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

27 March 2013

Aspect Enterprise Solutions, a leading provider of multi-commodity trading, risk management and operations management Software-as-a-Service (SaaS) applications delivered in the Cloud, today announced that Hask Oil, Ghana had become its latest customer in West Africa. Aspect’s software 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 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.”

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