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Molecule Reviews & Product Details

Molecule is the the future-ready E/CTRM, built for the complexities of modern energy and commodities markets and expanding trading needs. Molecule’s modern E/CTRM platform equips your business with the tools to adapt and thrive. With a perfect balance of robust functionality and simplicity, Molecule helps you focus on driving long-term success—maximizing portfolio value while minimizing risk and inefficiency. *Automation that enables faster deal capture & straight-through processes *Reliable positions & reporting *A cloud-native & multi-tenant platform built to handle large data demands and scale with your business *A powerful & intuitive user interface *Robust API & data lake With near real-time reporting, 30+ integrations, and headache-free implementations, Molecule gets your ETRM/CTRM out of your way - because you have more valuable things to do with your time. Molecule is next-generation P&L, near-time VaR, position, and risk analytics software for any company that trades commodities, including: * Independent Power Producers (IPPs) * Energy & Commodities Consumers * Hedge Funds & Prop Funds * Advisors

Product Website

Seller

Molecule Software

Discussions

Molecule Community

Languages Supported

English

Product Description

Molecule is the modern ETRM/CTRM platform, designed for electricity, natural gas, crude, liquids, metals, ags, softs, crypto, renewables, and FX options/futures. In 2012, we set out to build a better trade risk management solution and put an end to monolithic software with multi-year implementations and ridiculous price tags. With Molecule, you'll benefit from a modern, reliable, and cloud-native ETRM/CTRM platform with an intuitive UX, 30+ integrations, regular and automated updates, and fixed-fee implementation. It's everything an ETRM/CTRM should be.

Overview by

Sameer Soleja (Founder and CEO at Molecule Software)

Pricing

Pricing provided by Molecule.

Fund

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Molecule Media

Molecule produces rich, insightful custom reporting—with your input as to what it should contain. View it on-screen, have it e-mailed, or automatically generate fine-grained tabular reports suitable for your users or customers. Then go home early.

With Molecule, we work with you to set up custom reporting so you can see your portfolio in any way you would like. Here is an example of a power book that we have broken down to view on an hourly basis. A dashboard below allows for a quick overview to see which ISO has the most volume an...

With Molecule, we work with you to set up custom reporting so you can see your portfolio in any way you would like. Here is an example of a REC position report that shows a table with detail about each REC owned, including vintage, ISO, and class. With the dashboard below, you get an overview of ...

With Molecule, your trades flow in instantly, through our built-in ICE, CME, Nodal Exchange, Trayport, and ISO connectors. Trading elsewhere? Use our spreadsheet upload, our API, or even better—our natural language recognition for OTC trades.

Embedded in Molecule is a blistering-fast Monte Carlo simulation engine that re-calculates your VaR (portfolio and component) in no time, every time your position changes. We set it up once, and it works day after day. Molecule also provides an independently-calculated delta-gamma VaR and diagnos...

Molecule Demo - Pwr Forecast VS Position

With Molecule, we work with you to set up custom reporting so you can see your portfolio in any way you would like. This report shows some type of power generation that we have imported into your portfolio in Molecule using our Assets feature. We then take the hedges your team has made and displa...

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Verified User in Oil & Energy

Enterprise (> 1000 emp.)

8/7/2024

"Molecule - Better than Ion and great potential"

4/5

What do you like best about Molecule?

The ease of use is excellent. The views are customizable in a simple process and data retrieval isn't bogged down. The support team is accessible and invested in helping users get the most from the system. I appreciate the timely responses. Implementation was straight forward and well supported. As a frequent user, I appreciate being able to use Molecule with ease. Integration was also well supported. Review collected by and hosted on G2.com.

What do you dislike about Molecule?

The lack of breadth of subject matter expert experience from the support team / developers is evident. While traders needs are readily visible and addressed, the middle and back office needs are resolved in a clunky manner. It would be great to see the team rounded out to include those groups. Review collected by and hosted on G2.com.

Response from Alex Chandy of Molecule

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Thank you for the time you spent to send us this valuable feedback. We especially appreciate the call out of the areas that you find Molecule to excel at doing.

With regards to the breadth of subject matter knowledge across the different customer functions that use an C/ETRM platform, this is a challenge that we are addressing. We constantly balance staff capability development across product knowledge (efficiency and quality of support), customer domain knowledge (time to triage) and technical knowledge (translate customer needs). This is a work in progress and sometimes made more challenging as the as there is more variation in customer process (and thus needs) in risk, compliance and back office functions. That said, your feedback has been noted and provides us with data on areas for focus.

Thank you for being a valued customer of Molecule.

Verified User in Oil & Energy

Enterprise (> 1000 emp.)

8/8/2024

"New to ETRM"

5/5

What do you like best about Molecule?

The user interface is intuitive and the customer support is excellent. The system is very accomodating of our needs. Review collected by and hosted on G2.com.

What do you dislike about Molecule?

Molecule is the first ETRM I have experience with, and so far I have no complaints. Review collected by and hosted on G2.com.

Response from Alex Chandy of Molecule

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Thank you for the great review. We're thrilled to hear that you have found Molecule to be a great enabler for your role.

Verified User in Airlines/Aviation

Enterprise (> 1000 emp.)

8/11/2024

"Efficient process improvement"

4/5

What do you like best about Molecule?

I like that I can query transaction data into Excel via PowerQuery which assists my monthly financial reporting responsibilities. Review collected by and hosted on G2.com.

What do you dislike about Molecule?

Sometimes my emails are not replied to despite Moelcule touting customer service. Review collected by and hosted on G2.com.

Response from Alex Chandy of Molecule

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Thank you for the feedback and the 4 star rating. Regarding your experience with our support desk, we monitor our service levels constantly and so your feedback is extremely valuable. Our response time goal is within 3 hours of receiving an email during support hours. We currently average 96 minutes for response times for all support emails. And our support desk is manned from 6am to 6pm in both US and EU Central Time. Emails received after hours and prioritized for first response the next business day.

I am sorry to hear there were occasions where your emails were not addressed promptly. Our team does a review of performance times for the previous week every Monday. Assuming your emails where sent during working hours and not on the weekend, I would like to understand the details when your emails were left unaddressed. You can reach me directy at "alex" at "molecule dot io"

Verified User in Financial Services

Small-Business (50 or fewer emp.)

8/8/2024

"Good product, helpful staff, some bugs need to worked out"

3.5/5

What do you like best about Molecule?

Helpful staff, good product. I like the gui and the API capabilities in python Review collected by and hosted on G2.com.

What do you dislike about Molecule?

Unexpected bugs. Many features dont work as intended or introduce bugs (like fees, expiry date, etc)

For basic features it works pretty well though. Review collected by and hosted on G2.com.

Response from Alex Chandy of Molecule

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Thank you for the feedback, ratings and your compliment of the support staff. At Molecule, we strive to give our customers a first class experience with our product. As a vendor in the C/ETRM space, we believe that a significant part of the customer experience is created with our services, something that this space is singled out out as lacking, in industry surveys. There is little charm in having a grand hotel building if the rooms are shabby and the staff indifferent.

As for feature depth, this is a key driver for a customer requests. Features exist in a continuum. They are never "done, done", but always being enhanced and tuned for better performance and usability. Our Support Desk Manager meets with Engineering leads and Product Managers weekly to discuss all customer requests and customer discovered errors every Friday. This process ensures that customer issues are assigned the right priority and urgency in the development cycle.

Molecule runs a continuous development and integration process, which means that our Product Managers are always working on customer feedback and designing upgrades. This year, we have spent approximately 60% of our engineering budget on enhancement story points that came directly from customers such as yourself. On average we execute two code releases a month. So a customer request can be released into production quickly. We love demanding customers, as they make the product better.

Thank you for being a Molecule Customer.

Verified User in Oil & Energy

Small-Business (50 or fewer emp.)

8/23/2021

"Reliable/Fast/Responsive"

5/5

What do you like best about Molecule?

1. Responsiveness to inquiries or operating issues

2. Ease of use & the ability to save various data queries/formats

3. Flexibility in Problem Solving Review collected by and hosted on G2.com.

What do you dislike about Molecule?

No major issues of note.

Smaller items: 1) company-wide (ours) access to select (individual) queries and saved items can create issues. Review collected by and hosted on G2.com.

Recommendations to others considering Molecule:

The $ return, or "bang for the buck" from Molecule is amazing.

Moreover, the customer service is second to none from a vendor perspective. Review collected by and hosted on G2.com.

What problems is Molecule solving and how is that benefiting you?

Data warehousing, energy analytics, data transition and migration across various company platforms

Molecule is a significant portion of our commercial analytics and risk management Review collected by and hosted on G2.com.

Krist D.

Trader

Mid-Market (51-1000 emp.)

8/26/2021

"Pretty user friendly interface and great service"

4/5

What do you like best about Molecule?

Deal entry - if you already have the product code, it is relatively easy to enter it. it only takes a few clicks.

The interface - overall the interface is very intuative and userfriendly

Support - they are very quick to reply and address any issues Review collected by and hosted on G2.com.

What do you dislike about Molecule?

Sometimes it miscalculates the mwh on a trade and it can be misleading. For example, when entering a peak product in PJM its 5x16 ... the software was calculating it at 7x16 and therefore the total mwh was wrong.

Wish there were more filtering options ... for example, by hub ? like PJM west or PJM AD

Wish it was easier to do bulk uploads, for example: sometimes I would get an error just because the word wasnt capitalized Review collected by and hosted on G2.com.

Recommendations to others considering Molecule:

just a headse up that sometimes the mwh calculations are not correct and you would need to reach out to Molecule directly in order to update it.

Also if you need to do a bulk upload, take a look at their templates before trying - their online templates are helpful. Review collected by and hosted on G2.com.

What problems is Molecule solving and how is that benefiting you?

One of our most important part of the job is to see our postions. Molecule allows us to download daily reports in order to view of positions and from there we make our trade decisions.

Another important role for Molecule is to show trade tracability. since it is relatively easy to enter trades in molecule, i think this makes it easy for the trader to quickly enter new trades as they are getting executes in real-time Review collected by and hosted on G2.com.

Lawrence K.

Pricing and Risk Analyst

Enterprise (> 1000 emp.)

8/26/2021

"Great ETRM"

4/5

What do you like best about Molecule?

Easy of use and availability of information Review collected by and hosted on G2.com.

What do you dislike about Molecule?

Some products are not calculated correctly Review collected by and hosted on G2.com.

Patrick M.

Director of Operations

Small-Business (50 or fewer emp.)

8/24/2021

"Great ERM company that constantly adds value."

4.5/5

What do you like best about Molecule?

Molecule is very attentive to our needs and making the appropriate changes when requested. They are able to customize their system to our company's needs. Review collected by and hosted on G2.com.

What do you dislike about Molecule?

Early on, there were speed issues that posed problems, but these were corrected over time. This was our most pressing need, but it was addressed and remedied. Review collected by and hosted on G2.com.

Ryan S.

Mid-Market (51-1000 emp.)

8/23/2021

"For front office and customer service, molecule hits on all the marks."

5/5

What do you like best about Molecule?

Ease of using, view and search functions. Outstanding customer service. Review collected by and hosted on G2.com.

What do you dislike about Molecule?

When manuall entering a deal, The lag of seaching for the deal type to get started. Review collected by and hosted on G2.com.

Recommendations to others considering Molecule:

Customer Service is top-notch! They contact me when something is wrong before I even have a chance to contact them. Very user-friendly intuitive interface to view and search deals. Review collected by and hosted on G2.com.

What problems is Molecule solving and how is that benefiting you?

Financial Deals are automatically captured and in an easily viewable and searchable format. I can quickly input, edit, and delete bilateral deals. Review collected by and hosted on G2.com.