The Eka solution is ideally suited to manage the requirements for trade in steel. The multi-commodity platform contains strong capabilities for managing the entire physical logistics chain, trading, stock management and distribution, ensuring that you have a solution that fits perfectly for your business. Coupled with the ability to manage tolling requirements and a solution that is ready to handle LME and NYMEX futures in Steel when they are introduced makes Eka a perfect fit for trading in steel products. The solution also easily integrates with your other applications (accounting, ERP, live feeds, master data, etc) to create the ideal real-time solution for your company.

Eka’s configurable product configuration allows you to setup commodity hierarchies - for instance, flat products could have sub-groups such as coils, plates or sheets, which in turn could have different types (galvanized coils, tin plates, etc), properties (chemical, tolerances, etc) down to individual grades. Furthermore, the system supports allocations between multiple purchases and sales, with the facility to maintain complete traceability from point of origin to place of delivery. Therefore, when you want to see your position – open or inventory, allocated or unallocated, Eka allows you to see this at all levels, giving you maximum flexibility for your trading decisions.

The enhanced logistics functionalities then allow you to manage the complete flow of goods from origin to port to warehouse and final delivery to customer. The facility to capture costs (accrued or incurred) at different stages of the contract execution process ensures accuracy in realized and unrealized PnL calculations.

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 are given 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.