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Oil Trade, Risk And Supply Chain Management Cloud Solution Provider Aspect Reveals Plans For London IP Week 2014

After a year of industry awards, top ratings from analyst firms and still more success in the com-modity trade and risk management market (CTRM) market, Aspect Enterprise Solutions is to host special customer and industry meetings in London during International Petroleum (IP) Week, 17th to 21st February. The vendor will preview yet to be announced new features across its range, demonstrate a new railcar capability and share operational tips and best practice with users.

Aspect is throwing open its central London offices for the duration and hosting its 5th and it believes best IP Week so far. As well as demonstrating the entire AspectCTRM suite of Web-based P&L, trade, risk and operations management solutions the company will underscore the particular importance to traders of storage, inventory and railcar management in 2014 as available pipeline capacity diminishes in North America.

With Aspect’s Cloud solutions taking an increasing share of the multi commodities market the firm will explain why having market data, analytics and trade decision tools on a single common plat-form, and across all devices and all locations makes business and financial sense. Aspect will also demonstrate how its CTRM solutions can deliver considerable savings in capital and operational costs. Its competitive price, quick deployment, and powerful features are welcome to its almost 500 clients globally, including more than 70 companies in Africa.

IP Week will also feature the AspectDSC market data and analytics solution. Hints and tips ses-sions will provide inside information on charting, the Real-Time Data Excel tool for market tracking, configuring custom templates and adding real-time pricing and news. These sessions will reinforce the successful monthly Power Hours program of free e-learning Webcasts begun in mid 2013.

“Against industry trends we’re seeing continuing and enthusiastic adoption of Aspect’s trading in the Cloud model by customers who recognize its potential as a key contributor to their success,” says the company ’s CEO Steve Hughes. “Larger companies in particular appreciate how easy it is to migrate to Aspect’s platform which is why it is replacing legacy solutions at more and more big multinationals and why we consistently win new implementations against more traditional software vendors.”

The claims are borne out in a study by industry analyst Commodity Technology Advisory. A survey by the firm last month revealed that of all Cloud CTRM suppliers Aspect is recognized as market leader and also the most well known of all the 16 vendors cited by respondents.

Mixing a little pleasure into the week of business Aspect is running a special cocktail and hors d ’ oeuvres evening on Wednesday 19th. It will, the company says, be a welcome chance for visitors to unwind for a few hours and mix with peers, colleagues and Aspect staff.

Trading professionals wishing to attend Aspect during IP Week, free of charge, should register be-forehand.