Here at Aspect we’re enjoying more success in our 16th year in business. Following last year’s record sales, this year’s first 6 months is even better. We’ve booked more than $7M in new business, an increase of 127% over the same period in 2015. See my previous blog covering 2015 sales here http://blog.aspectenterprise.com/blog/2015-year-in-review-aspect-enjoys-success .
Crude oil is a staple financial instrument for hedgers, traders and investors around the globe and one of the most significant resources in the world. Keeping up with crude markets requires a keen attention to detail as well as patience in what is typically an unpredictable industry.
Topics: Oil Markets
Trading companies of all sizes benefit from an energy and commodities trade and risk management solution. The problem has been, that these solutions have not always been affordable to smaller and mid-size companies. But with the overwhelming use of cloud solutions across industries now in play, which do not require up front capital or investments in teams of resources to manage the infrastructure -- access to a professional trade and risk solution is possible for just about any size company. Systems like these are important for managing risk, supply chain activities, gaining credit from banks, and for regulatory compliance. When selecting a commodity or energy trade and risk management solution, there are many questions you should consider, and here are just a few.
“Time is Precious” is an expression that applies to traders more than the average person. As an energy or commodity trader, your daily routine involves making important decisions based on up-to-the second market pricing data, news and historical statistics. There is no time to waste when financial results depend on decisions based on immediate market prices.
With AspectDSC, commodity traders from all over the globe and companies of all sizes can access a wide range of oil prices, metal prices, natural gas prices, agriculture and biofuels prices, bunker market information and more from leading exchanges and news sources through their desktop, tablet and mobile devices. We host our services in state-of-the-art data centers enabling us to offer ultra-low latency for high-speed transactions. With AspectDSC, you can access live, tick-by-tick futures anywhere, anytime.
Check out these links for more information. You'll be persuaded to take a closer look into why companies trading multiple commodities are logging into Aspect Cloud solutions:
The 2016 CTRM Vendor Perception Study is being conducted by leading E/CTRM analyst Commodity Technology Advisory (ComTech Advisory). This valuable report will be published from research from this survey and other analysis, and will be made available for free download and on-line viewing via the CTRMCenter.com and ComTech Advisory’s website.
International Petroleum Week (IP Week) is perhaps the largest annual international oil and gas event drawing teams of commodity and energy specialists from around the globe to the streets of London in search of new business relationships, new clients, opportunities with colleagues and partners, and to learn about the industry’s future.
Topics: Oil Markets
By Amanda Rayborn and Luciano Battistini, Platts
Record US crude oil inventory levels in 2015 reminds us of a pig crossing paths with a python. The pig is consumed by the snake, bulging in the reptile’s stomach as it goes through the digestive process, and is a handy parable for oil markets.
Topics: Oil Markets
As the New Year begins and we put 15 years behind us, we stop to think about the challenges we’ve overcome, new software and technology we’ve developed and shared, new customers we’re proud to welcome, and existing customers who have expanded their commitment. In all, new business totaled more than $9.6M in new software contracts at a 71% increase over last year.
Gasoline prices in Nigeria have reached a watershed moment. The weakening international markets mean that the cost of importing fuel has dropped below the regulated gasoline price, meaning that, in effect, Nigerian consumers are paying above the market to fill their cars.
Everyone views the world through their own prism. This is true of commodity traders, depending, on which commodity they’re trading, the company’s size and their commercial strategy.
Topics: Metals Trading