September 17, 2019, New York, Dubai, Houston: Eka, the leading provider of software solutions for commodity and energy trading, announced today three more energy companies have chosen its award-winning ETRM solution. The three new clients include Middle East based energy trading company Beneathco, a US-based supplier of fuel for the New York Metropolitan Area, and an energy consulting development company focused on logistics and midstream solutions. Eka’s ETRM solution was chosen because it provides greater financial visibility, a centralized location for business intelligence that eliminates data silos, and comprehensive hedging and risk management. The state-of-the-art platform also enables intelligent use of Cloud, Machine Learning and Blockchain technologies. Beneathco’s rapid expansion in the distribution of refined products required a system with sophisticated logistics management to help them understand their position and mark to market in real-time. They needed the system to be implemented rapidly. Eka’s capabilities and energy expertise enabled them to create an implementation plan in less than a week, ensuring Beneathco will maximize customer service, improve profitability, and gain tighter control of their business. Deva Vasudera, Chief Financial Officer of Beneathco, said: “Eka’s experience in our industry and their platform’s rich functionality are two of the many reasons we chose its platform. In our… continue reading
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Source: CTRM Center