Eka for Concentrates and Ferro alloys is a flexible, feature-rich solution that is designed to help you manage the complexities of the raw material business. Highly flexible in its design, the solution will allow you to better manage contract terms and conditions, pricing, assaying and umpiring, settlements as well as price risk and mark to market computations. It comes fully integrated with other core functionality for physical trading, derivatives, risk, position, P&L, logistics, inventory, tolling, finance, reporting and business intelligence.
Key features of the solution include:
- Contract management: Capture of important terms including counterparty details, product composition, pricing rules, penalties & payables, TC/RC, splitting limits, umpire rules, payment and delivery conditions, etc
- Assaying: Recording multiple assays (default, shipment, buyer, seller, umpire, etc), application of splitting limits and umpire rules
- Settlements: Automatic calculations incorporating contract rules and assay results, provisional and final invoicing, partial and pre-payments, etc
- Position management: Comprehensive views including open positions per element, inventory, price risk, hedges, etc
- Mark to market valuations: Highly accurate M2M calculations capturing all payables, penalties, deductions, LME, location and quality differentials, costs and accruals, etc
By combining all the features relevant to the business, the Eka solution helps effectively manage the flow of information across front, middle and back office operations, and across office locations, businesses and profit centers.
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.
Click here to find out about Eka’s Commodity Trade & Risk Management Software features. |