Bangalore, India (PressExposure) June 19, 2009 -- Eka Software Solutions the leading provider of commodity trading software, announced today that AWB (ASX: AWB) has selected Eka for its grain trading, operations and risk management in Europe and India. The implementation is a vital part of AWB's Global IT strategy to have a common software platform for all of its geographically dispersed agri operations.
âWe needed a product with the capability to manage our diverse business operations â origination, trading, domestic, exports and imports, risk management, storage and distribution. Equally important, we were looking for a company that has the development and delivery organization that will be there as a long term partner or AWBâs growing needs. After a highly detailed vendor selection process, we choose Eka. What clearly differentiates Ekaâs product is that it is designed from the ground up as a system for meeting the physical requirements of the global agri business. This is very unique and unlike other products in the marketplace that are âadaptedâ from other commodity markets. Ekaâs technology platform is ârealâ and âcurrentâ - pure JAVA and Web 2.0. And their professional, transparent approach to the whole engagement makes us feel very comfortable in working with them.â Says Byron Collins,
General Manager â Technology & Business Services, AWB.
The Eka solution will be used to manage all commodity operations including physical trading, domestic and export logistics operations, storage and consolidation, risk management, finance and business intelligence, including interfacing with SAP Manav Garg, CEO & Founder of Eka, adds: âWeâre thrilled to be working with AWB. It cements Ekaâs position as the number 1 solution for the agri commodities business. Managing complex global operations in churning markets and its associated risks is a huge challenge for any company. You need a highly responsive, sophisticated, and technologically evolved product, and Eka is uniquely placed in its abilities to meet these challenges. We look forward to rolling out the solution globally for AWB.â
AWB Limited is Australia's leading agribusiness and employs more than 2,200 people across more than 500 points of presence in Australia, India, Brazil, Switzerland and Singapore to the Peopleâs Republic of China and Japan. Seventy-six percent of their employee population works in rural and remote communities. AWBâs client base extends to 110,000 customers, serviced by three core business streams: Landmark Rural Services, Financial Services and Commodity Management. The geographic spread of their activities now sees 40% of earnings from outside of Australia, reflecting the businessâ successful growth and diversification strategy.â
To know more please visit http://www.awb.com.au