(PRWEB) September 16, 2010
As West Africa continues to develop in importance both as a source and a consumer of energy, Taleveras has become the latest regional trading house to adopt Aspect Enterprise Solutions’ (AES) AspectCTRM trade and risk management system. The trading company has moved to AES’s software as a service (SaaS) on-screen solution, ending its reliance on spreadsheets and paper for front-office activities.
AES’s speed of implementation, intuitive user interface and competitive pricing were all factors in the deal which makes Taleveras the 5th regional player to sign up AspectCTRM within the last 12 months.
Chris Manchett of Taleveras says: “As our trading diversifies and volumes grow, the need for advanced technology to capture trading risk and exposures is bigger than ever and we see AspectCTRM as a key enabler for reporting the company’s trading activities. The system will ensure the company is more efficient.”
The any-to-many scalability of AES’s SaaS solutions and the speed with which they can be deployed contrasts dramatically with legacy systems which typically take a year or more to implement and which fail to effectively scale downwards to support smaller trading operations. Even in a large scale fully end-to-end implementation, key elements of AspectCTRM, 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.
Aspect Enterprise Solutions provides enterprise class market information, trade and decision support tools for energy, metals and commodities professionals. The company delivers near real time position keeping, risk management, market prices and intelligence to users virtually anywhere, anytime. Trusted by over 500 corporations in more than 80 countries, the company's solutions routinely support more than $10Bn of transactions every day. They go live quicker, fit more exactly and deliver greater ROI yet cost far less to implement than first generation offerings.
AES applications include AspectCTRM®, its flagship full-featured commodity trading and risk management enterprise suite for front, middle and back office. Aspect TradeFlo deploys out-of-the box in just a few weeks. This CTRM lite edition is designed for small to mid-size trading, supply and end-user companies with smaller budgets and less complex requirements. As companies grow, and demands for more features expand – it easily scales to meet those requirements. AspectDSC is its decision support center for traders offering oil, metals and agricultural market news, prices, futures and analytical tools on desktops and mobile devices including Apple® iPhone® and iPad®, and BlackBerry®. See http://www.aspectenterprise.com for more information.