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

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 Webservice-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 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 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

In this 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 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.

Please contact Chetna Bhatia for more information about AspectSERVICES, or contact the Aspect office nearest you.
 

More Information About AspectAcademy Integration Services

For more information about these training modules or customized training for your team, please email us or call + 44 020 7632 0170.