Sydney, Australia, September 20, 2012 --(PR.com
)-- Cargill Australia has selected Eka Software Solutions a global provider of commodities trading and risk management solutions (CTRM) to help streamline its grain origination & trading and oilseed crush business in Australia.
“We wanted to replace our legacy systems with a modern and best of breed commodity and risk management system. Eka demonstrated a strong understanding of our business and had a largely ‘out of the box’ product that suited our requirement, especially around managing grain pools,” said Mitch Morrison, General Manager, Cargill Australia. “We were also hugely impressed by the domain and technical competence of the Eka team.”
Cargill Australia is implementing Eka.Agriculture, Eka’s end-to-end commodity and risk management platform for Agri-Businesses to manage their grain origination and oilseed crush operations. Eka.Agriculture would provide Cargill Australia with a seamless end-to-end system for managing grain origination & logistics. The solution would also help Cargill Australia to manage oilseed crush planning, financial hedging, risk management, sales and marketing of grain and oilseed products and a complete management suite for reporting and risk management.
Cargill Australia would also be deploying Eka.Grownet – Eka’s online grower portal which enables farmers to transact with Cargill Australia directly 24x7x365 without the constraints of time and distance. It would also help Cargill Australia to improve grower experience and build farmer loyalty by improving grower experience through professional and personalized service.
Announcing the deal, Manav Garg, CEO & Founder Eka Software Solutions said “The Cargill Australia deal is a testament to the fact that Eka has become the partner of choice for the world’s leading Agri-Business companies. Winning a client like Cargill Australia also cements our position as a leader in the Australian Agri-Commodity market where we already have clients like Gavilon, GrainCorp and CBH. We look forward to working closely with Cargill Australia in their effort to modernize their grain origination and oilseed businesses.”
About Cargill Australia
Cargill Australia established a presence in Australia in 1967 to service the country’s large grain exports and has since extended its involvement into several other agricultural industries including grain and oilseed origination, oilseed processing, grain and cotton trading, grain storage and handling as well as joint ventures in beef processing and flour milling.
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.