Alcatel-Lucent uses Surecomp platform for repository for trade finance products and to manage bonds
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Alcatel-Lucent implemented Surecomp's COR-TF multi-bank corporate trade finance platform, in December 2011, to:
Trade finance helps to make international supply chains work smoothly and efficiently. Finance costs in the supply chain can be material. As a general principle, supply chains are most efficient when…
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Alcatel-Lucent implemented Surecomp's COR-TF multi-bank corporate trade finance platform, in December 2011, to:
by CTMfile
Citigroup has created a new commodity trade division to conduct business in Europe as it seeks to take advantage of the decisions of several other banks to reduce exposure to the area, the Financial Times reports.
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Thomson Reuters has added tropical weather insight and analytics to its flagship information desktop, Thomson Reuters Eikon, to help financial markets professionals better understand the influence weather may have u
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Visa Inc. and U.S. Bancorp set up Syncada in July 2009 – a joint venture providing a business-to-business (B2B) network for corporations and governments to process and track invoices, make and receive payments aroun
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Today Citi launched Trade Advisor - Mobile, new functionality, on their CitiDirect BESM Mobile platform that allows trade clients to access Trade Advisor on their mobile phones. Trade Advisor, currently available th
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Already a leading escrow provider in the United States and Europe, JP Morgan treasury services have launched new escrow services in South Africa to help clients mitigate counterparty risk.
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EMEA is the second largest trade partner with China, and the European market has been quick to adopt RMB denominated transactions. (According to the SWIFT RMB Tracker, Europe currently represents 47% of RMB global p
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Standard Chartered Bank today announced that it had facilitated the first end-to-end automated trade finance transaction with the Bank Payment Obligation (BPO) through its Straight2Bank platform.
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Wells Fargo has added mobile to their TradeXchange online tool for preparing, receiving, and managing your letters of credit, documentary collections, and open account transactions.
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Kyriba, a supplier of fully web-based cloud based corporate treasury automation solutions, opened a London office in early 2012.
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1. Talk to them All the time, not just once a quarter. You'll get a excellent feel for what is going on. Build good relationships and trust. Suppliers remember companies which have been good to them.
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The BPO is an irrevocable (conditional) obligation of an obligor bank to pay a specified amount to a recipient's bank as soon as matching occurs between the data extracted from different trade documents such as an i
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US collaborative business commerce and e-invoicing services provider Ariba has entered an agreement with Microsoft to make it easier connection to the Ariba Network.
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BofA Merrill’s new Trade Pro portal launched today will be available through CashPro® Online, the bank's treasury management and on-line banking channel.
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Faster, smarter sourcing decisions and the savings and efficiencies are no longer the exclusive domain of large corporations. The number of suppliers on your network is a key differentiator between the Supply Chain
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In an excellent presentation at the AFP's Annual Conference, in November 2011, on managing corporate credit risk, Phil Burch, CFO Nichols Brothers, Inc. and George Garner, President CrediPoint Software, showed the h
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Peter Davidsson, Whirlpool's European Treasury Director, gave an important presentation at Eurofinance's October 2011 International Conference in Rome
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Receivables based financing has been growing rapidly world-wide with facilities being made available, mainly to medium/small companies and far less to the large companies.