Sparta partners with Oil Brokerage (OB) to enhance its all-in-one data platform
Geneva, October 29th, 2024 – Sparta, the leading provider of comprehensive data solutions for the global trading and shipping markets, is pleased to announce a new partnership with OBX Data (A division of Oil brokerage). Through this collaboration, Sparta users will now have enhanced interaction with pricing data from Oil Brokerage, a prominent and highly respected broker in the oil market, directly on the Sparta platform. This integration further solidifies Sparta’s position as a one-stop shop for all data needs, offering unparalleled forward-looking market insights and analysis capabilities.
Oil Brokerage (OB) is known for its deep expertise in the energy markets, providing high-quality, neutral data and analytics services that cater to the needs of market participants, including traders, banks, asset managers, hedge funds, and corporates. OB’s data is globally renowned for its accuracy and extensive market coverage, making it a valuable addition to Sparta’s offering.
Sparta provides a comprehensive, customizable suite of market intelligence and real-time pricing tools designed to speed up time-to-market and provide measurable ROI. The company has recently unbundled and expanded its product offering, allowing traders to customize their subscription based on their own specific needs.
The Sparta product suite now includes:
• Sparta Curves: Instant access to live prices, enriched with historical data for in-depth market analysis.
• Sparta Market Outlook: Sparta’s knowledge hub that focuses on forward-looking research, providing traders and analysts with daily market commentaries, flash updates, and insights from experts.
• Sparta Intelligence: A comprehensive platform that integrates all features of Sparta Curves and Market Outlook, plus additional tools like live arbitrage calculations and real-time global refining margin forecasts. It provides a unified trading co-pilot experience with an average 30x ROI, aimed at replacing more expensive platforms like Bloomberg or Refinitiv.
• Sparta API: Enables traders to integrate clean, granular historical data and forward-looking indicators into their models, leveraging AI to refine trading strategies.
• Sparta Enterprise: Customizable solutions for larger teams, allowing them to mix and match various Sparta products to meet specific needs. It offers cost-effective pricing, flexible payment options, and scalable solutions tailored to each team’s requirements.
The addition of OB data to Sparta’s tools significantly enhances the breadth and depth of data available to its users and is another milestone in its mission to be a one-stop-shop solution for the oil market’s data needs. Sparta now provides access to pricing from over 20 top global brokers in the physical and derivatives energy markets. Users can leverage these trusted data sources to gain accurate and unbiased forward physical and freight prices, allowing for better decision-making and strategic planning.
Accessible anywhere on mobile, desktop, and even through Excel integration, Sparta empowers users to access vital market data wherever they are, whenever they need it.
“We are thrilled to partner with Oil Brokerage and bring their respected data to the Sparta platform,” said Stephanie Beige-Trabia, Chief Strategy Officer at Sparta. “This partnership underscores our commitment to providing our users with the most comprehensive, accurate, and actionable data to meet their trading and market analysis needs. The combination of OB’s expert brokerage and Sparta’s next-generation intelligence platform represents a step change for the trading industry, providing our users with an unmatched view of the physical and derivatives energy markets.”
For more information on Sparta and the new Oil Brokerage data integration, please visit www.spartacommodities.com