Commodity management goes smart

By admin March 11, 2015 10:12 am IST

 Eka Software Solutions, the provider of smart commodity management software solutions, announced the availability of InSight CM – SMART Cubes.
Fully integrated with Eka’s next-generation commodity trading and risk management software platform InSight CM, SMART Cubes provides more than 80 pre-configured ETRM and CTRM commodity intelligence cubes that deliver rich analytics and advanced data visualisation for agriculture, manufacturing, energy, and metals companies.

SMART Cubes is a comprehensive set of preconfigured and customizable business intelligence tools covering the entire value chain, from origin trade straight through to settlement. With SMART Cubes, commodity companies can make faster, better-informed decisions when managing trading, positions, risk, P&L, inventory, costs, and logistics. Business users create the analytics they need without relying on other departments, such as IT, or outside vendors.“Utilizing our extensive industry knowledge of the commodity markets, Eka has created a comprehensive range of pre-configured cubes, providing our customers with the analytics needed to make the best decisions,” said Shobhit Mathur, Vice President Product Management at Eka. “In addition, users can customise these cubes on their own. SMART Cubes leverages a variety of visualisation techniques to provide previously unavailable analytical capability.”With SMART Cubes, users can link multiple sets of data for analysis. By joining different sets of data, commodity companies can perform previously impossible cross-dimensional analysis to improve decision making. This allows users to move beyond static reports that only describe what happened to answer the more profound questions: what events led to certain results, plus why and how did these events occur.
The InSight CM platform comprises best-in-class, industry-specialised solutions for the agriculture, manufacturing, energy, and metals industries. In addition to advanced analytics and commodity intelligence provided by SMART Cubes, InSight CM supports the entire commodity transaction lifecycle including trading, risk, compliance, procurement, supply chain, operations, logistics, bulk handling, and processing.
Eka is one of the leading companies in providing Smart Commodity Management software solutions. Eka’s analytics-driven, end-to-end Commodity Management platform enables companies to efficiently and profitably meet the challenges of complex and volatile markets. The company’s solutions manage commodity trading, enterprise risk, compliance, procurement, supply chain, operations, logistics, bulk handling, processing, and decision support.