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Aspect Enterprise Solutions, provider of multi-commodity trading and risk management Software-as-a-Service (Saas) applications delivered in the Cloud, will underscore the core business strengths of its solutions during London International Petroleum (IP) Week, February 20-23.

During three days of events at its central London offices, Aspect will demonstrate to visitors how adopting Cloud-based applications is not only quicker and more cost effective, but can also enhance reliability, security and ease of integration over less flexible in-house client/server systems.

“Business organizations increasingly acknowledge that the Cloud offers speed of implementation and low cost. We’re going to show that, properly implemented it gives nothing away to client/server in terms of availability, compliance, confidentiality and interoperability,” explains Aspect CEO Steve Hughes. “The Cloud is more than moving to a new architecture, and just being about convenience. It’s about enabling real competitive edge, moving the business forward and driving profitability too.”

Using customer examples, Aspect will demonstrate how its solutions have unified multiple disparate business applications and processes at one major energy firm, saving time and revolutionizing the reporting of real-time management information. In another example Aspect will highlight the seamless integration of its ETRM / CTRM solution with SAP’s enterprise resource planning software, avoiding hours of data rekeying and eliminating potential errors while preserving the customer’s exacting standards for data security.

Aspect will also highlight its new Cloud-based physical operations functionality, extending the reach of its applications into oil storage and supply chains and making Aspect the first vendor to offer true end-to-end processing for oil trading firms, reducing their risk and exposure and helping increase profitability.

“Corporations now routinely trust the Cloud for a whole range of business critical applications from their banking to their entire telephone system. During IP Week we aim to show trading companies how the Cloud cannot just support, but energize and help grow their business,” adds Hughes.

Commodities trading professionals are invited to request an appointment during this week at http://www.aspectenterprise.com/solutions/aspect_ctrm/ipweek_1202.php.