Case Study: Wholesale Energy and Midstream Services Company achieves consolidated reporting with Eka

Energy Company Gains Consolidated Reporting System With Eka

Wholesale Energy and Midstream Services Company needed to replace manual processes and disconnected systems with a scalable reporting environment. As the business expanded into new markets such as crude oil and trucking/transportation, it needed a single system of record for reporting and risk calculations. Eka was selected to help address these challenges with its ETRM solution.

Eka implemented a single central platform for deal capture, trade management, operations, risk, and settlement, along with mark-to-market, exposure, P&L explained, VaR, regulatory reporting, exchange connectivity, market data integration, and GL integration. The company gained consolidated reporting, improved risk management, and better collaboration across front, middle, and back offices. It also scaled smoothly from 20 to 150 users and expanded into additional markets including crude oil, coal, natural gas, and RECs.