Bank of New York Mellon Corp. has unveiled Global Trade Finance Solutions, an online platform tailored for corporate and bank users.

It allows for "end-to-end management of transactional details, processing issues, and critical information along every step of the supply chain process," Bank of New York Mellon said Tuesday.

One component is Trade Workstation, a portal "that integrates all of the essential functionalities of both letter of credit and open account transactions into a single on-line platform, enabling users to process and manage the full scope of their global trade finance transactions electronically from any Internet location."

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.