IGNITE launches CTRM packaged SaaS solutions starting at $99

Jan 13, 2021

Multiple software packages give start-ups and large trading companies a choice. 

IGNITE CTRM, a leading commodity trade and risk management software (CTRM) company announced its new tiered pricing structure aimed to give today’s trading companies a choice in the functionality they receive, and the price they pay. Published prices and packaged software with functionality scaled to company requirements and budgets are firsts in the commodities industry.

IGNITE CTRM’s four packages include P&L Starter, P&L Plus, IGNITE Pro, and Enterprise editions with monthly per-user prices ranging from $99 to $499. IGNITE also offers customized expanded offerings based on user volumes and more complex business requirements. (See packages here.)

This type of pricing structure is not new to other industries where it’s offered by many leading brands including Salesforce, Intuit QuickBooks, Hubspot, Zoom, and Slack to name a few. Oil and commodity markets have been historically slow to catch up.  

IGNITE CEO Shawn Wegner explained that consumer buying behaviors and expectations have changed drastically in the modern-day software era that pushes faster product delivery and more competitive pricing.  

Wegner said, “Companies now depend on free trials and instant access to new software. Software-as-a-Service (SaaS) delivery and cloud infrastructure have brought down the price of software and accelerated the value and results for its users. We have listened to our customers and aligned with current technology trends to create flexible software offerings for front, middle and back-office features that are common across different size companies.”

IGNITE’s entry-level P&L Starter and P&L Plus Editions reach a vastly under-served market of start-ups and mid-size companies who require a professional system to manage their trading desks and related portfolios while meeting the corporate governance expectations of their banks and investors.

Wegner also said, ” We have clients who have experienced explosive growth and are no longer start-ups. IGNITE CTRM gives them a path to expand.” 

IGNITE CTRM is on a mission to simplify, improve, and modernize the user experience for commodity trade and risk management software (ETRM / CTRM) solutions. Our fast-growing community is choosing SaaS performance advantages over older, on-premise software. IGNITE CTRM’s flexible, scalable cloud platform is designed for start-ups and large companies alike. Today’s CIOs prefer IGNITE CTRM for quick deployment, best ROI and technology, and to meet today’s virtual global demands. Discover what makes IGNITE a different kind of software company.