ClearOpx
ClearOpx provides an AI-powered Operations Trade Risk Management (OTRM) SaaS platform that automates trade capture, confirmation, operations, finance, and payment workflows for commodity and energy trading firms. It serves enterprise customers across oil, gas, agriculture, and metals globally via direct sales and channel partnerships.
- Company typePrivate
- Founded2019
- HeadquartersStamford, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What ClearOpx does
ClearOpx (formerly ClearDox) is a private US-based SaaS company that provides an AI-powered Operations Trade Risk Management (OTRM) platform for the commodity and energy trading industries. Founded in 2019 and headquartered in Stamford, Connecticut, the company sells a subscription-based platform to energy firms, agriculture traders, commodity brokers, and state oil companies across North America, Europe, the Middle East, and Asia Pacific. ClearOpx targets the operational layer of commodity trading that existing CTRM and ETRM systems do not address: trade capture, trade confirmation, operations intelligence, finance optimization (including letters of credit examination under ICC UCP 600 and ISBP), and payment processing. The platform is built on agentic AI combined with a hybrid Intelligent Document Processing stack that combines OCR, NLP, and machine learning models selected per document type, and is supported by an LLM-powered CoPilot assistant introduced in 2024.
The platform is composed of a core OTRM engine plus a suite of modular Intelligent Applications (Trade Capture, Trade Confirmation, Operations Intelligence, Finance Optimization, Payment Processing) that automate end-to-end workflows across the trade lifecycle. ClearOpx integrates with existing CTRM, ETRM, and ERP systems without replacing them, positioning as an operational intelligence layer that handles unstructured data from Excel, PDF, CSV, FTP, and fax formats. The technology is purpose-built for commodity-specific workflows, with separate solution paths for Energy and Agriculture verticals. Named enterprise customers include Vitol, ADNOC, Sumitomo, StoneX, SOCAR, Occidental Petroleum, Gulf Oil, Freepoint, and PBF Energy, among others.
ClearOpx generates revenue primarily through annual SaaS subscriptions (77% of 2023 revenue) supplemented by professional services for implementation, integration, and onboarding. The go-to-market motion combines direct enterprise sales, strategic channel partnerships with CTRM/ETRM vendors (Quor) and implementation consultancies (BBGC), and event-driven demand generation through major industry conferences. Pricing is quote-based and negotiated per customer scale and use case complexity. The company achieved SOC 2 Type 2 compliance in 2024, holds a Chartis Energy50 top-half ranking for 2025, and was named FIA Innovator of the Year in 2023. In May 2026, ClearDox rebranded to ClearOpx alongside the launch of the OTRM Platform.
ClearOpx firmographics
Firmographics- Name
- ClearOpx
- Legal name
- ClearDox LLC
- Website
- https://clearopx.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- ClearOpx provides an AI-powered Operations Trade Risk Management (OTRM) SaaS platform that automates trade capture, confirmation, operations, finance, and payment workflows for commodity and energy trading firms. It serves enterprise customers across oil, gas, agriculture, and metals globally via direct sales and channel partnerships.
- Ownership category
- akta.pro rank
Where ClearOpx is headquartered
LocationHeadquarters
- HQ city
- Stamford
- HQ country
- United States
- HQ region
- North America
Offices5 records
Markets served
ClearOpx business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- SaaS Subscription Licensing: ClearOpx operates as a SaaS platform offering subscription-based access to the OTRM platform and its intelligent applications. Customers license the platform to automate operational workflows across trade capture, confirmation, operations intelligence, finance optimization, and payment processing. The subscription model includes cloud hosting, support, and continuous updates.
- Professional Services & Implementation: Implementation and onboarding services to integrate the platform with client CTRM/ETRM and ERP systems, customize workflows, and train teams. The company works with clients to standardize processes globally and prioritize vendor onboarding.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise SaaS subscription with customizable intelligent applications |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels8 records
ClearOpx product offering
Product offeringCore offering
ClearOpx sells the ClearOpx OTRM Platform, an agentic AI-powered operational control tower that automates workflows across the commodity and energy trade lifecycle. The platform includes a suite of modular Intelligent Applications—Trade Capture, Trade Confirmation, Operations Intelligence, Finance Optimization, and Payment Processing—that process unstructured documents (PDF, Excel, CSV, FTP, fax) into normalized, validated data and orchestrate end-to-end trade operations alongside customers' existing CTRM/ETRM and ERP systems.
Product overview
ClearOpx offers the ClearOpx OTRM Platform — a unified, cloud-based operational automation platform purpose-built for commodity and energy trading. The platform is powered by agentic AI and delivers a suite of modular Intelligent Applications that sit atop the platform: Trade Capture, Trade Confirmation, Operations Intelligence, Finance Optimization, and Payment Processing. The platform also includes ClearDox CoPilot (an LLM-powered AI assistant introduced in 2024). Together, these components automate workflows from trade capture through payment processing, providing visibility, control, and risk reduction across the entire trade lifecycle — functioning as a parallel operational intelligence layer alongside existing ETRM and CTRM systems.
Differentiator
Problem solved
Functional benefit
Brands
- OTRM Platform: Operations Trade Risk Management platform powered by agentic AI for commodity and energy trading operations automation.
- Intelligent Applications
Products and services
- ClearOpx OTRM Platform Agentic AI-powered operational control tower that orchestrates and automates critical workflows across the commodity and energy trading lifecycle, functioning as a parallel operational intelligence and automation layer alongside CTRM and ETRM systems. Used by enterprise commodity trading firms and energy companies to automate trade capture, confirmation, operations, finance, and payment workflows.
- Trade Capture Intelligent Application Converts trader recaps into structured, validated trades with normalized data and controlled draft-to-trade workflows, automating the initial recording of trade details. Used by enterprise commodity traders and brokers to eliminate manual trade entry.
- Trade Confirmation Intelligent Application Reconciles confirmations, broker recaps, and internal records to validate trade terms and resolve discrepancies early in the trade lifecycle. Used by trading firms and brokers to validate terms before downstream processing.
- Operations Intelligence Intelligent Application Tracks operational events in real time while identifying risks that impact physical positions and financial exposure across supply chain and logistics. Used by enterprise commodity firms to gain real-time visibility and control over operational risk.
- Finance Optimization Intelligent Application Reconciles operational and financial data to validate costs, ensure accuracy, and support efficient settlement, including automated LC examination and document validation per ICC UCP 600 and ISBP rules. Used by enterprise commodity traders and trade finance teams to optimize financial outcomes and ensure LC compliance.
- Payment Processing Intelligent Application Automates invoice validation and reconciliation to streamline payment workflows, reduce errors, and ensure accurate, timely supplier payments. Used by commodity traders, brokers, and agriculture firms to automate high-volume invoice processing.
- ClearDox CoPilot (AI Assistant) AI-powered assistant leveraging Generative AI and LLM models to enhance intelligent application capabilities and provide conversational AI assistance across the OTRM platform. Used by operations and trade operations teams to handle more complex business use cases.
Quantifiable outcome
- 90-95% of settlement statements automatically processed (StoneX)
- +6 more outcomes
Companies that use ClearOpx
Customer profileNamed customers17 records
Segments4 records
Ideal customer profiles4 records
ClearOpx technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
AI capability7 records
Feature7 records
ClearOpx partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- BBGCcoreBBGC and ClearOpx partnered in March 2025 to deliver AI-powered operational automation solutions to commodity operations worldwide. The collaboration combines BBGC's deep industry expertise and CTRM implementation capabilities with ClearOpx's Commodity Intelligence platform. Clients gain access to streamlined operations, enhanced decision-making, and improved risk management through this partnership.
- Quor GroupcoreQuor and ClearOpx partnered in April 2024 to enhance commodity trading solutions by closing automation gaps across the trading lifecycle. Quor's CTRM clients gain access to ClearOpx's AI-driven intelligent applications for trade capture, confirmation, reconciliation, and payment processing. The partnership enables seamless integration into core workflows within Quor's platform.
- Aumni Techworks LLPminorIndia-based third-party organization providing personnel to support ClearOpx's marketing, business development, and customer support functions. Personal data may be shared with Aumni Techworks for marketing and service delivery purposes.
- Access UK LimitedminorSub-processor for employment records in the UK, used for processing job applications. ClearOpx shares candidate personal data with Access UK strictly for application processing purposes.
Scale indicators8 records
Recent moves10 records
Expansion highlights6 records
ClearOpx competitors and assessment
Company assessmentBroad incumbents
- UiPath: Leading robotic process automation (RPA) platform widely used for back-office automation including in commodity trading. Comparable as a broad incumbent whose generic automation tooling could substitute for some of ClearOpx's workflow automation, though ClearOpx argues commodity-specific AI is differentiated.
- Openlink Financial: Established CTRM/ETRM platform now part of ION Group, serving many of the largest commodity trading houses globally. Comparable as a broad incumbent covering end-to-end trade lifecycle that ClearOpx complements with operational automation.
- ION Commodities: Largest CTRM/ETRM software vendor globally with deep penetration at commodity trading firms. Comparable because ION already handles front-to-back trading workflows where ClearOpx layers operational intelligence; ION is both a competitive threat and an integration opportunity.
- TriplePoint Technology: CTRM vendor (also part of ION ecosystem) focused on commodity trading and risk management. Rick Nelson also led sales at TriplePoint prior to ClearOpx, making it a closely comparable incumbent serving overlapping customers.
Emerging players
- ABBYY: Intelligent document processing (IDP) vendor whose OCR and ML capabilities form a layer of ClearOpx's hybrid IDP approach. Comparable because ABBYY offers document extraction infrastructure that ClearOpx uses, and could be a substitute or partner for trade document automation.
- Molecule Software: Cloud-native ETRM/CTRM platform targeting mid-market commodity trading firms. Comparable as a newer entrant competing for similar operational and trading workflows at smaller commodity firms where ClearOpx also expands.
Direct peers
- Brady Technologies: Energy and commodity trading software vendor offering CTRM solutions and physical operations management. Comparable because it addresses similar operational workflows in energy and commodities trading that ClearOpx automates with AI.
- Eka Software Solutions: CTRM and commodity management platform serving agriculture, metals, and energy trading firms. Rick Nelson, ClearOpx's CEO, previously led sales at Eka, making this a closely comparable competitor in the same buyer personas and product categories.
- Quor Group: CTRM platform provider and ClearOpx's named integration partner, focused on commodity trading firms. Highly comparable because both serve the same commodity trading customer base, with Quor handling trade/risk analytics and ClearOpx layering operational automation on top.
Others
- DataRobot: Enterprise AI platform enabling custom machine learning model deployment. Comparable as an adjacent AI tooling vendor whose platform some commodity firms could use to build in-house equivalents of ClearOpx's trade document automation.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks1 record
Key highlights7 records
Customer concentration
ClearOpx social profiles
Digital presenceClearOpx compliance and trust
Trust signalCompliance4 records
ClearOpx financial estimates
Financial estimateRevenue estimate
Valuation estimate
ClearOpx leadership team
Management profileNumber of profiles
Profiles5 records
ClearOpx funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ClearOpx 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 ClearOpx
What does ClearOpx do?
ClearOpx sells the ClearOpx OTRM Platform, an agentic AI-powered operational control tower that automates workflows across the commodity and energy trade lifecycle. The platform includes a suite of modular Intelligent Applications—Trade Capture, Trade Confirmation, Operations Intelligence, Finance Optimization, and Payment Processing—that process unstructured documents (PDF, Excel, CSV, FTP, fax) into normalized, validated data and orchestrate end-to-end trade operations alongside customers' existing CTRM/ETRM and ERP systems.
Is ClearOpx a public or private company?
ClearOpx is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was ClearOpx founded?
ClearOpx was founded in 2019. It employs 11 to 50 people.
Where is ClearOpx based?
ClearOpx is headquartered in Stamford, United States, in the North America region.
How does ClearOpx make money?
Two revenue lines are on record. SaaS Subscription Licensing is the primary driver. The others are professional Services & Implementation.
Who are ClearOpx's main competitors?
Broad incumbents on record are UiPath, Openlink Financial, ION Commodities and TriplePoint Technology. Emerging players are ABBYY and Molecule Software. Direct peers are Brady Technologies, Eka Software Solutions and Quor Group. DataRobot is listed as an others.
Does ClearOpx have an API?
No public API is recorded for ClearOpx.