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Eka helps you manage the complete physical and financial trade of all types of Grains [Wheat, Maize, Soya, Rice, Barley, etc], Feeds, Oils and Oilseeds. The solution covers the complete life cycle of both physical and financial commodity contracts, covering physical trading, derivatives, position management, mark to market and P&L, logistics, stocks, documentation, finance and reporting. In addition, it easily integrates with your other applications (accounting, ERP, live feeds, master data, etc), thereby creating the ideal real-time solution for your company.
The multi-commodity platform is capable of handling any agriculture commodity that you deal in, including:
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Grains - Wheat, Soya, Rice, Barley, Maize, etc
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Feeds - Soy meal, Rapeseed meal, Corn meal, etc
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Edible Oils - Palm oil, Soybean oil, Rapeseed oil, Sunflower oil, Canola, etc
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Oilseeds – Soya, Mustard, Canola, Groundnut, etc
Eka consolidates your entire physical operations, covering farm procurement, storage in multiple locations across countries, sales order management, as well as transportation for local or export sales on vessels, containers, trucks, rail or barge. At any point of time, you get a real-time view of your complete physical position broken down by grain, location and delivery status. Moreover, Eka’s highly configurable mark-to-market solution allows you to accurately value the same commodity differently based on different market zones, locations and cargo shipment statuses. The solution also covers quality based price premiums and discounts.
Equally strong features for managing derivatives and P&L match the comprehensive functionality on the physical side. You can price trades against any exchange (CBOT, DCE, TGE, etc), track the basis, record hedges against physicals and speculative trades, and view your exposures in real-time. End of day and End of Month routines calculate realized and unrealized P&L across both physicals and futures.
Furthermore, Eka can effectively control the flow and management of data across different desks, office locations and profit centers. In other words, senior management can get a global perspective of the entire business across commodities, whereas line managers can be given selective access relevant to their operations.
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 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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