ION Aspect
6 Case Studies
A ION Aspect Case Study
Mitsubishi Corporation’s Singapore-based energy trading arm faced rapidly growing trading volumes that were overloading spreadsheet-based processes, creating operational risk and a need for real-time deal capture, risk management and global visibility for 24+ traders across Singapore, Tokyo, London and Houston. To address this, Mitsubishi turned to ION Aspect and its cloud-based AspectCTRM platform.
ION Aspect deployed AspectCTRM across all four trading locations as a SaaS solution, replacing spreadsheets and enabling real-time deal capture, position keeping and physical supply-chain management; traders fully migrated in four weeks after a short trial. The implementation reduced clerical workload, improved position accuracy and risk transparency, and supported business growth — Mitsubishi increased its contract value with ION Aspect by 24% in 2014 and expanded user coverage and operational reporting.
Robert (Tony) Nunan
Risk Management Director