Aspect Enterprise Solutions Brand Strengthens In First Half Year Review

August 23, 2017

Following the last two years of record sales in the commodity trading and risk management software space, the first 6 months of 2017 have seen Aspect’s bookings percentage see double digit growth, signing new business, and extending contracts with existing clients.

Aspect’s new business through two quarters included new deals in the UAE, Athens and Estonia. AspectCTRM won over competitors on the back of its experienced pre-sales teams and its ability to show the growing strength of its Aspect Enterprise Solutions brand, and how AspectCTRM can solve challenges in hedging, storage and logistics.  Trade support for new clients includes LPG, crude oil and oil products for deals in the Far East, North Sea, Mediterranean and West Africa.

According to one new client, whose name is confidential, “It was Aspect’s sales and presales team’s domain and market knowledge that really sold it for us. We plan to take advantage of market opportunities with AspectCTRM to support our growing LPG business.” Aspect’s OTC paper hedges and freight P&L functionality will play an important component in moving LPG around the world.

Aspect’s existing clients have expanded with additional licenses for more users, with almost $2.5M in new licenses by just three of its clients. Anglo American, its large metals trading client has extended further out with more users and additional years added to its contract, showing its satisfaction with Aspect Enterprise Solutions.

Aspect Enterprise Solutions also added to its trove of awards, with more recognition. At gala events in Houston and London, Aspect Enterprise Solutions proudly accepted the Energy Risk award for top ETRM / CTRM Software. Aspect Enterprise Solutions also received a second award being named number 1 Cloud CTRM solution globally through the Annual Energy Risk Rankings Report.

Aspect Enterprise Solutions CIO Chetna Bhatia accepted on Aspect Enterprise Solutions’s behalf in London saying,  “It was really special because we accepted the coveted industry awards with some of our clients including The Klesch Group, and Berkeley Energy.”

More information about this award can be found at these links:

https://www.risk.net/awards/5210856/etrmctrm-software-house-of-the-year-aspect

http://www.aspectenterprise.com/wp-content/uploads/EnergyRisk-3PgAward-StoryJune2017.pdf

Aspect Enterprise Solutions also received two Game Changer Awards from Finance Monthly and ACQ5, more information can be seen here: https://gamechangersawards.finance-monthly.com/winners-publication/assets/basic-html/page-32.html#

 

About Aspect
Aspect Enterprise Solutions is a leading global provider of multi-commodity trade, risk and operations management applications delivered Software-as-a-Service (SaaS) in the cloud. With almost 500 customers in 90 countries, it’s one of the fastest growing providers with rapid deployment, affordable subscriptions, and immediate ROI for all size companies. Solutions include AspectCTRM®, a full-featured commodity trading and risk management enterprise suite for front, middle and back office. It’s available in three editions: Lite, Standard and Enterprise, expanding in functionality according to the needs and budgets of clients. Aspect Enterprise Solutions is the only ETRM/CTRM solutions provider with market data and analytics tools delivered with its trade and risk functions on the same platform. This provides users with a seamless packaged solution beginning with pre-trade pricing analysis and market assessments via AspectDSC. Aspect’s solutions are available on desktop, tablets and mobile devices.

Media Contact
Brigette Gebhard
Aspect
+1 848-223-7690
+1 941-201-5330
bgebhard@aspectenterprise.com

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