Some common answers to common questions about ITAS...

Frequently asked questions

Is ITAS for small or large Trading Companies?

Question
Is ITAS software more suited to smaller or larger Trading Companies?
Answer
ITAS has been successfully rolled out to, and is being used today in many small single commodity trading companies and also large multi-commodity, multi-currency transnational companies.
If you would like testimonials from companies of a similar size to your own, get in touch.

Which Commodities?

Question
Which Commodities can be used with ITAS?
Answer
Primarily ITAS can be used out of the box with the following commodities:
Softs and Agricultural
Metals & Minerals
ITAS supports leading trading companies in the trade and distribution of:
Financial Products
Liquid Products

 

Hivedome Services

Question
What professional services do Hivedome offer?
Answer
Hivedome currently offer services in the following areas:

What is ITAS?

Question
What does ITAS software offer me and my Trading Company?
Answer
ITAS is a comprehensive, Information Trading and Accountancy Software package. The power of ITAS lies in it’s configuration; and ITAS has been successfully rolled out to many  commodity Trading Houses throughout the world. ITAS in an Enterprise Commodities Trading platform built “by Traders, for Traders’ with a clear focus on the commodity supply chain industry. Hivedome has never spent a single penny on marketing, which we feel speaks volumes about the power and reliability of our software.

Scalability

Question
How Scalable is ITAS?
Answer
ITAS is modular based platform, customisable and tailored to meet your immediate and future business requirements.
Implementations ranging from an entry level, single commodity platform to larger multi-site, multi-commodity roll-outs with sophisticated enterprise level interfaces.

Multi-commodity Licence Fees?

Question
When operating multi-commodities are there additional licence fees?
Answer
No. ITAS is licensed per user seat * on a subscription basis irrespective of the number of commodities traded.
ITAS is marketed as a single-solution package as we believe the basic principles of trading are consistent. ITAS has a simple categorisation system where modules can be implemented singularly or in any combination. This not only ensures that clients only pay for the functionality they require, but can also reduce the complexity of the implementation and education programme.
* minimum terms apply

ITAS Modules

Question
What is an ITAS module?
Answer
Each module contains applications, services and functions that are related to a particular area of the system. They represent different areas of a business so it is possible to restrict access, and subscription fees, to specific user groups. Currently the following modules are available; Financial Management, Physicals Trading*, F&O*, Finance & Banking*, Inventory Management*, Specialist Inventory* and Ops & Infrastructure.
* premium modules

Module Licencing

Question
Can ITAS be licenced by individual module?
Answer
ITAS can be licensed by module on a user by user basis. All ITAS users will need to be licensed to use the core system modules (Financial Management and Ops & Infrastructure) but ‘premium’ modules (see ITAS Modules above) can be licensed by the individual user requirements *. As well as keeping down costs, this allows organisations to tailor the application environment and control expose of certain functionality to specific user groups.
* minimum terms apply

Separate Installations

Question
When operating multi-commodities, are separate installations required?
Answer
Not necessarily. This will depend on the number of concurrent users but ITAS is designed to operate any of the above commodities, either singularly or as a multiple. ITAS is licensed per user seat on a subscription basis irrespective of the number of installations. Commodity-specific variations are managed through configuration at Trading Entity (TE) level, and are generally available to any ITAS subscriber.

Trading Entities

Question
What is a Trading Entity?
Answer
Within ITAS we have a concept of a TE and this can represent any internal division of a business. Typically this may be driven by legal requirements, geographical locations, real departments or desks (physicals and futures for example), commodities traded or any combination of these, within an organisation. ITAS allows reporting across these TE’s when operating on a single server, so consolidated accounting and positions can still be achieved. The purpose is to allow TE’s to be configured specifically for the entity they represent; from commodity-specific rules and variations, through to user access and security.