Global solutions provider, Aspect, helped to pioneer ETRM software delivered in the cloud 15 years ago. The company continues to add customers and functionality to its product and has successfully expanded into supporting metals and ags. The company had a bumper year in 2014 and seems set to replicate that in 2015. Joanna Finnigan, Product Management Director at Aspect, briefed me recently regarding recent product enhancements and overall product strategy. The company will release its new v. 15.1 release at the end of this month. A lot of Aspect’s recent efforts have gone into adding further support for metals with significant investment particularly in supporting concentrates. As the software is already used by a number of customers for refined base metals, it has significant LME-specific functionality, including support for calendars, the LME forward prompt structure and data uploads. However, Aspect has now added a range of additional functions specifically around concentrates including; • the ability to support moisture content and track wet and dry quantities, • the ability to capture and track multiple payable metals contained in the concentrate, allowing each metal to be valued & marked-to-market using a separate price curve & quotational periods, • support for anticipated assays … continue reading
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