AspectCTRM Simplicity And Cloud Architecture Nets Swiss Petroleum Trader Netsa
October 5, 2016
Scoring yet another new customer win against traditional software vendors, Aspect Enterprise Solutions has inked a deal with the Swiss trading company Netsa for its CTRM cloud trade and risk management solution. The contract comes three quarters of the way through Aspect’s most successful year yet and further underscores the decisive market lead of cloud over client/server in the dynamic CTRM space.
Netsa chose Aspect’s solution for its ease of configuration and use, and its cloud architecture. Cloud solutions, with their infrastructure-free and IT resource-free deployment are ideally suited to distributed businesses such as Netsa.
Netsa trades petroleum distillates and biofuels throughout the US, north east Asia and the European Union. While being a newly established company its international team of specialists have been working in the field for years. They were chosen for their ability to analyse and understand industry trends across the global market in energy commodities, then apply that knowledge to identifying future opportunities. Through its many trusted relationships with suppliers and refiners it has quickly become one of the world’s strongest in its field.
“We chose Aspect Enterprise Solutions because we wanted a simple solution. Our team looked at what was available and Aspect Enterprise Solutions looked ideal for its short learning curve and its low impact on our business,” said Netsa CEO Walter Trimboli. “More to the point we didn’t want to be grounded around servers, networks and hardware. Aspect Enterprise Solutions has moved us away from all that.”
Aspect Enterprise Solutions is a leading global provider of multi-commodity trade, risk and operations management applications delivered Software-as-a-Service (SaaS) in the cloud. With almost 500 customers in 90 countries, it’s one of the fastest growing providers with rapid deployment, affordable subscriptions, and immediate ROI for all size companies. Solutions 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, expanding in functionality according to the needs and budgets of clients. Aspect Enterprise Solutions is the only ETRM/CTRM solutions provider with market data and analytics tools delivered with its trade and risk functions on the same platform. This provides users with a seamless packaged solution beginning with pre-trade pricing analysis and market assessments via AspectDSC. Aspect Enterprise Solutions’s solutions are available on desktop, tablets and mobile devices and through its new Aspect Enterprise Solutions Partner Program (APP).