Topaz Technology has won CTRM software house of the year at the Energy Risk Asia Awards 2026. The award recognises the Topaz platform for real-time, multi-commodity valuation, P&L and risk analytics.
The Energy Risk Asia Awards celebrate firms that have furthered best practice in risk management across the region. This year, Asian energy markets faced severe volatility, with disruption to LNG and oil flows and sharp price swings. In those conditions, a clear view of positions, exposures and real-time P&L became essential.
The Topaz platform can run on its own or alongside a customer's existing CTRM systems. It gives traders, P&L analysts, risk managers and quants one consistent view across derivatives, physical trades and structured options. That reduces reconciliation effort and builds confidence in the numbers.
Alex McGuire, co-founder and Head of Quantitative Analytics at Topaz, based in Singapore, commented: "This award is a great recognition of the work our whole team has put in this year. Our customers are operating in very volatile markets and need to trust their numbers. We have focused on giving them one clear view of risk and P&L, with full transparency behind every figure. It is rewarding to see that recognised across Asia."
The award follows a strong period of growth for Topaz. Live users rose by 85% in 2025, and the company took nine top spots in the 2026 Energy Risk Software Rankings, up from seven the year before.
This progress includes Asia, where Topaz has added new deployments, mainly in LNG trading, at existing clients with large regional businesses. One of those clients has since extended Topaz into its power business in Japan following a successful deployment in Singapore.
Alongside this, the platform itself has continued to develop. Physical trade valuation now supports flexible mark-to-market rules across complex logistics chains, with step-by-step auditability. The pricing formula language has been extended to cover bespoke physical pricing structures, and governance and audit capabilities have also been strengthened.
To read more and see the full feature on Risk.net: CTRM software house of the year: Topaz Technology.
The full list of winners is also available from Energy Risk: Energy Risk Asia Awards 2026: The winners.
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About Topaz Technology:
Topaz Technology is a software company founded by expert technologists, quants and traders. We help commodity traders and risk managers manage and report on risk across the full spectrum of their trading activity in real-time. The Topaz platform is cross-commodity, fast and scalable, and has extensive analytics capability built in.
For more information visit https://topaz.technology
Jo Finnigan
COO – Topaz Technology
jo@topaz.technology
