In today’s complex post-trade environment, actuals reconciliation often involves unstructured,

Strategic Expansion in Asia The crude oil and products flow in Asia has seen a significant upsurge in the recent years, the demand is triggered as 60% of the global population resides in this region, with a median age of 33 years’ across 4.83 billion people, this demand is on

Problem The client, a leading oil major and global trading company, sought to transition from inefficient, paper-based trade confirmations to a streamlined, digital process. They engaged VAKT to implement a solution that would digitize and standardize their post-trade confirmation procedures, initially focusing on the North West Europe (NWE) barges market.

Shell and Gunvor Implement vSure Product on VAKT Platform ‍ Shell Trading Rotterdam and Gunvor, two leading energy trading companies, have successfully implemented the vSure product on the VAKT platform to digitise contracts for North-West Europe Barges physical oil trades. ‍ The vSure platform marks a transformative improvement in post-trade

LONDON –VAKT, the company re-imagining commodity post-trade processing underpinned by blockchain, welcomes Saudi Aramco Energy Ventures (SAEV) as its latest investor with a $5m investment in new shares and Aramco Trading Company as a future platform user. SAEV joins VAKT’s current shareholder base of 12 investors, all among the world’s