AsiaNet 90215

NEW YORK, June 22, 2021 /PRNewswire=KYODO JBN/ --

- Eka acqui-hires banking and finance tech start-up Trxiea;  

- Devanshu Bhatt joins leadership team as SVP, Treasury Solutions

    Eka Software Solutions [https://eka1.com/], a cloud-based enterprise

solutions provider, announced today it has shored up a team of industry experts

tasked with delivering a new solution to dramatically transform corporate

treasury operations. This new business initiative will be led by Devanshu

Bhatt, former India Head of ION's Corporate Treasury Group. Eka also completed

the acqui-hire of banking and finance start-up Trxiea Platforms and Solutions,

whose highly experienced team will help accelerate the treasury solution's

time-to-market.

    The strategic hires are part of Eka's ongoing effort to expand its

state-of-the-art cloud platform into a comprehensive multi-solution platform

for global enterprises. The newly assembled team was curated to develop a

purpose-built, cloud-native corporate treasury solution that provides CFOs with

a complete, real-time view across their entire enterprise by unifying disparate

applications across procurement, banking, financial planning, risk management.

    Manav Garg, Eka Founder and CEO said, "We have a clear vision of building a

robust treasury solution that joins the dots across the organization, so that

CFOs can operate from one single, trusted source of truth, rather than trying

to piece together information from disparate systems and departments. To do

this, we have built a team of incredible subject matter experts, and we are

extremely excited to translate our vision into a transformative product over

the coming months."

    A Best-in-Class Team

    Devanshu Bhatt brings over 20 years of treasury and finance product

management and development experience. Prior to ION, Devanshu led Product

Development for Reval, ION Treasury's cloud-based solution. Joining Bhatt is

the highly experienced Trxiea team, co-founders Renju Balu and Dr. Trib

Kharkwal who holds a Ph.D. in operations research.

    Eka is a strong proponent of digitalizing critical business processes, as

part of its 'Mission Digital' effort with an innovative solution-driven

approach that delivers:

automated workflows to drive business resiliency;

simplified interface to support new ways of bringing employees, processes, and

technologies together;

instant access to buyers and suppliers across the supply chain;

fast and flexible integration with pre-built connectors to ERP, CRM and Market

data

   About Eka Software Solutions

    Eka is a global leader in providing innovative, cloud driven solutions that

help digitize and improve business functions across supply chain and financial

management. Read more at www.eka1.com .

    Contact:

    Sharmita Mandal

    Head Global Communications

    Eka Software Solutions

    Sharmita.mandal@eka1.com

    Source: Eka Software Solutions