August 13, 2019, Norwalk: Zurich-based start-up fertilizer and raw materials trading company Hexagon Group (Hexagon) has chosen Eka’s award-winning CTRM Platform to improve efficiency and manage trading across the organization. Eka is the leading provider of app-based CTRM and ETRM systems, moving businesses away from monolithic traditional software to a more flexible, dynamic system.

Established in November 2018, Hexagon Group was looking for a simple, cost-effective cloud-based solution to manage their liquid and solid fertilizer trading business. They chose Eka because of its clear understanding of Hexagon’s business and competitive price point owing to its cloud native, ‘plug-n-play’ platform model. With Eka, Hexagon now has comprehensive commodity trading, risk management, as well as consolidated reporting.

Cees Zegers, Head of IT of Hexagon Group, said: “Young, fast-growing companies like Hexagon need to make sure their current tech choices also meet their future business requirements. We wanted a modern CTRM solution that was cloud-ready and could seamlessly adapt to newer technologies. Eka’s cloud-native CTRM Platform met all our expectations with its robust suite of apps and extensive functional coverage. Its modern platform provides us with the flexibility to adopt what we need now and to seamlessly add functionality in the future as our business grows. Furthermore, the in-depth industry knowledge demonstrated by Eka’s team convinced us that Eka was the right choice for Hexagon.”

Hexagon chose Eka to advance their business offering by taking advantage of the latest technology – cloud, machine learning and blockchain – to gain real-time financial visibility, a centralized location for business intelligence that eliminates data silos, and comprehensive risk management and hedging.

Eka’s record-breaking 2019 continues, with Hexagon joining a group of new clients embracing new technologies and moving to more linked, digitized, cloud-based enterprise systems for trading, risk and logistics management. Eka’s CTRM and ETRM solutions are specifically designed to help commodity companies optimize performance in challenging markets. Unlike legacy systems, Eka offers a range of powerful apps that work across the commodity value chain, enabling faster, data-powered decisions. Driven by blockchain, AI, cloud and machine learning, Eka’s solutions use the latest technology to improve trading and risk management across the trading value chain.

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 ETRM and CTRM 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.