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{{Short description|Software developer of workflow solutions for commodities companies.}} |
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Revision as of 01:58, 16 April 2024
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Headquartered in Perth, Western Australia, GLX Digital was established in 2016[1] and develops and sells software as a service (SaaS) applications for the commodities market. The company offers two products: GLX Cargo and GLX Connect. Both applications are provided under subscription license agreements and are private meaning they are wholly owned and managed, including customer and staff access, by the customer.
Products
GLX Cargo is a cargo management application developed to automate workflows and help commercial cargo operations teams manage essential aspects of cargo delivery in real time. The software is designed to help cargo operators manage their commodity cargo positions on both the buy-side and sell-side of a transaction.
GLX Connect is a tender and auction application[2] that connects commodity companies directly with their customers and enables them to capture and analyse trade data.
Management
GLX Digital is a publicly unlisted company. It is chaired by Philip Byrne, former executive vice president marketing and trading, commercial and business development at Santos Energy. The CEO is Damien Criddle[3].
Company history
GLX Digital was established in 2016 in Singapore for the purpose of developing workflow management software solutions for the global Liquified Natural Gas (LNG) industry.
In 2016 the company launched the GLX Platform[4], also known as the Global LNG Marketplace, which allowed subscribed members to post offers to sell or requests to buy LNG cargoes, and then let other participants anonymously bid on proposals.
GLX Digital discontinued The Global LNG Marketplace in July 2021. In July 2021 the company launched GLX Connect, a digital tender and auction solution, which is now used in the LNG[5], lithium[6] and iron ore[7] commodity segments.
GLX Digital launched GLX CARGO in June 2022.
References
- ^ "Online trading aims to break up LNG 'club'". Australian Financial Review. 2016-10-25. Retrieved 2024-04-16.
- ^ Zakharia, Nickolas (2021-03-19). "Pilbara Minerals to sell spodumene through digital platform". Australian Mining. Retrieved 2024-04-16.
- ^ "Perth team leads LNG exchange". Business News. 2016-09-05. Retrieved 2024-04-16.
- ^ "GLX Digital Platform to Transform LNG Sales". www.businesswire.com. 2016-10-24. Retrieved 2024-04-16.
- ^ "Homegrown trading platform dreams big beyond LNG". The West Australian. 2020-10-30. Retrieved 2024-04-16.
- ^ "Pilbara's first lithium auction a major success". www.miningnews.net. 2021-07-30. Retrieved 2024-04-16.
- ^ "Fortescue tests new iron ore price discovery frontier". Australian Financial Review. 2021-11-28. Retrieved 2024-04-16.