Houston, Texas – May 15, 2019: The prestigious Energy Risk Awards winners were announced last night at a gala event for leading players in the Global Energy sector. Eka Software Solutions was named ‘Technology House of the Year’ for its enterprise apps for CTRM/ETRM. The award marks a very successful year for Eka, with the company having won 25 clients in the previous 12 months.

Stella Farrington, head of content at Energy Risk, said: “Energy Risk awarded this year’s ‘Technology House of the Year’ to Eka for the combination of its innovative technology and high levels of customer service. Eka’s proprietary, cross-commodity architecture is held in high regard for its scalability and modularity, and also for containing powerful business intelligence tools not found in other CTRM systems. Eka consultants are praised by customers for their expert knowledge of commodities markets and their responsiveness during implementation and beyond.”

The annual awards are hosted by Risk.net, a leading source of news and analysis on risk management, derivatives and regulation, and recognize businesses within the commodity sector for achieving global excellence. The awards are decided each year by an independent panel of judges consisting of both in-house and external technology experts.

The award recognizes Eka’s achievements, innovation and creativity in addressing the complex challenges in commodity trading and risk management. Eka was nominated for the award for enabling fast implementations and helping its customers meet their business goals with plug-and-play enterprise apps driven by a modern platform that helps them adapt to modern solutions seamlessly and scale-up rapidly as their businesses evolve

Since their launch in 2018, Eka’s enterprise grade apps for CTRM/ETRM have been a positive, disruptive influence on the world of commodity management. Powered by a new-age architecture, Eka’s enterprise apps provide a unique, fast and efficient route to next-generation technology with a platform specifically designed for the complexities of commodity trading.

Manav Garg, Eka’s CEO and Founder, is on a mission to revolutionize the commodity industry and Eka’s platform provides the innovation and foundation to achieve this vision. Garg commented: “Winning Technology House of the Year is great recognition of the work we do, and we will continue our trajectory as the standard-setter for modernizing commodity industry. This award is a clear endorsement for our unique methodology and vision for the commodity sector and we will continue to focus on solving key issues that our customers face and will strive to help them be as efficient and competitive as possible through continuous technological innovation.”

Eka provides end-to-end connectivity and visibility, having been designed from the beginning to be a truly intuitive commodity platform. Users have been quick to benefit from features that deliver in-depth enterprise apps, entirely configurable to the user’s needs as they scale and develop their business.

About Eka’s Digital Commodity Management Platform

Eka’s digital commodity platform is designed for commodity companies that need to flex, grow, and adapt to market forces. It is the only digital commodity management platform that breaks monolithic E/CTRM systems into bite-sized chunks of powerful apps that work across the commodity value chain, thereby enabling faster, data-powered decisions.

About Eka

Eka is a global leader in providing digital commodity management solutions driven by Cloud, Blockchain, Machine Learning and Analytics. The company’s best-of-breed solutions serve the entire trading value chain across agriculture, energy, metals and mining and manufacturing markets. Eka is reimagining commodity management with a new age architecture that breaks monolithic CTRM and ETRM systems into bite sized chunks of powerful, enterprise-grade apps, thereby enabling faster implementation, adoption and decision making. Eka’s mobile-first, enterprise apps are embedded with commodity specific algorithms that empower businesses to stay on top of volatile markets by letting them scale at will, go live faster, and achieve better value for their investments.

Eka has offices across the Americas, Asia, Australia, and EMEA serving 100+ customers globally across multiple commodity segments. To learn about how Eka can add value to your operations, email us at info@eka1.com