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EDGE Connect: greater optionality,discoverability,increased profit opportunities

Thursday, December 3, 2020

Validere, a leading data intelligence platform for oil and gas product quality, announced the launch of EDGE Connect.

EDGE Connect enables buyers and sellers to securely connect with counterparties outside of their network and discover higher arbitrage opportunities.

• Sellers can receive higher netbacks and exclusive access to buyers outside their network
• Buyers can source barrels of high interest outside of their periphery

"Crude oil and condensate are highly variable, and useful information around factors such as price, transportation and quality equalization are not easily attainable, making it difficult to determine where to best move barrels." says Tarun Ajwani, VP of Validere EDGE. "Using predictive machine learning and a vast data set, the platform provides critical intelligence to guide win-win connections that benefit all participants." Ajwani added.

The EDGE Connect product release comes on the heels of Validere being recognized by Alberta Innovates for its impact on environmental waste reduction and contribution to Alberta's high-tech job market and resource industry global competitiveness by transforming how products are moved and distributed.

"We're proud to help the industry inform optimal product flow and marketing decisions through Validere EDGE, which in turn drives margins and reduces environmental waste" says Nouman Ahmad, company co-founder and CEO.



Associated Companies
» Validere
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