AspectETRM, the fast-to-implement energy trade and risk management system, has been chosen by Geneva-based Lemvig Oil Trading SA for critical front and back office roles.
Lemvig Oil Trading specializes in trading and transportation of oil and oil-related products in Russia and the countries of the Confederation of Independent States.
The software-as-a-service (SaaS) system from Aspect Enterprise Solutions will initially give Lemvig’s trading team real time deal capture, position keeping, physical trade logging and reporting facilities. Later it will be expanded into back office and inventory management functions.