Republic HouseAG Selects Eka for their Metal Trade & Risk Management Operations

EKA > Republic HouseAG Selects Eka for their Metal Trade & Risk Management Operations
Jun 04, 2008

Republic HouseAG Selects Eka for their Metal Trade & Risk Management Operations

Eka Software Solutions, the leading global provider of Smart Commodity Management software solutions, announces that Republic House AG, a Swiss based international commodity trading company engaged in the physical trading and conversion of metals and minerals, has selected Eka for their complete business operations.

 

According to a spokesperson from Republic House, “Eka is the only solution in the market that will truly and comprehensively meet the requirements of a physical trader like ourselves. It will cover all aspects of our business, including contract management, physical mark-to-market and P&L, cost of goods calculations, LME functionality, invoicing, as well as cargo storage and movement. This, coupled with a highly professional and customer centric engagement, ensured Eka’s place as the preferred partner for our long term IT needs.”

 

“Eka was selected on the basis of our strong domain expertise of the metal markets. Our solution’s ability to handle all aspects of metal trading, together with a successful implementation track record, create a compelling case for physical metal trading companies,” said Manav Garg, Chief Executive and Founder of Eka Software Solutions. “We are delighted to have Republic House on board.”

 

About Republic House AG

 

Republic House AG (www.republichouse.com) is an international commodity trading company engaged in the physical trading and conversion of metals and minerals. The company conducts its activities as principal, purchasing physical commodities mostly from producers and selling and delivering these commodities to consumers. They also provide logistical, administrative, marketing, risk management and financial services to producers and consumers of commodities.

 

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.