{"id":11762,"date":"2020-05-07T05:08:52","date_gmt":"2020-05-07T09:08:52","guid":{"rendered":"https:\/\/www.comtechadvisory.com\/blog\/handling-pricing-complexity-is-a-key-to-gen10s-multi-commodity-positioning\/"},"modified":"2020-05-07T05:08:52","modified_gmt":"2020-05-07T09:08:52","slug":"handling-pricing-complexity-is-a-key-to-gen10s-multi-commodity-positioning","status":"publish","type":"post","link":"https:\/\/www.comtechadvisory.com\/blog\/handling-pricing-complexity-is-a-key-to-gen10s-multi-commodity-positioning\/","title":{"rendered":"Handling Pricing Complexity is a Key to Gen10\u2019s Multi-Commodity Positioning"},"content":{"rendered":"<div>\n<p>Over the last couple of decades of development of ETRM, CTRM and CM software solutions, many have aspired to provide support for multiple commodities. As ComTech has explained many times in the past, having a solution that is truly multi-commodity is a complex task and it is very difficult to develop and maintain such a solution. As newer technologies have emerged, some vendors have adopted different architectures that have allowed progress to be made in developing and maintaining multi-commodity solutions. These days, ecosystems of applications, modules or components are preferred over monolithic client\/server applications and that certainly helps in solving some of the complexities. What are the complexities? Well, each physical commodity has a different supply chain, different physical properties, different processes and more so that a solution developed for one commodity may be lacking substantial functionalities to support another. One key area though that absolutely needs to be addressed as a first step in a multi-commodity TRM or CM solution is pricing. It needs a robust pricing engine that is configurable and usable across all commodities and beyond. This isn&rsquo;t used just for the pricing of a deal or a contract, but for calculating Mark to Market, P&amp;L as<a class=\"moretag\" target=\"_parent\" href=\"https:\/\/www.ctrmcenter.com\/blog\/vendor-news-blog\/handling-pricing-complexity-is-a-key-to-gen10s-multi-commodity-positioning\/\" rel=\"noopener noreferrer\">&#8230; continue reading<\/a><\/p>\n<p>Continue reading <a rel=\"nofollow\" href=\"https:\/\/www.ctrmcenter.com\/blog\/vendor-news-blog\/handling-pricing-complexity-is-a-key-to-gen10s-multi-commodity-positioning\/\">Handling Pricing Complexity is a Key to Gen10&rsquo;s Multi-Commodity Positioning<\/a>. This article appeared first on <a rel=\"nofollow\" href=\"https:\/\/www.ctrmcenter.com\/\">CTRM Center<\/a>.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/feeds.feedburner.com\/~r\/CTRMCenterBlog\/~4\/KOyBt_26WGM\" height=\"1\" width=\"1\" alt=\"\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Over the last couple of decades of development of ETRM, CTRM and CM software solutions, many have aspired to provide support for multiple commodities. As ComTech has explained many times in the past, having a solution that is truly multi-commodity is a complex task and it is very difficult to develop and maintain such a solution. As newer technologies have emerged, some vendors have adopted different architectures that have allowed progress to be made in developing and maintaining multi-commodity solutions. These days, ecosystems of applications, modules or components are preferred over monolithic client\/server applications and that certainly helps in solving some of the complexities. What are the complexities? Well, each physical commodity has a different supply chain, different physical properties, different processes and more so that a solution developed for one commodity may be lacking substantial functionalities to support another. One key area though that absolutely needs to be addressed as a first step in a multi-commodity TRM or CM solution is pricing. It needs a robust pricing engine that is configurable and usable across all commodities and beyond. This isn&rsquo;t used just for the pricing of a deal or a contract, but for calculating Mark to Market, P&amp;L as&#8230;<a class=\"moretag\" target=\"_parent\" href=\"https:\/\/www.comtechadvisory.com\/blog\/handling-pricing-complexity-is-a-key-to-gen10s-multi-commodity-positioning\/\"> &#8230; continue reading<\/a><\/p>\n","protected":false},"author":1,"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>Handling Pricing Complexity is a Key to Gen10\u2019s Multi-Commodity Positioning | Commodity Technology Advisory<\/title>\n<meta name=\"description\" content=\"Over the last couple of decades of development of ETRM, CTRM and CM software solutions, many have aspired to provide support for multiple commodities. As\" \/>\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\/handling-pricing-complexity-is-a-key-to-gen10s-multi-commodity-positioning\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Handling Pricing Complexity is a Key to Gen10\u2019s Multi-Commodity Positioning | Commodity Technology Advisory\" \/>\n<meta property=\"og:description\" content=\"Over the last couple of decades of development of ETRM, CTRM and CM software solutions, many have aspired to provide support for multiple commodities. As\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.comtechadvisory.com\/blog\/handling-pricing-complexity-is-a-key-to-gen10s-multi-commodity-positioning\/\" \/>\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=\"2020-05-07T09:08:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/feeds.feedburner.com\/~r\/CTRMCenterBlog\/~4\/KOyBt_26WGM\" \/>\n<meta name=\"author\" content=\"Patrick Reames\" \/>\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=\"Patrick Reames\" \/>\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\/handling-pricing-complexity-is-a-key-to-gen10s-multi-commodity-positioning\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.comtechadvisory.com\/blog\/handling-pricing-complexity-is-a-key-to-gen10s-multi-commodity-positioning\/\"},\"author\":{\"name\":\"Patrick Reames\",\"@id\":\"https:\/\/www.comtechadvisory.com\/#\/schema\/person\/280c24085ee23c1322c66042426ee6b9\"},\"headline\":\"Handling Pricing Complexity is a Key to Gen10\u2019s Multi-Commodity Positioning\",\"datePublished\":\"2020-05-07T09:08:52+00:00\",\"dateModified\":\"2020-05-07T09:08:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.comtechadvisory.com\/blog\/handling-pricing-complexity-is-a-key-to-gen10s-multi-commodity-positioning\/\"},\"wordCount\":239,\"publisher\":{\"@id\":\"https:\/\/www.comtechadvisory.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.comtechadvisory.com\/blog\/handling-pricing-complexity-is-a-key-to-gen10s-multi-commodity-positioning\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/feeds.feedburner.com\/~r\/CTRMCenterBlog\/~4\/KOyBt_26WGM\",\"articleSection\":[\"Blog\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.comtechadvisory.com\/blog\/handling-pricing-complexity-is-a-key-to-gen10s-multi-commodity-positioning\/\",\"url\":\"https:\/\/www.comtechadvisory.com\/blog\/handling-pricing-complexity-is-a-key-to-gen10s-multi-commodity-positioning\/\",\"name\":\"Handling Pricing Complexity is a Key to Gen10\u2019s Multi-Commodity Positioning | Commodity Technology Advisory\",\"isPartOf\":{\"@id\":\"https:\/\/www.comtechadvisory.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.comtechadvisory.com\/blog\/handling-pricing-complexity-is-a-key-to-gen10s-multi-commodity-positioning\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.comtechadvisory.com\/blog\/handling-pricing-complexity-is-a-key-to-gen10s-multi-commodity-positioning\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/feeds.feedburner.com\/~r\/CTRMCenterBlog\/~4\/KOyBt_26WGM\",\"datePublished\":\"2020-05-07T09:08:52+00:00\",\"dateModified\":\"2020-05-07T09:08:52+00:00\",\"description\":\"Over the last couple of decades of development of ETRM, CTRM and CM software solutions, many have aspired to provide support for multiple commodities. As\",\"breadcrumb\":{\"@id\":\"https:\/\/www.comtechadvisory.com\/blog\/handling-pricing-complexity-is-a-key-to-gen10s-multi-commodity-positioning\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.comtechadvisory.com\/blog\/handling-pricing-complexity-is-a-key-to-gen10s-multi-commodity-positioning\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.comtechadvisory.com\/blog\/handling-pricing-complexity-is-a-key-to-gen10s-multi-commodity-positioning\/#primaryimage\",\"url\":\"https:\/\/feeds.feedburner.com\/~r\/CTRMCenterBlog\/~4\/KOyBt_26WGM\",\"contentUrl\":\"https:\/\/feeds.feedburner.com\/~r\/CTRMCenterBlog\/~4\/KOyBt_26WGM\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.comtechadvisory.com\/blog\/handling-pricing-complexity-is-a-key-to-gen10s-multi-commodity-positioning\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.comtechadvisory.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Handling Pricing Complexity is a Key to Gen10\u2019s Multi-Commodity Positioning\"}]},{\"@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\/280c24085ee23c1322c66042426ee6b9\",\"name\":\"Patrick Reames\",\"url\":\"https:\/\/www.comtechadvisory.com\/author\/preames\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Handling Pricing Complexity is a Key to Gen10\u2019s Multi-Commodity Positioning | Commodity Technology Advisory","description":"Over the last couple of decades of development of ETRM, CTRM and CM software solutions, many have aspired to provide support for multiple commodities. As","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\/handling-pricing-complexity-is-a-key-to-gen10s-multi-commodity-positioning\/","og_locale":"en_US","og_type":"article","og_title":"Handling Pricing Complexity is a Key to Gen10\u2019s Multi-Commodity Positioning | Commodity Technology Advisory","og_description":"Over the last couple of decades of development of ETRM, CTRM and CM software solutions, many have aspired to provide support for multiple commodities. As","og_url":"https:\/\/www.comtechadvisory.com\/blog\/handling-pricing-complexity-is-a-key-to-gen10s-multi-commodity-positioning\/","og_site_name":"Commodity Technology Advisory","article_publisher":"https:\/\/www.facebook.com\/CommodityTechnologyAdvisory","article_published_time":"2020-05-07T09:08:52+00:00","og_image":[{"url":"https:\/\/feeds.feedburner.com\/~r\/CTRMCenterBlog\/~4\/KOyBt_26WGM"}],"author":"Patrick Reames","twitter_card":"summary_large_image","twitter_creator":"@comtechadvisory","twitter_site":"@comtechadvisory","twitter_misc":{"Written by":"Patrick Reames","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.comtechadvisory.com\/blog\/handling-pricing-complexity-is-a-key-to-gen10s-multi-commodity-positioning\/#article","isPartOf":{"@id":"https:\/\/www.comtechadvisory.com\/blog\/handling-pricing-complexity-is-a-key-to-gen10s-multi-commodity-positioning\/"},"author":{"name":"Patrick Reames","@id":"https:\/\/www.comtechadvisory.com\/#\/schema\/person\/280c24085ee23c1322c66042426ee6b9"},"headline":"Handling Pricing Complexity is a Key to Gen10\u2019s Multi-Commodity Positioning","datePublished":"2020-05-07T09:08:52+00:00","dateModified":"2020-05-07T09:08:52+00:00","mainEntityOfPage":{"@id":"https:\/\/www.comtechadvisory.com\/blog\/handling-pricing-complexity-is-a-key-to-gen10s-multi-commodity-positioning\/"},"wordCount":239,"publisher":{"@id":"https:\/\/www.comtechadvisory.com\/#organization"},"image":{"@id":"https:\/\/www.comtechadvisory.com\/blog\/handling-pricing-complexity-is-a-key-to-gen10s-multi-commodity-positioning\/#primaryimage"},"thumbnailUrl":"https:\/\/feeds.feedburner.com\/~r\/CTRMCenterBlog\/~4\/KOyBt_26WGM","articleSection":["Blog"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.comtechadvisory.com\/blog\/handling-pricing-complexity-is-a-key-to-gen10s-multi-commodity-positioning\/","url":"https:\/\/www.comtechadvisory.com\/blog\/handling-pricing-complexity-is-a-key-to-gen10s-multi-commodity-positioning\/","name":"Handling Pricing Complexity is a Key to Gen10\u2019s Multi-Commodity Positioning | Commodity Technology Advisory","isPartOf":{"@id":"https:\/\/www.comtechadvisory.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.comtechadvisory.com\/blog\/handling-pricing-complexity-is-a-key-to-gen10s-multi-commodity-positioning\/#primaryimage"},"image":{"@id":"https:\/\/www.comtechadvisory.com\/blog\/handling-pricing-complexity-is-a-key-to-gen10s-multi-commodity-positioning\/#primaryimage"},"thumbnailUrl":"https:\/\/feeds.feedburner.com\/~r\/CTRMCenterBlog\/~4\/KOyBt_26WGM","datePublished":"2020-05-07T09:08:52+00:00","dateModified":"2020-05-07T09:08:52+00:00","description":"Over the last couple of decades of development of ETRM, CTRM and CM software solutions, many have aspired to provide support for multiple commodities. As","breadcrumb":{"@id":"https:\/\/www.comtechadvisory.com\/blog\/handling-pricing-complexity-is-a-key-to-gen10s-multi-commodity-positioning\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.comtechadvisory.com\/blog\/handling-pricing-complexity-is-a-key-to-gen10s-multi-commodity-positioning\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.comtechadvisory.com\/blog\/handling-pricing-complexity-is-a-key-to-gen10s-multi-commodity-positioning\/#primaryimage","url":"https:\/\/feeds.feedburner.com\/~r\/CTRMCenterBlog\/~4\/KOyBt_26WGM","contentUrl":"https:\/\/feeds.feedburner.com\/~r\/CTRMCenterBlog\/~4\/KOyBt_26WGM"},{"@type":"BreadcrumbList","@id":"https:\/\/www.comtechadvisory.com\/blog\/handling-pricing-complexity-is-a-key-to-gen10s-multi-commodity-positioning\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.comtechadvisory.com\/"},{"@type":"ListItem","position":2,"name":"Handling Pricing Complexity is a Key to Gen10\u2019s Multi-Commodity Positioning"}]},{"@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\/280c24085ee23c1322c66042426ee6b9","name":"Patrick Reames","url":"https:\/\/www.comtechadvisory.com\/author\/preames\/"}]}},"_links":{"self":[{"href":"https:\/\/www.comtechadvisory.com\/wp-json\/wp\/v2\/posts\/11762"}],"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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.comtechadvisory.com\/wp-json\/wp\/v2\/comments?post=11762"}],"version-history":[{"count":0,"href":"https:\/\/www.comtechadvisory.com\/wp-json\/wp\/v2\/posts\/11762\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.comtechadvisory.com\/wp-json\/wp\/v2\/media?parent=11762"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.comtechadvisory.com\/wp-json\/wp\/v2\/categories?post=11762"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.comtechadvisory.com\/wp-json\/wp\/v2\/tags?post=11762"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}