Company

Newsroom

We're mostly on LinkedIN, but here are some highlights from Komgo and our collaborators.
Blockchain Proponents Face Reality Check As Hype Fades

GTR's Eleanor Wragg writes that whether a system runs on blockchain or not has become something of a red herring.

FIATA launches paperless FBL offering, leveraging Komgo’s Trakk technology.

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.

SGS Natural Resources enhances digital protection of agricultural commodity reports and certificates through Komgo collaboration.

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.

The Rise Of The Digital Agent

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.‍

Komgo Achieves SOC 2® Type II Compliance

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.

Customer Success Story: SMBC

Sumitomo Mitsui Banking Corporation is using Komgo’s “Market” solution to communicate appetite for open account and documentary credit deals with corporates.

Komgo named Digital Agent on OQ Trading borrowing base managed by ING Geneva.

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.

Customer Success Story: Addax Energy

Integrating our digital trade finance portal, Konsole, with their internal systems to automate data and information exchange on export LC flows. We asked LC Manager Ignacio Romero how the tool has changed their day-to-day, and the benefits for the business.

Introducing Your Digital Agent: Ep1 Stock Reconciliation

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.

BB Energy closes digital borrowing base with Komgo as Digital Agent – A first in the U.S.

The deal marks the first digital borrowing base announced in the US. ING Capital LLC acted as Joint Lead Arranger and Bookrunner in the syndication and will act as Administrative Agent for the Facility. Natixis acted as Joint Lead Arranger and Citibank, N.A. as Cash Management Bank.

Komgo Launches Solution Offering In Hong Kong

Komgo solutions are now available to users in Hong Kong, with offices of Societe Generale and Rabobank among the first financial institutions (FIs) to deploy the network with their Asian customers.

Customer Success Story: TotalEnergies Trading and Shipping

Integrating our document tracking solution, "Trakk", with their internal systems to secure commercial invoices for customers.

Customer Success Story: Gunvor Group

Gunvor uses Komgo’s “Market” solution as a data aggregator to accelerate price discovery and deal execution on risk cover and discounting transactions with the company’s trade finance banks.‍ We asked Structured Trade Finance Officer Janina Taneva about Gunvor’s experience deploying and using the solution, and how it benefits the business.

Webinar - Trade Finance: Bridging the gap in times of AFCFTA

Can we harmonise disparate trade finance processes in Africa, and thereby pave the way towards digital transformation for the continent’s banks and trading companies? Souleïma Baddi joins the Africa CEO Forum digital event to unpack these and more questions. Catch the replay here.

Komgo Welcomes Appointment Of New Board Of Directors

Several new names have joined the existing structure, further strengthening the composition and combined experience of the firm’s highest governing body.

Digicom 2021 - Commodity Trading Week

What do our clients expect from their transformation journeys? Replay CEO Souleïma Baddi's keynote address to Digicom at Commodity Trading Week 2021, complete with lessons learned and our three c's of digitalisation: customisation, control and connections.