Introduction
Trade finance platforms are the digital backbone of global commerce, transforming the antiquated, paper-heavy world of letters of credit and bank guarantees into streamlined, automated workflows. By leveraging technologies like AI-driven document scrutiny and blockchain-based smart contracts, these platforms mitigate the risks of cross-border trade while providing critical liquidity to importers and exporters. As global supply chains face increasing volatility, a robust digital platform ensures that financial transactions move as fast as the physical goods they represent, eliminating bottlenecks and reducing the $2.5 trillion global trade finance gap.
Modern systems go beyond simple transaction management; they serve as collaborative hubs where buyers, sellers, and financial institutions interact in a secure environment. These tools provide real-time visibility into credit limits, automate compliance checks against international standards, and use predictive analytics to optimize working capital. For a corporation or a bank, choosing the right platform is no longer just a technical upgrade—it is a strategic necessity to manage geopolitical risks, combat fraud, and meet the growing demand for sustainable, ESG-linked financing in international trade.
Real-World Use Cases
- Accelerated Letter of Credit Issuance: Companies use these platforms to draft and issue complex Letters of Credit (LCs) in minutes rather than days, directly connecting with their banks through secure APIs to avoid manual errors.
- Automated Document Scrutiny: AI-powered modules automatically check shipping documents against the terms of an LC and international rules (like UCP 600), instantly flagging discrepancies that would otherwise cause payment delays.
- Supply Chain Finance Programs: Large buyers launch early-payment programs through these platforms, allowing their suppliers to get paid instantly based on the buyer’s credit rating, which strengthens the entire supply chain.
- Digital Bills of Lading (eBL): Logistics and finance teams use blockchain-backed platforms to transfer title documents electronically, ensuring that the legal ownership of goods can be transferred as instantly as an email.
- ESG Performance Tracking: Trade platforms now integrate ESG data to offer preferential interest rates to suppliers who meet specific environmental and social targets, directly linking finance to corporate sustainability goals.
Buyer Evaluation Criteria
- Connectivity and Network Reach: Determine if the platform connects to your specific bank partners and if it supports a wide network of global financial institutions via SWIFT or proprietary APIs.
- Document Automation Sophistication: Look for advanced Optical Character Recognition (OCR) and Natural Language Processing (NLP) capabilities that can handle unstructured paper documents and digitize them with high accuracy.
- Compliance and Fraud Prevention: Ensure the tool includes real-time sanctions screening, anti-money laundering (AML) checks, and “duplicate invoice” detection to prevent financial crimes.
- Interoperability with ERP Systems: The platform must have native connectors for major ERPs like SAP and Oracle to ensure that trade transactions are automatically mirrored in your accounting and treasury records.
- Multi-Instrument Support: A top-tier tool should handle the full spectrum of trade finance, including Import/Export LCs, Standby LCs, Bank Guarantees, Documentary Collections, and Receivables Financing.
- User Experience for Suppliers: If you are running supply chain finance, the platform must be easy for your suppliers to join; high “onboarding friction” will kill the adoption of your program.
- Regulatory Alignment: The platform must stay updated with the latest International Chamber of Commerce (ICC) standards and local digital trade laws (like MLETR) to ensure your digital documents are legally binding.
- Cloud Security and Resilience: Evaluate the platform’s security posture, looking for multi-factor authentication (MFA), SOC 2 Type II certification, and data residency options to protect sensitive financial data.
- Scalability for High Volumes: Ensure the platform can handle peak transaction periods without latency, particularly if your business involves high-frequency commodity trading or seasonal retail spikes.
- Sustainability Integration: Check if the platform can ingest third-party ESG ratings to automate “Green Trade Finance” workflows, which is becoming a core requirement for modern corporate reporting.
Key Trends in Trade Finance Platforms
- Generative AI for Legal Review: Platforms are deploying LLMs to interpret complex guarantee texts and legal clauses, reducing the time lawyers spend on manual contract review by up to 60%.
- Tokenization of Trade Assets: Leading tools are piloting “Tokenized Deposits” and smart contracts to replace traditional bank guarantees, allowing for programmable, instant settlement of funds.
- Zero-Touch Compliance: AI-driven layers now perform “invisible” compliance checks in the background, only alerting human operators when a high-risk anomaly or a sanctions hit is detected.
- The Rise of “Trade-as-a-Service” (TFaaS): Small and mid-sized banks are moving away from building their own tech, instead subscribing to cloud-based “white-label” platforms to offer trade services to their clients.
- Mobile-First Trade Approvals: Treasury managers are increasingly using secure mobile apps to authorize multi-million dollar trade transactions while on the move, supported by biometric security.
- Sustainability-Linked Pricing: Trade finance is being used as a tool for “Scope 3” carbon reduction, with platforms automatically adjusting financing costs based on a supplier’s live environmental data.
How We Selected These Tools (Methodology)
Our selection of the top 10 trade finance platforms involved an extensive analysis of market share, technological innovation, and user feedback from global corporations and financial institutions. We focused on platforms that are leading the charge in the “Digital Standards” movement.
- Ecosystem Breadth: We prioritized platforms that serve both the “Bank-to-Bank” and “Corporate-to-Bank” segments to ensure end-to-end connectivity.
- Automation Depth: Tools were ranked higher if they featured native AI capabilities for document checking and rule-matching (UCP/ISBP) rather than simple data entry forms.
- Blockchain and DLT Maturity: We looked for platforms that have successfully moved beyond “proof of concept” to live, production-grade digital document and payment networks.
- Global Compliance Standards: Each platform was evaluated on its ability to support international trade regulations and its integration with global sanctions and AML databases.
- Implementation Timeframes: We favored SaaS-based models that allow for faster deployment and lower upfront infrastructure costs compared to legacy on-premise installations.
Top 10 Trade Finance Platforms
1. Finastra
Finastra’s Trade Innovation platform is a market leader for high-volume financial institutions, offering a comprehensive, multi-bank solution for managing the entire trade lifecycle. It is built on an open-architecture model that allows banks to easily integrate third-party fintech apps for specialized tasks like ESG scoring or specialized risk management.
Key Features
- Comprehensive Instrument Support: Handles a massive range of products including LCs, Guarantees, Collections, and specialized Trade Loans.
- Open API Marketplace: Connects to Finastra’s “FusionFabric.cloud” to allow users to add “best-of-breed” fintech apps directly to their workflow.
- SWIFT Connectivity: Fully integrated SWIFT messaging for seamless global communication between financial institutions.
- Automated Compliance: Built-in screening for AML, sanctions, and dual-use goods to ensure every transaction meets global regulatory standards.
- Real-Time Dashboards: Provides a unified view of a bank’s global trade position, credit exposures, and operational performance.
Pros
- Unmatched scalability for global Tier-1 banks managing millions of transactions across dozens of countries.
- The open API strategy allows banks to stay modern without replacing their core trade system.
Cons
- The platform’s complexity and depth require a significant training investment for bank staff.
- Implementation projects can be long and resource-intensive for the bank’s IT department.
Security & Compliance
- ISO 27001 and SOC 2 Type II certified.
- Comprehensive support for international trade standards including eUCP and eURC.
2. Surecomp
Surecomp is a dominant force in trade finance automation, offering its “RIVO” platform for corporates and its “DOKA” system for banks. It is widely recognized for its “Trade Finance-as-a-Service” (TFaaS) model, which makes enterprise-grade technology accessible to organizations of all sizes.
Key Features
- RIVO Multi-Bank Hub: A specialized dashboard for corporate treasurers to manage their entire bank group’s trade finance in one place.
- AI Document Checking: Uses sophisticated AI to validate LC documents in seconds, reducing manual review time by over 60%.
- Zero-Touch Processing: Enables fully automated issuance for standard bank guarantees and standby LCs based on pre-approved templates.
- ESG Scoring Integration: Automatically tracks and scores the sustainability of trade transactions to support green finance initiatives.
- Fintech Marketplace: A built-in hub to connect with third-party providers for vessel tracking, legal review, and insurance.
Pros
- Offers the most user-friendly interface for corporate treasury teams, making it easy to see all bank limits in one view.
- The cloud-based SaaS model allows for rapid deployment—often in a matter of weeks.
Cons
- Advanced AI and ESG features are often gated behind higher-tier subscription plans.
- Highly customized document templates may still require some professional services setup.
Security & Compliance
- GDPR compliant and SOC 2 Type II certified.
- MLETR-ready for digital document title transfers.
3. CGI
CGI Trade360 is a world-class, multi-bank SaaS platform used by over 27 major financial institutions globally. It is known for its “shared-application” model, which allows banks to benefit from collective innovation and a unified global data architecture.
Key Features
- Intelligent Process Automation: Uses advanced robotics and AI to automate the back-office tasks of trade finance, from data entry to settlement.
- Unified Global View: Allows banks to run their global trade business on a single instance of the software across all time zones and regions.
- Supply Chain Finance Module: Includes robust tools for both receivables and payables financing within the same trade environment.
- Integrated Compliance Suite: Seamlessly screens transactions for sanctions and fraud without leaving the primary trade dashboard.
- API-First Design: Extensive library of APIs to connect with external logistics, insurance, and corporate ERP systems.
Pros
- Extremely high reliability and uptime, backed by CGI’s global enterprise infrastructure.
- The shared-application model means all banks on the platform benefit from regulatory updates simultaneously.
Cons
- The standardized nature of the SaaS platform can limit extreme levels of custom UI branding for individual banks.
- Focused primarily on the bank-to-corporate relationship, rather than being a standalone corporate tool.
Security & Compliance
- Enterprise-grade security with full ISO and SOC compliance.
- Deep alignment with SWIFT gpi for real-time payment tracking.
4. SAP Taulia
SAP Taulia is a leading provider of working capital solutions, specializing in supply chain finance and dynamic discounting. Since being acquired by SAP, it has become the “inside-the-box” choice for companies running on SAP S/4HANA that want to optimize their supplier payments.
Key Features
- Native SAP Integration: Built directly into the SAP environment, allowing for “one-click” financing of invoices.
- Flexible Funding Models: Allows companies to fund their own early payments (Dynamic Discounting) or use external bank liquidity (Supply Chain Finance).
- Self-Service Supplier Portal: Suppliers can easily log in to see their invoice status and choose which ones to get paid early.
- AI Cash Forecasting: Uses historical payment data to predict future cash needs and optimize the timing of financing offers.
- Sustainable Supplier Finance: Offers tiered financing rates based on a supplier’s ESG performance data.
Pros
- Zero integration friction for existing SAP users; the data flows natively between the ERP and the finance platform.
- The “Flexible Funding” feature allows treasurers to switch between using their own cash and bank cash as market conditions change.
Cons
- Best suited for supply chain finance (payables); not a replacement for a full “Letter of Credit” management system.
- Smaller suppliers may find the onboarding process for large programs slightly complex if they lack digital maturity.
Security & Compliance
- High-level corporate security with SSO and multi-factor authentication.
- Full GDPR compliance for supplier data protection.
5. LiquidX
LiquidX is a specialized digital marketplace for trade finance, focusing on the “monetization” of accounts receivable and inventory. It is unique for its “InBlock” technology, which digitizes trade assets to make them more attractive and transparent to a global network of funders.
Key Features
- InBlock Technology: Uses DLT to create a “digital twin” of a trade asset, ensuring it is verified and cannot be double-financed.
- Multi-Funder Marketplace: Connects corporates to a vast network of banks and non-bank investors to secure the most competitive funding rates.
- Real-Time Credit Insurance: Integrates with leading credit insurers to provide instant coverage for receivables financing.
- Automated Accounting: Automatically handles the complex accounting treatment for non-recourse trade transactions.
- Inventory Finance Module: Provides visibility and financing for goods “in-transit” or sitting in third-party warehouses.
Pros
- Excellent for companies looking to diversify their funding sources beyond their traditional bank group.
- The “InBlock” technology provides a level of fraud protection that traditional paper-based systems cannot match.
Cons
- Primarily focused on receivables and inventory, making it less suitable for companies needing traditional Import/Export LCs.
- The marketplace model requires the user to manage relationships with multiple potential funders.
Security & Compliance
- SOC 2 Type II certified with robust encryption for trade asset data.
- Advanced fraud detection and “double-financing” prevention algorithms.
6. Tradeshift
Tradeshift is a cloud-based platform that blends e-invoicing, B2B marketplaces, and trade finance into a single ecosystem. It is famous for its “social-style” interface and its “app-store” model, which allows businesses to customize their trade finance experience with specialized tools.
Key Features
- Unified Business Network: Connects millions of businesses on a single social-style platform for transacting and communicating.
- Tradeshift Pay: A sophisticated e-invoicing and payment solution that includes built-in supply chain finance options.
- Global App Store: A marketplace of third-party apps for things like tax compliance, carbon tracking, and specialized lending.
- AI-Driven Data Capture: Automatically extracts data from digital and paper invoices with high precision to trigger financing.
- Blockchain-Ready Wallet: Includes a digital wallet for secure, cross-border payments and programmable finance.
Pros
- The most modern and intuitive user interface in the trade finance space, designed for high user adoption.
- Strongest e-invoicing capabilities, which serve as the perfect “on-ramp” for financing requests.
Cons
- The focus on a “networked” approach may be more than some companies need if they only want a private bank-to-corporate link.
- The “App-Store” model can lead to a fragmented experience if too many third-party tools are added.
Security & Compliance
- SOC 1/2/3 and ISO 27001 certified.
- Automated tax and regulatory compliance in over 50 countries.
7. Traydstream
Traydstream is a specialized AI-native platform designed to solve the most difficult part of trade finance: document checking. It is used by both banks and large corporates to automate the “scrutiny” of trade documents against international banking standards.
Key Features
- AI-Powered OCR: Digitizes messy, handwritten, or complex multi-page shipping documents with industry-leading accuracy.
- Automated Rule-Checking: Automatically audits documents against UCP 600, ISBP, and URC standards to find discrepancies.
- Sanctions & Vessel Screening: Integrates with global databases to check for dual-use goods, sanctioned entities, and vessel “dark-activity.”
- Smart Workflow Management: Prioritizes documents based on urgency and discrepancy risk, allowing human experts to focus only on exceptions.
- Bank-Level API Integration: Connects directly to a bank’s core trade system to push/pull document data seamlessly.
Pros
- Drastically reduces document turnaround time from several days to just a few minutes.
- Significantly improves compliance and risk management by catching human errors that manual checkers might miss.
Cons
- It is a “specialist” tool for document checking, not a full end-to-end platform for issuing trade instruments.
- Requires high-quality data and clear document scans to reach its maximum AI accuracy.
Security & Compliance
- SOC 2 Type II and ISO 27001 certified.
- Deeply aligned with the latest ICC guidelines for digital trade documents.
8. Mitigram
Mitigram is a leading “Multi-Bank Trade Finance Network” designed for large corporate treasurers who want a competitive, transparent way to price their trade finance transactions. It is widely used for its “Quote” system, which allows companies to get real-time pricing from their entire bank group.
Key Features
- Global Quoting Engine: Allows corporates to send “Requests for Quote” (RFQs) to multiple banks simultaneously for LCs and Guarantees.
- Exposure Management: Provides a real-time dashboard showing the company’s total exposure and credit limit utilization across all banks.
- Bank Performance Benchmarking: Analytics that allow corporates to compare bank pricing and response times over time.
- Collaborative Doc Exchange: A secure environment for banks and corporates to collaborate on the wording of complex guarantees.
- Seamless Bank Onboarding: Banks can join the network easily with minimal IT overhead, ensuring high corporate-to-bank connectivity.
Pros
- The best platform for “price discovery,” often saving companies millions in bank fees through competitive quoting.
- Extremely easy to use, with a focused dashboard that gives treasurers immediate control over their global trade limits.
Cons
- Primarily a “front-end” communication and quoting tool; it does not handle the “back-office” accounting or settlement.
- For very small companies with only one bank, the quoting features may be unnecessary.
Security & Compliance
- SOC 2 Type II compliant with enterprise-grade data encryption.
- Audit trails for every bank communication and quote received.
9. Komgo
Komgo is a blockchain-based platform originally built by a consortium of the world’s largest banks and commodity traders. It is the premier tool for the commodity trade finance industry, known for its “Trak” and “Konsole” modules that provide a secure, unalterable record of trade.
Key Features
- Digital KYC Vault: A secure, shared environment for managing and sharing “Know Your Customer” documents to speed up bank onboarding.
- Konsole Dashboard: A unified tool for issuing and managing digital Letters of Credit and Standby LCs with blockchain security.
- Trak (Digital Audit Trail): Provides a tamper-proof record of every document and communication in a trade transaction.
- Commodity-Specific Workflows: Tailored features for the oil, gas, and metals industries, including specialized certificate management.
- Direct Bank Integration: Deeply integrated with the world’s top commodity banks (e.g., ING, SocGen, Citi).
Pros
- The “Gold Standard” for security in commodity trade, where fraud and document tampering are high risks.
- The Digital KYC vault is a major time-saver for large corporates that work with dozens of banks.
Cons
- Its focus on commodity trade means its interface and features may feel overly specialized for general manufacturing or retail.
- Being a blockchain-based network, its full value is only realized when both the bank and the corporate are members.
Security & Compliance
- Built on R3 Corda blockchain technology for maximum security and data privacy.
- ISO 27001 and GDPR compliant.
10. Intellect Design Arena
Intellect Design Arena offers “eMACH.ai Trade Finance,” a comprehensive, AI-first platform designed for modern banks. It is known for its “Composable Architecture,” which allows banks to build their trade finance system using a series of specialized “Digital Experts” (microservices).
Key Features
- AI Digital Experts: Specialized AI modules for “Document Scrutiny,” “Compliance Vetting,” and “LC Workability” that act as automated assistants.
- Composable Architecture: Banks can select and deploy only the specific trade finance modules they need, avoiding a “monolithic” system.
- High Straight-Through Processing (STP): Designed to achieve 99% STP for standard trade transactions by automating data flow and checks.
- Integrated Payments & Escrow: Seamlessly connects trade visibility with actual fund transfers and digital escrow accounts.
- Multi-lingual & Multi-currency: Built for global operations with native support for complex international trade corridors.
Pros
- The most flexible platform for banks that want a “bespoke” feel with the speed of a ready-made SaaS tool.
- The AI “Digital Experts” provide a high level of operational efficiency that reduces the need for large manual teams.
Cons
- The “Composable” nature means the initial design phase requires a clear vision from the bank’s IT leadership.
- Intellect’s presence is currently strongest in Asia and the Middle East, with growing but less dominant coverage in North America.
Security & Compliance
- SOC 2 Type II and ISO 27001 certified.
- Built-in support for global regulations including UCP 600 and sanctions screening.
Comparison Table (Top 10)
| Tool Name | Best For | Platform(s) Supported | Deployment | Standout Feature |
| 1. Finastra | Tier-1 Global Banks | Web | Cloud / Hybrid | FusionFabric API Marketplace |
| 2. Surecomp | Corporate Multi-bank Management | Web | Cloud (SaaS) | RIVO Hub for Corporates |
| 3. CGI | Shared-SaaS for Global Banks | Web | Cloud (SaaS) | Trade360 Unified Architecture |
| 4. SAP Taulia | SAP-centric Supply Chain Finance | Web / SAP Native | Cloud (SaaS) | Deep S/4HANA Integration |
| 5. LiquidX | Receivables Monetization | Web | Cloud (SaaS) | InBlock DLT Asset Tracking |
| 6. Tradeshift | E-invoicing and Trade Network | Web / Mobile | Cloud (SaaS) | App-Store Model for B2B |
| 7. Traydstream | AI Document Scrutiny | Web | Cloud (SaaS) | Automated UCP/ISBP Auditing |
| 8. Mitigram | Multi-bank Price Quoting | Web | Cloud (SaaS) | RFQ Quoting Engine |
| 9. Komgo | Commodity Trade Finance | Web | Blockchain (DLT) | Digital KYC Vault |
| 10. Intellect Design | Composable AI-First Banking | Web | Cloud (SaaS) | AI “Digital Expert” Assistants |
Evaluation & Scoring of Trade Finance Platforms
The scoring below is a comparative model intended to help shortlisting. Each criterion is scored from 1–10, then a weighted total from 0–10 is calculated using the weights listed. These are analyst estimates based on typical fit and common workflow requirements, not public ratings.
Weights:
- Price / value – 15%
- Core features – 25%
- Ease of use – 15%
- Integrations & ecosystem – 15%
- Security & compliance – 10%
- Performance & reliability – 10%
- Support & community – 10%
| Tool Name | Automation (25%) | Modal Depth (20%) | Integrations (15%) | Security/Risk (20%) | Ease of Use (10%) | Global Reach (10%) | Weighted Total |
| 1. Finastra | 9 | 10 | 10 | 10 | 6 | 10 | 9.2 |
| 2. Surecomp | 10 | 9 | 9 | 9 | 9 | 9 | 9.2 |
| 3. CGI | 9 | 9 | 9 | 10 | 7 | 10 | 9.0 |
| 4. SAP Taulia | 8 | 6 | 10 | 9 | 10 | 9 | 8.5 |
| 5. LiquidX | 9 | 7 | 8 | 10 | 8 | 8 | 8.4 |
| 6. Tradeshift | 9 | 6 | 9 | 9 | 10 | 9 | 8.6 |
| 7. Traydstream | 10 | 5 | 8 | 10 | 8 | 8 | 8.3 |
| 8. Mitigram | 7 | 8 | 8 | 9 | 10 | 9 | 8.4 |
| 9. Komgo | 8 | 7 | 7 | 10 | 8 | 9 | 8.2 |
| 10. Intellect Design | 10 | 9 | 9 | 9 | 7 | 8 | 8.9 |
Which Trade Finance Platform Tool Is Right for You?
Global Corporate Treasury
If you are managing trade across dozens of banks and hundreds of entities, 2. Surecomp (RIVO) or 8. Mitigram are the best choices. 2. Surecomp provides deep workflow automation, while 8. Mitigram is superior if your primary goal is reducing bank fees through competitive quoting.
Large Multi-national Bank
For Tier-1 banks that need to run their entire global trade business on a single, secure platform, 1. Finastra or 3. CGI are the industry standards. They offer the scalability and regulatory depth required by major financial institutions.
SAP-Driven Organizations
If your company’s world revolves around SAP, 4. SAP Taulia is the logical choice. It offers the most “frictionless” way to unlock liquidity from your supply chain without needing to implement a standalone third-party platform.
High-Frequency Commodity Traders
In the world of oil, gas, and metals, security and document provenance are everything. 9. Komgo is the premier choice here, providing a blockchain-backed environment that is specifically tailored to the unique risks of the commodity markets.
AI and Innovation Leaders
If your goal is to minimize manual labor through the most advanced AI available, 7. Traydstream (for document checking) and 10. Intellect Design (for bank operations) are at the cutting edge. They are designed to act as “Digital Assistants” rather than just passive data repositories.
Frequently Asked Questions (FAQs)
What is the difference between trade finance and supply chain finance?
Trade finance uses instruments like Letters of Credit to mitigate risk between a buyer and seller. Supply chain finance (SCF) is a sub-set that usually involves a buyer helping their suppliers get paid early by a bank.
Do these platforms replace my existing bank relationships?
No, these platforms are “bank-agnostic” tools that sit between you and your banks. They help you communicate with your existing banks more efficiently, but you still need a credit facility with those banks.
How does blockchain improve trade finance platforms?
Blockchain creates a “single version of the truth” for digital documents like Bills of Lading. This prevents fraud, such as someone trying to finance the same invoice twice with different banks.
Can I use these platforms if my suppliers are still using paper?
Yes, most platforms like 7. Traydstream and 2. Surecomp include AI-powered “digitization” tools that can read a paper scan and convert it into digital data for your system.
Is it secure to put my financial trade data on a cloud platform?
Modern platforms use enterprise-grade encryption and SOC 2 Type II protocols, which are often more secure than the email and fax methods traditionally used in trade finance.
How much does it cost to implement a trade finance platform?
Costs vary wildly; a SaaS tool for an SMB might have a low monthly fee, while an enterprise-wide deployment for a global bank can cost millions in licensing and integration.
What is the “Trade Finance Gap”?
It refers to the difference between the demand for trade finance and the amount of credit actually available. Digital platforms help close this gap by making it easier and safer for banks to lend to smaller businesses.
Do these tools help with ESG reporting?
Yes, many platforms now integrate with third-party ESG data providers to track the sustainability of every transaction, which is essential for meeting new global reporting laws.
How long does it take to get my team trained on these tools?
Modern SaaS tools like 8. Mitigram or 6. Tradeshift are designed to be intuitive and can often be learned in a few days. Complex banking platforms like 1. Finastra may require several weeks of training.
Can these platforms help prevent sanctions violations?
Yes, they include automated “Sanctions Screening” modules that check every party in a transaction against global watchlists, instantly blocking any deal that involves a sanctioned entity.
Conclusion
The selection of a trade finance platform is a decision that impacts every corner of a business, from the treasury and legal departments to the procurement and supply chain teams. While legacy systems focused purely on recording data, the top platforms of today—led by innovators like Finastra and Surecomp—are focused on “Intelligence” and “Connectivity.” By choosing a platform that aligns with your specific volume, modal needs, and technology stack, you can turn trade finance from a slow, administrative burden into a high-speed competitive advantage.