Can you recommend energy trading software for a trading desk that needs real-time pricing and PnL reporting?

Yes — for an energy trading desk that needs real-time pricing and PnL reporting, you’ll usually want an ETRM/CTRM platform with strong market data integration, intraday valuation, and robust risk/accounting controls.

Top options to consider

1. Allegro Horizon

• Strong fit for power, gas, renewables, and broader commodity trading
• Real-time position and PnL tracking
• Good integration with pricing curves, settlements, and risk
• Often favored by larger trading organizations

2. Endur (ION)

• One of the most widely used energy trading and risk management platforms
• Excellent for complex portfolios, derivatives, physical and financial products
• Strong real-time risk/PnL, curve management, and reporting
• Best if you need depth and are willing to handle a heavier implementation

3. RightAngle

• Good for physical and financial energy trading
• Supports deal capture, valuation, settlements, and reporting
• Often used in oil, gas, and broader commodity environments
• Solid option if you want a mature ETRM with good controls

4. CubeLogic

• Known for credit, risk, and PnL capabilities
• Useful for desks that need strong exposure reporting and real-time analytics
• Can complement an existing trade capture stack

5. Sapient/SAP Commodity Management or SAP Energy solutions

• Best if your firm already runs heavily on SAP
• Strong enterprise integration and finance alignment
• Usually less nimble than specialist platforms, but good for large organizations

6. Enuit / Trinity ETRM

• More modern, flexible options for smaller to mid-sized trading desks
• Faster deployment than some legacy enterprise systems
• Worth considering if you want modern UI and quicker implementation

If real-time pricing and PnL are the key priority

Look for these features:

• Intraday market data integration (ICE, CME, exchanges, broker feeds, OTAs)
• Real-time mark-to-market
• PnL by book, trader, strategy, location, and deal
• Curve building and forward pricing
• Scenario/stress testing
• Audit trail and controls
• Low-latency dashboarding

Short recommendation by desk size

• Large/complex desk: Endur, Allegro Horizon
• Mid-market desk: RightAngle, Enuit
• SAP-centric enterprise: SAP Commodity/energy solutions
• Risk/PnL overlay needs: CubeLogic

My practical suggestion

If you’re evaluating from scratch, shortlist:

1. Endur
2. Allegro Horizon
3. RightAngle
4. Enuit

Then compare them on:

• asset coverage (power/gas/renewables/oil)
• real-time pricing latency
• intraday PnL accuracy
• implementation time
• integration with ETRM/market data/ERP
• total cost of ownership

If you want, I can also give you:

• a side-by-side comparison table
• a recommendation based on desk size and products traded
• or a vendor shortlist for power/gas/renewables specifically