Gain a Consolidated View of Real-Time P&L with Commodity Analytics

Commodity markets have become extremely volatile, a trend that shows no signs of changing for the foreseeable future. Companies need the capability to analyze P&L with advanced predictive analytics and simulations. (See "The Need for Commodity Analytics in Commodity Management Software.") Large sets of internal and external data should be analyzed in real-time to take advantage of opportunities and mitigate risks. When changes to P&L are captured in real-time, companies are prepared if, for instance, a significant move in market prices happens, an unplanned trade opportunity presents itself, or an unexpected risk appears.

Gain Complete Insight into Real-Time P&L

Eka's P&L Analysis app revalues P&L in minutes. This provides a competitive advantage to commodities companies as it enables users to take appropriate actions in response to changes in the market. Users can analyze multiple scenarios in parallel; for example, against current market prices, increasing prices, and decreasing prices. With the P&L Analysis app, users minimize losses and maximize profits.

Users can set up monitors to focus attention when thresholds are approached or met. Monitors are extremely customizable and users set up their own monitors to meet the requirements of their role. The information is displayed in an easy to understand format. All data and charts can be drilled down to a detailed or individual trade level for additional analysis and understanding. The app provides interactive visualizations for enhanced insights.

Benefits of Eka's P&L App

• Make the most profitable trading decisions with real-time P&L that includes the latest market data and trading activity.
• Identify exposures at the earliest possible time instead of waiting for end-of-day reports.
• Gain a single view of P&L.
• Spot potential data entry errors quickly to ensure accurate P&L and meet corporate governance requirements.
• Determine areas of the business that need management focus in real-time while market prices are changing.

Eka’s Commodity Analytics Cloud is powered by its Intelligence Engine.
The engine performs high speed calculations in an in-memory data grid to deliver predictive and prescriptive analytics. The models analyze the vast collection of internal and external data as well as structured and unstructured data. The Intelligence Engine is not bound by volume or memory constraints and utilizes state-of-the-art pattern recognition and learning algorithms to optimize decision making. Eka’s team of data scientists are continually updating the algorithms based on real-world results to ensure perpetual forecasting improvement.

Features of Eka's P&L App

• Upload new market curves to reevaluate P&L in minutes.
• Answer questions directly without delay instead of relying on analysts and IT to run analyses.
• Run complex simulations and scenarios against current market prices, increasing prices, and decreasing prices.
• Drill down to trade level for deeper analysis.
• Set up monitors that highlight when certain thresholds are met.

Eka's P&L App is available as part of Eka's Commodity Analytics Cloud platform. With Commodity Analytics Cloud, commodities companies can harness the data from all internal and external applications (such as ETRM, CTRM, ERP, CRM, spreadsheets, weather data, and market feeds) to get necessary insights.