Corporates of every size and type are challenged by the time-consuming and cumbersome process of having to manage multiple trade finance financiers. The onerous task of logging into different banking portals and the inefficient manual communication across the entire trade finance ecosystem gives rise to unnecessary delays in supply chain, exposure to fraud and hampered revenue growth.
RIVO™ - our collaborative trade finance platform - is a digital hub through which any trade and supply chain finance instrument can be requested, monitored and secured to centralize and accelerate processing. This web-based portal provides open API access to every trade participant for a completely streamlined transaction process.
Available on demand, anytime, anywhere to anyone... just imagine.
A web-based platform accessed via an intuitive, user-friendly interface, RIVO™ is available in a range of subscription packages based on transaction volume. Fast and easy to navigate, the solution is designed to bring together importers, exporters, financiers, insurers, agencies and freight forwarders to efficiently collaborate on finalizing the details of a trade finance transaction in the most timely way.
By using the platform to execute trade finance requests, corporates can benefit from corresponding with every party through a single channel which saves time, improves efficiency and ultimately drives growth through the facilitation of increased trade transaction.
Key features and benefits
- Collaborative management of documents; draft, issue, amend
- Real-time advice and update notification between ecosystem parties
- Centralized communication for ease of tracking and version control
- Acceleration of trade finance transaction lifestyle processing
- Electronic issue and exchange of MLETR-ready digital documents
- Efficient and timely resolution of document requests, queries, approvals and rejections
- Monitoring of limits and utilization to effectively manage credit facilities with lenders
- Increased visibility of liquidity with payment plans
- Guaranteed regulatory compliance and transparency
Here's a quick Welcome Tour to RIVO: