Eka Software Solutions had a successful stint during their exhibition at Global Grain 2008, a premier grain industry conference which was organized in Geneva, Switzerland. This event was attended by over 600 delegates , covering the entire grain commodity trading chain across the globe.
Eka Software Solutions had a successful stint during their exhibition at Global Grain 2008, a premier grain industry conference which was organized in Geneva, Switzerland. This event was attended by over 600 delegates , covering the entire grain commodity trading chain across the globe. Geneva is an important, highly strategic centre for Eka as most of our customers who are major players in multiple commodity trading have their presence here.
The conference covered key issues facing today’s industry such as the world grain outlook for 08/09, details of European export surpluses, Freight market predictions for 08/09, Economic and government influences for grain production in Eastern Europe, The “non- grain” influences in the market and how to deal with them, The service industry and their role for healthy grain trading and The grain futures market.
From our discussions with key personnel at the event, today’s economic climate and its influence on commodity prices is among the top most concerns. When commodity prices were soaring two years ago, organizations always have been wary that a boom is normally followed by a bust. However nobody really anticipated things would go so bad.
Industry leaders we met shared their thoughts about looking for solutions such as ours to comprehensively manage their entire trading operations. Eka CTRM for Agriculture has been designed to address the entire needs of different participants of the agriculture supply chain, from farmers to trading houses, elevators, distributors, processors, importers and exporters. Our solution covers the entire lifecycle of both physical and financial contracts, combining front, middle and back office functionality into a powerful, feature-rich system. The people behind this software, themselves come from a trading background , thus fully understand what most of these organizations go through on a daily basis and above all understand how important it is to effectively manage positions and risks in today’s volatile economic scenario.
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