Aspect Enterprise Solutions Enhances Market Data And Analytics Portal With Marine Bunker Exchange Spot Prices

December 5, 2011

AspectDSC, the real-time market information decision support center for oil, metals, agriculture and other commodities traders now offers Marine Bunker Exchange (MABUX) data thus extending its range of features to marine bunker industry professionals. AspectDSC is a product offering by Aspect Enterprise Solutions Enterprise Solutions, a leading global provider of multi-commodity data, trading and risk management (ETRM/CTRM) solutions delivered in the Cloud.

As part of Aspect’s ongoing commitment to continuous improvement of its solutions in response to new market and customer requirements, MABUX has been released to AspectDSC, which is widely deployed on desktop, Apple® iPhone®, Blackberry® and a vast range of other mobile devices used by global traders, brokerage companies and financial institutions as well as commodity producers, processors and dealers.

MABUX data for the spot bunker market covers over 350 major global ports with daily updates on indications as well as intraday futures based prices. These prices are available throughout the day, and historically for export, charting and analysis. MABUX spot prices combined with futures exchange prices, give market participants critical knowledge as to what’s happening in the oil market, what direction prices are headed. This is important for improving timing for buying or selling marine products such as gasoil and fuel oil. MABUX prices are updated continuously through the day, and available to AspectDSC subscribers.

“We are excited to partner with a market leader like Aspect Enterprise Solutions who is actively offering clients added data choices and pricing transparency. Our coverage provides a differentiating edge for traders in marine bunker markets to help lower costs, enhance trade performance and be more prepared in a volatile market,” commented Carl-Johan Garsten, Managing Director, MABUX.

Steve Hughes, Aspect Enterprise Solutions President and CEO, commented, “The inclusion of Marine Bunker Exchange is especially relevant to our customer base who can now have access to marine bunker fuel spot trading prices from over 350 ports worldwide – all through a single interface that can be customized to their exact needs. This further strengthens our bunker offering which includes our AspectCTRM Bunker Module which integrates with AspectDSC.”

AspectDSC brings together real-time and historical spot and futures prices and news from the most trusted market sources including Platts, CME Group, ICE, Dow Jones and others. Users can leverage these data sources with decision support tools found in AspectDSC to make quicker, more informed minute-by-minute financial decisions in fast-moving commodities.

Qualifying individuals are invited to request a complimentary 14-day trial of AspectDSC by registering here:
https://aspectenterprise.com/solutions/aspect_dsc/dsc_oil_trial.php

About Aspect Enterprise Solutions 

Aspect Enterprise Solutions is the leading global provider of web-based, multi-commodity trading, risk management and data management applications with more than 500 customers and thousands of users in 90 countries. It’s the only integrated, all-in-one platform delivered Software-as-a-Service (SaaS) in the Cloud, which enables rapid deployment, controlled costs and immediate ROI. Aspect Enterprise Solutions applications include AspectCTRM®, 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.

About Marine Bunker Exchange (MABUX)
Since 2001, Marine Bunker Exchange (MABUX)http://marinebunkerexchange.com/index.jsp is a leading provider of tailor-made information and data for the marine bunker industry worldwide as a one-stop source. It provides oil futures and spot bunker price information for operators, buyers, suppliers, brokers & traders, daily and weekly market analysis. MABUX data for the Spot Bunker Market covers over 350 ports with indications daily updated as well as intraday future-based prices for a number of well selected ports. In addition, MABUX holds a comprehensive directory of featuring suppliers, traders and brokers worldwide. MABUX reports all prices close to the actual market price by checking and inserting every single price manually before publishing to ensure accuracy.

Media Contact
Praveen Rao
AspectDSC Media
Aspect Enterprise Solutions
+44 (0) 207-7632-0193
prao@aspectenterprise.com

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