Santander CIB has become a shareholder of Komgo with a strategic equity investment. Both companies expect to build up synergy between Komgo’s cutting-edge technology and corporate client base, and Santander CIB’s unique global footprint and leadership in trade finance.
Komgo’s solutions have been implemented to increase the security and comfort of the bank guarantees’ beneficiaries.
In this video interview, Souleïma Baddi and Jorge Salas discuss the objective behind Bladex's deployment of Komgo solutions for clients: to provide a lean setup which has the potential to scale to meet their aspirations for growing the portfolio.
Through this masterclass series, we explore how Komgo solutions are providing a common framework for the global adoption of digital trade services while bringing trust and liquidity back to the market.
International trade operations still require numerous documents and papers that must be presented by customers to their banks. To meet the needs of simplification and time saving, Société Générale has rolled out Komgo for their Cameroonian clients.
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.
