New York, NY and Austin, TX (October 5, 2021) — 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’ 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.
