Eka Software Named a Top Ten Software Company by Silicon India

November 23, 2009

Eka Software Solutions, the leading global provider of Smart Commodity Management software solutions, has been named as one of Silicon India's Top 10 Software Companies for the year 2009. The Si100 List is an annual listing of the top 100 technology companies compiled by Silicon India from over 3,000 nominated companies.

Eka Software Solutions is a market leader in software for global commodity markets as a result of its one-of-a-kind product which comprehensively addresses the requirements of commodity businesses worldwide. It includes functionality to manage end-to-end physical supply chain operations along with risk management capabilities required while executing contracts throughout the supply chain, from origination to worldwide logistics till the delivery to the end user. Eka's algorithms run across all aspects of the business – contracts, logistics, inventory, hedging, finance - and provide companies with risk metrics on exposures, P&L, and value at risk (VaR) emerging from both physical as well financial side of business. Partnering in customer's growth, working with them to improve operational control, increase profitability, accelerate growth and manage risks and exposures, Eka, today is a 200+ member strong team with offices in Asia Pacific, Europe and North America, serving a growing client base across various commodity segments, sizes and geographies.

"I would like to, on behalf of Eka, thank Silicon India and the Jury for selecting us to be on the Silicon India Top Software companies' 2009 list. This recognition, which comes on top of NASSCOM's recent recognition of Eka as a Top 10 Emerge company, is a validation of our capability as an organization to comprehensively meet the trading and risk management needs of physical commodity segment. I am very pleased with Eka’s progress and growth," says Mr. Manav Garg, CEO & Founder, Eka Software Solutions.

A distinguished panel comprising accomplished Indian CEO's & CIO's of public companies, VC's, analysts, founders of other VC funded companies including siliconindia editorial board decided on the top 100 companies. "The companies in this year's list display the characteristics of long-term visibility, sustained growth, business focus, profitability and customer and employee value-creation. They had passion, enthusiasm, optimism and the sheer will to succeed in an economy, which was going through one of its worst phases," said Harvi Sachar, Editor-in-Chief & CEO of Silicon India. "We congratulate the 100 finalists for achieving this vote of respect from industry leaders and wish each and every one of them a great future," he added.

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 400+ staff with offices in the Americas, Asia, Australia, and EMEA, serving a rapidly growing global client base across multiple commodity segments.

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