The Eka solution provides organizations with a comprehensive solution for managing trade in base metals and ferro-alloys.  The solution covers the complete life cycle of both physical and financial commodity contracts, covering physical trading, derivatives, position management, mark to market and PnL, 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 trading platform manages the complete lifecycle of physical and derivative trading for all LME and Comex traded base metals (Aluminum, Aluminum Alloy, Copper, Zinc, Lead, Nickel and Tin). The solution also helps you streamline the complete physical trading and distribution of various types of ferroalloys (ferrochrome, ferrosilicon, ferromanganese, etc).

The solution’s capability to manage multiple products, grades and qualities addresses your requirements of managing all contracts from mine to finished product, including the intermediate process of tolling. The solution also handles trades arising out of recycling of secondary products, bringing all your transactions on a single platform. On the derivatives side, the solution can handle LME and NYMEX futures, options, average contracts, as well as structured trades and their pay-off rules. 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 application also supports distribution-based businesses, helping you plan, track and deliver from stocks across multiple locations. You can also allocate costs for every trade, ensuring that you have the most accurate calculation for your cost of goods at any point in time. Using Eka’s tolling solution, you can track the performance of your vendors against predefined input–output parameters for quality, form/shape and volume.

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 have selective access relevant to their operation.

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.