Houston, TX (PRWEB) May 08, 2014
Aspect Enterprise Solutions, the leading multi-commodity Cloud commodity trade and risk management solution provider, announced that CIO Review Magazine has named it as one of the Top 20 Most Promising Risk Management Solution Providers for the Capital Market.
The CIO Magazine article pointed to Aspect's clear market differentiators in excellent price performance, swift deployment times of just a few weeks, and cutting-edge technology. Recently named the leader in Cloud systems in an industry E/CTRM report, Aspect's technology advantages are unparalleled by older software. For example, the use of in-memory database makes data retrieval faster and results in exponential time-savings for risk management processes. Intraday and end-of-day profit and loss and portfolio analysis can be run in real time.
Aspect offers an excellent price performance and total cost of ownership which is illustrated by Hughes as, “Implementing older ETRM systems that require software and hardware typically takes six months or more, while deploying AspectCTRM takes just four to six weeks on average, with many features becoming accessible to users in just two weeks.”
“We were built for the internet community from day one, which was quite a bold move back in 1999,” pronounces Steve Hughes, CEO at Aspect.
Aspect is empowering enterprises of all sizes by delivering market data, trade, risk and physical operations solutions on one platform, via one password -- in its flagship solution, AspectCTRM. Modules can be deployed as needed, so it's flexible. The solution features three editions—Lite, Standard and Enterprise, seamlessly expanding in functionality according to the needs and budgets of clients. While the Lite edition features front office functionality like trade capture, position keeping, profit and loss tracking and market risk reporting, the expanded Standard and Enterprise editions covers the full spectrum of functionality for trade and risk management, and physical and financial operations with advanced reporting, and integration capabilities.
About Aspect Enterprise Solutions
Aspect Enterprise Solutions http://www.aspectenterprise.com is a leading global provider of Web-based, multi-commodity trading, risk, supply chain management and data analysis applications with almost 500 customers and thousands of users in 90 countries. The Aspect family is the only integrated, all-in-one platform delivered as Software-as-a-Service (SaaS) in the Cloud, which enables rapid deployment, controlled costs and immediate ROI. Applications include AspectCTRM®, a full-featured commodity trading and risk management enterprise suite for front, middle and back office. It’s available in three editions: Lite, Standard and Enterprise, seamlessly expanding in functionality according to the needs and budgets of clients. AspectDSC is the 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 the Price Manager solution which provides consolidation and support for the global oil price forecasting process and forward curve management.