Marubeni deploys Eka’s Next-Gen CTRM Software Solution

Eka Software Solutions announced that Marubeni has selected Eka’s Smart Commodity Management platform to manage commodity trading and risk management for its agricultural operations.

The fully integrated, end-to-end platform provides straight-through processing of commodities for the front-, middle-, and back-office. It provides analytics and decision support tools needed by companies that manage commodities.

“Our rapid global growth necessitated that we upgrade to a next-generation CTRM software solution with the most robust trading and risk management functionality,” said Jun Tsubaki, chief financial and administrative officer, Marubeni Grain and Oilseeds Trading. “Using Eka’s solution has allowed us to increase our trading volume with the same number of people. We have better visibility, better control of risk, better management of foreign exchange exposures, and can more effectively meet corporate governance requirements than was ever possible with our previous system.”

Marubeni is using Eka’s InSight CM - Agriculture, an end-to-end commodity management platform for managing physical trading, procurement, logistics, storage and handling, processing, and risk across the agriculture supply chain. The software is suitable for a wide range of agri-commodities including grains, oilseeds, dairy, livestock, feed ingredients, biofuels, and fertilizers. By providing up-to-date, accurate information throughout the supply chain, the agribusiness trading and risk software enables agriculture companies to better manage volatility in commodity prices, and view positions and exposures in real-time. With InSight CM - Agriculture, commodities companies can run scenarios that show the effect of changes on a company’s operating margin so they can maximize profits.

Headquartered in Tokyo, Japan, Marubeni provides products and services in a broad range of industries including food, textiles, pulp and paper, chemicals, energy, metals and mineral resources, transportation machinery and trading.