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Eka is a Gold Sponsor at ComRisk 2020 – a gathering happening for the last 4 years, bringing together risk leaders from across physically traded commodities to share best practices, utilizing new technologies to manage risk, trade finance and finishing with sessions around market risk for specific commodity classes.

Commodity markets are volatile, driven by our increasingly volatile world. As we write this blog, it has been over 6 months since the pandemic hit and businesses are yet to recover from its unprecedented impact that exposed them to several risks across the trading value chain.

According to Commodity Technology Advisory Report, 80% of companies continue to use traditional, on-premise systems that don’t provide real-time visibility into data.

Eka’s Reconciliation solution leverages modern architecture and data models to automate the entire end to end process, reducing time and errors from days to minutes.

A CPG company was spending over 6 hours daily to reconcile statements where they were sharing clearer statements manually on spreadsheets for Future ETD trades.