Eka Software Solutions, the leading cloud platform for digital innovation, announced a collaboration with Enverus, the world’s leading energy data analytics and SaaS technology company, to help energy traders to offer new solutions for better risk management and better 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 forex. The combination can accelerate project implementations and results by linking the Enverus data processing API to a cloud data warehouse to integrate disparate data, tools and analysis into a repository.
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“Customers trading in energy markets need timely market data to manage their income and expenses, b******, risk reports and more,” said Manav Garg , CEO of Eka . “We are excited to be working with Enverus to help energy companies Make more informed decisions and improve risk reporting. ”
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“Instead of building a one-off interface that would have to be managed by an in-house IT team, we introduced a pre-built connection between Enverus Trading & Risk Solutions and Eka,” said Simon Crisp , Enverus Trading & Risk General Manager . “Accelerated for an energy company and a prefabricated connector relieves the implementation and reduces the long-term support requirements of your market data and ETRM connections. ”
The speed with which energy traders can access and understand data is critical to their ability to respond to disruptive events, set strategy, and grow.
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