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Tuesday, May 28, 2024

Vitol Boosts Compliance: Adopts Behavox Quantum

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Behavox announced today that Vitol, a global energy and commodities company, has successfully implemented Behavox’s Quantum AI SaaS solution.

Behavox Quantum enhances Vitol’s risk coverage by providing commodity trading-specific risk coverage to detect misconduct proactively. Vitol has implemented Behavox Quantum AI Risk Policies to ingest and monitor enterprise communications for compliance risk.

“Initial implementation of Behavox technology has been encouraging and provided some valuable insights,” said Odile Roy de Puyfontaine, Head of Compliance at Vitol.

One of the world’s leading energy traders, Vitol joins some of the largest global energy and commodity trading firms in adopting Behavox Quantum to detect misconduct proactively.

Nabeel Ebrahim, Chief Revenue Officer at Behavox, said: “We are proud to work with an organization of Vitol’s caliber, who are committed to continuously reviewing and enhancing their communication monitoring program to meet evolving compliance needs.”

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