This year, Global Finance magazine recognized CGI as one of the world’s best trade finance providers based on input from banks, industry analysts, corporate executives and technology experts. CGI received the magazine’s 2022 Global Finance Award in the category of Global Best Trade Finance Software Provider.
Global Finance, a premier finance magazine with 50,000+ readers in 163 countries, selects winners for trade and supply chain finance awards on an annual basis. Winners are chosen based on qualities that companies should consider carefully when choosing a provider, including customer knowledge, financial strength, strategic relationships, governance, pricing, product and service innovation, and more. This year’s winners span 102 countries and 8 regions.
CGI Trade360 helped us bring home the award for best trade finance software provider. Recent CGI Trade360 enhancements drive innovation in trade and supply chain finance, particularly through APIs, enabling clients to accelerate digitization and interoperability. These enhancements include the following:
- Straight-through processing for payables financing
- Incorporation of an eSignature solution into trade finance workflows
- Integration of intelligent process automation into the platform
- Integration with a digital document platform
- Leveraging of blockchain technology
- New sustainable supply chain finance and sustainability-linked loan product offerings
CGI Trade360 delivers all of the software, infrastructure and support resources necessary to power a bank's global trade business. Delivered primarily as a software as a service, CGI Trade360 enables banks to provide the full range of traditional trade, supply chain (payables, receivables), cash and collateral management services to their customers—anywhere, anytime—on a single, integrated and global platform.
"CGI is honored to receive the Global Finance award for Best Trade Finance Software Provider," said Frank Tezzi, Vice President, Trade & Supply Chain, at CGI. "I am proud of our teams and CGI’s trade solutions, which have proven to be resilient in adapting to the changes occurring in global trade finance. We remain committed to helping our clients grow their business leveraging CGI’s market-leading solution in the highly competitive trade finance marketplace."
"Based on our latest CGI Voice of Our Clients research, driving a better end-to-end customer experience through customer-centric operating models, digitization and process automation are on the top of finance executives’ minds," said CGI’s Andy Schmidt, Vice President, Global Industry Lead, Banking. "Our ongoing investment in CGI Trade360 ensures we continue to keep pace with evolving client needs and remain their partner of choice for trade finance."