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 Enterprise Solutions out of the box, with customized configurations. 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.
SaaS has become 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 – or years – and sometimes never deliver the promised gains. Before there was an alternative, this was accepted.
With Aspect’s SaaS delivery, 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 additional elements going live according to a planned release. Aspect hosts its 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.
E/CTRM for the first time is a practical option for smaller trading organizations. Rather than continue to struggle with spreadsheet-based trade management, smaller organizations can implement real-time on-screen deal capture and risk analysis quickly and for little up-front cost, expanding the system’s capabilities as the business grows or market conditions change.
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.