London, June 19, 2024 , (Oilandgaspress) ––– Artis, the home of modern trading, marked a successful year of its deployment of Artis Pro by announcing a landmark partnership to distribute Oil Brokerage (OB) data through the Artis platform to its trader community. In addition, Artis’ best in class workflow and data aggregation tool is has been deployed throughout OB, the world’s largest independent energy brokerage brand.
OB’s real-time and historical price data is now available to all traders, middle and back-office teams who licence the Artis Pro platform or access via the accompanying real-time API. The integrated product is already being consumed by traders in some of the world’s biggest energy companies.
OB Data Integration:
The partnership positions Artis Pro as the sole workflow tool across OB’s derivatives brokers. This advanced, web-based platform has replaced Excel and data-feeds whilst transforming how brokers manage and share market data, creating significant operational efficiencies.
Traders using Artis Pro now have direct access to OB’s real-time fair value curves. The native integration allows an unprecedented level of interaction, transparency and immediacy in trading operations. Full visibility of data provenance ensures traders see time-stamped updates, which enhances their insights across oil and gas markets.
OB’s unique approach of maintaining a single curve globally per instrument ensures internal brokers scrutinise each value throughout the trading day. These curves are directly consumed by hundreds of traders worldwide over the Artis platform, ensuring constant evaluation and an irrefutable fair value curve across the product suite.
OBX Data Powered by Artis APIs:
OB’s data division, OBX, uses Artis Pro APIs This integration supports complex data workflows, real-time risk management and compliance needs, all with quick rollout.
This unique combination of capabilities ensures that trading and all supporting roles are now fully connected with consistent values.
Commenting on the announcement James McNicol, CEO of OB, said: “Given the dynamic nature of modern brokerage, we are in continuous pursuit of timely and relevant intelligence. Our long history of leadership and innovation has ensured we stay at the forefront of technology. The decision to choose Artis as our preferred technology partner was pivotal. Over the past year, we’ve seen remarkable improvements in how our data is managed and utilised, making every broker’s job easier and more productive. The access to live broker curves on the desktop and mobile has particularly been a game changer for our clients.”
Sebastian Ferraccù, CEO of Artis, commented: “Our partnership with Oil Brokerage over the past year has been a testament to what is possible when technology meets expertise. OB provides a classic use case for Artis. With 20 years’ experience in oil trading, Artis knows the challenges and efficiency gaps that traders and brokers suffer throughout the trading day. Artis was built to modernise that experience for commodities traders and brokers, but also for the all-important middle and back office – the risk managers, the data aggregators, the finance departments. The integration to OBX data through our APIs has set new standards in the industry for collaboration and efficiency.”
Matt Joy, Co-Head Market Data Solutions of OBX, said: “Oil & Commodity markets are evolving rapidly; data has not always been available for clients to consume consistently, so accessing it quicker and employing it in more complex business functions is a key requirement. OB information in conjunction with Artis gets to the heart of accomplishing this, be it multi-strategy risk, flash VAR calculations or A.I driven initiatives, they all require a combination of high quality and consistent data to save time and reduce process costs.”
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About Artis
Artis is the home of modern trading. Founded in 2020 by veteran oil trader Sebastian Ferraccù and consumer technologist James McMurray-Cole, Artis Pro is software that connects the whole market, designed to maximise efficiencies for traders and brokers across commodities markets, throughout the trading day. Utilised by ambitious organisations around the world, Artis is rapidly becoming the commodity market’s premier choice globally for collaboration, workflow management, and data aggregation
About Oil Brokerage
Under the leadership of James McNicol, OB has assumed a market-leading position in Physical Products and Derivatives, Physical Freight and Freight Derivatives, as well as Cross Barrel (Crude, Fuel Oil, Middle Distillate, Gasoline, Naphtha, LPG, etc.).
Today, OB’s worldwide reach includes representation in all major global trading hubs including physical presence in London, New York, Houston, Singapore, Dubai, and Geneva. Leveraging its extensive network and expertise it has expanded operations into new territories Europe, Asia, West Africa, the Arab Gulf, and North America. OB is committed to remaining at the forefront of the energy industry, providing expert guidance and unparalleled service to more than 900 global clients.
OB Shipping, a division starting in 2021 has 70 people with offices in London, Houston, Geneva, Dubai and Singapore. The team has expanded its global offering and is already fixing over 2,000 cargos a year, coupled with best-in-class research analytics, headed up by Anoop Singh (formerly of Braemar).
