Verified global trade.
A trusted network where legitimate commodity and energy buyers and sellers prove who they are, find each other, and progress deals in an auditable workflow.
- Precious metals
- Gold, silver
- Petroleum and fuels
- Crude, Jet A-1, EN590
- Energy
- Electricity, natural gas
Verification is not one checkbox.
Avern tracks eight dimensions independently. A company is only shown as verified for what has actually been confirmed.
- Identity
- The person is who they claim to be.
- Company
- The organization legally exists and is active.
- Authority
- The person may act for the company.
- Beneficial ownership
- Who ultimately owns and controls the company.
- Sanctions
- Screening against applicable sanctions lists.
- Financial capacity
- Evidence appropriate to the size of the transaction, reviewed for the specific deal..
- Product evidence
- Evidence tied to the specific product and lot.
- License
- Where the activity requires a license, the license is confirmed..