Reports Analyst Briefing Note Aspect Enterprise Solutions | Page 3

While global markets for CTRM products prior to 2014 were relatively soft and some vendors in the space have seen year-over-year declines in revenue, Aspect has continued to grow and at a rate that places them in the upper echelons of their peer group in the vendor market. This above market performance is due, in part, to their origins and market gravity in the oil and oil products markets, one of the few bright spots in the CTRM markets over the last 2 years. Their cloud delivery model also provides access to various segments of the market (geographic - Africa, bottom tier, niche vertical markets, startups) that are less competitive and served by fewer vendors, but that are still growing as a result of new regulations and greater emphasis on risk management. Opportunities Growing adoption of the SaaS and hosted CTRM solutions market Data product clients present an opportunity for future sales of CTRM solutions New regulatory and more risk averse business environment driving demand for move to vendor solutions Focused on commodities and industry segments that are currently experiencing higher growth rates Risks Inability to execute on global growth and commodity coverage strategies, although the Aspect Partnership Program should help to mitigate this Success in opportunistically selling to top tiers of the market may not be sustainable Rapid growth could overstress organization, particularly in support and services delivery As with any privately held firm, funding to support future growth could be problematic ____________________________________________________________________________________________________________ About ComTech Analyst Briefing Notes Commodity Technology Advisory (ComTech) is the leading analyst organization covering the Energy and Commodity Trading and Risk Management (E/CTRM) technology markets. We provide invaluable insights, backed by primary research and years of experience, into the issues and trends affecting both the users and providers of the applications and services that are crucial for success in markets constantly roiled by globalization, regulation and innovation. ComTech Analyst Briefing Notes are intended only to provide an overview of a technology, vendor or product of interest in the Commodity Trading and Risk Management market space. These Notes are not an endorsement of any product or vendor and should be viewed only as an additional source of information or data relating to the covered topic. Disclosures: At the time of this writing, Aspect Enterprise Solutions is a customer of Commodity Technology Advisory and the company’s management cooperated in the preparation of this ComTech Analyst Briefing Note. ____________________________________________________________________________________________________________ 19901 Southwest Freeway Sugar Land TX 77479 [phone] Prague, Czech Republic [phone] ComTechAdvisory.com Email: [email protected] © Commodity Technology Advisory llc June 2014 3