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April 24, 2015 9:01 PM ET

Internet Software and Services

Company Overview of Aspect Enterprise Solutions Ltd.

Company Overview

Aspect Enterprise Solutions Ltd. provides Web-based commodity trading, risk management, and data management applications for front, middle, and back-office professionals globally. It offers AspectCTRM, a trading and risk management solution for commodity traders, risk managers, operations staff, and back-office personnel. The company also provides Aspect Decision Support Center, an online source to track real-time and historical futures and spot prices; and Aspect TradeFlo for capturing and managing deals, and monitoring and improving profitability. In addition, it offers consulting and support services. The company’s Software-as-a-Service applications are delivered in the cloud. Aspect Ente...

Castlewood House

77-91 New Oxford Street

London,  WC1A 1DG

United Kingdom

Founded in 1999

Phone:

44 20 7632 0170

Fax:

44 20 7836 8030

Key Executives for Aspect Enterprise Solutions Ltd.

Chief Executive Officer, President and Board Member
Co-Founder and Chairman of The Board
Co-Founder and Board Member
Financial Director
Chief Technology Officer
Compensation as of Fiscal Year 2014.

Aspect Enterprise Solutions Ltd. Key Developments

Essar Oil (UK) Selects Aspect's Energy Trade and Risk Management Solution

Essar Oil (UK) Limited, has selected Aspect's energy trading and risk management solution, AspectCTRM to help optimize its European refinery-related trading, supply and risk management activities. AspectCTRM is being integrated with several in-house solutions including Essar UK's refinery and planning system, SAP ERP and its curve management provisioning tools.

Mitsubishi Expands Commitment with Leading Cloud E/CTRM Vendor Aspect

Mitsubishi announced that as a long-time customer of multi-commodity trade solutions vendor Aspect, has further entrusted its trade, risk and operations business by increasing its contract value by 24%, and extending its long-standing commitment by several more years. Mitsubishi has added users and is taking advantage of new and upgraded physical operations and reporting tools. Mitsubishi relies on AspectCTRM for its physical crude oil operation globally. A number of years ago, it deployed AspectCTRM to manage risk implicit with its increasing volume of buy/store/sell/ship trades of physical products, and associated trades of derivatives for hedging.

Aegean Bunkering USA Adopts AspectCTRM for its U.S. East Coast Operations

Aegean Bunkering USA LLC, the New York-based subsidiary of the Piraeus, Greece headquartered Aegean Marine Petroleum Network has selected and deployed Aspect Enterprise Solutions' trade and risk management solution, AspectCTRM. The project was completed in less than 12 weeks from contract ink to go live. The implementation, including configuration, customization, full user training and the porting of multiple years' data from a previous solution, sets a new record for Aspect for a front-to-back office system deployment. AspectCTRM's deployment at Aegean Bunkering USA came after the acquisition of another Bunker organization. The need to integrate this new business and its legacy CTRM system, together with pressures on a rapid deployment, made speed of implementation a priority as Aegean Bunkering's Director of Global Trading, Sal Drago explained.

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