Bangalore, India (PressExposure) November 28, 2009 -- Eka Software Solutions, the leading provider of commodity trading and risk management software, has been included in this year's Deloitte Technology Fast 50 program for India. This award comes in quick succession of Eka recognition as a Nasscom Emerge 10 company and being featured on Silicon India's Top 10 product companies for 2009.
Deloitte Tech Fast 50 is a platform created to recognize the fastest 50 companies by comparing their three-year revenue growth. Deloitte Technology Fast 50 India program is the region's most objective industry-ranking standard to focus on the technology field. It's mandate is to recognize the effort and dedication of the 50 fastest-growing technology companies and includes all areas of technology, from Internet to biotechnology, from medical and scientific to computers / hardware. It includes both public and private companies.
"The Deloitte Fast 50 is a marquee list of some of the most successful Indian technology companies, and we are excited and delighted to receive this recognition. It is a result of the dedication and commitment of the Eka team and a testimony of our business model which is based on specialization and building expertise in the niche physical commodity trading segment." Says Mr. Manav Garg, CEO & Founder, Eka Software Solutions.
Eka is a market leader in software for global commodity markets as a result of its one-of-a-kind product which comprehensively addresses the requirements of commodity businesses worldwide. Eka's proprietary algorithms help large commodity companies' measure and manage their commodity positions, P&L, mark-to-market in real time. Additionally, it helps organization manages their exposures across counterparty, operational, internal and market risk. Using Eka, companies are able to hedge effectively, reduce costs and manage risks more effectively.
"The Deloitte Tech Fast 50 is a recognized industry ranking and it helps build credibility and attract potential business partners for the organizations that feature in the rankings. Despite the large diversity among the winning companies, they all have one thing in common - exponential revenue growth over the last three years," Says Mr. P. N. Sudarshan, Senior Director, Deloitte India.