WardX

How it's built.

The whole system, screen by screen.

You don't lose it on the price. You lose it on the details.

Every trade passes through a dozen hands. A ship, a cargo check, an approval, a payment. Miss one and it costs you. You only see it after the deal is closed.

What you expected
$100K
What you booked
$85K
$100K
Where it went
−$15K
on one badly run deal
after the misses add up$85K
Where it went
  • Demurrage and detention
    the ship sat idle, free time gone
    −$6K
  • Quality and quantity claims
    cargo came up short on spec or weight
    −$3K
  • Currency swings and late payments
    the rate moved and the money came late
    −$2.5K
  • Typing it in by hand
    1–4% of entries come out wrong (Barchard & Pace)
    −$2K
  • Books checked too late
    found at month-end, too late to fix
    −$1.5K
Example breakdown of one deal. Estimate your own with the calculator.
How it works

How WardX knows.

A fact arrives as a document or gets typed in at intake. It lands on its lot. The lot builds cost basis by basis, and margin follows on its own.

1
A document arrives
a CMR photo, an invoice, a weighbridge slip
2
It lands on the lot
the fact attaches to the right batch
3
Cost builds by basis
farm gate to on board, step by step
4
Margin follows
a deviation is flagged the moment it appears
Cost of one lot, farm gate → on board$19 026+32
Farm gate
Elevator
Terminal
Port
On board
Under the hood, a module per desk:TradesLogisticsInventoryFinancePartnersReports
Proof in money

The money was already yours.

WardX finds it in the numbers you already have, and writes the claim for you.

Gross39 480 kg
Tare14 020 kg
Net loaded25 460 kg
Received at intake25 310 kg
Shortfall−150 kg
Carrier claim · $14
1 · Contract norm
0.3%
allowed loss in transit
2 · Loaded
25 460 kg
weighbridge at the elevator
3 · Received
25 310 kg
intake at the port
4 · Over the norm
74 kg
150 kg short, 76 kg allowed
5 · Carrier claim
$14
drafted by the system, ready to send

One truck is small change. A season of trucks is real money. WardX does this on every single one, by itself.

Why now

The easy money is gone. Now you win by losing less.

Don't take our word for it. These are independent studies. Here's how much money quietly disappears when trades run by hand and on old software.

88%

of spreadsheets have errors. And that's still what most desks use to price and reconcile trades.

Ray Panko, University of Hawaii
1–4%

of everything typed by hand comes out wrong. On every trade, invoice and bill of lading.

Barchard & Pace, 2011
−30%

how far commodity trading profit fell in 2024, once the boom ended.

McKinsey, 2025

On its own, each loss is tiny. Together they add up to real money. When margins are thin, winning it back is easier than earning it again.

Illustrative only, not measured on your data. Assumes an average price of $220 per tonne. The 0.3–1.0% band builds on published research about manual work in commodity trading: Panko on spreadsheet errors, Barchard and Pace on manual entry, McKinsey and Oliver Wyman on 2024 margins.

Onboarding

Up and running in days, not months.

No 18-month ERP project. Bring the spreadsheets and PDFs you already use. WardX turns them into a working desk.

You bring your data

Drop in your trade book and your partner list. Spreadsheets, PDFs, whatever you have.

2025_Trade_Book.xlsxImported
Counterparties_List.pdfImported
CMR / waybill No. 482Recognized
25 460 kg
Wheat

WardX builds your workspace

Your ledger, partners and trades wired together, set up the way your desk really works.

One ledger
Partner CRM
Trading module
Net weight25 460 kgCommodityWheatTruck0412
AI back officeEarly access

AI agents that do the busywork.

Specialized agents handle the repetitive back-office work behind every trade. Reports, compliance, logistics. Rolling out now in early access.

Finance agent

Reports and numbers

Legal agent

Contracts and compliance

Sales agent

Revenue and deals

WardX core

Limits agent

Approval and credit limits

Logistics agent

Supply chain

Market agent

Market intelligence

Roadmap

Where WardX is headed.

WardX runs real trades in Switzerland today. Here's how it grows into the layer that connects physical trade.

2025Live
Live and proven
The core platform is live in Switzerland, running real trades for a working desk.
2026Planned
SaaS and pre-seed
Launch self-serve software for small and mid-size desks. Close the pre-seed round. First 50 paying customers in grain and energy.
2027Planned
Our own AI
Roll out our own risk models, trained on live trades. Add agents for logistics and documents.
2028Planned
Global scale
Expand to 10+ commodity types across EMEA and APAC. White-label deals with top-50 trading houses.

The longer game

Early access

Trust scores

Every trade builds a verified trust score for your partners. A reputation you can take to the market.

Smart, safe deals

Programmable contracts with automatic escrow, milestone checks and faster settlement.

One standard

A single protocol linking traders, logistics, insurers and financiers in one network.