Quite A Day For CTRM News
Triple Point announced that Hess Corporation has selected its Commodity XL for Oil(TM) product to manage its supply, trading, risk, and logistics for crude oil and refined products. Meanwhile, Brady also announced that it had signed The Mitsubishi Corporation, Tokyo, in 2009 to extend the use of Brady’s trading and risk technology to include all of the corporation’s global trading of both physical and derivative precious metals. Finally Aspect Enterprise also announced a year of record sales and profits during 2009 mark the start of 2010 – its 10th anniversary year. Among its sales in 2009 was a major contract from a multinational group which chose AES’ AspectETRM solution initially for its petroleum desk in London, then rolled it out in the US and the Far East before adding metals trading at the year end. Other signings included companies in Malaysia, Singapore and Switzerland, together with 4 in the rapidly expanding West African market. There was also significant new business from bunkering companies in Asia and Germany.
