Insights : Physical and Paper Implementation for MIND ID Trading In Four Months

Mar 2024

CoreTRM, a provider of commodity trading and risk management system (CTRM) solutions, proudly announces the successful implementation of its platform for MIND ID Trading Pte. Ltd., the trading arm of the Mining Industry of Indonesia (MIND ID). This achievement marks a significant stride in CoreTRM's commitment to delivering low-risk, adaptable and cross-commodity CTRM solutions.

MIND ID Trading engaged CoreTRM to implement a comprehensive trading and risk management system for their Metals operations. Leveraging CoreTRM's expertise, the implementation covered both physical and paper trading, addressing the diverse and intricate needs of MIND ID Trading's business.

Despite the complexity of the project, CoreTRM demonstrated its efficiency by completing the implementation in just four months.

Ron Garden, Founder and CEO of CoreTRM, said "At CoreTRM, we take pride in our modern, cross-commodity platform that's designed to meet the diverse needs of our clients. This success with MIND ID Trading highlights our commitment to redefining the experience of C/ETRM implementations.”

MIND ID Trading's management recognised the commitment and dedication shown by the CoreTRM team. Spokespersons commented, “Our decision to engage CoreTRM was after careful evaluation of several platforms (some of which are more established in the market). The most important key difference is that CoreTRM set themselves apart by displaying a genuine willingness to hear out our struggles and afterwards using the depth of their knowledge to push the dexterity of their platform to be adapted for what will work for our outfit.

Implementing both physical and paper trading in just four months is no small feat. CoreTRM platform's adaptability and the team's proactive approach have not only met but exceeded our expectations. We look forward to continued success in our partnership.”


Brandon Loo
CoreTRM Pte. Ltd.