New Document Management Module Added to Trade Finance Solution
NEOMAlogic, a provider of Internet-based Trade Finance solutions, has added on-line document preparation and electronic presentation capabilities to the Global Trade Portal, its Internet-based trade finance system. The firm said GTP Document Management offered banks and their customers a way to handle electronic documents in compliance with the recent UCP supplement for Electronic Presentation (eUCP) of the International Chamber of Commerce. NEOMAlogic also announced that Credit Lyonnais had selected its Global Trade Portal to expand the bank’s web-based trade finance services. Global Trade Portal is a tool for the management of on-line Letters of Credit, Documentary Collections, Financing, Guarantees and their underlying documents.