Siemens Healthineers is using our export documentary credit and guarantee issuance systems to automate and digitalise their processes, and streamline communications with their financial institutions. Senior treasury manager, Tim Bachinger, discusses the implementation and benefits.
Komgo’s solutions will be deployed for monitoring of inventory, receivables, liabilities and hedging, and will further provide a digital reporting tool to reduce manual operations while increasing transparency for lenders.
Mercuria Group, in collaboration with Komgo as the Digital Agent, has launched a successful and oversubscribed Energy Transition Borrowing Base in the Asia Pacific region.
The fourth episode in our Masterclass series explains how Trakk is providing an industry standard for document security, in this case warehouse receipts, giving financing banks more comfort over inventories pledged as collateral.
Trade Services Update (TSU) is an independent voice of the trade services industry. TSU was first published under the name L/C Monitor in 1999 as a legal financial journal covering practical aspects of payment instruments in international trade.
The third episode in our Masterclass series describes how our Digital Agent solution is increasing the reliability of information reported within the context of borrowing base facilities, bringing more transparency and comfort for lenders.
The second episode in our masterclass series shows how the industry’s leading firms are protecting their counterparties with Trakk, and helping to reduce invoice fraud.
Clients can now reach DBS on Komgo to submit trade applications and exchange documents across a range of trade finance and service requirements, including letters of credit, guarantees, and standby letters of credit. Furthermore, clients can enjoy a consolidated view of their transactions across multiple banks on-platform for greater visibility.
Baker Hughes is using our system for guarantee issuance and price/liquidity optimisation. Treasury Leader Gessica Scida explains how automation and better connectivity with their financial institutions are the main drivers of their digitalisation journey.
Through the Komgo Network, FAB’s key clients can initiate trade finance transactions across various international locations as well as obtain competitive pricing.
Swiss headquartered Komgo announced today that it has acquired Canadian GlobalTrade Corporation (GTC). Jointly Komgo and GTC provide trade finance digitalisation solutions to over 120 multinational clients and their 11,000+ subsidiaries, connecting them to their financial institutions and trade service providers on a global basis.
Corporate clients can now reach Bladex on-platform in the context of price discovery and booking of risk cover and discounting transactions.
New Trade Finance Taxonomy developed in partnership with ITFA simplifies the complex landscape of trade finance. Co-produced by Komgo Product Owner Izabela Czepirska together with several leading financial institutions and industry experts, the Taxonomy offers a common lens through which to view the entire trade finance asset market.
The first episode in our masterclass series explains how Komgo solutions are bringing transparency and security to syndicated facilities.
Trakk registered documents can be verified by the Henry Bath website, where all you need to do is drag and drop the pdf into the dedicated space.
GTR's Eleanor Wragg writes that whether a system runs on blockchain or not has become something of a red herring.