The CTRM Blog

I spoke with Steven Hughes, CEO of Aspect Enterprise Solutions, this morning and took a full briefing from him. AES, he tells me, now has over 100 staff and over 500 customer companies in 91 countries. Of course, many of these are for the AES market data product but AES can now boast over 30 CTRM customers too. Hughes also said that the vast majority of those were signed in the last 18-months! He told me an interesting story that I’m betting is truly a record for CTRM software implementation… that an African company signed up for AspectCTRM at 10:15am UK time and were up and running using the software in anger by 3pm the same day….. The point he was making was that as the emerging leader in CTRM software on a SaaS-basis, one of their competitive differentiators is speed and cost of implementation.

In an announcement issued yesterday, aspect Enterprise Solutions (AES) affirmed its movement from ETRM to CTRM. AES have extended its products coverage from just oil to include natural gas, marine fuels, biofuels, coal, emissions, metals, steel, agriculture and softs over the last 10-years according to the announcement. It also announced the appointment of Rob Hamilton as global sales director for metals trading and risk management. Hamilton was apparently previously with Brady PLC.