CJ International Licenses Eka’s Insight CM – Agriculture Next-Generation CTRM Software
Eka’s multi-commodity CTRM software platform with advanced analytics to deliver scenario analysis, risk policy adherence, and executive reporting.
Eka Software Solutions, the leading global provider of Smart Commodity Management software solutions, announced today that CJ International has selected Eka’s agricultural CTRM software platform with advanced analytics to manage trading, position, P&L, risk, and logistics to support its rapidly growing operations.
CJ International was established in 2006 and has grown to be a major agricultural trader in Asia. It has over $2B in sales and has been named one of the fastest growing companies in Asia.
CJ International is implementing Eka’s advanced CTRM platform to underpin its business and trading growth. Scenario analysis, risk policy adherence, and executive reporting are supported by the platform and will help CJ International to continue its growth with structured and controlled processes. Insight CM enables scenarios to be evaluated and effects understood prior to completion of deals, risk managers to be alerted when discrepancies arise or limit thresholds have been crossed, and timely management reporting so executives can effectively and efficiently run operations.
“Four out of the top five agricultural traders are Eka customers, including Bunge, Cargill, Glencore, and Louis Dreyfus,” said Sanjay Singla, GM of CTRM, Eka. “In competitive evaluations, Eka is a natural choice for commodities companies such as CJ International looking for the most functional end-to-end solution on the market.”
CJ International licensed InSight CM® -Agriculture, a next-generation CTRM software solution for managing commodity transactions end-to-end throughout the value chain. InSight CM – Agriculture captures, analyzes, and manages physical trading, procurement, logistics, bulk handling, processing, enterprise risk, and compliance across all agri-commodities. The fully integrated, end-to-end platform provides straight-through processing of commodities for the front, middle, and back office. The software is suitable for a wide range of agri-commodities including dairy, grains, oilseeds, livestock, feed ingredients, biofuels, and fertilizers.
About Eka Software Solutions
Eka is the global leader in providing Smart Commodity Management software solutions. Eka’s analytics-driven, end-to-end Commodity Management platform enables companies to efficiently and profitably meet the challenges of complex and volatile markets.
The company’s best-of-breed solutions manage commodity trading, enterprise risk, compliance, procurement, supply chain, operations, logistics, bulk handling, processing, and decision support. Eka partners with customers to accelerate growth, increase profitability, improve operational control, and manage risks and exposures.
Eka is a team of 315 staff with offices in the Americas, Asia, Australia, and EMEA, serving a rapidly growing global client base across multiple commodity segments.