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.
Sumitomo Mitsui Banking Corporation is using Komgo’s “Market” solution to communicate appetite for open account and documentary credit deals with corporates.
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.
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.
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.
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 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.
Integrating our document tracking solution, "Trakk", with their internal systems to secure commercial invoices for customers.
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.
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.
Several new names have joined the existing structure, further strengthening the composition and combined experience of the firm’s highest governing body.
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.