VAKT

Name: VAKT
Brand: Shell Trading Rotterdam and Gunvor

VAKT is digitising the global oil trading industry, creating a secure, trusted ecosystem, powered by blockchain.

Est 2018|Valuation $151.2M|Raised $33M|25 Ref Customers

LinkedIn 8K|Website|FTEs 51|HQ London, England, GB

- VAKT and komgo initially targeted complementary parts of digitization (post-trade confirmations vs trade finance); integration between such networks can be complementary if implemented, or require custom integration if not. - CTRM/ETRM suites can provide broad front-to-back trading functionality, but standardized counterparty confirmations require compatible workflows on both sides of a trade. A networked approach can address bilateral confirmation friction if counterparties participate. - Alternatives that provide broader ETRM functionality may deliver greater internal ROI for firms seeking a single vendor for trading, risk, scheduling, settlement, and accounting, making a network product an add-on rather than a replacement in many cases.

01Competitive Landscape

Narrative analysis

VAKT and komgo initially targeted complementary parts of digitization (post-trade confirmations vs trade finance); integration between such networks can be complementary if implemented, or require custom integration if not.
CTRM/ETRM suites can provide broad front-to-back trading functionality, but standardized counterparty confirmations require compatible workflows on both sides of a trade. A networked approach can address bilateral confirmation friction if counterparties participate.
Alternatives that provide broader ETRM functionality may deliver greater internal ROI for firms seeking a single vendor for trading, risk, scheduling, settlement, and accounting, making a network product an add-on rather than a replacement in many cases.

	VAKT	komgo	Enuit ENTRADE
Starting Price	Not publicly listed (enterprise quote)	Not publicly listed (enterprise network)	Not publicly listed (demo/quote typical)
Best For	Large energy/commodity firms needing shared post-trade confirmations and discrepancy resolution with counterparties	Commodity trade finance digitization and bank connectivity	Firms requiring a full ETRM/CTRM suite from deal capture through invoicing
Key Strength	Shared counterparty record and discrepancy detection focused on confirmations	Banking and trade finance integration focus	End-to-end lifecycle coverage reducing need for multiple vendors
Key Weakness	Value depends on degree of network counterparty participation and requires integration/change management	May not address detailed post-trade confirmation workflows alone	Implementation scope and effort for full lifecycle replacements can be substantial

VAKT

01Competitive Landscape

Narrative analysis

02Market Map

01Competitive Landscape

Narrative analysis

02Market Map