A digital/physical partnership to maximise risk mitigation
VERIDAPT’s real-time monitoring technology mitigates theft and fraud and complements in-person inspections.
Our solution can reduce operating and insurance costs, minimising the probability or impact of theft, misappropriation, unexplained losses, quality deterioration and environmental risks.
Deploying VERIDAPT technology to monitor commodities stocks enables collateral management and inspection providers to enhance and expand their services, mitigating the risks associated with the quantity and condition of goods, integrating live data and optimizing a secure deal flow of documents.
How does the VERIDAPT platform benefit inventory inspection services?
VERIDAPT’s platform acts as a deterrent and early warning system, minimising risks of human error and data manipulation.
The commodity monitoring and management platform allows the user to mitigate damage and loss derived from unauthorised removal of goods, immediately providing evidence of events. These capabilities are particularly important for storage facilities located in remote or difficult access regions, or when in-person inspections are not possible due to weather, strikes, travel restrictions or denial by the local plant operators.
VERIDAPT’s technology can monitor bulk commodities across the energy, ag and metals whether in tanks, silos or stockpiles. Warehousing technology based on cameras, machine vision and AI using simple-to-deploy beacons is in development to monitor metals and other packaged commodities.
DMT, VERIDAPT collaborate to digitise inventory monitoring
The B&FT Online February 2023
Industry Perspectives: Injecting true transparency into collateral management
Global Trade Review November 2023
“Customers will benefit from a one stop shop of tailor-made solutions for enhanced security and traceability, provided by highly skilled collateral management professionals using VERIDAPT’s cutting edge real-time technology.”
Manuel Teijeiro
Director, Control Union Collateral Services – EMEA & APAC