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
This opportunity to work with Aspect is one we firmly believe will bring new value to our customers in our core energy businesses. We have a strong customer base throughout North America, and proven sales and account teams that can deliver tremendous value by working with Aspect and leveraging their ability to quickly deploy and deliver accessible, affordable Cloud solutions to the mid-market, like no other company in the world today.
Michael Browne
Vice President
Analytics and Trading
Schneider Electric
We like to do things differently at Aspect. We showed that with our open pricing policy back in 2011. Now we’re challenging another industry norm by developing a revolutionary set of embedded tools that will empower customers, or their choice of third party consultant, to do that essential final part of the deployment and make whatever changes they want thereafter.
Steve Hughes
President & CEO
Aspect Enterprise Solutions
This is just the beginning. We've hired a new team in our newly formed partnership division whose job is to identify key companies that meet our strategic partner goals for selling, deploying and supporting AspectCTRM solutions. This group will leverage the lengthy development work we've done over the past several years for our AESthetics project, which will allow our deployment partners the ability to learn, configure and deploy our solutions as quickly as we can, in just a few weeks. There's huge cost efficiency savings in this.
Steve Hughes
President & CEO
Aspect Enterprise Solutions


AspectCTRM Lite (LE), Standard (SE), & Enterprise Editions (EE)

AspectCTRM is a trading and risk management solution for today’s commodity traders, risk managers, operations staff and back-office personnel. There are four basic components, with the solution varying by product and industry focus, such as Metals/Steel, Bunkering, etc. See our Industries section for more details. These components include: Trade Management, Risk Management, Physical Operations and Financial Operations.

The Aspect Multi-Commodity Framework is the world’s first cross-asset trading and risk management platform fully delivered Software-as-a-Service (SaaS) in the Cloud. What this means is software applications have been designed for Web use, and delivered as a service using Cloud computing. It’s fully Web-based, and there’s never costly software to install. You have instant access to the full range of functionality from your Web browser. There are no expensive installations, services or databases to buy and support. Everything is provided by Aspect out of the box. The solution scales from single users to multi-location global businesses backed up with professional support and Disaster Recovery built into the solution. It’s fully secure. No longer is a professional solution of reach. Your capital can be invested into the business, not tied up in expensive, risky implementation projects with traditional vendors.

AspectCTRM Multi-Commodity Support

Our solutions vary by specific industry requirements. This section focuses primarily on oil, petroleum and petrochemical products.

Visit the Industries section to learn more about your area of interest.

AspectCTRM Lite, Standard & Enterprise Editions

AspectCTRM features three editions that scale with the needs of our users: Lite, Standard and Enterprise. The Lite Edition features front office functionality that deploys within hours out-of-the-box. Functionality includes trade capture, position keeping, profit and loss tracking and market risk reporting. These features are limited for the trial version. The expanded Standard and Enterprise Editions are robust in features covering the full spectrum of functionality for trade and risk management, and physical and financial operations with advanced reporting, integration and more.

Key Benefits

  • Swift Deployment: While other systems can take years to develop and implement, the Aspect Multi-commodity Framework is designed to be quickly re-configured to meet specific needs of diverse commodities companies. Our framework is agile and flexible allowing your business to rapidly change and meet market and client demands.
  • Easily Configured: Customize screens, set security limits, and configure workflows and notifications to align with business processes.
  • Flexible Integration: Open Web Service APIs allow companies to maintain existing investments in legacy third-party and proprietary systems.

Common Features & Functionality

Some features not available in the Lite Edition. Ask us for a full module description

  • Report Builder: AspectCTRM is deployed with a series of pre-built reports depending on the edition. For more customized reports, Aspect can build them for you, or train your staff.
  • OLAP Slice & Dice Reporting: Manipulate and analyze large amounts of data, quickly and from multiple perspectives.
  • Security Module: Securely define and set user and roles based parameters, and protect your business from fraud. Allow users see and update only the data approved by management.
  • Notifications: Set alerts to notify trading and operations teams of important thresholds and events that require attention and activities.
  • Bookmarks: Bookmark reports for single click access later.
  • XML Integration: Upload & download data (trades, costs, nodes, prices) in XML format via the user interface (UI) or Web services interface.

Products Supported:

  • Non-Ferrous Metals LME Base Metals: Aluminum, Copper, Tin, Nickel, Lead & Zinc, Aluminum Alloy, NASAAC Minor metals: Molybdenum, Cobalt
  • Steel Flat Products: HRC, CRC, Slab, Pilings
  • Long Products: Billet, Rebar, Rods, Wire Iron Ore, Pig Iron, Ferro-Alloys, Special Steels
  • Scrap And Recycled Materials
  • Precious Metals Gold, Silver, Platinum, Palladium
  • Forex
Control and transparency are the keys to any successful trading operation. Here are the building blocks without which one cannot establish proper corporate governance and best practices. When I joined TNK one of my first priorities was to implement a new system of operations control through ASPectCTRM, which now, in my opinion, is the best in the market. It allows tracking of movements at any time: what was sold, who the seller and buyer were, and what the market situation was at that moment, and all this marked-to-market. Transparency is one of the keys to making the right decisions, absolutely vital in a competitive market in which one tries continuously to optimize results.
Jonathan Kollek
VP of Sales, Trading & Logistics, TNK-BP
We looked at a number of alternatives but felt that Aspect’s SaaS approach was the best fit with our needs. It’s proved highly affordable, very fast to implement and it’s enabling us to more accurately monitor our exposure and manage the business more effectively. Having talked to other Aspect users, we have confidence in the solutions’ ability to support us with additional functions as we continue to grow.
Abdul Majid Mohd Yusoff
Managing Director
MasOil — Bunker Trader, Supplier & Terminal Operator
Having looked around for some time, it was clear that Aspect is the only company who can offer our business a full function CTRM platform, which we can access from any location at a price which fits our budget and return on investment model. They were very helpful and demonstrated excellent knowledge of our business. I look forward to working with them to leverage the power of AspectCTRM to help make our business more streamlined, efficient and effective. I would recommend small and medium enterprise commodity companies talk with Aspect Enterprise Solutions.
Harvey Puaar
Director of European Operations
Ambassador Lushbury Group