Drop a contract on it, and it reads the trade out
opsPhlo Lite is a self-serve CTRM for small commodity trading desks and the trade finance professionals who keep them funded. Build the deal book from the documents you already have, see your position and margin the moment a price moves, and put every letter of credit through a real workbench before the bank finds the discrepancy. Standard product free for life for the first 10 companies, and nothing in it is paywalled today. No card, no sales call, working system in minutes.
“Standard product free for life for the first 10 customers. Premium modules will be priced when they arrive. Everything you sign up for today stays free.”
10
Founding places. When they are gone, Standard becomes a paid tier for everyone after you.
0
Features behind a paywall today. The premium set is deliberately empty; the free Standard product is the whole product.
Minutes
From signup to a working system, seeded with a starter pack for your commodities. Then drop one real document on it.
The whole book, built from the documents you already have
Point it at a deal recap, a broker offer or a signed contract, and it pulls out the parties, quantity, price, quality spec and shipment terms, shows you where every value came from, and files nothing until you confirm it. From there the system does what your spreadsheet pretends to:
- Deal book with flat, index, differential and provisional pricing, fixations and per-deal costs, financing carry and gross profit
- A merchandising position board: KPI tiles, by-commodity long/short, open-contract and futures blotters, all derived from the deals, never typed in twice; unpriced legs stay out of your flat position
- Hedging that answers “are you flat?”: per-broker margin, the projected call a price move would trigger, books, rolls and spreads, mark-to-market, FX on cross-currency trades
- Risk analytics (VaR, CFaR, PFE, stress), basis mark-to-market, KPIs with position limits
- The daily grind handled: exceptions queue, workflow rules and chase alerts, laytime and demurrage, port disbursement accounts, invoices and generated documents, banking with receipts auto-attributed to deals
- A documents inbox with its own email address: forward the paperwork in and the right deal's checklist ticks itself; counterparty 360 pages; save any deal as a template; per-user view/edit access per function
A real letter of credit workbench, not a status field
Paste the credit straight off the clipboard and work it the way a documentary credit specialist does:
- Workability review against the contract you actually struck, term by term, the day the credit is advised, not the day the documents are refused
- Back-to-back mirror: purchase credit against sale credit, mismatched terms surfaced side by side; soft clauses flagged
- Draft versus issued, amendments rolled into effective terms, volume declarations and issuance deadlines tracked; it writes the amendment request for you
- Document examination with findings and verdicts before presentation, built so it will not quietly pass a bad pack, and a sign-off trail
- Shipping instructions checked against the captured credit before they go to the seller, the last gate before a term error becomes a presentation discrepancy
- Letter of indemnity register with live exposure, so the paper you issued against missing documents is never out of sight
Read the autopsy: 8 defects the engine found between two perfectly reasonable credits →
What it does not do yet, and what that means for the roadmap
The product ships with an honest gaps list in its own manual. The founding ten decide the order these close in; that is the point of the offer.
- Market and FX prices are entered by hand today. Live exchange and broker feeds are on the roadmap; until then a hedge with no price reads “not marked”, never a silent zero.
- Options are not delta-modelled. They are counted at full notional and flagged as overstating cover, deliberately conservative until proper options handling ships.
- No sanctions or vessel screening, and no freight module. Screening, quotes, chartering and tracking are not in Lite today.
- The wider reporting layer is still filling in: counterparty treemaps, debtor aging roll-ups and vessel-wise profitability are not built yet. The position board, laytime, the hedge book and KPIs are.
Future premium modules will be priced when they arrive. Founding companies keep everything that exists today, free, whatever ships later. The manual also documents exactly where AI is used and where it is not, so you know which numbers came from arithmetic and which from a model.
Three steps, no procurement cycle
1
Sign up with a work email. Company name, your commodity classes, done. No card, no call, no contract to redline.
2
Start on a working system. Your workspace is seeded with a starter pack for agricultural, metals or energy trading, so day one is not a blank screen.
3
Drop one real document on it. A deal recap, a broker offer, or an LC against its deal. Twenty minutes and you know whether it fits how you trade.
The fine print, in plain sight
Is this really free, or a trial that expires?
Not a trial. The wording recorded against every founding workspace is: “Standard product free for life for the first 10 customers. Premium modules will be priced when they arrive. Everything you sign up for today stays free.” The page you sign up on and the commitment on file are the same string, deliberately, so the promise cannot drift. You can read your own commitment record in Settings after you sign up.
Is anything paywalled today?
No. The premium gating mechanism exists in the code, and the set of premium features is deliberately empty. Everything described on this page is in the Standard product you get free. When premium modules arrive, they will be new capabilities, not things taken away from you.
Why free? What do you get out of it?
Ten design partners whose real deal flow shapes the product, and ten references in segments we know well. Phlo Systems already runs full opsPhlo for larger trading houses; Lite is the standalone trading layer, and the first ten companies decide what gets built next.
How is Lite different from full opsPhlo?
Full opsPhlo is CTRM plus ERP: general ledger, multi-entity accounting, warehouse management, powered by Acumatica. Lite is the trading layer on its own: deal book, positions, hedging, the LC workbench, laytime, invoices and banking. When a desk outgrows Lite, the upgrade path is a conversation, not a migration project.
Is my book isolated from other tenants?
Each company gets its own workspace; every query is scoped to it with database row-level security. Your deal book is visible only to the users you invite, and role-based access controls who sees what inside your own team.
Which commodities are supported?
Agricultural and softs (cocoa, coffee, sugar, grains, edible oils), metals including LME-quoted business with averaging and quotational-period handling, and energy (thermal and coking coal, petcoke, refined products). Pricing supports flat, index, differential and provisional structures. The manual even ships glossaries for coal, metals, softs, grains and the SWIFT fields.
What happens when the 10 places are taken?
Standard becomes a paid tier for company number eleven onwards. Founding workspaces keep the free-for-life terms they signed up under.
Sign up now, or ask us to walk you through it
The fastest path is the signup page: you will be inside a working system in minutes. If you would rather see it on your own trade flows first, or you are a trade finance professional wondering whether the LC workbench fits your practice, leave your details and we will show you, on a real deal, within one business day.