At a gala event in Houston last night, before a packed house of oil, gas and power industry professionals, Energy Risk named Aspect the ETRM/CTRM Software House of The Year for 2017. In a competitive category of recognized software vendors, Aspect’s story in the industry resonated with judges to bring home the coveted award.
Visit the energy risk website for more here http://www.risk.net/awards/5210856/etrmctrm-software-house-of-the-year-aspect.
Aspect’s rise to the top of the industry started 17 years ago as the only web-based software company selling trade and risk management tools for energy companies. 17 years later, Aspect is not only the top cloud company, but the top ETRM / CTRM solution provider in the business, including software and cloud companies, with clients of all sizes in the oil, metals, biofuels, coal, LPG and petrochemical sectors.
Aspect gained traction in the early years focusing on small to mid-size companies where traditional software vendors could not scale down their large, high-cost, long-term consultancy projects that are required for software deployments. Aspect’s Software-as-a-Service (SaaS) subscription model worked for the mid-market, and helped many trading firms replace spreadsheets with AspectCTRM. It gave companies of all sizes a professional trade, risk, and operations suite to run trading operations. As cloud solutions took hold in all industries, Aspect’s business took off – growing faster than other providers, and adding some of the largest trading houses in the world to its client list.
In previous years, Aspect has won the same award for Asia and many other prestigious awards, but this is the first time bringing home the Energy Risk award for Americas and Europe.
Aspect’s Managing Director for the Americas, Sheshieda Davis, accepted the award on behalf of Aspect along with her Houston team, and stated, “This means a lot to us here in Houston, and across the world. Aspect has been growing every year. Last night was really special because we accepted it with some of our clients from Unipec, Hess and Texas Southern University here at the event sharing in the moment.”
Aspect 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 subscription fees, and immediate ROI for all size companies. AspectCTRM is its flagship product featuring a functionally rich, modular front, middle and back office suite available in Lite, Standard and Enterprise Editions. Aspect is the only ETRM/CTRM solutions provider with pre-trade market data and analytics tools delivered with its trade and risk functions on the same platform. Aspect’s solutions are available on desktop, tablets and mobile devices.