Eka contains equally strong functionality for managing logistics of incoming cargo. You can organize transport of both live and processed products, either by containers, rail cars, trucks or vessels. You can issue instructions to suppliers, transport companies, shipping lines, customs agents and other service providers, and track the status of the cargo in real-time – unshipped, in transit, or arrived at location. You can store cargo across locations, and track weights at different steps of the contract execution cycle.

Similarly, on the sales side, Eka enables complete control of all your deliveries. Price risk wherever possible is managed through futures and option trades, which can be linked to individual physical trades or matched against an overall position. For distribution-based businesses, Eka gives you the flexibility to create multiple storage locations and manage deliveries for either local or export sales.

In addition, several decision support tools are provided to monitor delivery schedules, pricing information and hedging details, including net exposures between physicals and futures.

All purchase and sales contract information is easily integrated with your other packages (ERP, accounting, master databases, 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.

• Manage long-term agreements, spot purchases and sales with various pricing methods – fixed, differential or quality based premiums and discounts.
• Incorporates industry specific requirements such as handling of multiple grades across multiple origins, product ratios for cocoa products, polarization premiums/discounts in sugar, etc.
• Comprehensive contract allocation management.
• Forward & Backward integration with supply chain partners: Grower portal for Grains origination business

Futures and Options

• Helps you identify and manage price risk.
• Derivative trades of types EFP, speculative, arbitrage & switches, and track strategies.
• Hedges can be allocated to physicals, and partial or final price fixation confirmations generated automatically.
• You can close-out trades, perform reconciliations with broker statements, and track commissions.
• Quick view of Net open positions, Variation Margins, Expenses on Futures & Options

Position Management

• 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.
• Capture, measure and report transactions in real time giving a complete transparent view of physical & financial positions and exposures.
• Track Position changes on a daily, weekly & Monthly basis by commodity & Profit center

Physical M2M

• 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.
• 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.
• Auto upload of Market quotes for Physicals and Derivatives for quick M2M P&L.

Logistics

• Completely streamlined multimodal movement of cargo from origin to destination by Road, Rail & Ocean.
• 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.
• Pool & Outturn Management for Grains.
• Intelligent workflow process that eliminates data entry errors and simplifies back office operations.
• Captures cost accruals at every logistical activity with comprehensive audit trail.

Finance

• 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.
• 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.
• Excellent capability to integrate with accounting packages

Business Intelligence & Reporting

• 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.
• Generate multi-dimensional, cross departmental reports that gives users a 360-degree view of the organization’s positions, exposures and P&L
• 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
• 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.