Data Services

The Navarik Platform aggregates data across multiple customers to create a worldwide data pool of seaborne vessel physical operations data. The Platform’s aggregation technology ensures the data is of the highest integrity by identifying data anomalies that are continuously monitored and resolved by Navarik's data quality assurance team. The resulting data is supplied to the global oil trading community to support decision making by both trading and operations personnel.

Expanding the data available for operations teams and traders beyond the conventional data services offering has changed the landscape of business intelligence for oil trading companies. Prior to Navarik's aggregation of data, companies would rely on their experiences, instincts, and internally generated data for decision making. Today, energy traders and operations personal have the ability to enhance their decision making capability to include an aggregation of real-time seaborne vessel industry data. The myriad of global energy trading companies will benefit from access to real-time crude oil and refined product transport data.

The Navarik VEF™ is the first aggregate data service launched by Navarik on November 1st, 2011. Subsequent data services will be launched throughout 2012. Click here to contact us and learn more.

Here’s a quick overview of the Navarik Data Services lineup:

Navarik VEF™ is a service that centralizes, the collection, validation, and calculation of Vessel Experience Factor (“VEF”) record keeping. This service is the first industry-focused offering to provide a comprehensive repository of the data required to calculate an accurate VEF where customers can review a common set of information.