komgo connects key players within different commodity markets with a number of trade finance providers. komgo is backed by 10 of the biggest trade finance institutions along with a number of trade houses and energy majors. The first request for trade finance was passed from the VAKT platform to komgo in December

ThoughtWorks is uniquely positioned to help VAKT turn an idea into a well-rounded, technology business, from advising VAKT on how to build a responsive technology organisation to executing the leading edge technology platform.

Deloitte were brought on board to assist with go-to-market strategy and eco-system development, engaging and supporting market participation and third parties to transact through VAKT. Deloitte have been selected by new customers to assist with technical on boarding.

OUR CORE PRINCIPLES

Trade Finance

VAKT is partnering with banks to create a marketplace for trade finance, ensuring banks compete to provide cost-effective financing options

VAKT is partnering with banks to create a marketplace for trade finance, ensuring banks compete to provide cost-effective financing options

Efficiency

VAKT offers a compelling value proposition, 30% – 40% efficiency and trade finance savings in post-trade processing

VAKT offers a compelling value proposition, 30% – 40% efficiency and trade finance savings in post-trade processing

Cyber Security

The magic of blockchain is the ability for two parties that don’t trust each other to nonetheless share the limited information they both need to both make better independent decisions

The magic of blockchain is the ability for two parties that don’t trust each other to nonetheless share the limited information they both need to both make better independent decisions

INVESTORS

OUR TEAM

CERTIFICATIONS

Cyber Essentials Plus is a UK Government-backed, industry-supported certification scheme introduced in the UK to help organizations demonstrate operational security against common cyber-attacks.

It demonstrates the baseline controls VAKT implements to mitigate the risk from common Internet-based threats, within the context of the UK Government’s “10 Steps to Cyber Security“.

Cyber Essentials sets out the necessary technical controls; the related assurance framework shows how the independent assurance process works for Cyber Essentials Plus certification through an annual external assessment conducted by an accredited assessor.