Aspect continues to build market momentum

We visited this week with Aspect to get an update on some of their recent activities and developments as the company (which started as OILSpace) marks its 15th year in delivering cloud-based solutions to the energy and commodity trading markets.  Brigette Gebhard, the company’s VP of sales and marketing, noted that Aspect has signed a record number of customers this year for their trading and risk management solution, AsepectCTRM and continues to see the size of those deals increasing. Though the company’s products have traditionally been thought of as solutions for small to mid-size commodity traders, over the last few years Aspect has made significant investment in expanding the functional footprint of AspectCTRM.  These new capabilities, combined with a growing market awareness of the company and its products, has seen Aspect now competing for, and winning, a number of deals in the upper-tier of the market, and across all major geographic markets, including the US, Europe and the AsiaPac region. With a record number of new global-scale customers signed this year, Aspect is now competing with head-to-head with the largest vendors in the space. Among the wins this year are a couple of global chemicals manufacturers/marketers and several regional and … continue reading

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