VAKT Holdings Limited
VAKT Holdings Limited operates a blockchain-based SaaS platform for physical post-trade processing of energy commodities, serving oil majors, trading houses, and commodity traders with digital trade confirmation, logistics, and actuals management modules integrated via APIs.
- Company typePrivate
- Founded2018
- HeadquartersLondon, United Kingdom
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What VAKT Holdings Limited does
VAKT Holdings Limited operates a blockchain-based digital ecosystem for physical post-trade processing of energy commodities, headquartered in London with offices across Europe (UK, Portugal) and India. Founded in 2018 as a consortium-backed initiative by BP, Shell, Equinor, Gunvor, Koch, Mercuria, and banks ABN Amro, ING, and Société Générale, the company launched the world's first live enterprise-grade blockchain platform for commodity post-trade processing in November 2018. The platform is offered as a SaaS solution deployed on AWS, combining private distributed ledger technology for immutable, tamper-proof trade records with AI for document parsing and structured data extraction.
The product portfolio comprises three core modules: vSure handles trade confirmation and validation with legally binding digital affirmations; vLogistics manages smart nominations and logistics across ETRMs, terminals, and inspectors; and vActuals provides blockchain-stamped actuals covering quantity, quality, timelog, and documents. A freemium product (VAKT Lite) extends limited access to invited counterparties, while VAKT Agentic Logistics represents an emerging autonomous multi-agent AI system covering the full operations desk. The platform integrates bilaterally with customer ETRM systems via APIs capturing over 100 fields and maintains direct data feeds from major inspectors (SGS, AmSpec, Bureau Veritas, Camin Cargo).
VAKT serves a concentrated customer base of oil majors and commodity trading houses, including Shell, BP, TotalEnergies, Aramco, Chevron, Reliance, Gunvor, Mercuria, and Koch, many of whom are also strategic investors. The company has achieved 70% market share of NWE Barges trades and is expanding into Asia and global vessel trades. Revenue is generated through enterprise SaaS subscriptions with negotiated contracts, supported by ISO/IEC 27001:2022, ISO/IEC 27017:2015, and SOC 2 Type II certifications. Reported customer outcomes include $8 million average annual savings, 30% efficiency gains on operations, and 20 minutes saved per spot contract.
VAKT Holdings Limited firmographics
Firmographics- Name
- VAKT Holdings Limited
- Legal name
- VAKT Global Limited
- Website
- https://vakt.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- VAKT Holdings Limited operates a blockchain-based SaaS platform for physical post-trade processing of energy commodities, serving oil majors, trading houses, and commodity traders with digital trade confirmation, logistics, and actuals management modules integrated via APIs.
- Ownership category
- akta.pro rank
VAKT Holdings Limited industry classification
Industry- Product category
- Commodity Post-Trade Processing Software
- NAICS
- Securities and Commodity Exchanges (523210), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Clearing, Settlement & Trade Processing (FSADAJAE)
- akta.pro secondary industry
- Regulatory Reporting, Tax & Audit Trails (reconciliation, provenance) (FSAPAJAI)
Keywords
Where VAKT Holdings Limited is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices2 records
Markets served
VAKT Holdings Limited business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales
Revenue model
- SaaS Platform Subscription: VAKT operates as a SaaS provider offering the VAKT Platform to corporates for a fee under separate terms and conditions. The platform provides digital ecosystem for physical post-trade processing of commodities trades and management of related trade lifecycle activities. A freemium version (VAKT Lite) is available without charge.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Others | VAKT Lite Freemium |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels5 records
VAKT Holdings Limited product offering
Product offeringCore offering
VAKT operates a blockchain-based digital ecosystem for physical post-trade processing of energy commodities, providing trade confirmation and validation (vSure), smart nominations and logistics management (vLogistics), and global actuals management (vActuals) on a private distributed ledger. The platform replaces paper contracts and manual processes with digitally affirmed trades, secure communication, and tamper-proof records accessible to trading counterparties, terminals, and inspectors via API integration.
Product overview
VAKT is a blockchain-based commodity post-trade processing platform offered as a unified platform-plus-modules architecture. The core platform provides secure, immutable, and private exchange of commercial information underpinned by distributed ledger technology. Three main product modules work together: vSure handles trade confirmation and validation, vLogistics manages nominations and logistics operations, and vActuals handles actuals data (quantity, quality, timelog, documents). A freemium version (VAKT Lite) provides limited access, while VAKT Agentic Logistics represents an emerging autonomous AI system for operations automation.
Differentiator
Problem solved
Functional benefit
Brands
- vSure: Trade confirmation and validation product that delivers legally binding digital affirmations, eliminating paper contracts and reducing disputes in physical oil trading.
- vLogistics
- vActuals
Products and services
- vSure Trade confirmation and validation product that delivers legally binding and digitally affirmed trades, eliminating paper contracts and costly oil trading disputes through advanced pairing, discrepancy detection, discrepancy resolution, and secure communication with all actions recorded on blockchain. Designed for energy trading companies, oil majors, and commodity trading houses.
- vLogistics Logistics and nominations management module that automates, standardizes, and digitizes all inbound and outbound physical oil trading logistics data and documents. Provides smart nominations and a live connection between ETRMs, terminals, and inspector systems for energy trading counterparties.
- vActuals Actuals data management solution that reduces fraud risk by gathering information at source (quantity, quality, timelog and documents) and stamping it on blockchain. Provides a single, secure, high-quality information source for actuals from multiple terminals and inspectors worldwide, used by energy traders and inspection firms.
- VAKT Platform Blockchain-based commodity post-trade processing platform that creates a single source of truth for commodity transactions. Built on private distributed ledger technology for secure, immutable, and private exchange of sensitive commercial information between network participants, integrating AI for document processing and ETRM APIs for bilateral data exchange.
- VAKT Lite
Quantifiable outcome
- 30% efficiency gain on operations
- +5 more outcomes
Companies that use VAKT Holdings Limited
Customer profileNamed customers9 records
Segments3 records
Ideal customer profiles2 records
VAKT Holdings Limited technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
AI capability6 records
Feature6 records
VAKT Holdings Limited partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and strategic.
- SGScoreSGS, the world's leading global testing, inspection and certification company, partnered with VAKT to launch VPD (VAKT Product Database), the first-ever reference dataset for traded refined products and crude grades. SGS also provides digital inspector data shared securely via blockchain from source systems.
- Bureau VeritascoreBureau Veritas, world leader in laboratory testing, inspection and certification services, joined the VAKT network to provide digital inspection data integration.
- AmSpeccoreAmSpec joined the VAKT platform enabling traders to communicate global inspection nominations to AmSpec and receive results directly within the VAKT environment. Direct API integration for inspection data.
- Enterprise Ethereum Alliance (EEA)strategicVAKT joined the Enterprise Ethereum Alliance, the world's largest open source blockchain initiative, to pioneer development of industry-wide post-trade processing platform.
- DeloittestrategicStrategic alliance with Deloitte for ecosystem engagement and advisory support in commodity trading and risk management. Deloitte assisted with development and industry adoption strategy.
- ThoughtWorksstrategicAppointed as technology partner for platform development. ThoughtWorks provided technical expertise to build the blockchain platform and digital technology business.
- Camin CargocoreCamin Cargo provides digital inspector data shared securely through VAKT's blockchain platform from source systems.
- AWS (Amazon Web Services)coreVAKT operates on AWS cloud infrastructure with resilient and compliant services. AWS handles physical and virtual security aspects as part of shared responsibility model.
Scale indicators7 records
Recent moves8 records
Expansion highlights5 records
VAKT Holdings Limited competitors and assessment
Company assessmentBroad incumbents
- ION Group (Openlink, Allegro, Aspect): Dominant ETRM/CTRM software provider with the largest installed base of commodity trading risk management systems at oil majors and trading houses. Directly comparable as the incumbent whose ETRM systems VAKT must integrate with, and the most credible competitor if they add native post-trade blockchain capabilities.
- Finastra: Large global financial technology vendor serving banks and corporates with treasury, trade finance, and capital markets infrastructure. Comparable as a broad incumbent in trade-related financial software that could expand into blockchain-based post-trade commodity processing.
- ICE (Intercontinental Exchange): Major global exchange operator providing commodity benchmarks, trading, and post-trade services including clearing. Comparable as an institutional infrastructure provider serving commodity markets with adjacent clearing, settlement, and trade processing capabilities relevant to physical commodities.
Direct peers
- Eka Software Solutions: Provider of CTRM/ETRM software for commodity trading enterprises, including oil, gas, and agricultural commodities. Comparable as a platform targeting similar energy trading customers for trade lifecycle management, and a potential consolidator or competitor in adjacent post-trade automation.
- Komgo: Blockchain-based trade finance network founded by a consortium of energy and commodity trading companies including Shell, BNP Paribas, and ING. Closely comparable business model — consortium-governed distributed ledger for trade-related workflows in commodities — though focused on trade finance rather than post-trade processing.
- TradeIX (Marco Polo Network): Blockchain-based trade finance platform built on R3 Corda with consortium of global banks and corporates. Comparable as a consortium-governed enterprise blockchain targeting trade lifecycle workflows in commodities and finance, though focused on the financing rather than post-trade confirmation layer.
- essDOCS: Provider of electronic trade document management solutions for commodity trading, particularly for bills of lading and inspection documents. Comparable as a technology vendor digitizing paper-based commodity trade documentation, with overlapping use cases in physical oil trade operations.
Emerging players
- Quorum (ConsenSys/Consensys): Enterprise-focused Ethereum-based blockchain platform historically used by financial institutions. Comparable as enterprise blockchain infrastructure that could underpin competing commodity post-trade networks, and a credible technical alternative for consortium governance.
- Enverid (formerly Hubfin) / Traydstream: Trade document automation and compliance platform for trade finance, using AI/ML to digitize and verify trade documents. Comparable as a technology-led entrant targeting automation of paper-based trade workflows, with potential overlap on AI document processing.
Regional players
- Mphasis Trade Finance Solutions: IT services and digital solutions provider with trade finance and supply chain offerings for financial institutions and corporates. Comparable as a technology provider targeting digitization of trade finance workflows, with stronger presence in India/Asia where VAKT is expanding.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
VAKT Holdings Limited social profiles
Digital presenceVAKT Holdings Limited compliance and trust
Trust signalCompliance4 records
VAKT Holdings Limited financial estimates
Financial estimateRevenue estimate
Valuation estimate
VAKT Holdings Limited leadership team
Management profileNumber of profiles
Profiles4 records
VAKT Holdings Limited funding detail
Funding detailFunding overview
Funding rounds4 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
VAKT Holdings Limited M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about VAKT Holdings Limited
What does VAKT Holdings Limited do?
VAKT operates a blockchain-based digital ecosystem for physical post-trade processing of energy commodities, providing trade confirmation and validation (vSure), smart nominations and logistics management (vLogistics), and global actuals management (vActuals) on a private distributed ledger. The platform replaces paper contracts and manual processes with digitally affirmed trades, secure communication, and tamper-proof records accessible to trading counterparties, terminals, and inspectors via API integration.
Is VAKT Holdings Limited a public or private company?
VAKT Holdings Limited is a private company. It is classified as venture growth investor backed and is currently operating.
When was VAKT Holdings Limited founded?
VAKT Holdings Limited was founded in 2018. It employs 51 to 100 people.
Where is VAKT Holdings Limited based?
VAKT Holdings Limited is headquartered in London, United Kingdom, in the Europe region.
How does VAKT Holdings Limited make money?
One revenue line is on record: saaS Platform Subscription.
Who are VAKT Holdings Limited's main competitors?
Broad incumbents on record are ION Group (Openlink, Allegro, Aspect), Finastra and ICE (Intercontinental Exchange). Direct peers are Eka Software Solutions, Komgo, TradeIX (Marco Polo Network) and essDOCS. Emerging players are Quorum (ConsenSys/Consensys) and Enverid (formerly Hubfin) / Traydstream. Mphasis Trade Finance Solutions is listed as a regional player.
Does VAKT Holdings Limited have an API?
Yes. VAKT APIs enable near real-time data and document updates across network participants, helping to speed the flow of information while facilitating connections to new ecosystem participants faster. APIs provide flexibility to configure data feed into ETRM systems with over 100 fields captured through bilateral integration, ensuring seamless data exchange and automatic updates in customers' ETRM systems. The platform supports API connections with inspectors to directly source data from inspector systems.
What industry is VAKT Holdings Limited in?
VAKT Holdings Limited's product category is Commodity Post-Trade Processing Software. Its primary akta.pro industry code is FSADAJAE, Clearing, Settlement & Trade Processing, with a secondary code of FSAPAJAI, Regulatory Reporting, Tax & Audit Trails (reconciliation, provenance). Its NAICS code is 523210 and its SIC code is 6200.