More post-trade efficiency
“How can we make the international commodities shipping process faster and simpler?” That’s the challenge we set out to solve with Covantis, an industry-led initiative to modernise the way we manage post-trade execution processes.
For a stronger network
Covantis is being developed by the commodities trading and shipping industry for the commodities trading and shipping industry. Our goal is to create more efficiency and value for all of us.
We’ll do that by using forward-thinking technology to replace archaic and redundant processes. Neutral yet robust technology means all of us can leverage digitalisation to improve information flows—with total security.
We believe that collaboration is the best approach
The initiators of Covantis collaborate as open, transparent representatives of the industry. But the collaboration doesn't end with the platform’s founding members. Any industry participant is welcome: a wide collaboration supports our mission to serve the agri commodities industry.
We regularly invite industry participants to give feedback on the platform’s design and functionality. These participatory workshops are invaluable to testing and validating our progress with Covantis and ensuring that our solution will be one for the entire industry.
We're constantly expanding our network from commodity trading companies to end-buyers, shippers, agents, supervision companies, trade associations, and more. The response to the Covantis initiative has been immensely positive so far.
The founding members
Looking further ahead
The Covantis platform is scheduled to launch in 2020, pending regulatory approvals.
Covantis understands our industry’s challenges. We know that our continued success depends on efficient execution processes, data security and contractual accountability.
We’re working with a long-term view. With our combined experience and execution capabilities, we can move forward together.
Interested in following our progress? See the highlights to learn about our workshops, gain insights from our expanding network and get updates on our development phases.
How you can participate
If you’re looking for ways to go beyond outdated, incompatible legacy systems and frameworks, we’d like to learn more about your post-trade execution experiences.
Email us so we can discuss your system needs, along with the benefits of joining our industry network.