Author Archives: gtc-update

Toronto, Canada, September 1, 2011 – GlobalTrade Corporation (GTC) has announced today that MBDA, a world leader in missiles and missile systems has selected its @GlobalTrade Standby LC/Guarantee Issuance System for managing standby letters of credit, bank guarantees, surety bonds and corporate guarantees across all business operations. ‘The functionality of the system and its ability to…

Toronto, Canada, April 29, 2011 – GlobalTrade Corporation (GTC) has announced today that it is launching a Software as a Service (SaaS) offering multibankportal.com. The service would be offered through data centers in North America and Europe, and offer three of GTC’s main @GlobalTrade platform products: Standby LC/Guarantee Issuance, Export Documentary Credit, and Import Documentary Credit. All systems…

Toronto, Canada, March 1, 2011 – GlobalTrade Corporation (GTC) today announced that it will start licensing its LC Monitor/Trade Services Update (TSU) data base to banks for use on their trade finance portals. Since 1999 www.lcmonitor.com has been providing information about the practical aspects of payment instruments in international trade. Over seven hundred articles have been published on…

Toronto, Canada, February 10, 2011 – GlobalTrade Corporation (GTC) today announced the launch of @GlobalTrade Dynamic Message Converter, a new product designed to help banks convert traditional SWIFT Category 7 trade messages into the new MT 798, German DTA, proprietary XML and ISO 20022 standards. ‘We have developed this middleware product to assist banks with a…