Integration Initiative Unites JPMorgan and Bolero
JPMorgan Treasury Services (TS) has integrated its global trade supply chain solution – TradeDoc – with the bolero.net initiative. The integration allows international trade clients to prepare and transmit trade documents electronically in a secure, authenticated manner via bolero.net, according to JPMorgan TS. ‘By using bolero.net for electronic document preparation and presentation, clients can reduce payment cycles significantly, improving their liquidity position and enhancing their bottom line,’ explained Bruce Proctor, Global Head of Trade Services of JPMorgan TS. This new solution consists of an improved front-end interface for clients, third-party document providers and banks, allowing them to prepare, send and receive bolero.net documents and messages via TradeDoc.