Covantis

CircleOut is a great example of how efficiency is being achieved when a market comes together and adopts modern technologies. I still recall the days of being in execution and wondering why the process of finding circles is so manual. The traditional method is lead often to errors, confusion about status and mistakes in settlements. Luckily there is a better solution now! Interested to join? Reach out to info@covantis.io or send a DM.

Traders in EU string markets come together within Covantis to net positions before contract execution CircleOut launched today into the FOB Lower Rhine rapeseed meal market! 🚀 After the successful launch in South America and the FOB 6 Ports sunflower oil market, this marks another significant step in modernizing contract execution. 📈 Trading firms traditionally rely on email and phone calls, which are inefficient and error-prone, often leading to circles not being identified in time. With CircleOut, trading firms can manage all their contracts in a single place, automatically identify circles via contact-matching algorithms and resolve them, including settlement calculations. 🔗 The CircleOut network continues to grow in Europe with leading companies such as AAK, ADM, BayWa AG, Bunge, Cargill, Cefetra Group, CFP Energy, COFCO International, DLA Agro, Louis Dreyfus Company, Oliva JSC , C. Thywissen GmbH, Saipol (Avril), Viterra, Remia C.V., and many more joining forces to enhance efficiency and accuracy. Read the full press release here: https://lnkd.in/es_hThbj #Covantis #CircleOut #AgriCommodity #Innovation #Efficiency #TradeExecution

On the 4th of July, Covantis representatives Carine Cohuet and Vesela Bozheva shared their vision on inclusivity during the II ANEC Woman Forum. Their presentation highlighted the need for agility in today's rapidly changing world and explained why bottom-up organizations with autonomous, diverse teams are more adaptable. They also offered valuable advice on enhancing Diversity & Inclusion (D&I) within companies. Furthermore, they discussed the impact of AI and Machine Learning, addressing potential biases and strategies to mitigate them in the agri-business. At Covantis, we are strong believers of having an inclusive work environment that is safe for everyone. #Inclusivity #Diversity #Agriculture #Forum #Leadership #Innovation #AI ANEC - Associação Nacional dos Exportadores de Cereais

Welcoming service providers to the Covantis network! We are pleased to announce the addition of agents and supervision companies to the Covantis platform, further strengthening our commitment to bring efficiency and safety in trade operations. We extend a warm welcome to: AmSpec Agri & Food, Alphamar Agência Marítima, ABENI Group Inspection , Alex Stewart International, AGRI PORT SERVICES BRASIL, Baltic Control, Bureau Veritas Group, CARGONAVE Group, Control Quality, Control Union, Cotecna Inspection, Intertek, LBH Group, Maloney Commodity Services, Naabsa Shipping & Marine Surveyors, Unimar , Saybolt International, Wilson Sons, WILLIAMS SERVIÇOS MARITIMOS LTDA, SGS. These companies will support the execution teams of trading companies active in sugar exports out of Brazil on the Covantis platform and ensure their operations run smoothly. At Covantis, we are continuously enhancing our network to bring efficiency and reduce risks in trade execution operations. This expansion reaffirms our commitment to providing secure digital solutions for the agricultural commodity industry. Join us in welcoming these new partners and celebrating this new milestone in our journey to revolutionize trade operations! 🚢🌍🔗 #TradeEfficiency #BulkShipping #SupplyChainRevolution #TradeExecution #GlobalTrade #ShippingSafety #SugarExports

Covantis, Head of Commercial, Sorin Albeanu, recently joined an insightful panel discussion at the IGC Grains Conference 2024, focusing on the digitalization of the grains and oilseeds sector. The panel explored how digitalization is much more than a promising technology; it’s a game-changer for farming efficiency and productivity but also for the global trade of grains and oilseeds. It supports the collection and reporting of sustainable metrics, enhances resilience and decision-making with real-time data, connects supply chains, and enables trade through trusted credentialing and visibility. The discussion delved into assessing current advancements and identifying ways to accelerate the digital transformation, scaling up efficiencies across the grains industry. A big thank you to the IGC for hosting such a forward-thinking event. Together, we are paving the way for a more sustainable and efficient future in agriculture. #DigitalTransformation #AgricultureInnovation #GrainsAndOilseeds #Covantis #IGC2024 #SustainableAgriculture

Covantis, Head of Commercial, Sorin Albeanu, recently joined an insightful panel discussion at the IGC Grains Conference 2024, focusing on the digitalization of the grains and oilseeds sector. The panel explored how digitalization is much more than a promising technology; it’s a game-changer for farming efficiency and productivity but also for the global trade of grains and oilseeds. It supports the collection and reporting of sustainable metrics, enhances resilience and decision-making with real-time data, connects supply chains, and enables trade through trusted credentialing and visibility. The discussion delved into assessing current advancements and identifying ways to accelerate the digital transformation, scaling up efficiencies across the grains industry. A big thank you to the IGC for hosting such a forward-thinking event. Together, we are paving the way for a more sustainable and efficient future in agriculture. #DigitalTransformation #AgricultureInnovation #GrainsAndOilseeds #Covantis #IGC2024 #SustainableAgriculture

We are thrilled to announce that 3tentos, an important trader of oilseeds meal and oils in the Brazilian market, has officially joined the Covantis network! 🌱🤝 By joining the Covantis network, 3tentos embraces a innovative digital solution in efforts to enhance their efficiency in trading operations. We are proud that 3tentos has joined the growing number of industry leaders who trust Covantis to drive positive change and set new standards in agri trade execution. This milestone highlights our shared commitment to leveraging technology for the betterment of global trade. A warm welcome to the 3tentos team! We look forward to supporting your journey towards greater efficiency and success. #3tentos #Covantis #Innovation #DigitalTransformation #Agribusiness #Oilseed #Trading #Brazil

#CircleOut is live in Europe! As someone passionate about digitalization in the commodity trade industry, I see CircleOut as a great solution to a decades old problem. Due to the complexity of the market, teams spend a lot of time identifying circles, making it a very labour intensive process. This inefficient and costly way of working is not in line with what technology can bring in 2024! Covantis is here to change that together with the market. The ability of CircleOut to automatically identify and settle circles pre-nomination is going to bring a lot efficiency to trade execution teams.

🌐 Exciting News from Covantis! 🌐 CircleOut in launching today in the FOB 6 Ports Sunflower Oil string market. 🚀 Following the successful launch in South America, we're now bringing CircleOut to Europe. Designed to tackle the complexities of string markets, CircleOut brings efficiencies to trading companies that are involved in long strings. By using CircleOut, companies can automatically identify and settle circles pre-nomination – a revolution to string markets. Discover how CircleOut can transform your trading operations and become more efficient. For more details, visit: https://shorturl.at/rzDI2 #Covantis #CircleOut #MarketInnovation #DigitalTransformation #EuropeanLaunch

Tomorrow Covantis will be attending the April Borse in Hamburg, organised by DER AGRARHANDEL. We are excited to meet you in person and discuss about our new application, CircleOut, designed to automatically identify & settle circles & washouts for European string markets. Sorin Albeanu & Erik Jan Versloot are looking forward to meet you at our booth!