Entries by

Bolero announces flagship client for Galileo TPaaS for Banks; the industry’s first white-labelled trade finance portal-as-a-service solution.

London, Hong Kong, Singapore & Tokyo, 08 February 2021 – Bolero International, the leading cloud-based trade finance digitization experts, announce the signing of UBS as its first major customer for Galileo TPaaS, its new white-labelled trade finance portal-as-a-service solution for banks. The innovative solution helps financial institutions provide their corporate clients with unrivalled functionality and a […]

, , ,

Four Things Banks Must Look Out For When Upgrading Their Client Portals

The pandemic had previously put a break on impending SWIFT Releases that were originally penciled in for 2020. When those were pushed back to November 2021, that was a welcome deferment to allow financial institutions to ready themselves for the upcoming changes to Trade Finance Category 7 for Guarantees and Standby Letters of Credit.   No […]

Bolero Supports Growth Across Asia-Pacific (APAC) with the Relocation of Bolero Co-founder Paul Mallon.

London, Hong Kong, Singapore & Tokyo, 18 October 2021 – Bolero International, the leading provider of cloud-based trade finance digitisation solutions, announce the relocation of company co-founder Paul Mallon to Singapore in a strategic move. Paul Mallon will take up the role of COO Asia-Pacific and will be leading Bolero’s ambitious global growth strategy as trade […]

Bolero sees great network growth and promotes Chris Broster to the CFO role.

London, Hong Kong, Singapore & Tokyo, 27 July 2021 – Bolero International, the leading cloud-based trade finance digitisation experts, announced today the promotion of Chris Broster to the role of Chief Financial Officer. With trade finance digitisation kicking into a higher gear as well as Bolero’s continued investment into its platforms, the market has received its […]

, , ,

4 Benefits of The Electronic Bill of Lading That Should Increase Utilisation

The electronic bill of lading (eBL) is already enabling trade counterparties to get their hands on cargoes days faster, freeing up working capital along the global supply chain. The Digital Container Shipping Association (DCSA) estimate that adoption of eBLs currently accounts for only 0.1% of all bill of lading issuances and an increase to 50% […]

Vincent Acors Joins Bolero International from MonetaGo as new Trade Finance Director for APAC.

London, Hong Kong, Singapore & Tokyo, 3 June 2021 – Bolero International, the leading cloud-based trade finance digitisation experts announce the appointment of Vincent Acors as their new Trade Finance director for the Asia-Pacific region. Based out of Bolero’s Singapore office, Vincent will be responsible for business operations and Bolero’s growth strategy to build on […]

Innovative FinTech TradeFlow boosts their trade finance operations with Bolero’s eBL solution

London, Hong Kong, Singapore & Tokyo, 19 April 2021 – The leading FinTech-powered commodities trade enabler TradeFlow Capital Management (TradeFlow) have incorporated the eBL solution from Bolero’s newest technology platform, Galileo, into its suite of digital trade solutions, future-proofing their digital trade services. TradeFlow leverage Galileo as the platform delivers greater functionality and seamless integration with banks and other third-party systems, […]

Bolero International announces major partnership with Virtusa for white-labelled trade finance portal-as-a-service solution Galileo TPaaS for Banks.

London, Hong Kong, Singapore & Tokyo, 14 April 2021 – Bolero International, the leaders in cloud-based trade finance digitisation, announces its worldwide partnership with Virtusa Corporation, a global provider of digital strategy and IT services and solutions, for Bolero’s new white-labelled trade finance portal-as-a-service solution Galileo TPaaS for Banks. This news follows Bolero’s release of the world’s first white-labelled trade […]

International Islamic Trade Finance Corporation (ITFC) conducts first transaction with partners on Bolero’s trade finance platform.

London, 31 March 2021 – A Cash Against Documents transaction orchestrated by Saudi-based ITFC was successfully completed between SOFITEX and Louis Dreyfus Company (LDC), using an electronic bill of lading issued by the CMA CGM Group, a world leader in shipping and logistics, through Bolero’s digital trade finance platform for the first time.  The transaction concerned a cotton shipment originating from Burkina Faso, shipped by CMA CGM Group from the Port of Lomé in Togo.  Bolero’s cutting-edge platform executed the encrypted exchange of documents rapidly and smoothly, accelerating […]

, , , , , , , ,

Part 2: The next frontier of digital trade finance – Galileo TPaaS for Banks

Anchal Tiwari, Head of Products For more than 2 decades, Bolero has been at the forefront of Trade digitisation. We have been working with largest corporate clients, banks, and shipping companies to digitise their trade processes and identify use cases which were not previously addressed by the market. We were the first to pioneer the […]