An ETRM system is a software solution that captures and manages wholesale energy market transactions, from forecasting to execution and settlement, invoicing, managing, reporting market and credit exposures, and market integration for energy commodities. The ETRM system manages a company’s position in one or more commodities. As the system of record for both physical and financial wholesale energy transactions, it typically provides all capabilities (from trade capture to invoicing, including risk management and reporting) for the front, middle and back office in energy companies.