EKA > From Zero to a Billion Transactions in Weeks with New Trade & Risk Apps
Nov 08, 2018

From Zero to a Billion Transactions in Weeks with New Trade & Risk Apps

A large global commodities trading firm which was setting up grain trading operations in Europe, needed a robust trading operation to help them capitalize on a billion transactions during the harvest season, apart from staying future-ready. The firm had only 6 months left to implement their trading operations which needed to cover multiple locations across three geographies and all locations, which had to go live at the same time. They decided to implement Eka’s Trading and Risk Management solution that included apps on Physical Trades, Derivatives, Accounting, Logistics and Inventory. Additionally, they implemented Eka’s apps on Position and Mark-to-market, P&L Explained and VAR.

 

Business Benefits:

 

  • On time implementation: Eka’s powerful and nimble solution in the form of ‘plug-n-play’ apps was pre-configured with workflows relevant to their trading operations, allowing them to go live in 16 weeks
  • Delivering cost savings: Eka’s Digital Commodity Management Platform is designed to let businesses build their own suite of solutions by choosing exactly the functionality they need, thus reducing implementation costs