Aspect Enterprise Solutions Signs Latest West African CTRM Customer To Commodity Trade And Risk Suite

March 27, 2013

Aspect Enterprise Solutions, a leading provider of multi-commodity trading, risk management and operations management ETRM/CTRM Software-as-a-Service (SaaS) applications delivered in the Cloud, today announced that Hask Oil from Ghana had become its latest customer in West Africa. Aspect’s Cloud solutions are now used by more than 55 trading companies, and hundreds of users in the region.

Hask is deploying the AspectCTRM solution which, in addition to a powerful set of deal capture, inventory management and trade and risk management tools also includes a number of custom developed modules designed for local market conditions. These were one of the deciding factors in the selection of AspectCTRM as Hask’s director of operations Esther Amponsah explains.

“To keep our business competitive in what is a highly active market it is vitally important that we can see our trading position, at a glance, at any time during the day,” she says. “AspectCTRM does all this but goes even further with customized functionality exclusively for Ghanian users, for example a pricing window that includes subsidies unique to the market here. Aspect Enterprise Solutions has really thought this out and there’s no doubt their software gives us an edge.”

Hask is a relatively new entrant to the market in Ghana, trading in oil products and also involved in storage and distribution. Welcoming the firm as Aspect’s latest customer in the region, EMEA sales director Yags Savania said it was further proof of Aspect’s lead in the market.

“Building on our success with other dynamic trading companies in West Africa, AspectCTRM is now the first choice for trade and risk management throughout the region and, we believe, has more seats with more companies than any other comparable solution. Users particularly like the custom functionality they have at their fingertips which makes their jobs easier and more productive.”

About Aspect Enterprise Solutions 

Aspect Enterprise Solutions Enterprise Solutions is a leading global provider of Web-based, multi-commodity trading, risk management and data analysis applications with almost 500 customers and thousands of users in 90 countries. The Aspect Enterprise Solutions 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.

Media Contact
Brigette Gebhard
Aspect Enterprise Solutions
+1 347-328-0396