VAKT is recognized by Chartis as the category winner for Automation in Oil & Gas Post-Trade. Click here to learn more

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Trade at the
speed of trust

VAKT creates a single source of truth for commodity transactions. VAKT helps you create an accurate record of every physical oil trade, perform physical operations, allowing you to deliver or receive exactly what was agreed, and when it was agreed.

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TRUSTED BY INDUSTRY LEADERS

OUR Products

A suite of solutions for every step of your trade journey

vSure

vSure by VAKT eliminates errors that drain your profits, saving an average of $4.07 million per $100 billion in turnover. Eliminate paper contracts and replace with simple digital confirmation and affirmation of trade terms - therefore reducing risk and boosting efficiency.

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vLogistics

vLogistics reduces operational cost and effort by at least 30% due to it's live connection between ETRMs, terminal's and inspector's systems, facilitating the flow of digital communications. Smart nominations and advanced AI tools across all your counterparties both on and off platform.

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vActuals

Our actuals offering covers global actuals for both quantity, quality, timelog and documents. Our solution covers the quantity related data in a structured format received at source and securely distributed over blockchain to ensure no fraudulent intervention can occur.

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vSure

vSure by VAKT eliminates errors that drain your profits, saving an average of $4.07 million per $100 billion in turnover. Eliminate paper contracts and replace with simple digital confirmation and affirmation of trade terms - therefore reducing risk and boosting efficiency.

vLogistics

vLogistics reduces operational cost and effort by at least 30% due to it's live connection between ETRMs, terminal's and inspector's systems, facilitating the flow of digital communications. Smart nominations and advanced AI tools across all your counterparties both on and off platform.

vActuals

Our actuals offering covers global actuals for both quantity, quality, timelog and documents. Our solution covers the quantity related data in a structured format received at source and securely distributed over blockchain to ensure no fraudulent intervention can occur.

THE VAKT ADVANTAGE

Accuracy

Secure, private, trade records bilaterally compared between counterparties.

Efficiency

Streamlined workflows save
time & money

Trust

Secure platform builds
trust between partners

Innovation

Al and Blockchain technology
for a future-proof solution

OUR POWERHOUSE TECHNOLOGIES

Leveraging Al and Blockchain, VAKT streamlines workflows, automates tasks, and ensures secure, tamper-proof data that conforms to an Industry standard data format. Al extracts key data & automates processes. Blockchain delivers a secure, shared record of truth.

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Efficiency Gains

$8m

average savings per year

20 minutes

saved per spot contract

30%

Efficiency gain on your operations

THE PEOPLE BEHIND
OUR SUCCESS

Bart Bream

CTO

Tasja Botha

CEO

Richard James

CfO

What our users say

Jenny Sautreuil

General Manager Business Excellence

“Say goodbye to errors.”

"From now on, every trade will be automatically matched, ensuring perfect alignment of negotiated terms. Say goodbye to errors, misunderstandings, and logistical headaches."

Joerg Wienke

Senior Vice President for Commercial Operations

“Providing greater speed and security”

"We are happy to integrate VAKT’s vSure product into our contracts space. The transition to legally binding digital confirmations will streamline our contract management process, providing greater speed and security. The implementation and the functionalities of vSure will support our growth and operational excellence across the physical oil markets."

LATEST FROM VAKT

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VAKT standardizes inspector and terminal data enabling users to generate required insights from structured data
In today’s complex post-trade environment, actuals reconciliation often involves unstructured, inconsistent data flows — with inspector and terminal reports arriving in varying formats, through fragmented channels, and requiring manual reconciliation. vActuals by VAKT is designed to change that.
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VAKT standardizes inspector and terminal data enabling users to generate required insights from structured data
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 growth trajectory for the foreseeable future.
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Strategic Expansion in Asia
TOTSA legally confirms their physical North West European Barges (NWEB) contracts.
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.
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TOTSA legally confirms their physical North West European Barges (NWEB) contracts.

We’d Love to
hear from you!

Contact our experts to discuss how VAKT can transform your trade operations

Address

Level 39, One Canada Square
E14 5AB
London, United Kingdom

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