One of the most dynamic industries of the day, refineries and ethanol plants face a number of challenges and opportunities created by demand and supply movements, government regulations, technology and volatile input and output prices. Whether you are a raw material supplier, processor, distributor, or end user, Eka can provide you with all the tools you need for maximizing opportunities, streamlining operations, and better management of price risk on both input (sugar, corn, etc) and output (ethanol, bio fuels, etc). Eka works with you to reduce time-to-market while improving decision support to help make the most from market opportunities.

For management of risks and exposures of your commodity purchases, Eka helps you quickly identify unpriced, unhedged and undelivered positions. You can create physical contracts, record your futures and options transactions, link these to the physical contracts, and get a real time overall position. Eka also calculates your mark-to-market and PnL on both physical and derivatives positions. The system also allows you to track factors responsible for an increase or decrease in PnL between any two dates, so that you can isolate favourable and unfavourable factors in order to devise relevant strategies and take appropriate actions on the same.

Eka contains equally strong functionality for managing logistics of incoming cargo. You can organize transport 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.