Pick A Cloud, Any Cloud: Aspect Enterprise Solutions Unveils Flexible Cloud CTRM Hosting Strategy

September 21, 2015

Leading cloud CTRM vendor Aspect Enterprise Solutions today reveals its innovative Any Cloud strategy, signposting the company’s future direction in the market for commodity trade and risk management applications hosted in the cloud.

Currently Aspect Enterprise Solutions solutions are available as either Aspect-hosted software-as-a-service (SaaS) or hosted in user organizations’ own private clouds. Soon support will be added for a third hosting option, public cloud, which employs third party cloud providers such as Amazon, Microsoft and Google.

Now Aspect’s Any Cloud vision will take this one step further by giving customers themselves the choice of where their CTRM platform is hosted, where their data is stored, and who manages their operations.

The advance comes as user organizations increasingly are expecting greater choice of who provides and manages their IT services, of where and how those services are hosted, how the risk vs. cost equation is balanced, the level of security afforded and the ease of integration with other applications and services.

Aspect Enterprise Solutions also plans to provide organizations with the automated tools required to operate and run these hybrid cloud environments, acknowledging the new discipline of DevOps which merges software development and infrastructure operations skills and where infrastructure effectively becomes code.

Once moved into Any Cloud customers will have the freedom to migrate between whichever cloud environment they choose, whenever they want, while selecting the level of security and the services appropriate to their business. They will also have more control over when software maintenance and updates take place.

The Any Cloud initiative is made possible by Aspect’s unique designed-for-the-cloud, built-for-the-cloud architecture. Unlike other cloud ETRM and CTRM offerings that are developments of legacy technologies and rooted in packaged software and client/server models, Aspect’s was made expressly for the cloud from day one when the company launched 15 years ago.

“We think our customers are the ones best placed to make proper, informed decisions about how they square the circle of speed to market, risk and cost, says Aspect Enterprise Solutions CEO Steve Hughes. “That’s why with Any Cloud we’ll be giving them the power to make these decisions for themselves, and change them if necessary, rather than force them down a single cloud route.

“We’ve chosen to reveal Any Cloud today since we want trading firms to know that with Aspect Enterprise Solutions their CTRM options are, and will always be, open.”

About Aspect

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).

Media Contact

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