Institutional-Grade Infrastructure for Physical Energy Trading
ONG Trades is a purpose-built platform that digitises the full lifecycle of physical commodity trades — from counterparty onboarding and compliance verification through to settlement — with AI-driven matching and multi-layer risk management at its core.
Built for the Complexity of Physical Energy Trading
Three core capabilities that differentiate ONG Trades from generic commodity platforms.
Compliance First
Regulatory compliance is embedded at every stage — not bolted on. Every counterparty and transaction passes through a rigorous, automated verification framework before any trade proceeds.
- Automated screening against OFAC SDN, EU Consolidated Sanctions, UK HMT, UN Security Council, and PEP lists — with continuous re-screening at configurable intervals
- Structured KYC and KYB workflows covering corporate validation, beneficial ownership (UBO) identification, AML risk scoring, and banking verification
- Immutable audit trail for every verification action, document submission, override decision, and status change — supporting regulatory inspection and internal governance
- Six-layer trade compliance architecture spanning entity risk, product verification, logistics, independent inspection, financial instruments, and execution monitoring
AI-Powered Matching
The platform's matching engine goes beyond simple price discovery. It evaluates the commercial, logistical, and risk dimensions of each potential trade to surface only high-quality counterparty opportunities.
- Confidence-scored match recommendations (0–100) based on product specification alignment, price competitiveness, geographic proximity, and counterparty compliance standing
- Each match includes estimated gross margin, projected freight cost, and a plain-language reasoning summary to support fast, informed trade decisions
- Counterparty trust scoring incorporates historical transaction performance, KYC status, sanctions history, and ongoing risk rating — dynamically updated as conditions change
- Risk-based trade approval workflows ensure that matched trades meet minimum compliance thresholds before progressing, with configurable override controls for authorised administrators
Global Network
Access a curated, pre-screened network of physical commodity market participants. Every entity on the platform has completed the onboarding and verification process before they are able to trade.
- Network spans major trading hubs across North America, Europe, Asia-Pacific, and the Middle East — including Houston, Rotterdam, Singapore, Dubai, Tokyo, and London
- Participant types include independent energy traders, refiners, national oil companies, airlines, industrial consumers, and storage operators across the hydrocarbon value chain
- Products traded include crude (light sweet, heavy sour), refined products (ULSD, diesel, gasoline 92/95 RON, jet fuel A-1), fuel oil, naphtha, and LNG
- Multi-instrument financial settlement support including Irrevocable Letters of Credit, Standby Letters of Credit (SBLC), and MT103 SWIFT wire transfers with UETR tracking and bank rating verification
End-to-End Trade Lifecycle Management
From first contact to final settlement, every stage of the trade is managed, verified, and documented on a single platform.
Structured Onboarding
Company registration, document collection, director and UBO identification, and multi-stage KYC review before any trading activity is permitted.
Product & Refinery Verification
Layer 2 verification confirms product documentation, refinery provenance, and allocation chain integrity for each parcel before it is offered to the market.
Logistics & Inspection Coordination
FOB and CIF logistics verification, port and terminal confirmation, independent third-party inspection coordination, and quality certificate management.
Financial Instrument Processing
Structured LC, SBLC, and MT103 workflows with issuing bank rating checks (Moody's, S&P, Fitch), instrument validation, and payment confirmation tracking.
AIS Vessel Monitoring
Real-time and historical AIS vessel tracking, port congestion alerts, weather data integration, demurrage calculation, and outturn reporting.
Automated Reporting & Audit
Scheduled compliance reports, automated sanctions re-screening, risk score recalculations, document expiry alerts, and exportable audit logs.