Case Study: Renewable Energy Group gains real-time position visibility with Eka

REG Gains Real-time View of Position With Eka

Renewable Energy Group (REG), a large biofuels company, needed a real-time consolidated view of its position to support better business decisions. Its reporting process was highly manual, pulling data from multiple systems and spreadsheets, which took four days and delayed hedging decisions, increased risk, and caused missed market opportunities. REG turned to Eka and its Position app to address this challenge.

Eka implemented its Position app to consolidate and analyze data from REG’s CTRM system, futures broker system, inventory management solution, and spreadsheets, delivering a single, accurate view of exposure and related reports. The solution was deployed in just six weeks and reduced reporting time from four days to under one hour, helping REG eliminate manual reconciliations and human error while giving executives faster, near real-time insight into position and risk.

Renewable Energy Group

Pat Hammen

Chief Information Officer