Singapore, x,
Singapore
Principia-Consulting
Principia-Consulting, a prominent reseller, system integrator, and consulting company, that plays a vital role in numerous system integration and digital transformation initiatives. Principia-Consulting collaboration with software players such as ION Investment Group empowers organizations to embrace disruptive technologies and accelerate their journey to the cloud, thus reshaping their business models.
| Reseller and SI | Vendor | Application | Category | Market |
|---|---|---|---|---|
| Principia-Consulting | ION Investment Group | ION Aspect CTRM | CTRM | TRM |
| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Product | Category | When | Insight |
|---|---|---|---|---|---|---|---|---|---|---|
|
|
Elemental Group | Oil, Gas and Chemicals | 200 | $21M | Luxembourg | ION Investment Group | ION Aspect CTRM | CTRM | 2024 |
In 2024, Elemental Group implemented ION Aspect CTRM to power its metals, battery, and commodities trading business. The deployment targeted Elemental's trading, risk, and operations functions to support multi commodity trading across metals, battery materials, tolling, and platinum group metals, aligning the CTRM with the company's role in sourcing, refining, and recycling strategic metals.
The ION Aspect CTRM implementation leverages Aspect's metals solution capabilities including real time P&L monitoring, integrated trading and operations workflows, consolidated data visibility across trading, risk, and settlement, and risk management features such as VaR and stress testing. Configuration emphasized multi commodity position keeping, portfolio diversification support, and workflow orchestration to reduce manual processes and simplify decision making while supporting end to end metals account settlement.
Principia Consulting served as the system integrator, working closely with ION Commodities and Elemental to execute a fast and efficient deployment using Aspect's pre configured metals specific capabilities to address the platinum group metals supply chain from origination through smelting and refining to settlement. Operational coverage included Elemental's trading desk, risk management team, and operations sites, and aligned system feeds and process handoffs for a unified CTRM platform across the group's global footprint which spans over 35 countries.
Governance centered on joint delivery and process standardization between Elemental, ION, and Principia Consulting, enabling rapid onboarding and user adoption to access the full functionality of ION Aspect CTRM in record time. As described by the parties, the deployment positions Elemental to optimize trading processes, enhance visibility into market opportunities, and manage risk across its diverse metals and battery materials portfolio.
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