Case Studies

Customer Success Story In Trading

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Client: Linetrale

Solution: AspectCTRM for real-time P&L, risk and positions reporting; counterparty credit risk management; transparent trade management and integration with existing back-office.

Business: Linetrale has steadily grown to become one Nigeria's leading oil trading companies. Its main geographical area of business is Nigeria, with rapidly developing initiatives in the supply and trading business in West Africa including Abidjan, Republic of Benin, Cameroon, Liberia, Congo and Angola.

Overview: Valued Aspect Enterprise Solutions client Linetrale experienced years of steady growth that eventually began to strain the efficiencies of its operation. Management knew it was time to embrace an electronic environment that could easily be expanded in parallel with business growth. Linetrale needed to be able to capture and manage physical trades between internal entities and external counterparties, as well as manage paper trades to hedge its physical activity. There were other challenges the company faced that an energy trading system would solve. Request Complete Case Study to find out how AspectCTRM is helping this growing oil trading operation to achieve optimum financial success.

Customer Quote: "The move to AspectCTRM supports a key strategic goal. We were founded by Nigerians with a wealth of experience in international oil and gas markets, and that positioned us well for a remarkable run of organic growth. However we’d reached a point where we knew we had to tighten up on our internal processes and that we were at the limit of what was possible with spreadsheets.

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. It’s a cornerstone of our plans to grow our presence in neighboring states such as Abidjan(CIV), Ghana, Republic of Benin, Cameroon, Liberia, Congo and Angola.”

Peter Malcolm King
Linetrale Business Development & Strategy Manager