Aspect Brand Strengthens In First Half Year Review
Following the last two years of record sales in the commodity trading and risk management software space, the first 6 months of 2017 have seen Aspectís bookings percentage see double digit growth, signing new business, and extending contracts with existing clients.
Aspectís new business through two quarters included new deals in the UAE, Athens and Estonia. AspectCTRM won over competitors on the back of its experienced pre-sales teams and its ability to show the growing strength of its Aspect brand, and how AspectCTRM can solve challenges in hedging, storage and logistics. Trade support for new clients includes LPG, crude oil and oil products for deals in the Far East, North Sea, Mediterranean and West Africa.
According to one new client, whose name is confidential, ďIt was Aspectís sales and presales teamís domain and market knowledge that really sold it for us. We plan to take advantage of market opportunities with AspectCTRM to support our growing LPG business. Aspectís OTC paper hedges and freight P&L functionality will play an important component in moving LPG around the world.Ē
Aspectís existing clients have expanded with additional licenses for more users, with almost $2.5M in new licenses by just three of its clients. Anglo American, its large metals trading client has extended further out with more users and additional years added to its contract, showing its satisfaction with Aspect.
Aspect also added to its trove of awards, with more recognition. At gala events in Houston and London, Aspect proudly accepted the Energy Risk award for top ETRM / CTRM Software. Aspect also received a second award being named number 1 Cloud CTRM solution globally through the Annual Energy Risk Rankings Report.
Aspect CIO Chetna Bhatia accepted on our behalf in London saying, ďIt was really special because we accepted the coveted industry awards with some of our clients including The Klesch Group, and Berkeley Energy.Ē
More information about this award can be found at these links:
Aspect also received two Game Changer Awards from Finance Monthly and ACQ5, more information can be seen here: https://gamechangersawards.finance-monthly.com/winners-publication/assets/basic-html/page-32.html