Financial Supply Chain Bolero Financial Supply Chain Solutions Bolero Application Suites BoleroAdvise Bolero's Trusted Trade Platform			BoleroAdvise BoleroAdvise is a powerful new application service that enables Banks to bring Documentary Credit Advices and Guarantees on-line, and Exporters to view, print and download the same Documentary Credit Advice, effectively replacing the traditional paper-based mail and fax solutions that exporters currently use. BoleroAdvise introduces speed and efficiency into the Documentary Credit Advice process, and can help both Exporters and their Banks to unlock real value from the Financial Supply Chain. BoleroAdvise provides Exporters with an accessible and easy-to-install multi-banking service that allows them to receive all their Documentary Credit Advices on the same platform, in the same format, regardless of the identity of the advising Bank. For Banks, BoleroAdvise can also provide a clear competitive advantage by providing a valuable differentiator in the Financial Supply Chain arena. BoleroAdvise deals with the following specific activities of the Advising Bank’s Documentary Credit and Guarantees operation: Documentary Credit Advice The beneficiary is advised of the terms and conditions of a new Documentary Credit that has been issued in its favour. BoleroAdvise covers all types of Documentary Credits, including Stand-Bys. Documentary Credit Amendment - Advising the beneficiary of changes to the terms and conditions of a pre-existing Documentary Credit. Guarantee - Advising the beneficiary of the terms and conditions on a new Guarantee that has been issued in its favour. Guarantee Amendment - Advising the beneficiary of changes to the terms and conditions of an existing Guarantee. In all of the above cases, the activity, supported by BoleroAdvise, is limited to one-way communication from the advising Bank to the beneficiary. Communication results as a consequence of information being received by the advising Bank from the issuing Bank. This is conducted via the established SWIFT network, which has a global reputation for security, integrity and reliability. Banks offering BoleroAdvise to their export customers can take advantage of three key components: BoleroAdvise Gateway – allows the Bank to create Documentary Credit and Guarantee Advices and send them to their exporter customers. The Gateway is an automated solution for the translation of incoming Documentary Credits and Guarantees into BoleroXML and the sending of the resulting advices to the Exporter The right to connect Exporter customers – Exporters connect to BoleroAdvise in receive-only mode – not as full Bolero members – ensuring that there’s a very fast on-line registration process BoleroAdvise Web interface – this allows Exporters to view, print and download Documentary Credit and Guarantee Advices for use in their downstream processes such as shipping instructions. BoleroAdvise provides a standard, open infrastructure for both Banks and Exporters. It provides a clear audit trail for Documentary Credit Advices and Amendments, with information presented for all in a standard and user-friendly format. A key benefit for both parties is that because Exporters can now download Documentary Advises in electronic form, Banks should now find fewer discrepancies in documents that are presented back to them under the Documentary Credit. An additional benefit for Exporters is that they can now process and route Documentary Advices throughout their own organisation in an electronic format.