Surecomp®, the leading provider of global trade finance and treasury solutions for banks and corporates, today announced that brokerage firm Puente has chosen to deploy its front-office treasury solution Trade10™ across 3 countries in Latin America.
- 21.01.2021 09:55 am
- Foreign Exchange
Genesis, the global financial markets software firm, today launched FX Prime, a trade capture application developed for FX & rates trading desks with Prime Broker integration. The application has been developed in partnership with XP Investments, United States based subsidiary of the Brazilian broker-dealer XP Investimentos, the largest broker-dealer in Brazil.
Surecomp Enables Absa Group’s Roll Out of pan-African Trade Finance Digitisation Across 10 Countries
- 13.01.2021 04:24 pm
- Trade Finance
Surecomp, the leading provider of global trade finance solutions for banks and corporates, today announced that South African bank Absa Group has gone live with the latest version of its back-office trade finance solution IMEX® in 10 countries across the continent as part of their ongoing digitisation initiatives.
Integral, a leading FX technology provider, announced today that IS Investment, Turkey’s largest investment bank, has extended its use of Integral’s trading technology and MT4 Bridge solutions to expand their products and services.
- 18.12.2020 12:15 pm
- Supply Chain Finance
The withdrawal of major banks from trade finance and especially in the SME space is creating extraordinary challenges and opportunities, according to Finverity, the UK cross-border supply chain finance platform. Finverity today announced a step change collaboration with the Financial Services Regulatory Authority of Abu Dhabi Global Market (ADGM) - Abu Dhabi’s international financial centre. The collaboration will develop a proof-of-concept to... more
- 17.12.2020 03:36 pm
- Trade Finance
Once again, Hamburg-based FinTech TrustBills is disrupting the factoring market: From January 11, 2021, the marketplace for unpaid trade receivables will offer companies a sell-off guarantee (Put option). This means that companies that already know that they will be regularly supplying a customer over a certain period of time can get a guarantee to sell-off these receivables up to a defined amount to an institutional investor such as insurance... more
- 15.12.2020 04:08 pm
Marlowe, the UK leader in specialist services, which assure safety and compliance, have taken strategic steps towards a digitally enhanced future by collaborating with HAYNE Solutions, a leading consultancy, to implement CCH Tagetik, a leading CPM solution, into their business.
- 15.12.2020 01:15 pm
- Trade Finance
Contour, the global trade finance network has today announced that HSBC has become the first full production member of the network following Contour’s commercial launch in October this year. HSBC is the first to directly benefit from the efficiency and transparency gains Contour’s network provides.
SmartStream reveals new brand identity reflecting company’s mission to spearhead technological innovation
- 15.12.2020 12:02 pm
- Transaction Banking
SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announced the launch of its new corporate brand identity, including an updated logo and website. The rebranding reflects the company’s constantly expanding use of innovation to advance its technological capabilities, as well as to meet evolving customer and industry requirements.
Leverate and Sumsub to Reinforce Foreign Exchange Brokers With User-Friendly and Locally Compliant KYC Checks
Leverate, an innovative software as a service provider for foreign exchange brokers, is today announcing its collaboration with Sumsub, an identity verification platform that covers KYC/KYB/AML needs. Both companies will work together to provide quick and reliable KYC and chargeback protection checks for Leverate’s SaaS based trading platforms worldwide.
Cedar Oxygen, a Luxembourg domiciled, impact investment trade finance platform, has announced that it has arranged its first finance facility to Lebanese Roasting Group Sal (‘Castania’), a leading Lebanese player in the nuts and snacks sector. The finance will support the import of needed raw materials and is the first in a series of major deployments which are hoped will breathe long-term life into the Lebanese economy.
- 14.12.2020 08:20 am
Intuit QuickBooks, the UK’s leading financial management platform, announces new features in its recently launched Self Assessment tool, arming small businesses (SMBs) with an efficient and stress-free way of helping to prepare their tax return in advance of the upcoming January deadline. Other updates in the QuickBooks Winter Product Release include a special offer with ‘GoCardless’, and updated VAT codes ahead of changes to import tax in 2021.
- 10.12.2020 02:14 pm
- Trade Finance
Tradeteq, the global hub for trade finance distribution, has today announced its collaboration with Microsoft. The collaboration enables the build-out of a market infrastructure which allows financial institutions to efficiently run trade finance distribution workflow processes while complying efficiently with data residency requirements. Tradeteq will be providing its platform through Microsoft’s flexible cloud platform Azure with access to... more
BidFX, the leading cloud-based provider of electronic foreign exchange (FX) trading solutions, today announced that State Street, one of the world’s leading providers of financial services to institutional investors, has made its four FX algorithmic strategies available on the BidFX platform. Clients can now access State Street’s FX Algo Suite directly on BidFX. Each strategy offers a wide range of flexibility on executions suited to client... more
Desigual, a leading international fashion brand headquartered in Barcelona, has partnered with enterprise blockchain group Finboot to integrate its MARCO Track & Trace application within its import and export process to improve transparency and build resiliency in its supply chain. The challenge