Report recognizes Finastra for both banking book and trading book operations
- 5 years 9 months ago
- Trade Finance, Banking
Finastra has been positioned as a Category Leader in the Chartis RiskTech Quadrants for both banking book and trading book credit risk solutions. The rankings are featured in a recent report published by Chartis, titled Technology Solutions for Credit Risk 2.0, 2018, which assesses the technologies that are addressing the speed, flexibility and risk profile of the lending market.
Fresh ICC survey shows pace of trade finance digitalisation
- 5 years 11 months ago
- Trade Finance, Banking
The International Chamber of Commerce (ICC) 10th annual Global Survey shows that 60% of banks are moving towards greater digitalisation, though only 9% say technology solutions have so far increased efficiency. Over 60% of banks surveyed in the new ICC report—Global Trade: Securing Future Growth—reported to have implemented, or to be in the process of implementing, technology solutions to digitalise their trade finance operations.
Citizens Bank Taps Finastra and Infosys for Trade Finance Solution
- 5 years 12 months ago
- Trade Finance, Banking
Citizens Bank, working with Infosys as its implementation partner, has selected Finastra to power the trade finance solution it offers to its corporate clients. This new capability will enable Citizens’ corporate clients to digitize traditionally paper-based trade processes, leading to increased efficiencies and reduced costs.
FIATA and essDOCS launch project to digitise FIATA & NVOCC Bills of Lading
- 6 years 3 weeks ago
- Trade Finance, Supply Chain Finance
The International Federation of Freight Forwarders Associations (FIATA) has signed a Memorandum of Understanding (MoU) with essDOCS to provide a framework for further cooperation in digitising Bills of Lading.
Intrinio Collaborates with Quodd to Provide Direct Delivery of Nasdaq Real-time Data
- 6 years 5 months ago
- Trade Finance, Data
Intrinio, a fintech marketplace providing access to high-quality, low-cost financial data feeds, announced today its partnership with QUODD Financial Information Services, a supplier of ultra-low-latency data feeds, to provide Nasdaq (Nasdaq: NDAQ)’s real-time data directly to individuals and enterprise-level clients.
Bolero appoints Andrew Raymond as head of sales
- 6 years 7 months ago
- Trade Finance, People Moves
Bolero International, the leading trade finance digitisation expert has appointed Andrew Raymond as its new global head of sales. Raymond will leverage his 25-plus years’ global experience in the fintech market to drive further growth in the number of organisations using Bolero’s cloud-based services.
ABN AMRO standardises on CBA’s IBAS Global Trade Finance Factory
- 6 years 7 months ago
- Trade Finance
Norwegian software vendor Commercial Banking Applications (CBA), today announced that ABN AMRO will be implementing the new IBAS Customer Front-End System for Trade Finance across its global operations as part of a project to offer additional functionality to customers, increase efficiency and reduce total cost of ownership.
Surecomp Successfully Conducted E-Banking and Front Office 2020 Event
- 6 years 10 months ago
- Trade Finance
Surecomp®, a leading provider of global trade solutions for banks and corporates, concluded today a comprehensive event which attracted over twenty attendees from fifteen leading European banks and corporate clients.
World Trade Board Kicks Off New Sustainable Trade Initiative and Expands Board to Promote Inclusive Global Trade
- 6 years 11 months ago
- Trade Finance
The World Trade Board today announced the addition of a new initiative on sustainable trade, alongside its existing three initiatives, as part of its pledge to advance standards and digitalisation in global trade finance.
Mizuho Financial Group, Mizuho Bank and IBM Japan to Launch Blockchain-based Trade Financing Platform
- 6 years 12 months ago
- Blockchain, Trade Finance
Mizuho Financial Group, Mizuho Bank and IBM Japan today announced they are building a blockchain-based trade financing platform. With the platform, Mizuho is aiming to streamline trading operations and improve supply chain efficiency.
TradeShift and CreditEase Join Forces for Trade Financing App
- 7 years 2 weeks ago
- Trade Finance
Tradeshift, the world’s largest business commerce platform, has partnered with CreditEase to deliver a trade financing app that will bring low-cost financing to millions of businesses in China.
Raiffeisen selects iGTB to provide digital trade finance platform
- 7 years 1 month ago
- Trade Finance
iGTB, the Global Transaction Banking division of Intellect Design Arena Ltd, five Austrian Raiffeisen Regional Banks (Raiffeisenlandesbank Niederösterreich-Wien AG, Raiffeisen-Landesbank Steiermark AG, Raiffeisenlandesbank Oberösterreich Aktiengesellschaft, Raiffeisen-Landesbank Tirol AG and Raiffeisenlandesbank Vorarlberg Waren- und Revisionsverband regristrierte Genossenschaft mit beschränkter Haftung) and Raiffeisen Bank International (RBI),... more
Bolero ePresentation Advanced in Ore Shipment From Australia to China
- 7 years 1 month ago
- Trade Finance
Bolero ePresentation solution achieved a major savings in time and cost on a complex shipment of iron ore from Australia to China in November 2016 for Cargill, the worldwide provider of food, agriculture, financial and industrial products and services. This transaction was handled by Cargill’s Metals business with operations in Singapore and China.
Bolero to Exhibit at the GTR India Trade and Treasury Conference
- 7 years 2 months ago
- Trade Finance, Infrastructure
Bolero International, the leading trade finance digitisation solution provider, today announced it will be exhibiting at the GTR India Trade and Treasury Conference in Mumbai. Bolero CEO Ian Kerr will moderate a panel looking at ‘Trade digitization and its application for India: successfully implementing fintech into your company model’ between representatives from HSBC and Reliance Industries.
