Consulting

Aspect Enterprise Solutions consultants and project managers offer a range of services and support to make sure the implementation of any AspectCTRM system is time and cost effective, from the initial planning of the project through customization and implementation, to full integration and client support.

A Full Suite of Services for Your AspectCTRM Solution

We offer implementation support and training including initial training, scoping and confirmation to match alignment with business objectives and workflows. Our consultants will ensure that AspectCTRM is configured to support your individual required business processes. Master data is built into your system and users are trained. We provide initial operations support after rollout, with checkpoint reviews during implementation and follow up with final reviews right up to sign off.

Each new implementation has an experienced dedicated project manager and team to see the process through planning and execution. Our customization services include ongoing core system enhancements and alignment with Aspect Enterprise Solutions products.

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From Start to Finish, Aspect Consulting is Here for You

Integration Services

Business Case

Some of our clients using AspectCTRM use it as a stand-alone system for trade and risk management activity with minimal or no integration to other business systems. Others integrate AspectCTRM with homegrown and external vendor systems to achieve a best-practice environment and the optimum value through AspectCTRM. Here are some of the ways you can integrate AspectCTRM with your systems:

  • Trading Execution Platform (exchanges)
  • Terminal & Rack Management Systems
  • Compliance & Risk Reporting Systems
  • Market Data Systems Like AspectDSC & Others
  • Clearing Platforms (ie: ICE eConfirm)
  • Internal or 3rd Party Systems such as SAP, JD Edwards, etc.
Solution

Integrating AspectCTRM into the enterprise architecture using the web service-based integration capabilities of AspectCTRM and / or by developing bespoke interfaces to other business systems offer enhanced business benefits and higher return on investment. If different systems are deployed for accounting, compliance and risk reporting or other business areas, Aspect Enterprise Solutions offers consulting services to help clients build enterprise-wide integrated architecture around AspectCTRM.

Packaged Service

The aim of this service is to help clients realize the full potential of AspectCTRM and provide a strategy to create integrated enterprise architecture. Our package offers the following services:

  • Systems Study and Analysis Phase
  • Integration Strategy Definition Phase
  • Integration Management
Details of Service

This package provides the services of an experienced Aspect Enterprise Solutions consultant to work onsite with the client for a pre-agreed period of time and with clearly defined deliverables. The packaged services include:

Business Systems Study & Analysis Phase

This phase consists of a study of the business systems landscape and analysis of integration requirements in collaboration with business users.

Integration Strategy Definition Phase

Our consultant identifies whether the integration with individual systems can be achieved by way of AspectCTRM’s own integration capabilities, or whether bespoke interfaces are required. All available options are analyzed and a recommendation based on best practices is provided for each business system interface. The integration strategy to create enterprise architecture is documented.

Integration Management

This is an optional activity. If our client decides to go ahead with the integration using the integration strategy defined in the report, Aspect Enterprise Solutions consultant(s) provide further services to manage the integration and related business change to ensure the final delivery of the integrated enterprise architecture.

Timeframe

The length of time required to carry out this assignment will depend on the numbers, size, complexity and documentation standard of the peripheral systems that need to be integrated with AspectCTRM.

Risk Management Assessment

Business Case

Some of our clients use AspectCTRM as a reliable and accurate stand-alone transaction management system for profit and loss (P&L) and position reporting. But many of our clients understand the full promise and benefits of the system including its real-time analytical tools due to its alignment with the goals of the company. A well-designed risk assessment plan aligned with business processes and integrated solutions is important. It’s been proven by the most successful companies to deliver a powerful framework for risk management at every level of the organization from trading and operations to management and corporate.

Solution

This solution consists of a review of your current risk management framework and how best practices through AspectCTRM can be aligned. Finally in collaboration with the business, an Aspect Enterprise Solutions consultant provides recommendations for creating a risk management plan that integrates the AspectCTRM risk processes with your business risk management processes and policies.

Packaged Service

The aim of this service is to help clients realize the full potential of AspectCTRM’s risk management capabilities and provide a strategy to create a cohesive, collaborative risk assessment framework. This package offers the following services:

  • Study and analyze all client risk management processes and procedures
  • Overview of risk management best practices including value-at-risk (VaR methodology (if required)
  • Overview of AspectCTRM risk management capabilities
  • Recommendations on implementing risk management framework using AspectCTRM processes and capabilities
Details of Service

This package provides the services of an experienced Aspect Enterprise Solutions consultant to work onsite with the client for a pre-agreed period of time and with clearly defined deliverables. Any one of the following services can be offered individually or as one package:

Risk Management Process Study and Analysis Phase

This phase consists of a study of client’s current risk management processes and practices to understand and analyze the current risk management landscape.

Overview of Risk Management Best Practices

This phase is in the form of a presentation and training on risk management best practices.

Overview of AspectCTRM Risk Management Capabilities

Aspect Enterprise Solutions consultants demonstrate various risk management processes and capabilities of the AspectCTRM system and ideas on how these can be used by business.

Recommendations

Finally, a report incorporating overview of current risk framework and recommendations on implementing a risk management framework using AspectCTRM at various levels of management in the organization will be provided.

Timeframe

The length of time required to carry out this assignment depends on the size and complexity of the organization and the services required by the client.

System Health Check

Business Case

AspectCTRM is a very flexible and powerful system. However, to take advantage of its full potential and achieve an optimum level of usage, deep understanding of product functionality and its configuration capability is required.

Solution

To take full advantage of AspectCTRM functionality and to ensure optimal usage of our system without the risk of business and system disruptions, Aspect Enterprise Solutions offers A System Health Check. Aspect Enterprise Solutions consultants work on-site with the business closely to analyze the client business and identify the areas in which available AspectCTRM functionality can be deployed for greater business benefits. Consultants can also help set up proper business processes and if needed, simplify the way the system is used to get more value out of it.

Packaged Service

This package offers the services of trained consultant(s) for:

  • Understanding and analyzing the client business
  • Identifying the AspectCTRM functionality that can further help business in achieving enhanced benefits and achieving optimum level of system usage
  • System health check and user training
Details of Service

This package provides the services of an experienced Aspect Enterprise Solutions consultant to work onsite with our client for a pre-agreed period of time and with clearly defined deliverables. Any one of the following services can be offered individually or as one package:

Business Analysis

This consists of understanding and analyzing the client business, identifying the business areas where AspectCTRM is not being used optimally including the identification of causes of such usage.

AspectCTRM Functionality and Business Need Alignment

Aspect Enterprise Solutions consultant(s) identify the AspectCTRM functionality that can be deployed to the business areas identified in the Business Analysis phase. This offers ways to take optimal advantage of the AspectCTRM functionality for enhanced business benefits to achieve improved ROI.

Aspect System Health Check and Training

Aspect Enterprise Solutions consultants assess the health of your system environment and identify any security, performance and configuration problems before they can impact your critical operations. The consultant also implements functionality that exists and can provide business benefits in the identified business areas with minimal risk of business and system disruptions. Identified business users will also be trained on new functionality to achieve identified business goals.

Timeframe

The length of time required to carry out the assignment and the cost will depend on the size and complexity of the organization, business process and the extent to which AspectCTRM system is already used by business.

Verification, Acceptance and Change Management Service

Business Case

Aspect Enterprise Solutions releases new major versions of AspectCTRM on a periodic basis. However, some clients are unable to use or take full advantage of the new functionality offered due to lack of internal resources to manage changes and set up business processes.

Solution

To take advantage of powerful new functionality and make the required business changes without the risk of business / system disruptions, Aspect Enterprise Solutions offers a package of services. Aspect Enterprise Solutions consultants will work on-site with your business to manage the changes required without the risk of disruptions so you and your team can adopt and leverage the full suite of AspectCTRM modules with confidence.

Packaged Service

This package offers the services of trained consultants for:

  • New functionality verification and acceptance testing on behalf of — and in collaboration with business users
  • Business change management and user training
Details of Service

This package provides the services of an experienced Aspect Enterprise Solutions consultant to work onsite with our client for a pre-agreed period of time and with clearly defined deliverables. This packaged services includes:

Acceptance Test Planning and Test Case Documentation

This phase consists of drawing up of an acceptance test plan, test case documentation in collaboration with users, preparation of test environment and test data. For each of the activities, pre-agreed documents and reports are delivered.

Acceptance Testing and System Verification

Actual acceptance testing is carried out, test results are documented and problems identified are reported for fixing and managed. For all the activities listed, clear documentation and periodic reports are provided. This testing ensures there will be either no changes to existing numbers or the changes are known and documented clearly.

Business Change Documentation and User Training

Aspect Enterprise Solutions consultant(s) analyze and document any changes required to the business processes and provide best practices based recommendations. This includes identification of impact of new system releases on the existing processes, interfacing systems and changes required to these systems.

Users are provided hands-on training on the use of new business functions to ensure business is able to take full advantage of new functionality. The business will be ready to use the new version of the system and derive additional business benefits from the new product functionality.

Timeframe

The length of time required to carry out the assignment will depend on the numbers, size, complexity of the release to be verified and implemented.