Nomentia Trade Finance
Automate and digitalize the management of all guarantees and letters of credit.
Centrally manage all guarantees & LCs
Gain instant visibility into group-wide guarantees and guarantee status. Manage all processes related to internal and external guarantees in one platform.
Transparency at all levels of the organization
Centralized guarantee management
- Manage all internal and external guarantees and end-to-end guarantee processes in one place
- Optimal user management with role- and entity-based permissions
- Full transparency over the history of guarantees and modifications through audit trail
- Easy tracking of all guarantees status in each process step
- Digitally modify guarantees, create text, and add attachments
- Review all data and follow up by allocating credit facility, requesting more information, approving or rejecting applications
- Communicate with colleagues through the platform with a commenting functionality
Guarantee management automation
- Automate the entire guarantee management process of internal requests, reviews, external requests, and certificate issuance
- Digitalize your information exchanges with banks associated with requesting, amending, and returning guarantees with the aid of SWIFT standard formats
- Replace bank-specific request forms with a standardized request form
- Sign request forms to banks digitally with DocuSign, Adobe Sign, or other signatory integrations, and send them to banks directly from the platform
- Fully automate the internal billing process
- Add an automated settlement system to your guarantee management and administration tasks
Analytics and reporting
Reports and dashboards
Filter your worldwide portfolio of guarantees based on criteria like guarantee type, purpose, beneficiary, due date, guarantor, counterparty, or currency
Set up various external, internal, statistical, and flexible fee categories, including the related guarantee fees and commissions
Drilldown to different guarantee status in all phases of the guarantee management process
- Run different reports like guarantee engagement reports, counterparty reports, and detail-reports
- Analyze guarantee bank fees
- Send guarantees to banks via SWIFT, H2H, EBICS or email from the platform
- Connect to any ERP system
- Connect to any treasury management system
- Integrated SAP R3 and S4HANA connectivity
- Digital signatory with DocuSign, Adobe Sign, or other signatory integrations
The security of the cloud
Security & compliance
- Login via multi-factor authentication or SSO
- Centralized user rights management to control employee’s access based on their roles for SOX compliance
- Nomentia Trade Finance is hosted on Microsoft Azure, a secure cloud-based solution
- Nomentia holds the following certifications: ISO/IEC 27001 Information Security Management System (ISMS), ISAE 3402 TYPE 2, and SWIFT Certified Application (Cash Management for Corporates and CSP compliance)
Global Guarantee Management
Nomentia Trade Finance features
End-to-end automationAutomate the entire guarantee management process of internal requests, reviews, external requests, and certificate issuance.
View historic modifications to each guarantee with the help of audit trail.
Digital signatory of guarantees through integrations with DocuSign, Adobe Sign, and other signatory systems.
Set up user settings in such a way that users only have access to their designated part of the guarantee management process.
Compare the guarantee fees charged by your banks and generate ready-to-go invoices for your subsidiaries.
Customized reportsRun different reports like guarantee engagement reports, counterparty reports, and detail-reports.
Automatically send email notifications to certain users when their action is required in the guarantee management process.
Automatically schedule reports in advance so they are ready when you need them to be.
Bank fee analyses
Set up various external, internal, statistical, and flexible fee categories, including the related guarantee fees and commissions.
Digitally modify guarantees, request approval, and send them further down the process to the next user.
Companies using Nomentia Trade Finance
Transforming trade finance on a global scale.
Trade finance for DNV
"Nomentia helps us easily capture account clearing, financial status, and cash flow forecasting data and also supports us in other work-intensive processes such as I/C and guarantee settlement"
Would you like to see a demo?
There's only so much we can show on this page. Book a demo and ask all your questions!
We’d love to meet you!
Nomentia has a hyper modular approach. Take only the solutions that you need and integrate them into your existing technology stack.
Connect with your banks easily
We help you to connect with over 10 000 banks globally through host-to-host, SWIFT, and local connections.