Pilot transportation of exchange-traded goods of the "Petroleum Products" section of SPIMEX has been completed

2022: Development of the digital platform of the commodity supply operator

On August 2, 2022, Digital Logistics LLC announced that the shipments of petroleum products as part of the start of industrial operation of the digital platform of the commodity supply operator (OTP), made on several grounds: the Franco-wagon station for sending OTP, gasoline and diesel fuel, were successfully delivered to customers. The cargo was sent from the stations of Gorky, Volga, Sverdlovsk, and Northern roads according to the results of exchange trading held at the end of June. The implementation of this project was made possible thanks to the integration of digital freight services of the infrastructure of SPIMEX and Russian Railways, which allows exchange bidders to conduct settlements through clearing and track the execution of the exchange agreement in real time.

In a single window of the digital platform "Commodity Supply Operator" (OTP), under the concluded contracts for the supply of exchange-traded goods for clearing participants, a transportation order was implemented and subsequent monitoring of its execution, while the commodity supply operator automatically calculates fines for excess use of rolling stock and organizes claim work in disagreement with penalties. The service is implemented thanks to the digital transformation of the business process of issuing requisite applications Digital Logistics LLC implements the functions of an operator of a digital commodity supply platform in the project. The project was implemented with the support of the FAS and the Bank of Russia.

Russian Railways, having received the status of OTP, is increasing its role as an infrastructure organization, since they ensure the delivery of exchange goods by rail anywhere in the country. The seller receives guarantees of timely delivery of goods, and the buyer will be able to track the product purchased on the stock exchange at all stages of the transportation process.