Mining Giant Anglo American Deploys AspectCTRM For Global Marketing & Trading Business

Aspect Enterprise Solutions, An ION Group Company, and Anglo American Marketing Limited, the marketing arm of one of the world’s biggest mining companies and largest producer of platinum, are engaged in a multi-million-dollar partnership. HOUSTON (PRWEB) MAY 15, 2018 Aspect Enterprise Solutions, An ION Group Company, and Anglo American Marketing Limited, the marketing arm of one of the world’s biggest mining companies and largest producer of platinum, are engaged in a multi-million-dollar partnership to replace existing in-house systems to support trading, hedging, operations and logistics across all Anglo American Marketing Limited’s commodities spanning precious metals, base metals, iron ore and coal. The system will be used to manage products throughout their supply chain from concentrates and ores through to refined metal. On top of a vastly lower total cost of ownership (TCO) and quicker go-live than Anglo’s previous vendor, Aspect was chosen for the proven strength of its risk management functionality and speed and performance of its in-memory database. This enables the calculation of all positions and P&L, both in real time during the day and when closing books at the end of the trading day. It takes just seconds in contrast to the multiple hours required by other solutions. Aspect’s… continue reading

Continue reading Mining Giant Anglo American Deploys AspectCTRM For Global Marketing & Trading Business. This article appeared first on CTRM Center.

Source: CTRM Center

Related Posts

Leave a reply