Eka Showcases Advanced Concentrates Module Eka.Concentrates at the 11th World Copper Conference, Chile
Eka Software Solutions, the leading global provider of Smart Commodity Management software solutions, showcased Eka.Concentrates for managing the complexities of raw materials business at the 11th World Copper Conference, Chile.
“CRU Copper Conference is one of the world’s biggest conclave of leaders from the metals and mining industry and we believe it is the right platform to showcase Eka’s strong capabilities in the metals and mining area. We are very happy with the tremendous response to Eka.Concentrates” said Dan McEvoy, Global Head of Metals & Mining, Eka Software.
Eka.Concentrates is a robust, feature-rich solution which allows miner, smelters, refiners and traders to better manage contract terms, pricing, assaying, umpiring, and settlements as well as risk management including hedging, P&L, and mark to market computations.
“Trading of base metals such as copper, lead and zinc is simpler in nature than trading of concentrates, which are in the form of raw materials. The complexity arises due to number of factors like form & storage, pricing, conversion charge, assay exchange and accuracy of invoicing. Eka.Concentrates has been developed in close collaboration with leading companies in the mining, smelting and refining industry and is equipped to manage these challenges,” adds Dan.
Eka.Concentrates covers a wide range of metal products including Alumina, Bauxite, Concentrates, Ferro-alloys, Matte, Precipitates, Scrap, Slime and Slag. It allows for management of physical trading, logistic; tolling; inventory tracking; derivatives; position-keeping; finance, reporting and business intelligence. The application is built using modern technology, has a user friendly interface and can seamlessly interface with most ERP systems, for example SAP, Oracle etc, to provide a complete view across the business.
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.