Energy Company Gains Consolidated Reporting System – Eka CTRM
A wholesale energy and midstream services company was expanding into new markets — including crude oil and trucking/transportation — and required one consolidated system for reporting. Since most processes were done manually, reports were prone to errors and end-of-day reporting was taking too long. The company implemented Eka’s CTRM solution to manage its complicated processes, including deal capture, trade management, operations, risk and settlement, with a single central platform.
- The solution allowed the company to expand seamlessly into new markets, from crude oil and coal to natural gas and RECs
- By generating consolidated reporting on exposure by month, mark-to-market extract reports and more, the solution ensures accurate representation across all business lines