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.
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.
Structured documents use rich data that can be reused to reduce keying errors and improve data quality.
With greater operational efficiency you can redeploy resources to more value-added activities with potential to expand into LC syndication process.
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.