Case Study: Leading Multinational Oil and Gas Company streamlines trading and risk management with Eka

Natural Gas Company Expands Operations With Eka

Leading Multinational Oil and Gas Company needed a single system to manage trading and risk across its natural gas, NGL, and crude oil businesses. As the company expanded into new markets, spreadsheet-based processes became time consuming, difficult to control, and too manual for timely reporting and decision-making. Eka provided the product/service used: an ETRM platform with supporting apps for trade capture, scheduling, risk management, exposure, mark-to-market, P&L explained, VaR, credit, options valuation, settlement, and invoicing.

Eka implemented a scalable front-to-back ETRM solution that consolidated operations on one platform and integrated with other systems to improve data accuracy and efficiency. As a result, the company reduced risk with a more current and complete view of exposure and pricing, strengthened trade management approvals and security, and significantly cut the time spent creating reports. Eka also helped improve collaboration and enabled faster decisions, allowing the company to react more quickly to market changes and opportunities.