ETRM & CTRM software

ION RightAngle

Front-to-back CTRM for liquid hydrocarbons with deep scheduling, logistics, inventory, accounting, and tax workflows.

Vendor
ION Commodities
Delivery
Enterprise platform · ION Cloud option
Primary market
Crude oil
Evidence review
Sep 4, 2026
BTU Graph view

A strong shortlist candidate when crude, refined-product, NGL, or fuel operations are as important as trade capture and market risk.

Where ION RightAngle fits

ION positions RightAngle for producers, crude marketers, refiners, fuel marketers, and fuel consumers managing liquid hydrocarbons. Its public product material connects trade capture to scheduling, transportation, inventory, blending, valuation, invoicing, accounting, and tax rather than treating the physical leg as a peripheral interface.

That breadth makes operating-model fit the heart of a RightAngle evaluation. A polished front-office demonstration is insufficient: buyers should walk a representative physical movement from contract and formula through nomination, inventory, actualization, valuation, invoice, tax, and close. The implementation test is whether standard product behavior can express the business without accumulating custom logic that slows upgrades or obscures controls.

Best aligned with

Midstream, downstream, marketing, refining, distribution, and large fuel-consuming organizations with material liquid-hydrocarbon logistics.

TradingSchedulingRiskSettlementsAccounting and taxIT architecture

Workflow graph

These links describe the decisions and handoffs this product can participate in. They are not a claim that one product owns the entire workflow.

Data this workflow depends on

BTU Graph's data mapping is editorial analysis. Exact fields, entitlements, connectors, and licensing depend on the proposed product configuration.

Physical and financial transactions

Contracts, pricing formulas, delivery obligations, hedges, fees, and counterparties establish position and cash flow.

Market curves and reference data

Benchmark, basis, product, location, unit, calendar, FX, and tax data drive consistent valuation.

Logistics and inventory events

Nominations, movements, tickets, tanks, blending, losses, and actuals keep the commercial position aligned to operations.

Settlement and enterprise records

Invoices, cash, credit, ERP masters, and journal mappings connect transaction operations to close.

Capabilities confirmed in current vendor material

Trade captureScheduling and logisticsInventory and blendingPricing and valuationRisk and creditSettlement, accounting, and tax

Integration note

ION documents exchange, market-data, ERP, operational, and value-added-module connectivity across its platform materials. Confirm the exact adapters, versions, ownership boundaries, and batch-versus-real-time behavior in the proposed architecture.

Boundary and buyer diligence

Do not assume it replaces

  • Licensed market-price feeds
  • Pipeline, terminal, or meter systems
  • Corporate ERP
  • A data-governance program

Questions to put in the demo

  1. Can the standard model represent your most difficult pricing formula, movement chain, inventory treatment, tax case, and settlement correction end to end?
  2. Which customizations or extensions sit outside the upgrade path, and who tests them when the platform changes?
  3. How are missing prices, late actuals, rebooks, and estimated-versus-actual differences surfaced and approved?

Sources and claim ledger

Capabilities above are paraphrased from the sources below. Product performance, implementation outcomes, and commercial terms have not been independently tested unless explicitly stated.

  1. 01
    RightAngle

    RightAngle covers liquid-hydrocarbon trading, scheduling, logistics, inventory, valuation, accounting, tax, and back-office workflows.

    Official product page · accessed Sep 4, 2026

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