Software-as-a-Service

Experience Lightning Fast Deployment And Immediate ROI With SaaS In The Cloud

SaaS, on-demand, Cloud Computing – no matter what you call it, our customers have called it cost effective and powerful for more than 11 years. While the terms to describe Web-based solutions have changed over the years, one thing holds true: The advantages are unrivaled by traditional software, especially in today’s world where budgets are tight and total cost-of-ownership and ROI are critical. Web-based means you have instant access to the full range of functionality from your Web browser. There are no long, costly installations or expensive servers and databases to buy and support.

SaaS is software solutions delivered as a service on the Web. No software needs to be installed on our clients' computers, and all Aspect applications are compatible with standard browsers. As a result implementation is fast and the solution is no-risk as monthly subscription costs are known the client up front. Clients are able to quickly and easily use Aspect applications from any computer at any time.

SaaS CTRM has unparalleled positive implications for speed of implementation, cost of ownership, operational flexibility, trading safety, and efficiencies. Rapid deployment is provided by Aspect out of the box, with customized configurations depending on the complexity of your requirements. Our solutions scale from single users to thousands at multiple locations across global businesses, all backed up with professional support, maintenance and disaster recovery built into the solution. No longer is a professional solution out of reach for smaller companies. Your capital can now be invested into the business, and not tied up in expensive, risky implementation projects with traditional vendors.

SaaS Vs Enterprise Client-Server: Why The Web Wins

In almost every corner of business and the public sector, client-server architecture is increasingly being rejected because of its hunger for costly new IT hardware and its resultant high support costs. SaaS is becoming the preferred choice, because client server delivers expensive and inflexible software licenses, disruptive and often costly upgrades, and a track record of related integration projects that can wind on for months - often years – and sometimes never deliver the promised and hoped-for gains. Before there was an alternative, this was expected and accepted. Quote

“Industry analyst Utilipoint suggest even average CTRM client-server implementation can take nine months to a year – that is from the start of the installation process until the solution is capable of generating any paybacks.”

The contrast with SaaS CTRM, pioneered by Aspect with its modular trading and risk management solution, could not be more stark. Even in a fully end-to-end implementation, key elements of our solution, such as deal capture and risk analysis, can be in place, working and delivering value within a matter of days, with successive additional elements going live as the progress of integration projects allows. SaaS works to maximum advantage for user organizations. It sees the solution vendor host the CTRM application suite on its own infrastructure, taking care of hardware costs and maintenance as well as scheduling software upgrades to ensure that users in every time zone receive seamless continuity of service. User organizations are insulated from technical risk and complication, enabling them to quickly equip from tens to hundreds of users, all for a monthly per-user subscription.

Modular SaaS solutions bring further benefits. They make CTRM, for the first time, a practical option for smaller trading organizations for whom a full end-to-end legacy solution isn’t usually necessary or affordable. Rather than continue to struggle with spreadsheet-based trade recording, smaller organizations can implement real-time on-screen deal capture and risk analysis quickly and for little up-front cost in the full knowledge they can expand the system’s capabilities as the business grows or market conditions change.

Beware Of Software Companies Selling Traditional Software As SaaS

Don’t be fooled by today’s software companies who have been around for a number of years with no vision for becoming accessible on the Web. To catch up with today’s standards and business requirements, they’re simply putting a front-end on their same-old-software package, throwing it online — and calling it Saas. Nothing could be further from the truth. These systems are actually Web-enabled lacking the scalability, speed, agility, cost benefits, business value and vision of a true SaaS solution. Conventional application software simply isn’t built for the SaaS model. These same companies have also re-engineered their costs to sell you a subscription or service — and what you’ll get is a much slower, less flexible and more expensive system than a true SaaS platform like Aspect’s which is built from the ground up.

Here are just some of the benefits of SaaS:

• Reduce or eliminate hardware, software installations and system administration expenses.
• Infrastructure and maintenance expenses are lower than traditional client-server solutions.
• Incrementally build an integrated enterprise network one project at a time.
• Embrace standards-based solutions that eliminate the high cost of being "locked in" to a proprietary vendor or application.
• Leverage scalability and flexibility to keep up with changing business requirements.
• Integrate easily with external systems and synchronize data, such as trades and market prices between Aspect applications and other systems.
• Enjoy no disruptions during upgrades as new releases affect all users with software downloads necessary.
• Use capital for other projects, as no investments are needed.
• Get multiple discounted subscription pricing and add and remove users as needed.