Eka Senior Executive Speaks at 10th Annual Global Grain Conference in Geneva

Bangalore, India, November 23, 2012 --(PR.com)-- Eka Australia Managing Director, James Veale was a speaker at the 10th Annual Global Grain Conference in Geneva. James was one of the panelists for the session on “Risk Management Tools across the Value chain: How are traders and originators managing their business?”

The session was moderated by Graham Trask, Managing Director, Fixed Income, Currencies & Commodities, Macquarie Bank and included speakers from Swiss Re Corporate Solutions, Invivo and Cefetera. James spoke about the increasing volatility in the agri-commodity markets driven by increasing demand from emerging economies and microeconomic risks that traders and originators face as a result of slowdown in Euro zone and US inflation in emerging markets and climatic conditions.

“The agri-commodity industry is going through a phase of industry consolidation. We see both upstream and downstream integration with companies trying to cover the entire supply chain from farm to the marketplace. From a technology standpoint it means that companies are ending up with disparate systems as a legacy of multiple acquisitions and mergers,” said James. “Technology vendors have to respond to the challenge by moving beyond separate systems and offering an end-to-end commodity management platform.”

Eka Software Solution was one of the main sponsors of the conference and showcased its end-to-end commodity platform for agri-businesses. Eka continues to maintain strong momentum in the agri-commodity space, signing 2 significant new license deals in the recent past.

About Eka
Eka Software Solutions is a market leader in software for global commodity markets. Eka’s products and services help companies that buy, sell or trade commodities manage the challenges of volatile markets and 24x7 global operations more efficiently.

The products provide customers best-of breed functionality for physical trading, risk management, logistics, inventory, finance, compliance and business intelligence. Eka sees itself as partners in customers’ growth, working with them to improve operational control, increase profitability, accelerate growth and manage risks and exposures.

Today, Eka is a 250+ member strong team with offices in Asia Pacific, Europe and North America, serving a growing client base across various commodity segments, sizes and geographies.