Customers: Aspect Enterprise Solutions Powers Commodity Trading &
Risk Management Around the World

Ambrian Energy focuses on biofuels derived from renewable or reprocessed raw materials, with customers throughout Europe. Following an acquisition, Ambrian Energy had to hit the ground running and be fully operational quickly. That meant deploying a trade/risk management solution virtually overnight that traders could use straight away. Within two days of inking a contract with Aspect Enterprise Solutions, Ambrian Energy had a complete trade/risk management solution delivered, implemented and configured via Aspect Enterprise Solutions’s Software-as-a-Service architecture.

Discover how one of South East Asia’s leaders in trading of crude oil and refined products was able to save from its previous system and deploy in just 3 weeks with year-end reports being run quickly and accurately. Concord replaced its existing system, which was from a competing vendor with traditional software and associated costs. Concord chose AspectCTRM after recommendations from other Aspect Enterprise Solutions users, and the benefits of the change very soon became apparent.

Cypriot-based Eminent Energy predominantly trades crude oil and oil products in the CIS, Africa, Middle East and South America. The company has ambitious growth plans amid world market expectations for an increase in demand for energy over the next 25 years. To help position for growth, Eminent intends to expand its core trade and risk management systems too, having replaced an inflexible and earlier legacy solution with Aspect’s Software-as-a-Service AspectCTRM which readily supports any-to-many scalability.

This Singapore-based energy trading arm of the giant Japanese-owned, $74Bn Mitsubishi Corporation, needed a system to manage its trade risk with full support for its Singapore team, and visibility from its Tokyo, London and New York offices. Deployed across all four Mitsubishi trading locations, AspectCTRM has replaced a spreadsheet-based system that was beginning to crack under the pressure of a mounting number of trades. Plus, with AspectCTRM’s cloud-based deployment, traders were able to fully migrate from spreadsheets in just four weeks.

With strong environmental credentials, Orka specializes in transforming waste oils and residues into marketable and sustainable biofuels which it sells throughout Europe. A more recent and increasing area of focus for Orka is the growing world market for aluminum, zinc and other base metals as lightweight, high-strength alternatives to steel. Fully deployed within just one week, AspectCTRM was a hit with the company’s traders who were able to use it almost immediately.