Eka Announces Agreement with Gavilon

Top Quote Eka.Agriculture will support the commodity management company's trading and risk management operations. End Quote
  • (1888PressRelease) May 05, 2011 - Eka Software Solutions, the leading provider of Commodity Trade and Risk Management [CTRM] software, announced that The Gavilon Group, LLC, a global commodity management company, has selected Eka.Agriculture to support its trading and risk management operations. Gavilon aims to implement a functionally rich and operationally robust software to support the company's expansion in the Europe, Middle East, Africa and Australia.

    "Our selection of Eka was based on the product's adaptability across a wide range of operational requirements worldwide," said Gary Acromite, Gavilon's chief information officer. "In addition, Eka.Agriculture offers a flexible and scalable architecture that can grow as our needs expand."

    Eka's comprehensive solution set will provide Gavilon with real-time information on positions, inventory, exposures, risk management, profit and loss analysis. Gavilon will benefit from a single, fully integrated system that links all business units across front, middle and back office, giving them One Solution, One View.

    Manav Garg, CEO & Founder, Eka Software Solutions, said, "Winning a prestigious customer like Gavilon is a true testimony to Eka's growing leadership in the CTRM software market. Our consistent year-on-year investment in product research and development is reflected by this win, as well as the extremely positive feedback we continue to receive from the market. As a strategy, we intend to continue heavy investment in our product, strengthening its capabilities to deliver software that truly reflects the real world challenges our customers face in volatile and ever changing commodity markets."

    Eka Software Solutions is a market leader in software for global commodity markets. Its products and services help commodity trading organizations manage the challenges of volatile markets and global operations efficiently. It provides customers with best-of breed functionality for physical trading, risk management, logistics, inventory, finance, compliance and business intelligence.

    Eka are key partners in their customer's growth, working with them to improve operational control, increase profitability, accelerate growth and manage risks and exposures.

    Today, Eka 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.

    For more details on Eka.Agriculture visit www.ekaplus.com.

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