MBDA Selects GTC's @GlobalTrade for Managing Credit Facilities and Guarantees
MBDA, a leader in missiles and missile systems, has selected GTC’s @GlobalTrade Standby L/C/Guarantee Issuance System for managing standby letters of credit (L/Cs), bank guarantees, surety bonds and corporate guarantees across all business operations.
“The functionality of the system and its ability to meet the specific needs of MBDA were key in the decision to select the GTC system,” said Kirsty Cowan, group head of treasury operations, MBDA. “The system will enable MBDA to automate and standardise workflow and to increase control and transparency over a wide portfolio of guarantees.”
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