Case Study: Eminent Energy achieves scalable growth and lower total cost of ownership with ION Aspect

Eminent Energy lays foundation for growth with Aspect

Eminent Energy, a Cyprus-based trader of crude oil and oil products across the CIS, Africa, the Middle East and South America, needed a scalable, reliable trade and risk management platform to support ambitious growth plans. To replace an inflexible, hard-to-maintain legacy CTRM, Eminent Energy selected ION’s Aspect (with AspectDSC) to provide a modern foundation for expanding marketing, distribution and storage activities.

ION implemented Aspect and AspectDSC to deliver real-time deal capture, position keeping, mark-to-market, and integrated pricing and analytics, all tied into Eminent’s Sun accounting system with no extra hardware or IT resources required. The solution improved P&L and risk transparency, centralized trade documentation for easier audits, helped secure credit lines, and lowered total cost of ownership compared with Eminent’s previous CTRM, enabling traders to act faster and management to monitor exposure with confidence.

Eminent Energy