Eka Announces General Availability of Energy 8.0

NORWALK, Conn., June 6, 2014 /PRNewswire-iReach/ -- Eka Software Solutions, the leading global provider of Smart Commodity Management software solutions, announced today the release of Eka Energy 8.0, a fully integrated energy trading and risk management (ETRM) software platform for energy market participants who produce, process, procure, trade, move, or market energy products. Eka's platform manages financial derivatives and physical energy commodities, including crude & refined products, natural gas, natural gas liquids (NGL), liquefied natural gas (LNG), power, coal, and biofuels.

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"Eka Energy 8.0 is a major leap forward in helping our customers manage effectively in the rapidly changing energy markets," said Andy Bout, VP Energy at Eka. "We added an advanced analytic and business intelligence module to enhance real-time, fact based decision making. By transforming large amounts of data into meaningful patterns we enable our customers to make smarter decisions in much shorter periods of time."

Access to accurate, relevant information at all stages of a transaction lifecycle is critical to energy organizations in order to navigate volatile markets with complex supply chains. With Eka's 8.0 platform, energy organizations gain the ability to deploy advanced analytics for better decision making.

Eka's Smart Commodity Management software provides greater control, than first-generation ETRM platforms, over trading, risk management, and the supply chain of energy businesses. The advanced analytic and business intelligence module gives energy companies a competitive advantage.

With Eka's Smart Commodity Management software, energy companies are looking forward, not back: analyzing complex scenarios to improve forecasting capabilities, instead of just monitoring what's happened in the past. Advanced decision support gives Eka's customers a better understanding of their business and the ability to make more profitable decisions.

Eka Energy 8.0 is available now.

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, procurement, logistics, storage and handling, processing, enterprise risk and compliance. 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 Asia, Australia, Europe and the Americas, serving a rapidly growing global client base across multiple commodity segments.

For more information about Eka, visit www.ekaplus.com.

Media Contact: Lisa DeVoto, Eka, 2032731275, [email protected]

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SOURCE Eka Software Solutions

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