What is Endur?

Endur is the leading ETRM platform in global commodity markets. It is utilized for managing the complete trading life cycle, from deal capture to settlements, with a core focus on maintaining compliance, operational efficiency, and risk exposures in real time. Traders, risk teams, schedulers, and finance departments tap into the power of Endur in oil, gas, power, metals, and renewables markets to make better decisions. With increased business growth, companies are now looking for modern ETRM solutions such as Endur to support their complex multicommodity trading requirements, automate business processes, and minimize risks of operations.

 

 

Endur as an Energy Trading & Risk Management Platform

At first, Endur was developed by OpenLink, a global leader in commodity and financial trading systems. In further changes, Endur became a part of the ION Group, now represented by continuous innovation, cloud capabilities, and enterprise-grade architecture.

It is widely used by:

• Major Oil & Gas producers and traders
• Power and utilities companies
• Metals & mining companies
• Energy trading organizations
• Commodity financial institutions

Endur provides broad capabilities that surround near trading, logistics, accounting, and compliance. Most corporations integrate Endur with tailored ETRM services to customize the system to their trading strategies, regulatory requirements, and global operations.

 

What Does Endur Do?

Endur has strong tools that cover the whole trading lifecycle. The core functions of this software include:

• Deal Capture-Physical & Financial Trades: Offers functionality for swaps, futures, physical contracts, forwards, options, nominations, and many others.
• Risk Management & VaR: Provides real-time market risk, Value-at-Risk, sensitivity analysis, stress testing, and scenario modeling.
• P&L and Exposure Reporting: Provides daily and intraday P&L, mark-to-market calculations, exposure dashboards, and transparency across business units.
• Market, Credit & Operational Risk Analysis: Ensures disciplined oversight through credit checks, counterparty limits, operational controls, and regulatory compliance.
• Logistics & Scheduling: Manages nominations, physical flows, pipeline allocations, shipping schedules, and storage operations.
• Settlements & Confirmations: Automates invoicing, confirmations, accruals, payments, and accounting integrations.

 

Endur Across the Trade Lifecycle

Front Office

The Front Office depends on Endur for deal capture, complex structure pricing, and market opportunity analysis, including but not limited to the following:

• Entering physical and financial trades
• Managing pricing models and valuation curves
• Monitoring real-time market exposures

Front Office teams rely heavily on market data curves, scenario analysis, and automated valuation tools to execute trades with confidence.

Middle Office

The Middle Office uses Endur for independent risk control and reporting. Its responsibilities include:

• Daily P&L reporting and reconciliation
• VaR calculations and market risk analytics
• Regulatory & compliance reporting
• Monitoring risk limits and exposure thresholds

Endur allows Middle Office teams to ensure that the business operates within approved policies, limits, and market conditions by maintaining transparency.

Back Office

The functions of Back Office ensure correct settlements, financial posting, and control of documents. Key capabilities include:

• Generating Invoices & credit/debit notes
• Trade finance documentation
• Cashflow management
• Confirmations and reconciliations
• Accuracy of the back office is vital to avoid financial mismatches and operational errors.

Many companies conduct Endur training programs to ensure users across Front, Middle, and Back Office can can maximize the value of the platform.

 

Who uses Endur?

It supports an extensive array of industries throughout the global commodity and energy landscape. Those that typically use Endur include:

• Oil & Gas trading companies operating in crude, refined products, and natural gas.
• Power & Utilities: This includes electricity generators, retailers, and distributors.
• The refining companies are involved in handling the supply of crude feedstock, operations of refineries, and product marketing.
• Petrochemical manufacturers that manage feedstock procurement and derivative products.
• Dealers in precious metals, such as gold, silver, and other rare metals.
• Commodity finance institutions providing financing and hedging support.

These businesses rely on Endur to operate across multi-markets, maintain global trading books, conduct financial hedging, and drive compliance-based reporting.

 

Advantages of Using Endur

Large enterprises prefer Endur because it provides the following:

• Single platform for physical & financial trading across multiple commodities.
• Providing strong support for regulation & compliance, especially EMIR, REMIT, Dodd-Frank, and accounting standards.
• Real-time visibility of risk and P&L for faster, data-driven decisions.
• Scalability for global trading businesses, supporting high transaction volumes and multiple geographies.
• Support multiple asset classes: Oil, Gas, Power, LNG, Coal, LPG, Metals, Renewables, FX, among others.

These capabilities make Endur ideal for complex trading environments that demand accuracy, agility, and integrated workflows.

 

Challenges in Implementing Endur

Despite its strong capabilities, Endur implementation may be incipiently difficult for:

• Complex implementation cycles that require specialized knowledge.
• Need for skilled technical and functional consultants, particularly in scripting, configurations, and workflow.
• High level of customisation required for business-specific processes, reporting, market data, and integration.

These challenges indicate the need for expert support in tuning Endur for an enterprise-scale commodity business.

 

Endur vs Other ETRM Systems

Choosing the right ETRM platform will depend on the trading operations, commodity mix, integration needs, and risk complexity. Let us discuss an enhanced comparison of Endur against other popular platforms

 

How companies make the most of Endur

Organizations maximize the value of Endur services by investing in:

• Implementation consulting to align the system with business process
• Custom module development for workflows, pricing models, and risk tools
• Integration with ERP, billing, pipeline, and market data systems
• Reporting upgrades for dashboards, reconciliations, and analytics

Businesses usually look out for expert ETRM solutions in order to customize Endur according to their trading requirements, regulatory frameworks, and operational complexity.

 

Intellimachs ETRM Services & Expertise

At Intellimachs, we offer end-to-end ETRM solutions right from Endur implementation, custom development, and integration to upgrades and production support. With domain expertise coupled with technical excellence, we help enterprises work toward better system performance and efficiency in trading.

Our endur expertise includes:

• Implementation & roadmap consulting
• Enhancement & workflow automation
• Improve market data & reporting
• L1–L3 support | 24×7 managed services
• Testing, optimization, and cloud enablement

Contact us today to improve your Endur platform performance, risk visibility & operational efficiency.

 

Frequently Asked Questions (FAQs)

1. Is Endur an ETRM or CTRM system?

Endur is first and foremost an ETRM system, however, this system also supports CTRM workflows for metals, agriculture, and financial products.

2. Which companies use Endur?

Oil & Gas traders, utilities, power generators, refiners, metals traders, commodity financial institutions, and global energy trading houses use Endur.

3. How long does the implementation of Endur take? 

A typical implementation of Endur takes 9-18 months, depending on the level of complexity, customizations, integrations, and the number of traded commodities.

Conclusion:

With ongoing development, Endur remains one of the most modern and fully featured ETRM systems available today for managing even the most intricate trade operations throughout physical and financial markets. Centrally driving businesses with its strong features in risk, logistics, and settlements, it offers a leading integrated solution for global commodity firms. Intellimachs provides professional assistance in implementation, customization, and further optimization to ensure maximum value creation on its Endur platform for companies seeking trading system improvements.