Bangalore, 3 May 2011
Eka Software Solutions, the leading provider of Commodity Trade and Risk Management software, announced that The Gavilon Group, LLC, a global commodity management company, has selected Eka.Agriculture to support its trading and risk management operations.
Gavilon aims to implement a functionally rich and operationally robust software to support the company’s expansion in the Europe, Middle East, Africa and Australia.
“Our selection of Eka was based on the product’s adaptability across a wide range of operational requirements worldwide,” said Gary Acromite, Gavilon’s chief information officer. “In addition, Eka.Agriculture offers a flexible and scalable architecture that can grow as our needs expand.”
Eka’s comprehensive solution set will provide Gavilon with real-time information on positions, inventory, exposures, risk management, profit and loss analysis. Gavilon will benefit from a single, fully integrated system that links all business units across front, middle and back office, giving them One Solution, One View.
Manav Garg, CEO & Founder, Eka Software Solutions, said, “Winning a prestigious customer like Gavilon is a true testimony to Eka’s growing leadership in the CTRM software market. Our consistent year-on-year investment in product research and development is reflected by this win, as well as the extremely positive feedback we continue to receive from the market. As a strategy, we intend to continue heavy investment in our product, strengthening its capabilities to deliver software that truly reflects the real world challenges our customers face in volatile and ever changing commodity markets.”
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