ComTech Analyst Briefing Note – EKA Update

Eka has continued to grow and at a rate that places them in the upper echelons of the Commodity Trading and Risk Management (CTRM) vendor group and has found considerable success in selling products to a global base of users across multiple categories, including agriculturals, softs, metals, consumer products and most recently, energy. The company has embarked upon an aggressive growth strategy, expanding their functional coverage via internal development and measured acquisitions, allowing the company to better compete not only in the traditional single or multi- commodity trading and risk management opportunities that arise in around the globe, but further positioning the company to address the lucrative commodity management, or CM, markets.

Given the increasing globalization of the commodity markets, shifting supply and demand patterns, and global economic uncertainty, ComTech believes that advanced analytics will be an increasingly important component of the next generation of solutions for commodity traders, commodity consumers and the broader CM market. With Eka’s focus on advanced analytics as an integral component to their solutions, they appear to be well positioned to execute on their vision of the next generation of commodity management solution, termed “CM 3.0” or “Smart Commodity Management.” The company is well funded and has an experienced leadership team in place. Given the genesis of the company in the agricultural markets and success in metals, and with the recent acquisition of the EnCompass product (an energy centric solution), Eka would appear to be well positioned to attract and successfully service new CM 3.0 customers in the agricultural trading, metals and mining, consumer package goods (CPG), food processors and North American energy markets.

Read the document online or download it from the CTRM Center ComTech Analyst Briefing Note – EKA Update


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