For Ambrian Energy, they were the best solution for trade capture and risk management.
London (PRWEB) June 09, 2011
Europe’s newest bio-fuels trading house, Ambrian Energy, has deployed AspectCTRM, the front-to-back-office trading and risk management suite by Aspect Enterprise Solutions (AES).
Created in August 2010 by the acquisition of Masefield Bio-Fuels by Ambrian Capital, the new trader is headed by Bernd Sturmheit, formerly of Masefield, Vattenfall and E.ON.
“Having worked with AspectCTRM before, I was assured of its capabilities,” says Sturmheit. “For Ambrian Energy, they were the best solution for trade capture and risk management.”
Ambrian Energy, based in London, Hamburg, and Singapore, specialises in providing palm-, rapeseed- and soybean-based bio-diesel to customers throughout Europe.
AspectCTRM was deployed and tested at Ambrian Energy over a single weekend, and fully operational for when traders returned to their desks on the Monday morning.
Aspect Enterprise Solutions director of sales, Yags Savania comments, “The scalability of AES’s Software-as-a-Service solutions and the speed with which they can be deployed contrasts dramatically with client-software 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.
About Aspect Enterprise Solutions
AES provides Web-based enterprise class market information, trade and decision support tools for commodities professionals. Its solutions are trusted by over 500 corporations in more than 90 countries. 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® which is recognized in Gartner’s Magic Quadrant of ETRM Systems. It’s a full-featured commodity trading and risk management enterprise suite for front, middle and back office. It’s available in 3 Editions: Lite, Standard and Enterprise, seamlessly expanding in functionality according to the needs and budget of clients. 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. AspectPM is its Price Manager solution which provides consolidation and support for the global oil price forecasting process and forward curve management.
For information visit http://www.aspectenterprise.com
Aspect Enterprise Solutions:
+44 (0)20 7632 0170
+44 (0)1189 344007