Trade with Brazil Sees Rapid Growth as UK Builds Ties with Latin America post-Brexit
- 1 year 6 months ago
- Trade Finance
Analysis of trade data from global financial services firm Ebury reveals that UK-Brazil trade has experienced rapid growth in the last five years following significant government efforts to push for improved bilateral trade relations and a reduction in red tape.
Sucden Financial Offers Clients Access to Three Chinese Commodities Markets Under One Account
- 1 year 9 months ago
- Trade Finance
Sucden Financial, the multi-asset execution, clearing and liquidity provider, is pleased to announce that its clients can now have direct electronic access to trade all 25 of China's futures and options contracts available to international participants, together with other global markets from a single account.
$25 Trillion Wiped Off Global Stock Markets in 2022, WFE Data Reveals
- 1 year 9 months ago
- Trade Finance
New data published by the World Federation of Exchanges (WFE), the global industry group for exchanges and central clearing counterparties, indicates that $25 trillion was wiped off global stock markets in 2022. WFE’s FY 2022 Market Highlights report reveals that stock markets declined by 20% in market capitalisation and 10% in value traded in 2022, interrupting the positive trend observed in the two previous years.
Surecomp and Contour Enter Strategic Partnership to Accelerate Interoperability Between Digital Trade Finance Solutions
- 1 year 9 months ago
- Trade Finance
Surecomp® today announced that it is partnering with Contour, one of the global digital trade finance networks, as part of a collaborative vision to drive the digital transformation of trade finance across financial institutions. Surecomp has over 35 years of expertise digitising trade finance processes and its integration with Contour’s decentralised network of banks and corporates will provide users with a fully integrated end-to-end trade... more
Finastra and Integro Technologies to Offer Comprehensive Digitalization and Exposure Risk Offering for Trade Finance
- 1 year 10 months ago
- Trade Finance
Finastra, a global provider of financial services software applications and marketplaces, today announced a partnership with Integro Technologies a subsidiary of Aurionpro, the pioneer provider of high-end lending platforms, to offer Integro’s SmartLender Trade Limits solution alongside its own Trade Innovation solution.
CBI and Finastra Survey Shows UK SMEs Face Significant Barriers to International Trade
- 1 year 11 months ago
- Trade Finance
Research from the CBI and Finastra, canvassing the opinions of UK small and medium-sized businesses (SMEs), suggests that there’s a gap between the ambition of firms to trade internationally and the reality of doing so. While just 44% of businesses surveyed currently engage in international trade, only 23% said they were not interested in doing so. One third of respondents believe there’s potential value, but do not trade internationally due to... more
Foreign and PE Buyers Boost Surprisingly High Deal Count in UK Tech M&A, Reveals ICON Corporate Finance
- 1 year 11 months ago
- Trade Finance
Surprisingly, the number of UK tech M&A deals in 2022 was the second highest on record, according to research from tech-focused investment bank ICON Corporate Finance.
UK B2B SMEs Missing Out on Opportunity to Use Embedded Finance to Grow Sales Volume and Order Value More Than 5x, Despite High Levels of Awareness
- 1 year 11 months ago
- Trade Finance
Research published for the first time today by Kriya, the new name for fintech platform MarketFinance, shows that the leaders of UK B2B firms do not plan to offer ‘buy now, pay later’ terms on their e-commerce sites for another 3.23 years, despite 92% of them having heard of the term Embedded Finance.
Drip Capital Selected as a 2022 Red Herring Top 100 Global
- 2 years 1 month ago
- Trade Finance
Drip Capital, Inc., a leading digital trade finance platform, is thrilled to announce it has been listed as one of the ‘Top 100 Companies at Red Herring's Annual Global Event’ this year.
Finastra and InfoTech Help NBP to Modernize Trade Finance Operations and Boost Growth
- 2 years 1 month ago
- Trade Finance
Finastra has today announced that NBP (National Bank of Pakistan) has implemented Finastra’s Fusion Trade Innovation solution to power its trade finance operations. InfoTech (Pvt) Ltd., a leading systems integrator and Finastra’s exclusive authorized and certified reseller in Pakistan, led the deal and implemented the solution, which will enable NBP to lower transaction costs and provide corporate customers with a superior user experience.
Tonga Development Bank Opens up Trade for Tonga’s Small Businesses with Currencycloud Partnership
- 2 years 1 month ago
- Trade Finance
Currencycloud, the experts in simplifying business in a multi-currency world, has been chosen by Tonga Development Bank (TDB) as a partner to help open up frictionless commerce and extend the reach across Oceania and beyond for Tonga’s small-medium businesses (SMBs).
ADSS Partners with Real-time Analytics Leader KX to Accelerate Transformational Growth Strategy
- 2 years 2 months ago
- Trade Finance
ADSS, the Abu Dhabi and London-based financial services firm, has partnered with leading real-time analytics company KX to increase operational efficiency as it rolls out its transformational growth strategy and offers clients greater access to liquidity and a broader range of financial instruments.
B2B Marketplace Solv Launches in Kenya to Unlock MSMEs’ Growth Potential
- 2 years 2 months ago
- Trade Finance
Micro, Small and Medium Enterprises (MSMEs) in Kenya will now be able to access working capital financing and a wide range of other business solutions following today's launch of Solv in Kenya.
Surecomp Pioneers Automated ESG Scoring on RIVO to Help Drive Sustainable Global Trade
- 2 years 2 months ago
- Trade Finance
Surecomp® today announced that it has successfully completed a pilot of automated ESG scoring and tracking in its flagship trade finance solution RIVO™. Based on an unrivalled dataset of more than one thousand transactions, covering more than seven hundred corporates, hundreds of goods and trade routes, ESG scoring can now be applied at a single trade finance transaction level.
Finastra Connects to Contour, Offering an Enhanced Digital Trade Finance Network
- 2 years 2 months ago
- Trade Finance
Today at Sibos 2022 in Amsterdam, Finastra announced a strategic collaboration to integrate its Fusion Trade Innovation software with Contour, the global digital trade finance network, providing banks and corporates with a streamlined end-to-end back-office workflow. Users may access their data through either platform, providing banks with increased efficiency and faster turnaround times when processing Letter of Credit transactions.
