The outlook for the world’s oil markets according to Dow Jones is to be the subject of the keynote presentation at the inaugural Aspect Enterprise Solutions (AES) User Group at the Institute of Directors in London, November 9, 2010.
AES solutions enable traders and others involved in the markets for commodities to make faster, better informed, less risky decisions, and to buy and sell efficiently over a robust safety net of regulatory and accounting audit trails. With more than 500 companies across the world using its software-as-a-service (SaaS) solutions, AES is anticipating users from traders in petrochemical, agricultural commodities and metals to specialists in bunkering and aviation.
The event will take the form of two streams, and centre on presentations by users, to users. Said AES marketing manager Jane Pryce-Jones, “This is a user group in its purest form. We see our role as a facilitator, providing the stimulus and the environment. After the plenary session presentation by Leia Parker of Dow Jones, we will split into two streams – one for delegates using our decision support solution, and the other for those with deployments of our trading and risk management solution. There will be short corporate presentations on the roadmaps for the two solutions, but otherwise it’s going to be the users’ day - an opportunity for them to tell their own stories and to learn from each other.”
AES offers two core SaaS solutions. AspectDSC supports trading decisions with real-time market information delivered direct to virtually any browser-equipped mobile or static devices from desktop PCs to iPads and Blackberrys. AspectCTRM is a complete front-to-back-office trading and risk management solution that, too, is delivered over the Web via any browser.
Increasing numbers of major global trading houses are moving from legacy enterprise software to Web-based solutions, keen to cut costs and benefit from the greater flexibility that the SaaS approach enables. Meanwhile mid-market houses that previously relied on spreadsheets to capture trades are adopting AspectCTRM because of its low entry costs and remarkable speed of implementation.