Alcatel-Lucent uses Surecomp platform for repository for trade finance products and to manage bonds
by CTMfile
Alcatel-Lucent implemented Surecomp's COR-TF multi-bank corporate trade finance platform, in December 2011, to:
Trade & FSC Management
Background
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…
Read moreCitigroup announces new European commodity trade division
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.
Thomson Reuters Eikon adds tropical weather insight and analytics for energy market professional
by CTMfile
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
FSC platforms and networks: Syncada from Visa
by CTMfile
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
Citi launches new trade functionality on CitiDirect BESM Mobile
by CTMfile
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
JP Morgan Launches Eskrow Risk Mitigation Service in South Africa
by CTMfile
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.
Citi Launches Renminbi Cash and Trade Solutions in the UK
by CTMfile
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
Automated Bank Payment Obligation Transactions are starting: Standard Chartered facilitates the firs
by CTMfile
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.
Wells Fargo add mobile to their TradeXchange trade finance service
by CTMfile
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.
Kyriba opens UK office and launches Supply Chain Finance Module
by CTMfile
Kyriba, a supplier of fully web-based cloud based corporate treasury automation solutions, opened a London office in early 2012.
How to spot when a critical supplier might be about to go under…
by CTMfile
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.
SWIFT and ICC‘s Bank Payment Obligation combined with SWIFT e-invoicing to replace Letter of Credit
by CTMfile
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
Microsoft teams up with Ariba on B2B
by CTMfile
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.
BofA Merrill launches new trade and supply chain portal: Trade Pro®
by CTMfile
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.
In the Supply Chains battle for global coverage Ariba announce free sourcing solution for SMEs
by CTMfile
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
Really manage corporate credit risk - you cannot afford to wait
by CTMfile
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
Practical advice for implementing a supply chain financing programme
by CTMfile
Peter Davidsson, Whirlpool's European Treasury Director, gave an important presentation at Eurofinance's October 2011 International Conference in Rome
NYSE Euronext invests in The Receivables Exchange to make receivables financing available to larger
by CTMfile
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.