EKA Software Solutions: Commodity Trading made Easy
Date: Wednesday , November 02, 2011
Complexity, uncertainty and high degree of risk makes commodity market a very rough terrain for the players in there. The companies that buy, sell and trade commodities can tackle these challenges by deploying the right technology that can help them keep a track of and manage their physical commodity positions and total financial exposure on a real-time basis. This is where Eka Software steps in. The company's Commodity Trading and Risk Management (CTRM) Software enables trading firms to run efficient operations while minimizing their exposure to the transactional and financial risks associated with buying or selling physical material.
Founded by Manav Garg in 2004, Eka Software is headquartered in Norwalk, Connecticut, with offices in Australia, UK and India. “We see ourselves as partners in our customer’s growth, working with them to improve operational control, increase profitability, accelerate growth and manage risks and exposures,” says Garg, who is also the CEO of the company. Today, the company is well known as a world class provider of software, for managing physical trading, position, P&L, risk, logistics and finance operations for agriculture, metals and energy markets.
It has a 220 plus member strong team that caters to clients across a cross-section of commodities, segments and sizes. The team comprises of domain consultants, product specialists and technical experts. The company management believes that maximum possible value to their customers is not limited to the products and services they provides, but extends to the quality of their engagement and the nature of the relationships they create. This belief and understanding has been the backbone of the company in its journey so far and it seems to be determined to keep on following this motto in the future as well.
Some of the happy customers of the company include AWB, Boliden, CBH, CHS, Gavilon, Graincorp, Hindalco, LouisDreyfus, Noble Group, Superior Essex and Traxys. With the right motto, attitude, technology, approach and happy customers, Eka is sure to gain more heights in the future.