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Eka Commodity Trade and Risk Management [CTRM] software is an advanced solution for commodity trading houses to manage the complete flow of physical and financial commodity contracts. The multi-commodity solution incorporates requirements across different commodity groups, and addresses the requirement of reporting across corporate hierarchy structures and profit centers. It streamlines operations, provides multi-dimensional visibility on your position, P&L and risk profile, and provides tools to supports decision making and reduce time-to-market.
The solution works with you in managing the constant pressures thrown up on a daily basis in the world of commodities – movements and volatility in commodity prices, structural changes in demand and supply, pressures on growth and profitability, operational issues and availability of information, or compliance with government regulation and accounting. It ensures that data is shared across the organization in real time, there is complete operational visibility on all aspects of physical position, derivatives and P&L, and information required for managers to take immediate and long-term decisions is available quickly conveniently.
Trade capture is quick and convenient, and positions built up in real time, with the facility to slice & dice data for understanding and analysis. Purchases and sales can be split and allocated based on market requirements, balancing flexibility with control over your trading operations. Logistics operations are completely streamlined, with comprehensive functionality to track cargo statuses, weights and costs, documentation needs and organizing storage in warehouses. All information is always in real-time, so you can be confident that decisions are based on always updated and correct information. For instance, let us say you spot a sudden movement in the market and want to know how much to hedge, or switch. Eka’s gives you a real-time consolidated view of your combined physicals and derivatives position. Armed with the necessary facts, you are ready to take action. Moreover, the moment you do so, on either the physicals or the futures, your overall position is impacted immediately, letting you see the results in real time.
Derivative transactions can be recorded for both hedging and speculative purposes, and hedges linked to physical contracts. Unpriced and open positions, exposures to counterparties as well as unhedged positions are visible in real-time, allowing you to control risks and prevent losses by taking necessary actions. Mark-to-market and P &L calculations on both physicals and derivatives are stored on a daily basis. So, at any point of time, you can do a historical analysis and compare P&L and position between any two dates, isolate factors that resulted in the change, and take appropriate actions to replicate successful strategies and isolate others.
All information is easily integrated with your other packages (accounting, master databases, ERP, etc), made possible by Eka’s integration layer. This ensures that your valuable data is shared across the company, eliminating any duplication of effort and supporting decision making at all levels.
EKA’s CTRM solution has been deployed successfully by global trading and processing organizations, helping them to effectively manage risks while bringing operational efficiency in day-to-day operations.
To learn about how Eka can add value to your operations, click here or write to us at demo@ekaplus.com.
Physical Contract Management
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Manage long-term agreements, spot purchases and sales with various pricing methods – fixed, differential or quality based premiums and discounts.
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Incorporates industry specific requirements such as handling of multiple grades across multiple origins, product ratios for cocoa products, polarization premiums/discounts in sugar, etc.
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Comprehensive contract allocation management.
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Forward & Backward integration with supply chain partners: Grower portal for Grains origination business
Futures and Options
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Helps you identify and manage price risk.
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Derivative trades of types EFP, speculative, arbitrage & switches, and track strategies.
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Hedges can be allocated to physicals, and partial or final price fixation confirmations generated automatically.
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You can close-out trades, perform reconciliations with broker statements, and track commissions.
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Quick view of Net open positions, Variation Margins, Expenses on Futures & Options
Position Management
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One view of Real-time position visibility across physicals, derivatives and combined physicals derivatives allows you to identify exposures and take appropriate actions, while currency risk is managed through forwards that are available on the mobile phones and iPads as well.
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Capture, measure and report transactions in real time giving a complete transparent view of physical & financial positions and exposures.
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Track Position changes on a daily, weekly & Monthly basis by commodity & Profit center
Physical M2M
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Gain accurate mark-to-market valuation of open contracts and inventory, by taking into consideration all estimates & accruals, contract terms as well as location /quality premiums & discounts.
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View exposures, perform M2M and P&L calculations, settlements, and of course allocate these to physical contracts. These allocations can be one-to-one, one-to-many or many-to-one.
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Auto upload of Market quotes for Physicals and Derivatives for quick M2M P&L.
Logistics
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Completely streamlined multimodal movement of cargo from origin to destination by Road, Rail & Ocean.
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Stock updates with inward and outward weights closely monitored to trigger weight claims. Weights and costs updates are made at each contract execution step, and a comprehensive documentation module simplifies operations.
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Pool & Outturn Management for Grains.
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Intelligent workflow process that eliminates data entry errors and simplifies back office operations.
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Captures cost accruals at every logistical activity with comprehensive audit trail.
Finance
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Eka’s finance module allows creation of different types of commercial invoices, updating payables and receivables, tracking costs, monitoring cash flows and posting entries into your accounting package.
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One of the most powerful features of the application is the day & month-end procedures, which uses advanced algorithms to calculate and store the positions and P&L (unrealized and realized) on both physicals & derivatives.
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Excellent capability to integrate with accounting packages
Business Intelligence & Reporting
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Eka’s business intelligence tools help you understand how and why position and P&L are what they are, and how they have changed between any two periods, trade-by trade, and factor by factor. It enables the user to slice and dice the information.
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Generate multi-dimensional, cross departmental reports that gives users a 360-degree view of the organization’s positions, exposures and P&L
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Well structured, comprehensive suite of reports covering physical trading, logistics, stock, derivatives, currency, finance, end of day, end of month, position, mark to market, P&L. Exportable to spreadsheet, Word, HTML etc
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Generate multi-dimensional, cross departmental reports that gives users a 360-degree view of the
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organization’s positions, exposures and P&L
To learn about how Eka can add value to your operations, click here or write to us at demo@ekaplus.com.
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