Komgo acquires GTC to create the world’s largest platform for digitalisation of trade finance

Toronto, Canada – Geneva Switzerland, December 1, 2022: GlobalTrade Corporation (GTC) has announced today that it has been acquired by Swiss headquartered Komgo.  Jointly Komgo and GTC provide trade finance digitalisation solutions to over 120 multinational clients and their 11,000+ subsidiaries, connecting them to their financial institutions and trade service providers on a global basis.…

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GlobalTrade Corporation (GTC) Achieves SOC 1 Type 2 Certification

Toronto, Canada – September 30, 2022 — GlobalTrade Corporation (GTC) announced that it has achieved System and Organization Controls (SOC 1) Type 2 compliance. SOC 1 Type 2 certification is a widely recognized auditing standard aimed at evaluation and attestation of controls, ensuring their effective design, implementation, and operating effectiveness over a nine-month observation period.…

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GTC renews its SWIFT Alliance Lite2 for Business Applications (L2BA) certification

Toronto, Canada, September 15, 2022: GlobalTrade Corporation (GTC) announced today that it has successfully renewed its SWIFT Alliance Lite2 for Business Applications (L2BA) certification for its @Globaltrade Platform. The SWIFT L2BA certification recognizes GTC’s @GlobalTrade platform as a one-stop-shop for trade finance instrument management and secure bank connectivity.  By signing up for GTC’s L2BA service…

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Wärtsilä Corporation chooses GTC Solution to fully digitize its trade finance business

Toronto, Canada, September 12, 2022: GlobalTrade Corporation (GTC) has announced today that Wärtsilä Corporation, a global leader in innovative technologies and life cycle solutions for the marine and energy markets, has selected its @GlobalTrade™ Multi-bank Trade Finance Platform for managing and digitizing their bank guarantees, standbys, surety bonds, corporate guarantees, as well as export documentary…

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