AspectCTRM For Oil – Energy Trade Risk Management Solutions

Achieving optimum trading performance while minimizing business risk, and reducing transport and inventory costs against supply disruptions and unplanned market events is complex. Add constantly fluctuating market prices, ongoing credit issues with the banks, and changing accounting regulations – and the jobs of marketers, risk managers and operations professionals are difficult without a centralized and professional system. AspectCTRM is the leading energy trade risk management software choice for oil trading companies.

Energy Trade Risk Management Cloud Software Supports

Energy Traders

AspectCTRM supports several types of business for oil products. See our complete solution set for oil markets which includes these Modules: Trade Management, Risk Management, Physical Operations and Financial Operations.

Products Supported:
  • Crude Oil
  • Petroleum Products and NGLs
  • Petrochemicals
  • Marine Fuels
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This Daily P&L Report Report is used for viewing P&L values over multiple hierarchies in AspectCTRM. The report supports analyzing why P&L has changed for trades and strategies, i.e. because of market price movements or perhaps new trades being added.

The Cloud & The Importance of Physical Operations in Oil Trading

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AspectCTRM is the only Software-as-a-Service (Saas) in the cloud trade, risk and operations management solution. It’s an affordable option for small to mid-size companies – and because of its ability to scale and deploy swiftly – is also used by some of the largest companies globally. It provides access from anywhere in the world and boosts interoffice collaboration through its suite of applications which create end-to-end visibility across multiple business units and systems.

Traders, risk managers, schedulers and back-office personnel manage streamlined, integrated planning and fulfillment in real time. Tools within the solution expose critical market intelligence and provide scenario analysis and forecasting to create a nimble, visible environment that reduces risks and promotes supply-demand success.

Spreadsheets are Not the Answer

Many companies are using multiple spreadsheets to perform mark-to-market (MTM) and to hedge physical positions. This causes major risks, inaccuracies and an inability to manage and reconcile front and back office activities efficiently and cost-effectively. Companies know spreadsheets are not the answer – but the costs and risks associated with implementing traditional energy trade risk management software have been prohibitive for small to medium size companies until now. With AspectCTRM straight through processing ensures your trades are accurate from trade capture to settlement.

Hedging

Hedging is important in trading and in fuel procurement to protect the business from rising fuel costs. Optimizing fuel procurement is a necessity for large consuming businesses like airlines, transportation companies and industrials. AspectCTRM is an affordable, quick implementation choice for these companies, where trading is not their main business, but fuel is one of their largest costs. AspectCTRM is also the obvious choice for trading companies as it provides complete visibility to market exposure. Positions reports bring complete visibility to your hedges and associated physical trades in one system to help you understand when you’re fully hedged, and when you need to take new positions and unwind positions. AspectCTRM allows companies to manage margins more effectively through long-term deals, hedging and position management, and through efficient invoice validation and settlement.

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Case Study: Concord Energy

Discover how one of South East Asia's leaders in trading of crude oil and refined products was able to save from its previous system and deploy in just 3 weeks with year-end reports being run quickly and accurately.

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Integrated Oil Pricing Data

Most AspectCTRM customers also subscribe to our AspectDSC Market Data & Analytics solution. AspectDSC delivers charting tools and futures and spot prices from leading sources like Bunkerworld, Marine Bunker Fuel Exchange (MABUX), NYMEX, ICE, Platts, Dow Jones, CBOT, LME and others. This provides a seamless transfer of market prices used to validate trades and update positions.

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AspectCTRM for Oil & Petroleum Resources

 

White Paper: The Cloud & The Importance Of Physical Operations In Oil Trading

This exclusive guide explains why today’s trading companies need operational as well as transactional solutions. It looks at how the market has changed due to the financial climate.

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Webcast: Using "What If" Analysis To Model & Stress Test Energy Trades

Learn how stress testing allows users to analyze scenarios and plug in “what if” trading possibilities and instantly calculate profit and loss potential in multiple currencies on varying pricing factors.

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Webcast: How To Manage & Report Real Time P&L And Risk

We’ll show you how our clients start every day with an accurate profit and loss picture so that decisions worth millions of dollars are no longer based on best guesses due to inaccuracies in reporting.

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