Country for PR: United Kingdom
Contributor: PR Newswire Europe
Tuesday, October 05 2021 - 21:34
AsiaNet
Eka and Enverus Team to Speed Energy Trading Risk Management and Decision-Making
NEW YORK and AUSTIN, Texas, Oct. 5, 2021 /PRNewswire-AsiaNet/ --

    Eka Software Solutions, the leading cloud platform for digital innovation, 
today announced a collaboration with Enverus, the leading global energy data 
analytics and SaaS technology company to provide energy traders new solutions 
for improved risk management and decision-making.

    Eka will offer a pre-built connector on its Energy Trading and Risk 
Management Platform for seamless access to Enverus' MarketView and CurveBuilder 
data, including forward curves, settlement prices and foreign exchange. The 
combination can accelerate project implementations and results by linking 
Enverus's data API with a cloud data warehouse to integrate disparate data, 
tools and analytics into one repository.

    "Customers trading in energy markets need timely market data to manage 
their P&L, settlements, run risk reports, and more," says Manav Garg, CEO, Eka. 
"We're excited to work with Enverus to help energy businesses make more 
informed decisions and improve risk reporting."
    "Instead of building a one-off interface that would have to be managed by 
an in-house IT team, we have rolled out a pre-built connector between Enverus' 
Trading & Risk Solutions and Eka," said Simon Crisp, Enverus Trading & Risk 
General Manager. "For an energy business, a pre-built connector expedites and 
de-risks implementation and reduces the long-term support requirements of their 
market data and ETRM connection." 

    The speeds at which energy traders can access and understand data is 
crucial to their ability to respond to disruptive events, set strategy and 
achieve growth.

    About Eka Software Solutions

    Eka Software Solutions is a global leader in providing innovative, cloud 
solutions that unify a whole range of workflows from procurement to payments. 
Its platform driven solutions for commodity and supply chain management, 
source-to-pay, treasury and sustainability help customers to overcome complex 
challenges and accelerate their digital journey in an environment of continuous 
change. See: eka1.com.

    About Enverus

    Enverus is the leading energy SaaS company delivering highly-technical 
insights and predictive/prescriptive analytics that empower customers to make 
decisions that increase profit. Enverus' innovative technologies drive 
production and investment strategies, enable best practices for energy and 
commodity trading and risk management, and reduce costs through automated 
processes across critical business functions. Enverus is a strategic partner to 
more than 6,000 customers in 50 countries. Learn more at Enverus.com.

    Media Contacts: 
    Eka: Sharmita Mandal sharmita.mandal@eka1.com 
    Enverus: Jon Haubert | 303.396.5996
 
    Source: Eka Software Solutions
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