CoreTRM Pte. Ltd., the Singapore-based provider of commodity trading and risk management system (CTRM) solutions, today announced that ENEOS Americas Inc. (ENAM) has selected the CoreTRM cloud-based platform to manage their trading activities. Based in Houston, ENAM specialize in the trading of crude oil, products and chemicals.

CoreTRM was selected after a comprehensive search for a CTRM solution that was able to replace ENAM’s in-house solution and to support their business expansion. ENAM needed a state-of-the-art solution that could rapidly evolve in line with ENAM’s growth strategy and were particularly impressed by CoreTRM’s understanding of the business, depth of functionality, robust risk controls and strong reputation in the market.

“We are delighted to welcome ENAM as our latest client. This project is an excellent fit to CoreTRM’s capabilities and aligns closely with our global growth strategy. We look forward to yet another successful implementation and to building a close relationship with the ENAM team.” said Ron Garden, Founder and Architect CoreTRM Pte. Ltd.