InterChem closes cloud CTRM deal with Aspect
Published by Rosalie Starling,
Editor - Hydrocarbon Engineering
Hydrocarbon Engineering,
The independent global petroleum and petrochemicals trader InterChem has chosen the AspectCTRM cloud trade and risk management solution to support activities at its London, Rotterdam, Houston and Singapore offices. Based entirely in the cloud and not grounded around on-premises servers or networks, the AspectCTRM platform is perfectly positioned for companies working out of multiple locations.
The InterChem deal comes at a time when traditional client-server CTRM vendors are consistently losing deals to more agile cloud vendors. Cloud solutions can typically be implemented and working within just a few weeks. Conversely, client-server alternatives can take many months or even years to fully deploy.
InterChem is a trusted partner to many oil majors, trading houses and end user organisations. It crafts custom solutions to their storage, shipping, blending, financing and related needs across a very wide range of petroleum products and petrochemicals.
Run by a seasoned team of trading professionals, each of them having more than 30 years sector experience, InterChem possesses in-depth market knowledge. Combining this expertise with strategically located blending, processing, storage and logistics facilities, InterChem is uniquely capable in its field.
AspectCTRM’s architecture is expressly designed for the cloud and built for the cloud. Its inherent any to many scalability, simplified integration with third party systems and simple upgrade path make it ideal for companies of all sizes.
Read the article online at: https://www.hydrocarbonengineering.com/petrochemicals/04112016/interchem-closes-cloud-ctrm-deal-with-aspect/
You might also like
Hydrocarbon Engineering Podcast
Mike Logue, Owens Corning Global Business Director – Mechanical Insulation, delves into factors that can support the performance, safety and longevity of insulating systems installed in hydrocarbon processing environments, including cryogenic facilities.
Duqm refinery enhances sulfur processing with IPCO technology
Duqm Refinery has installed three IPCO SG20 drum granulators to process sulfur efficiently and meet SUDIC standards. The advanced system offers high capacity, reduced emissions, and consistent product quality, addressing common challenges in traditional drum granulation with innovative features and simplified, continuous operation.
