Aspect Enterprise Solutions (AES), a leading provider of software as a service (SaaS) trading and risk management solutions, today announced it has been positioned by Gartner, Inc. in the niche player quadrant of the “Magic Quadrant for Energy Trading and Risk Management Platforms” evaluation report published March 24, 2010 by Keith Harrison and David Furlonger. AES provides trading and risk solutions for organizations trading oil and related products. The company’s SaaS delivery model means user organizations need no software, no hardware and no IT expertise.
Welcoming the report’s findings AES chief executive officer Steve Hughes believes the positioning comes as a fitting conclusion to the company’s most successful year yet.
“We are delighted to be recognized in this way by Gartner and view our positioning as confirmation of our ability to consistently deliver perfect-fit solutions in record time to customers of all sizes across different specialisms”, said Hughes. “This year we are strengthening that capability still further with capabilities in the mid-office area and in dedicated solutions for the bunkering, jet fuel and other markets, building on the solid foundation of our core AspectDSC and AspectETRM offerings.”
About Aspect Enterprise Solutions
Aspect Enterprise Solutions provides enterprise class market information, trade and decision support tools for energy, metals and commodities professionals. The company delivers near real time position keeping, risk management, market prices and intelligence to users virtually anywhere, anytime. Trusted by over 500 corporations in more than 80 countries, the company's solutions routinely support more than $10Bn of transactions every day. They go live quicker, fit more exactly and deliver greater ROI yet cost far less to implement than first generation offerings. See http://www.aspectenterprise.com for more information.
About Gartner’s Magic Quadrant
The Magic Quadrant is copyrighted 2010 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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