HOUSTON, TX, October 19, 2026 – Global management and technology consultancy Capco, a Wipro company, and Molecule, the next-generation energy trading and risk management (ETRM) platform, have announced a new strategic partnership to accelerate ETRM modernization and deliver more agile, scalable, and data-driven trading and risk operations.
The new partnership combines Capco’s deep energy trading and risk expertise and experience delivering complex transformation programs with Molecule’s modern, API-first ETRM capabilities to enhance transformation initiatives for energy producers, midstream operators, traders and financial institutions. The partnership is designed to help energy and commodity firms swiftly and precisely move off legacy ETRM systems that are costly to maintain, slow to upgrade and hard to integrate.
Capco helps energy and commodities firms transform their ETRM capabilities by combining deep trading and risk expertise with technology, data, AI and delivery excellence. The firm supports the full ETRM lifecycle, from strategy, operating model and platform selection through implementation, integration, modernization and optimization across front, middle, and back-office functions.
Molecule helps producers, midstream operators, traders, retail energy suppliers and asset managers modernize their trading and risk operations with a cloud-native, multi-tenant SaaS ETRM/CTRM platform. As the system of record for trading and risk, the platform supports the trade lifecycle from capture through settlement with near real-time position, P&L and risk reporting, and TIES by Molecule covers physical gas operations for producers, midstream operators and marketers.
John Janssen, Managing Partner, North America Energy and Utilities, said: “Bringing together strong consulting fundamentals and energy trading experience with proven technology, data, risk and AI expertise, we support our clients in turning digital transformation into a source of operational resilience, agility and competitive advantage. Our approach goes beyond implementing technology to help firms simplify complexity across their business. We help them modernize their data foundations, apply AI to improve decision making and productivity and strengthen their controls to ensure they can build scalable solutions that will evolve with their ambitions.”
Pat Smith, CEO of Molecule, said: “At Molecule, we believe choosing the right partners is essential for successful delivery and for building long-term client relationships. Our experience working alongside Capco on client engagements, combined with the scale and proven track record of their ETRM practice, made them an obvious choice. Together, we’re giving clients a modern, cloud-native ETRM platform backed by world-class implementation expertise, so they can modernize faster and with greater confidence.”
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About Capco
Capco, a Wipro company, is a global technology and management consultancy shaping change in the energy and financial services industries. For almost 30 years, we have been trusted to help our clients adapt, transform and create long-term value across capital markets, banking, payments, insurance, wealth and asset management, and the energy and utilities sectors. Our deep industry expertise, partnership mindset and award-winning Be Yourself At Work culture are amplified by our strengths in advisory, technology, data and AI innovation. We support our clients to establish clear priorities, connect vision to value, and deliver measurable impact when the stakes are highest. Expert-led, AI-infused, impact-focused – we do not just respond to change, we help shape it. To learn more, visit www.capco.com or follow us on LinkedIn, Instagram, Facebook, and YouTube.
About Molecule
Founded in 2012 and based in Houston, TX, Molecule provides a cloud-native ETRM/CTRM system for energy traders, asset managers, and financial institutions. The platform supports trade capture, risk management, settlements, and reporting across power, gas, renewables, crude oil, metals, and more. Designed with an API-first approach, Molecule integrates seamlessly into the modern trading stack. Visit molecule.io to learn more.