10.293.2016 - Traditional CTRM/ETRM Vendors Hurting As Perfect Storm Hits Industry, Claims Aspect

Traditional trade and risk management software vendors in the commodity and energy trading sectors are taking a battering from a perfect storm of dwindling sales, customer abandonment and better, lower cost solutions. That’s the view from cloud vendor Aspect as it continues to take large enterprise business away from the industry heavyweights that once called the market their own.Aspect’s claim follows a series of missed revenue targets, profit warnings, workforce layoffs, downsized development teams, senior... Source: RealWire - View Press Release