/how-etrm-got-the-rm-bit\/","title":{"rendered":"How ETRM Got the RM bit\u2026"},"content":{"rendered":"<p>Back in the late 90&#8217;s, the ETRM (and CTRM) software category didn&#8217;t actually exist. There were probably a few solutions around for oil trading and perhaps a few for trading metals and ags\/softs but they didn&#8217;t resemble the solutions you would see today. Power and natural gas had not been liberalized and other commodities were mostly bought and sold on a long-term contract basis. Natural gas marketing functionality at this point was often a module in a production &#038; revenue accounting solution. Vendors like Allegro (now ION), Energy Solutions and Ensyte Energy software got their start in this area. Then, in 1992,\u00a0 FERC Order 636 came along in the US and natural gas was unbundled and a wholesale market created. A host of new small vendors emerged offering natural gas management solutions &#8211; among them was TransGas Management (later renamed to TransEnergy Management) where I and Patrick started our vendor-side careers. Other vendors competed with us such as DMA, DC Systems, and Primo. Allegro, Energy Solutions and Ensyte survived and thrived in this new market while some gas companies either sponsored solutions like Alta (Williams &#038; PanEnergy) or offered their internal solution to the market like Tenneco with the TenSpeed<a href=\"https:\/\/www.ctrmcenter.com\/blog\/energy-trading\/how-etrm-got-the-rm-bit\/\">&#8230; continue reading<\/a><br \/>\nContinue reading <a href=\"https:\/\/www.ctrmcenter.com\/blog\/energy-trading\/how-etrm-got-the-rm-bit\/\">How ETRM Got the RM bit&#8230;<\/a>. This article appeared first on <a href=\"https:\/\/www.ctrmcenter.com\/\">CTRM Center<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Back in the late 90&#8217;s, the ETRM (and CTRM) software category didn&#8217;t actually exist. There were probably a few solutions around for oil trading and perhaps a few for trading metals and ags\/softs but they didn&#8217;t resemble the solutions y&#8230;<\/p>\n","protected":false},"author":22,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How ETRM Got the RM bit\u2026 | Commodity Technology Advisory<\/title>\n<meta name=\"description\" content=\"Back in the late 90&#8217;s, the ETRM (and CTRM) software category didn&#8217;t actually exist. There were probably a few solutions around for oil trading and perhaps a few for trading metals and ags\/softs but they didn&#8217;t resemble the solutions y...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.comtechadvisory.com\/blog\/how-etrm-got-the-rm-bit\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How ETRM Got the RM bit\u2026 | Commodity Technology Advisory\" \/>\n<meta property=\"og:description\" content=\"Back in the late 90&#8217;s, the ETRM (and CTRM) software category didn&#8217;t actually exist. There were probably a few solutions around for oil trading and perhaps a few for trading metals and ags\/softs but they didn&#8217;t resemble the solutions y...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.comtechadvisory.com\/blog\/how-etrm-got-the-rm-bit\/\" \/>\n<meta property=\"og:site_name\" content=\"Commodity Technology Advisory\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CommodityTechnologyAdvisory\" \/>\n<meta property=\"article:published_time\" content=\"2020-03-04T08:02:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.comtechadvisory.com\/wp-content\/uploads\/2013\/06\/social-square-logo.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"700\" \/>\n\t<meta property=\"og:image:height\" content=\"700\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Gary Vasey\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@comtechadvisory\" \/>\n<meta name=\"twitter:site\" content=\"@comtechadvisory\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Gary Vasey\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.comtechadvisory.com\/blog\/how-etrm-got-the-rm-bit\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.comtechadvisory.com\/blog\/how-etrm-got-the-rm-bit\/\"},\"author\":{\"name\":\"Gary Vasey\",\"@id\":\"https:\/\/www.comtechadvisory.com\/#\/schema\/person\/7bbe28e59e09a076a043cc6838fcedb4\"},\"headline\":\"How ETRM Got the RM bit\u2026\",\"datePublished\":\"2020-03-04T08:02:41+00:00\",\"dateModified\":\"2020-03-04T08:02:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.comtechadvisory.com\/blog\/how-etrm-got-the-rm-bit\/\"},\"wordCount\":221,\"publisher\":{\"@id\":\"https:\/\/www.comtechadvisory.com\/#organization\"},\"articleSection\":[\"Blog\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.comtechadvisory.com\/blog\/how-etrm-got-the-rm-bit\/\",\"url\":\"https:\/\/www.comtechadvisory.com\/blog\/how-etrm-got-the-rm-bit\/\",\"name\":\"How ETRM Got the RM bit\u2026 | Commodity Technology Advisory\",\"isPartOf\":{\"@id\":\"https:\/\/www.comtechadvisory.com\/#website\"},\"datePublished\":\"2020-03-04T08:02:41+00:00\",\"dateModified\":\"2020-03-04T08:02:41+00:00\",\"description\":\"Back in the late 90&#8217;s, the ETRM (and CTRM) software category didn&#8217;t actually exist. There were probably a few solutions around for oil trading and perhaps a few for trading metals and ags\/softs but they didn&#8217;t resemble the solutions y...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.comtechadvisory.com\/blog\/how-etrm-got-the-rm-bit\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.comtechadvisory.com\/blog\/how-etrm-got-the-rm-bit\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.comtechadvisory.com\/blog\/how-etrm-got-the-rm-bit\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.comtechadvisory.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"How ETRM Got the RM bit\u2026\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.comtechadvisory.com\/#website\",\"url\":\"https:\/\/www.comtechadvisory.com\/\",\"name\":\"Commodity Technology Advisory\",\"description\":\"CTRM Market Insights\",\"publisher\":{\"@id\":\"https:\/\/www.comtechadvisory.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.comtechadvisory.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.comtechadvisory.com\/#organization\",\"name\":\"Commodity Technology Advisory\",\"url\":\"https:\/\/www.comtechadvisory.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.comtechadvisory.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.comtechadvisory.com\/wp-content\/uploads\/2013\/06\/social-square-logo.png\",\"contentUrl\":\"https:\/\/www.comtechadvisory.com\/wp-content\/uploads\/2013\/06\/social-square-logo.png\",\"width\":700,\"height\":700,\"caption\":\"Commodity Technology Advisory\"},\"image\":{\"@id\":\"https:\/\/www.comtechadvisory.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/CommodityTechnologyAdvisory\",\"https:\/\/twitter.com\/comtechadvisory\",\"https:\/\/www.linkedin.com\/company\/2980731\",\"https:\/\/www.youtube.com\/user\/Comtechadvisory\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.comtechadvisory.com\/#\/schema\/person\/7bbe28e59e09a076a043cc6838fcedb4\",\"name\":\"Gary Vasey\",\"url\":\"https:\/\/www.comtechadvisory.com\/author\/garymvasey\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"How ETRM Got the RM bit\u2026 | Commodity Technology Advisory","description":"Back in the late 90&#8217;s, the ETRM (and CTRM) software category didn&#8217;t actually exist. There were probably a few solutions around for oil trading and perhaps a few for trading metals and ags\/softs but they didn&#8217;t resemble the solutions y...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.comtechadvisory.com\/blog\/how-etrm-got-the-rm-bit\/","og_locale":"en_US","og_type":"article","og_title":"How ETRM Got the RM bit\u2026 | Commodity Technology Advisory","og_description":"Back in the late 90&#8217;s, the ETRM (and CTRM) software category didn&#8217;t actually exist. There were probably a few solutions around for oil trading and perhaps a few for trading metals and ags\/softs but they didn&#8217;t resemble the solutions y...","og_url":"https:\/\/www.comtechadvisory.com\/blog\/how-etrm-got-the-rm-bit\/","og_site_name":"Commodity Technology Advisory","article_publisher":"https:\/\/www.facebook.com\/CommodityTechnologyAdvisory","article_published_time":"2020-03-04T08:02:41+00:00","og_image":[{"width":700,"height":700,"url":"https:\/\/www.comtechadvisory.com\/wp-content\/uploads\/2013\/06\/social-square-logo.jpg","type":"image\/jpeg"}],"author":"Gary Vasey","twitter_card":"summary_large_image","twitter_creator":"@comtechadvisory","twitter_site":"@comtechadvisory","twitter_misc":{"Written by":"Gary Vasey","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.comtechadvisory.com\/blog\/how-etrm-got-the-rm-bit\/#article","isPartOf":{"@id":"https:\/\/www.comtechadvisory.com\/blog\/how-etrm-got-the-rm-bit\/"},"author":{"name":"Gary Vasey","@id":"https:\/\/www.comtechadvisory.com\/#\/schema\/person\/7bbe28e59e09a076a043cc6838fcedb4"},"headline":"How ETRM Got the RM bit\u2026","datePublished":"2020-03-04T08:02:41+00:00","dateModified":"2020-03-04T08:02:41+00:00","mainEntityOfPage":{"@id":"https:\/\/www.comtechadvisory.com\/blog\/how-etrm-got-the-rm-bit\/"},"wordCount":221,"publisher":{"@id":"https:\/\/www.comtechadvisory.com\/#organization"},"articleSection":["Blog"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.comtechadvisory.com\/blog\/how-etrm-got-the-rm-bit\/","url":"https:\/\/www.comtechadvisory.com\/blog\/how-etrm-got-the-rm-bit\/","name":"How ETRM Got the RM bit\u2026 | Commodity Technology Advisory","isPartOf":{"@id":"https:\/\/www.comtechadvisory.com\/#website"},"datePublished":"2020-03-04T08:02:41+00:00","dateModified":"2020-03-04T08:02:41+00:00","description":"Back in the late 90&#8217;s, the ETRM (and CTRM) software category didn&#8217;t actually exist. There were probably a few solutions around for oil trading and perhaps a few for trading metals and ags\/softs but they didn&#8217;t resemble the solutions y...","breadcrumb":{"@id":"https:\/\/www.comtechadvisory.com\/blog\/how-etrm-got-the-rm-bit\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.comtechadvisory.com\/blog\/how-etrm-got-the-rm-bit\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.comtechadvisory.com\/blog\/how-etrm-got-the-rm-bit\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.comtechadvisory.com\/"},{"@type":"ListItem","position":2,"name":"How ETRM Got the RM bit\u2026"}]},{"@type":"WebSite","@id":"https:\/\/www.comtechadvisory.com\/#website","url":"https:\/\/www.comtechadvisory.com\/","name":"Commodity Technology Advisory","description":"CTRM Market Insights","publisher":{"@id":"https:\/\/www.comtechadvisory.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.comtechadvisory.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.comtechadvisory.com\/#organization","name":"Commodity Technology Advisory","url":"https:\/\/www.comtechadvisory.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.comtechadvisory.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.comtechadvisory.com\/wp-content\/uploads\/2013\/06\/social-square-logo.png","contentUrl":"https:\/\/www.comtechadvisory.com\/wp-content\/uploads\/2013\/06\/social-square-logo.png","width":700,"height":700,"caption":"Commodity Technology Advisory"},"image":{"@id":"https:\/\/www.comtechadvisory.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/CommodityTechnologyAdvisory","https:\/\/twitter.com\/comtechadvisory","https:\/\/www.linkedin.com\/company\/2980731","https:\/\/www.youtube.com\/user\/Comtechadvisory"]},{"@type":"Person","@id":"https:\/\/www.comtechadvisory.com\/#\/schema\/person\/7bbe28e59e09a076a043cc6838fcedb4","name":"Gary Vasey","url":"https:\/\/www.comtechadvisory.com\/author\/garymvasey\/"}]}},"_links":{"self":[{"href":"https:\/\/www.comtechadvisory.com\/wp-json\/wp\/v2\/posts\/11662"}],"collection":[{"href":"https:\/\/www.comtechadvisory.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.comtechadvisory.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.comtechadvisory.com\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/www.comtechadvisory.com\/wp-json\/wp\/v2\/comments?post=11662"}],"version-history":[{"count":0,"href":"https:\/\/www.comtechadvisory.com\/wp-json\/wp\/v2\/posts\/11662\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.comtechadvisory.com\/wp-json\/wp\/v2\/media?parent=11662"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.comtechadvisory.com\/wp-json\/wp\/v2\/categories?post=11662"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.comtechadvisory.com\/wp-json\/wp\/v2\/tags?post=11662"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}