Company Research Report: Quor Eka

Company Overview

• Name: Quor Eka

• Mission: Empower businesses to navigate market volatility, increase margins, and reduce operating costs through advanced trading and risk management solutions.

• Founded: No specific founding date provided for Quor Eka, but it is mentioned that they have 19 years of experience.

• Key People:

• Bruce Boytim, CEO: With over 20 years of experience in financial services and technology, Bruce leads Quor's strategic vision.

• Fabienne Kangayan, CFO: Formerly with Deloitte UK, leading finance, legal, and HR at Quor Eka.

• Mumu Pande, Global COO: Responsible for vision, strategy, and execution of Quor’s Cloud Platform.

• Brian Quinn, Global Head of Sales: Based in New York, responsible for sales and growth in the Americas.

• Headquarters: London, United Kingdom

• Number of Employees: No information is available

• Revenue: No information is available

• Known For: Providing cutting-edge digital commodity management solutions to the commodity trading industry.

Products

• Commodity Trading and Risk Management (CTRM) Solutions:

• Description: Covers the entire trading lifecycle, including procurement, risk management, regulatory compliance, and more.

• Key Features: Ability to run simulations, analyze complex scenarios, manage positions and derivatives.

• Eka Cloud Platform:

• Description: A comprehensive cloud-based platform offering automated workflows and analytics across the trading lifecycle.

• Key Features: Single-source data consolidation, seamless UI, scalable capabilities, and enterprise-grade security.

• Energy Trading and Risk Management (ETRM) Solutions:

• Description: Specializes in energy commodities, providing end-to-end trade management.

• Key Features: Comprehensive risk management across various energy markets.

Recent Developments

• Merger: Quor and Eka have merged, significantly broadening their capabilities in the commodity trading market.

• Awards:

• Quor was presented with two Chartis Category Leader Awards in 2024 for excellence in CTRM and ETRM sectors.

• New Leadership: Bruce Boytim was named the new CEO of Quor Group.

• Customer Implementations: Completed 23 new customer implementations, strengthening focus on customer success in 2022.

• Recognition: Quor Group was acknowledged for innovative leadership in the CTRM and ETRM sectors.

• Notable Clients: Mewah Group and Precious Shipping have chosen Eka's solutions to enhance their sustainability reporting.

Products and Solutions Breakdown

• Agriculture Solutions:

• CTRM: Comprehensive solution for the agriculture sector including warehouse management.

• Metals & Mining Solutions:

• CTRM: Features stockyard management to enhance operational efficiencies.

• Energy Solutions:

• ETRM: Engages in comprehensive risk and trade management for energy commodities.

Conclusion

Quor Eka stands as a leader in providing comprehensive commodity trading and risk management solutions. With a robust cloud platform and a focus on digital transformation, the company is well-positioned to help businesses navigate the complexities of commodity markets. The merger with Eka and recent awards highlight the company’s innovative leadership and commitment to excellence.