Wholesale Energy Company Manages Growing Operations with Eka
Headquartered in Texas, this energy company is a leader in the wholesale marketing of energy-related commodities including natural gas, power, environmental products and services. The company was relying on manual processes and numerous systems to manage trading while growing up, but now needed a consolidated system for reporting and one system of record to ensure accuracy in risk calculations. The company implemented Eka’s TRM to manage trade capture and management, scheduling and operations, forward curves, mark-to-market, position, VaR, P&L Attribution, what-if scenarios, settlement and invoicing as well as options valuations for natural gas, power, crude, NGL, refined products and renewables.
- Faster decision making: Having all the data on the Eka platform meant that reports can be generated in minutes, enabling faster decision making
- Easy integration: Eka’s easy integration with third party systems allows for automation consolidation, reducing manual effort