Switzerland-based agricultural/softs trading firm Soyuz Commodities SA is deploying the AspectCTRM trading and risk management platform from Aspect Enterprise Solutions in a major deal announced today. The contract marks yet one more significant win for Aspect in the broader commodities sector.
Principally trading in grains and oilseeds, Soyuz, with headquarters in Lausanne, has a developing international presence including facilities at key Black Sea ports and an expanding infrastructure in the Russian Far East. The company anticipates significant growth in the future.
Aspect’s experience and track record in managing rail car movements played an important part in its selection by Soyuz, as did the softs functionality included as standard with its CTRM/ETRM solution. This functionality is teamed with analytics and key market data including NYMEX, CBOT, Dow Jones AgriWire and Forex data.
AspectCTRM is the company’s multi-commodity trading and risk management solution based on Software-as-a-Service (SaaS) architecture and delivered in the Cloud. It provides comprehensive real-time position keeping, P&L, market risk analysis, shipping and financial operations functionality through a series of flexible modules. The SaaS foundation means Aspect’s systems are fast to deploy, easy to support and ensure all users - irrespective of location or time zone - work with live data in real time.
“We like the way Aspect’s proven technology has so thoroughly embraced agriculture and softs, a business which traditionally is characterized by distinctive supply and demand cycles and consequently faster changing prices.” says Soyuz trade finance officer Irina Bugdaeva.
About Aspect Enterprise Solutions
Aspect Enterprise Solutions
www.aspectenterprise.com is a leading global provider of Web-based, multi-commodity trading, risk management and data analysis applications with almost 500 customers and thousands of users in 90 countries. The Aspect family is the only integrated, all-in-one platform delivered as Software-as-a-Service (SaaS) in the Cloud, which enables rapid deployment, controlled costs and immediate ROI.
Applications include AspectCTRM®, a full-featured commodity trading and risk management enterprise suite for front, middle and back office. It’s available in three editions: Lite, Standard and Enterprise, seamlessly expanding in functionality according to the needs and budgets of clients. AspectDSC is the decision support center for traders offering oil, metals and agricultural market news, prices, futures and analytical tools on desktops and mobile devices including Apple® iPhone® and iPad®, and BlackBerry. AspectPM is the Price Manager solution which provides consolidation and support for the global oil price forecasting process and forward curve management.