Issuing letters of credit efficiently and with minimal risk so that you can maximize customer experience and reduce deal cycle times requires reliable access to secure, verified data.
Today, accessing physical trade data and original sources of information is a time-consuming, laborious and expensive process that hampers your ability to streamline and automate your operations.
TradeLens APIs connect you directly to the various data sources in your customers’ supply chains, giving you secure, permissioned access that minimizes document checking labor, and enables process automation to drive speed and efficiencies.
Reduce your costs
Lower the inefficient workload of document and information verification by connecting directly to your customers’ supply-chain partners data and structured documents, published via API.
Minimize errors
Structured documents use rich data that can be reused to reduce keying errors and improve data quality.
Drive customer service
With greater operational efficiency you can redeploy resources to more value-added activities with potential to expand into LC syndication process.
Mitigate risks
With secure, permissioned and transparent access to your customers trade documentation and shipment data, you can reduce financial crime risks including sanctions, AML and fraud.
Market untapped by existing trade finance products and approaches.
Levied in fines against financial institutions for AML/KYC sanctions violations since 2008.
Pages of documents circulating in documentary trade.
Explore how TradeLens is shaping the future of global trade. Learn how TradeLens can benefit you by clicking on the information below.