CITGO Petroleum Corporation, a U.
S.-based oil refiner, has successfully deployed Behavox’s AI-powered communications surveillance platform for its regulatory archiving and communications surveillance needs.
Frank Beck, CITGO Manager Commercial Ethics and Compliance, stated that the partnership with Behavox was driven by the objective to advance their compliance program and anticipate evolving risks. He noted that the new platform provides access to AI-powered risk policies, high-quality alerts, and advanced testing capabilities, which are designed to protect the company while enhancing operational efficiency.
Behavox provided a dedicated implementation team to ensure a swift and efficient onboarding process, aiming to minimize the workload on CITGO. Nabeel Ebrahim, Chief Revenue Officer at Behavox, commented on CITGO joining a growing number of energy and commodity firms adopting Behavox. He highlighted Behavox’s commitment to delivering on CITGO’s emphasis on data integration fundamentals, platform testing, and management information reporting.
Aishwarya Shastri, Commodities Trading Customer Success Manager at Behavox, emphasized the company’s focus on providing a high-touch experience. This included ensuring fast onboarding, seamless integration, and a platform tailored to CITGO’s compliance objectives, with a continued commitment to supporting CITGO’s ethics and compliance team.
This implementation reflects Behavox’s ongoing momentum within the energy and commodities sector, as more firms are adopting intelligent, scalable platforms to address current regulatory challenges and operational demands.
CITGO Petroleum Corporation is a recognized leader in the refining industry operating under the CITGO brand. It owns and operates three refineries located in Lake Charles, Louisiana; Lemont, Illinois; and Corpus Christi, Texas. The company wholly and/or jointly owns 42 active terminals, eight pipelines, and three lubricants blending and packaging plants. With approximately 3,300 employees and a combined crude capacity of approximately 807,000 barrels-per-day (bpd), CITGO is one of the largest independent refiners in the United States. CITGO transports and markets transportation fuels, lubricants, petrochemicals, and other industrial products, supplying a network of approximately 4,000 locally owned and independently operated branded retail outlets primarily located east of the Rocky Mountains. CITGO Petroleum Corporation is owned by CITGO Holding, Inc.
Behavox, founded in 2014, is an AI company that transforms structured and unstructured corporate data into insights aimed at safeguarding and enhancing businesses. The company’s proprietary technology and industry-specific Large Language Model (LLM) enable users to retrieve information without requiring expertise in domain, technology, or data science. Behavox serves a global client base that includes banks, hedge funds, commodities firms, private equity firms, crypto firms, and other non-financial companies. Its solutions are designed to help detect compliance risks, streamline data archiving, predict regulatory breaches, and derive value from big data. Behavox is headquartered in London, with offices in New York City, Montreal, Seattle, Singapore, and Tokyo.
