In the past trading houses had only two options: spreadsheets or big-budget custom software development programs. Now SaaS-delivered solutions combined with Cloud Computing offer a real, cost-effective alternative. With the global economy, regulatory environment and credit shrinkage increasingly mandating formalized systems for even small trading companies, SaaS offers fast-start, turnkey solutions without up-front investment or resource demands.
Steve Hughes
President & CEO
Aspect Enterprise Solutions
Cloud-based applications — aka Software as a Service (SaaS) — have seen steady growth over the past few years and will continue to grow.
Gartner, Inc., Cloud Computing: The Next Generation of Outsourcing, Ben Pring, November 1, 2010

According to Technology Research Analyst Firm Gartner…

We are in the midst of a fundamental shift, as more enterprises start to use services enabled by cloud technologies. This will heavily impact IT services providers, who must now consider strategies for coping with profound changes in the marketplace or risk being left behind.
Cloud Computing:
The Next Generation Of Outsourcing
Ben Pring, November 1, 2010
According to Technology Research Analyst Firm Gartner…
Increasingly, hosted or SaaS-based solutions are gaining favor among end users as a means of reducing capital costs, deployment times and support overheads. While traditionally these solutions were preferred options for smaller end users or end users with limited functional requirements, as the functional capabilities of SaaS - or application service provider (ASP)-based deployments grow, the appeal to larger organizations will widen.
Magic Quadrant For Energy Trading And Risk Management Platforms
Keith Harrison and
David Furlonger
March 18, 2011
AspectCTRM was installed and working for us so fast – quickly enabling us to get a real-time understanding of profit and loss, exposures, price movements in the markets and how we can better manage risk.
Peter Malcom King
Business Development & Strategy Manager
Linetrale Oil Supply & Trading Company, Nigeria

About Us

Steve Hughes
We’re seeing a lot of activity in the market as traders with legacy systems shop for next-generation replacements. As our recent deals show, our architecture lets trading houses quickly equip from tens to hundreds of users, all for a monthly per-user subscription. All they need to provide workers with is a browser and an Internet connection. There is no need for additional software on existing client devices, no further investment in hardware and no consequential support costs at the desktop. As our order book shows, these are deal-winning features.
Steve Hughes, President & CEO, Aspect Enterprise Solutions

About the Company

Aspect Enterprise Solutions was founded in 1999, as OILspace, to leverage unique industry knowledge, modern technology and years of experience. Building upon a flexible infrastructure and technology platform, with an innovative development methodology, Aspect’s development team has produced a range of Web-based applications, customization services and enterprise integration solutions.

With more than a decade’s experience dealing with the world’s largest energy corporations, OILspace became Aspect Enterprise Solutions to mark the company’s expansion into broader commodities markets. Aspect is now the leading global provider of Web-based commodity trading, risk management and data management applications. We offer the only integrated, all-in one platform delivering Software-as-a-Service (SaaS) applications in the Cloud. This enables rapid deployment, controlled costs and immediate ROI for all size companies, from small trading houses to global conglomerates. Aspect solutions are accessible via the same online password providing seamless, user-friendly collaboration for global teams. Aspect clients produce, refine, market, ship and trade globally and rely on our expertise in these key physical and financial markets: Oil, Metals, Steel, Coal, Marine Fuels, Biofuels, Freight, Natural Gas, Emissions and Agriculture/Softs.

Working together with clients’ IT departments, and those with limited resources, Aspect can quickly deploy on-demand solutions with a smart approach to problem solving. Let us know what we can do for your organization.