January 27th, 2010 
Gary Vasey Last week, I had an opportunity to talk to Mr. Manav Garg, the CEO and Founder of Eka Software Solutions, about his company’s background, aims and objectives. Eka first appeared on CommodityPoint’s radar screen around a year ago as a vendor of non-energy Commodity Trading and Risk Management software highly ranked for its coverage of agricultural commodities. But Eka has made rapid progress and it has already established a presence in the metals space and now has a foothold in certain energy commodities too.
Trading Beginnings
Mr. Garg started out his career trading Green Coffee in Singapore helping to set up a Coffee desk for a trading company there. In the process of setting up those trading operations he “saw people talking about systems but found that almost everyone was actually using spreadsheets.” He left his trading job in 2001 and spent some time looking at what needed to be provided as a trading software solution utilizing his contacts in the industry and in 2004 his company, Eka, produced its first software solution for Coffee trading. Eka rapidly extended its software’s functionality across the agricultural commodities area launching a fully fledged product in 2006. As we got deeper into the market, “customers kept asking us about metals systems,” said Mr. Garg and so Eka added some metals specialists as employees and set about delivering a metals solution too. It was also soon made available as a part of the Eka solution.
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