Commodity markets are complex and volatile and becoming more and more so, especially within the energy market. With oil prices down and margins being squeezed, power and natural gas companies need more than just a first-generation ETRM software system to manage trading and risk. They need the capability to analyze P&L with advanced predictive analytics and simulations to take advantage of opportunities and mitigate risks.
Power and gas companies typically have large sets of internal and external data which they struggle to bring together and analyze in real-time. Eka’s Commodity Analytics Cloud P&L app enables businesses to revalue their P&L throughout the day, run complex simulations and scenarios, drill down to trade level for deeper analysis, and monitor KPIs to make the most profitable trading decisions. Powered by its Intelligence Engine, the app processes millions of data entities in seconds and delivers the analysis required to make optimized, fact-based business decisions.
In this 4-minute video you'll get a quick overview of the powerful features of the P&L app and learn how you can start making the most profitable trading decisions today. See how the app helps answer common questions such as: