Bolero delivers multi-bank trade finance solutions for Corporates, Commodity Traders and Banks, particularly for “traditional” trade finance utilizing Letters of Credit, Guarantees and Documentary Collections.

Bolero provides a standardised service which requires no infrastructure investment and is designed for fast deployment and speedy realisation of value to all participants.

Bolero provides a unique and highly secure multi-bank trade messaging infrastructure enabling standardised multi-bank communication for a corporate with all its partner banks whilst at the same time providing a standardised multi-bank communication channel for a bank to its corporate customers.

In addition, Bolero provides comprehensive “on-demand” web-based applications in support of the end-to-end trade finance processes to automate Export Letter of Credit, Import Letter of Credit, Guarantee Applications, Beneficiary-side Guarantees and Documentary Collections. Bolero has also deployed, in partnership with a significant global bank, a substantial supply chain finance solution for a large US retailer and its major suppliers across Asia.

Bolero acts as an independent intermediary and trusted third party bringing together corporates and banks to deliver multi-bank standardisation and to enable trade finance collaboration.