PR92122

NEW YORK and AUSTIN, Texas, Oct. 5, 2021 /PRNewswire=KYODO JBN/ --

    Eka Software Solutions, the leading cloud platform for digital innovation,

today announced a collaboration with Enverus, the leading global energy data

analytics and SaaS technology company to provide energy traders new solutions

for improved risk management and decision-making.

    Eka will offer a pre-built connector on its Energy Trading and Risk

Management Platform for seamless access to Enverus' MarketView and CurveBuilder

data, including forward curves, settlement prices and foreign exchange. The

combination can accelerate project implementations and results by linking

Enverus's data API with a cloud data warehouse to integrate disparate data,

tools and analytics into one repository.

    "Customers trading in energy markets need timely market data to manage

their P&L, settlements, run risk reports, and more," says Manav Garg, CEO, Eka.

"We're excited to work with Enverus to help energy businesses make more

informed decisions and improve risk reporting."

    "Instead of building a one-off interface that would have to be managed by

an in-house IT team, we have rolled out a pre-built connector between Enverus'

Trading & Risk Solutions and Eka," said Simon Crisp, Enverus Trading & Risk

General Manager. "For an energy business, a pre-built connector expedites and

de-risks implementation and reduces the long-term support requirements of their

market data and ETRM connection."

    The speeds at which energy traders can access and understand data is

crucial to their ability to respond to disruptive events, set strategy and

achieve growth.

    About Eka Software Solutions

    Eka Software Solutions is a global leader in providing innovative, cloud

solutions that unify a whole range of workflows from procurement to payments.

Its platform driven solutions for commodity and supply chain management,

source-to-pay, treasury and sustainability help customers to overcome complex

challenges and accelerate their digital journey in an environment of continuous

change. See: eka1.com.

    About Enverus

    Enverus is the leading energy SaaS company delivering highly-technical

insights and predictive/prescriptive analytics that empower customers to make

decisions that increase profit. Enverus' innovative technologies drive

production and investment strategies, enable best practices for energy and

commodity trading and risk management, and reduce costs through automated

processes across critical business functions. Enverus is a strategic partner to

more than 6,000 customers in 50 countries. Learn more at Enverus.com.

    Media Contacts:

    Eka: Sharmita Mandal sharmita.mandal@eka1.com

    Enverus: Jon Haubert | 303.396.5996

    Source: Eka Software Solutions