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."
