Case Study: Large Sugar Producing Company achieves consolidated risk management with Eka’s Cloud Platform

Large Sugar Producer Powers Growth With Eka’s Cloud Platform

Large Sugar Producing Company, a European sugar producer, needed a better way to manage derivatives across nine different entities and systems. Its existing CTRM platform could not support derivatives, and the company wanted a solution that could centralize risk management while also connecting with physical commodity operations. Eka was selected to help address this challenge with its cloud-based derivatives and risk management platform.

Eka implemented a suite of six apps — Derivatives, Position, Mark-to-market, Hedge Accounting, Physical Trades, and Risk & Monitoring — integrated with the company’s legacy CTRM system. The solution went live in just eight weeks, and within four months the customer had a consolidated view of its risk portfolio on Eka’s cloud, enabling faster, more flexible risk management across multiple entities and locations.