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.
The update will ease the workflows of FIATA members, allowing them to become digital freight-forwarders in a move from paper documents to paperless FBLs, which can be issued directly through their everyday tools.
The deployment will help customers manage their operational risk by providing secure access to a document’s history, enabling them to verify its true origin and content.
Digital borrowing base supported by Komgo wins TXF Overall Commodity Finance Deal Of The Year Award: Sucafina lauded for successful closing of USD500mn two-year sustainability-linked senior secured borrowing base facility led by ING.
Our recent SOC 2® Type II certification reaffirms Komgo’s commitment to the highest standards in information security, confidentiality and availability, as we continue delivering a benchmark software experience for banks and corporates to execute transactions in a safer, more secure technology environment.
OQ Trading (OQT) has become one of the first corporates to nominate Komgo as Digital Agent on their flagship borrowing base managed by ING, following renewal of the facility in mid-June 2021.
This webinar series introduces your Digital Agent by showcasing how we’re helping clients solve borrowing-base specific pain-points through simple and scalable workflow solutions which deliver security and efficiency gains.
