Eka Software Solutions & Black Hawk Resources to Combine Expertise to Serve the Metals Processing Community
First Eka partnership with Metals Service Provider.
Bangalore, India, August 19, 2010 --(PR.com)-- Eka Software Solutions, a leading provider of Commodity Trade and Risk Management (CTRM) software will partner with Black Hawk Resources, a provider of procurement services and commodity product sales. The partners will offer a combined solution of Black Hawk expertise with Eka’s software.
Metals processing organizations have many challenges: achieving operational efficiencies, hedge accounting, risk management, and compliance reporting. The two partners will draw upon Black Hawk’s consulting expertise in developing commodity procurement strategies. Black Hawk’s recommendations to its clients can then be implemented by Eka’s software so that procurement operations are keyed to support management’s goals for revenue and margins.
“In my previous roles as risk manager with two Metal Processors and a major trading company, I worked extensively with other software systems. Eka has been a well-kept secret and was unknown to me at that time. In my view, Eka’s software is today best in class, modeled for metals operations with modern analytic tools to protect and boost operating margins. I am very pleased to partner with Eka to provide a combined offering of our risk management services coupled to this sophisticated software that implements our recommended strategies,” said Scott Stewart, Director, at Black Hawk Resources Ltd.
“This partnership will add significant value to companies seeking to adopt best practice in commodity hedging and price risk management operations. Scott’s experience as a hands-on operations and risk manager gives him tremendous insight and credibility with Metal Processors and their customers. Eka’s software for Metal Processors is specifically designed to implement Black Hawk’s recommendations to ensure that processing margins are protected, captured and realized,” said Daniel McEvoy, Vice President, Global Head of Metals & Mining, Eka Software Solutions.
About Eka Software Solutions
Eka Software Solutions is a market leader in software for global commodity markets. Our products and services help companies that buy, sell or trade commodities manage the challenges of volatile markets and 24x7 global operations more efficiently.We see ourselves as partners in our customer’s growth, working with them to improve operational control, increase profitability, accelerate growth and manage risks and exposures. We do this by providing our customers best-of-breed functionality for physical trading, risk management, logistics, inventory, finance, compliance and business intelligence.
Eka is a 200+ member strong team with offices in Asia Pacific, Europe and North America, serving a growing client base across various commodity segments, sizes and geographies. Eka is a Deloitte Technology Fast 50, Nasscom Emerge 10 and Silicon India Top 10 company. For more information please visit www.ekaplus.com
About Black Hawk Resources
Black Hawk Resources is a privately held company that participates in the midstream services of the metal and energy industries. Our core business provides procurement services and commodity product sales. The service component of our business is based on working with customers to identify the best purchase strategies for their energy and metal procurement. Black Hawk is concerned not only about the customer’s procurement strategy for energy and metals as a standalone cost of good, but from the standpoint of total customer revenue and earnings management. This difference allows Black Hawk Resource to provide both commodity services, as well as, price risk management services to our customers all while reducing the risk to their future. For more information please visit http://www.blackhawkrisk.com
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Metals processing organizations have many challenges: achieving operational efficiencies, hedge accounting, risk management, and compliance reporting. The two partners will draw upon Black Hawk’s consulting expertise in developing commodity procurement strategies. Black Hawk’s recommendations to its clients can then be implemented by Eka’s software so that procurement operations are keyed to support management’s goals for revenue and margins.
“In my previous roles as risk manager with two Metal Processors and a major trading company, I worked extensively with other software systems. Eka has been a well-kept secret and was unknown to me at that time. In my view, Eka’s software is today best in class, modeled for metals operations with modern analytic tools to protect and boost operating margins. I am very pleased to partner with Eka to provide a combined offering of our risk management services coupled to this sophisticated software that implements our recommended strategies,” said Scott Stewart, Director, at Black Hawk Resources Ltd.
“This partnership will add significant value to companies seeking to adopt best practice in commodity hedging and price risk management operations. Scott’s experience as a hands-on operations and risk manager gives him tremendous insight and credibility with Metal Processors and their customers. Eka’s software for Metal Processors is specifically designed to implement Black Hawk’s recommendations to ensure that processing margins are protected, captured and realized,” said Daniel McEvoy, Vice President, Global Head of Metals & Mining, Eka Software Solutions.
About Eka Software Solutions
Eka Software Solutions is a market leader in software for global commodity markets. Our products and services help companies that buy, sell or trade commodities manage the challenges of volatile markets and 24x7 global operations more efficiently.We see ourselves as partners in our customer’s growth, working with them to improve operational control, increase profitability, accelerate growth and manage risks and exposures. We do this by providing our customers best-of-breed functionality for physical trading, risk management, logistics, inventory, finance, compliance and business intelligence.
Eka is a 200+ member strong team with offices in Asia Pacific, Europe and North America, serving a growing client base across various commodity segments, sizes and geographies. Eka is a Deloitte Technology Fast 50, Nasscom Emerge 10 and Silicon India Top 10 company. For more information please visit www.ekaplus.com
About Black Hawk Resources
Black Hawk Resources is a privately held company that participates in the midstream services of the metal and energy industries. Our core business provides procurement services and commodity product sales. The service component of our business is based on working with customers to identify the best purchase strategies for their energy and metal procurement. Black Hawk is concerned not only about the customer’s procurement strategy for energy and metals as a standalone cost of good, but from the standpoint of total customer revenue and earnings management. This difference allows Black Hawk Resource to provide both commodity services, as well as, price risk management services to our customers all while reducing the risk to their future. For more information please visit http://www.blackhawkrisk.com
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Contact
Eka Software Solutions
Nikhil Dsa
91-80-41715869
www.ekaplus.com
Nikhil Dsa
91-80-41715869
www.ekaplus.com
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