News

  Toronto, Canada, September 2, 2022 – GlobalTrade Corporation (GTC) has announced today that Alstom, the leading global innovative player for a sustainable and smart mobility, selected @GlobalTrade™ Platform to replace its internal system and improve efficiency and controls of its trade finance operations. Alstom will use the Platform to reduce operating costs by improving reporting…

Toronto, Canada, August 11, 2022 – GlobalTrade Corporation (GTC) has announced today that it has achieved ISO 27001 (ISO 27001:2013) certification, one of the most recognized information security standards globally. ISO 27001 is the international standard that sets out the specification for an Information Security Management System (ISMS). Achieving ISO 27001 confirms that GTC’s ISMS is…

Toronto, Canada, April 5, 2022 – GlobalTrade Corporation (GTC) has announced today that ABB Group (ABB), a leading global technology company, has selected @GlobalTrade™ Multi-bank Trade Finance Platform for managing their worldwide portfolio of bank guarantees, standbys, surety bonds, parental guarantees, as well as documentary letters of credit. The platform would allow ABB to consolidate, automate,…

Toronto, Canada, January 4, 2022 – GlobalTrade Corporation, a premier provider of trade finance solutions for corporates, has announced that Alfa Laval, the leading global supplier of products in the areas of heat transfer, separation, and fluid handling, went live with @GlobalTradeTM Platform for management of their Bank Guarantees, Standbys, and Sureties. Alfa Laval selected…

Toronto, Canada, November 15, 2021 – GlobalTrade Corporation (GTC) is pleased to announce that it has been awarded the “SWIFT Compatible Application Trade Finance for Corporates” certification for 2021. GTC is proud to have received this important designation for eleven years in a row. In 2010 GTC was the first technology provider in the world to earn the ‘SWIFT Ready for Corporates’ Trade Finance label.…

Toronto, Canada, October 25, 2021 – GlobalTrade Corporation, a leader in trade finance solutions for corporates, has announced that it has integrated its @GlobalTradeTM  platform with the Guarantee Vault (GVP) of Digital Vault Services (DVS). The interface now allows corporates to achieve end-to-end digitization of their guarantee related communications with all transaction participants: applicants, beneficiaries, banks,…

Toronto, Canada, November 18, 2020 – GlobalTrade Corporation (GTC) has announced today that ArcelorMittal has selected @GlobalTrade Multi-bank Trade Finance Platform for digitization of its Import & Export Letters of Credits. ArcelorMittal will use @Globaltrade platform to digitize and streamline handling of documentary credits and to improve trade finance related working capital. Standardizing and automating…

Toronto, Canada, November 12, 2020 – Nick Pachnev, will speak at the collaborative webinar between PwC, SWIFT and GTC ‘The future is now, a digitized reality in Trade Finance’, which will be held online on December 2nd at 15:00 – 16:00 CET. Are you ready for the digital revolution in trade finance? With four billion sheets of paper used…

Toronto, Canada, July 22, 2020 – GlobalTrade Corporation (GTC) is pleased to announce that Jari Hänninen has joined GTC as a Head of Business Development & Client Relations, Nordics. Jari will oversee growth and expansion of company’s products and services in the Nordics and Baltics regions, client relations, support and education as well as strategic planning…

Toronto, Canada May 13, 2020 – GlobalTrade Corporation (GTC) has announced today that PORR AG (PORR), one of the largest construction companies in Austria, has selected its @GlobalTrade™ Multi-bank Trade Finance Platform for managing its bank guarantees and surety bonds. PORR employees will use the Platform to access transactions on-line from any place in the…

February 18, 2020 – Toronto, ON, Canada – GlobalTrade Corporation is pleased to announce that it is making management changes to accommodate its rapid growth and introduction of new products and services.  Nick Pachnev former CTO has been appointed as  interim CEO.  Jacob Katsman former CEO will remain Director of the Corporation and will spend…

Toronto, Canada, January 17, 2020 – GlobalTrade Corporation (GTC) has announced today that Yara International ASA, a leading Norwegian chemical company, has gone live with its @GlobalTrade Multi-bank Trade Finance Platform for managing issued and received bank guarantees. “The @GlobalTrade systems will give us more efficient handling of guarantees with all information gathered in one database,…

Toronto, Canada, November 13, 2019 – GlobalTrade Corporation (GTC) announced today that it is developing the Trade Finance Exchange Platform (TFX) that will simplify the price discovery process between corporations and financial institutions and create a digital trade finance marketplace for trade assets. TFX will be tightly integrated with GTC’s existing @GlobalTrade™ Multi-bank Trade Finance…

Toronto, Canada, October 1, 2019 – GlobalTrade Corporation (GTC) has announced today that Daimler AG has gone live with its @GlobalTrade Multi-bank Trade Finance Platform for guarantee management.  Daimler has streamlined its group-wide guarantee management process covering the entire workflow from the request of a guarantee to its closure and has integrated GTC’s @GlobalTrade with…

Toronto, Canada, September 13, 2019 – GlobalTrade Corporation (GTC) has announced today that GE Capital Aviation Services (GECAS) has selected @GlobalTrade Multi-bank Trade Finance Platform for digitization of its incoming guarantees. ‘It’s great to partner with GTC on the Guarantee Global electronic database that will enhance our controllership & reporting of SBLC’s’ said Seamus Fitzgerald,…

Corporate clients will be able to access the innovative multi-bank trade finance platform @GlobalTrade™ Will drive further expansion of Commerzbank’s digital product range in its trade finance Toronto, Canada, May 20, 2019 – Commerzbank has entered into a strategic partnership with GlobalTrade Corporation (GTC), a leading Canadian application services provider of innovative multi-bank trade finance…

Toronto, Canada, April 30, 2019  – GlobalTrade Corporation (GTC) has announced today that EPIROC (https://www.epiroc.com) has expanded the use of its @GlobalTrade™ Multi-bank Trade Finance Platform to the U.S., China, and India. Epiroc first adopted @GlobalTrade ™ in 2017 with the main objective to replace an old system that was to be phased out. The…

Toronto, Canada, March 22, 2019 – GlobalTrade Corporation (GTC) has announced today that IDEMIA www.IDEMIA.com has selected its @GlobalTrade™ Multi-bank Trade Finance Platform for managing bank guarantees. IDEMIA is the first client to purchase the Standard Version of the Guarantee Issuance system, with a quick and simple implementation.  The Standard Version comes fully integrated with SWIFT…

Toronto, November 29, 2018 – GlobalTrade Corporation (GTC) is pleased to announce that its @GlobalTrade Multi-bank Trade Finance products have been awarded the “SWIFT Certified Application – Trade and Supply Chain Finance” certification for 2018. The SWIFT Certified program provides accreditation to companies that provide various SWIFT-related services and solutions to end customers. SWIFT checks…

Toronto, Canada, May 18, 2018 – GlobalTrade Corporation (GTC) has announced today that Siemens Financial Services (SFS) has selected its @GlobalTrade Multi-bank Trade Finance Platform for management of its export documentary credits. The platform will be initially rolled out in Germany and thereafter expanded to Siemens entities globally. The system will electronically aggregate all incoming documentary…

Toronto, Canada, April 6, 2018 – GTC’s Head of Sales & Client Support EMEA, Cyril Verbrugghe, will be presenting at the TXF Trade & Treasury Conference Amsterdam on May 16th, 2018 at 11:00 am during the session “WELCOME TO THE MACHINE – DIGITISATION FOR THE ‘LONG TAIL’” “With treasurers sitting on the cash that suppliers need, and…

Toronto, Canada, January 8th, 2018 GTC will be sponsoring the TXF Trade Treasury & Commodity Finance Conference Singapore on February 28 – Mar 1, 2018. GTC’s CEO, Jacob Katsman will present on February 28th , 2018 at 12:15 pm during the session “CONSOLIDATION AND COMPETITION: RISK MANAGEMENT AND THE FUTURE OF THE APAC COMMODITIES MARKET’. About…

Toronto, Canada, December 20, 2017 – GlobalTrade Corporation (GTC) has announced today that Trade Services Update (TSU) Data Base www.tradeservicesupdate.com has been added to its @GlobalTrade™ Multi-bank Trade Finance Platform. Existing users of @GlobalTrade™ will be granted complimentary one-year subscription to the knowledge base service. TSU is an online journal and searchable data base focused on the subject…

Toronto, Canada, November 13, 2017 – GlobalTrade Corporation (GTC) has announced today that Ericsson AB (Ericsson) www.ericsson.com has selected its @GlobalTrade Multi-bank Trade Finance Platform for managing bank guarantees, documentary credits and documentary collections. Ericsson has also selected to use SWIFT MT 798 messages for standardization and automation of its communication with all its financial institutions. “The Ericsson…

Toronto, Canada, September 27, 2017 – GlobalTrade Corporation (GTC) has announced today that Johnson Controls (JCI) http://www.johnsoncontrols.com/ has selected its @GlobalTrade Platform for managing standby letters of credit and bank guarantees and digitizing communication with its financial institutions.  The company has also selected to use SWIFT MT 798 standards for trade. “The platform provides the ability to centralize…

Alliance Delivers Comprehensive Solution for International Trade and Treasury Management Singapore/Toronto, September 20, 2017 – Kyriba, the #1 provider of cloud treasury and financial management solutions, and GlobalTrade Corporation (GTC), the leading multi-bank trade finance platform provider, announced today that they have entered into a strategic alliance. GTC and Kyriba will join forces to bring together…

Toronto, Canada, April 25, 2017 GTC’s CEO, Jacob Katsman, will be presenting at the TXF Trade & Treasury Conference Amsterdam on May 10th at 5:15 pm during the session Industry duel: The industry isn’t ready for digitation. “Perhaps the cyber-security risks are too great; the appetite too lacklustre; the infrastructure of emerging markets not sufficiently sophisticated;…

Toronto, Canada, April 18, 2017 – GlobalTrade Corporation (GTC) has announced today that Vestas Corporation has selected its technology for managing incoming and outgoing bank guarantees. Vestas has also selected SWIFT MT 798 messages as its preferred method for exchanging trade finance information with its banks. ‘Our ideas of creating an automated and centralized environment for…

Toronto, Canada, April 5, 2017 – GlobalTrade Corporation (GTC) has announced today that it will add Receivable Finance Management system (RFM) to its @GlobalTrade™ Multi-bank Trade Finance Platform for Nokia Corporation. RFM will be used to support automation, digitization and streamlining the existing manual process of the sale of Nokia’s receivables to financial institutions. ‘Nokia has…

Toronto, Canada, March 17, 2017 –GlobalTrade Corporation (GTC) is pleased to announce that Cyril Verbrugghe has joined GTC as Head of Sales & Client Support EMEA. Previously Cyril worked as a Senior Consultant at Aneo and MC2I and managed projects at Safran, BPCE International, AXA, Aviva Assurances and BNP Paribas Security Services, Banque De France, Caisse…

Toronto, Canada, February 9, 2017 – Jacob Katsman will be speaking at the SWIFT Corporates Forum in Singapore on Monday, February 27th, 2017 at 12:30 pm on the topic “Technology solution for trade efficiency”and at the TXF Singapore on Wednesday, March 1ST, 2017 at 11:00 am during the session “Digital Tools to Increase Efficiency”. If you are interested to attend any of these events as our…

Toronto, Canada, January 16, 2017 – GlobalTrade Corporation (GTC) is pleased to announce that Angus Wong has joined GTC as Managing Director, China. Previously Angus held management positions with Midland Resources (China) Ltd and Luqin Trading Shanghai Limited. “I am delighted that Angus has joined our team and will work with us to develop the GTC…

Toronto, Canada, November 28, 2016 – GlobalTrade Corporation (GTC) has announced today that Atlas Copco, has selected its @GlobalTrade Multi-bank Trade Finance Platform for handling issuance and receipt of bank guarantees, export documentary credits and export documentary collections. Atlas Copco has also selected SWIFT MT 798 messages as its preferred method for exchanging trade finance information…

Toronto, Canada, October 3, 2016 – GlobalTrade Corporation (GTC) has announced today that Valmet Corporation has selected its technology for managing guarantees and export documentary credits. Valmet has also selected SWIFT MT 798 messages as its preferred method for exchanging trade finance information with its banks. “One of our Must-Wins at Valmet is Operational Excellence. The…

Offers multi-bank guarantee management solution to support clients in their digitisation journey in Asia, Africa and Middle East   Singapore, 26 September 2016 – Standard Chartered Bank has entered into a strategic partnership with GlobalTrade Corporation (GTC) to become one of the first international banks to offer GTC’s innovative @GlobalTrade™ multibank trade finance platform to clients…

Toronto, Canada and Guangzhou, China – July 18, 2016 – GlobalTrade Corporation (GTC) and SiE Consulting Co., Ltd. (SiE) announced today that they have signed an Agreement to cooperate on the Chinese market. SiE will provide hot line support for GTC’s clients in China and will assist GTC in sales and marketing. GTC’s Chief Technology Officer,…

To request Webinar Presentation: Go to http://globaltradecorp.com/com_gtc_webinar201605_pres_req.html. The full webinar recording is available for corporates and banks only. To request the username and password, please e-mail info@globaltradecorp.com with your full name, title, and company name. Learn how you can bring efficiency to your company by digitizing handling of letters of credit and bank guarantees using SWIFT and…

To request Webinar Presentation: Go to http://globaltradecorp.com/com_gtc_webinar201604_pres_req.html.   Learn how you can bring efficiency to your company by digitizing handling of letters of credit and bank guarantees using SWIFT and a multi-bank trade finance platform. Hear how Nokia Corporation, has improved its trade finance operations and risk management using technology and best practices and how quickly banks…

Toronto, Canada, March 7, 2016 – GlobalTrade Corporation (GTC) has announced today that Nokia Corporation will use its @GlobalTrade Multi-bank Trade Finance Platform also for their Alcatel-Lucent part of business for processing guarantees and documentary credits. The Platform will also manage communication with banks and insurance companies. ‘Since October 2015 we have been successfully using @GlobalTrade…

Toronto, Canada, February 10, 2016 – GlobalTrade Corporation (GTC) has announced today that Kongsberg Gruppen ASA, international, knowledge-based technology corporation that develops advanced systems and technologies for the maritime, offshore, defence and aerospace industries, has selected its @GlobalTrade Multi-bank Trade Finance Platform for managing incoming and outgoing bank guarantees and export documentary credits. Kongsberg has also…

GlobalTrade Corporation becomes the first trade finance technology provider to use SWIFT’s Alliance Lite2 for Business Applications, offering corporates a single, cost-effective solution to automate trade flows. Brussels – 21 September 2015 – SWIFT announces that GlobalTrade Corporation (GTC), a leading provider of innovative multi-bank trade finance solutions, is the first trade finance technology provider to…

Toronto, Canada, July 6, 2015 – Jacob Katsman, CEO of GlobalTrade Corporation will present at Sibos during the Corporate Forum taking place in Singapore. “Shaping the Future of Treasury and Trade” is the theme of this year’s 2-day Corporate Forum of October 14th and 15th. Jacob will address the audience during the session entitled “Bank Readiness in Trade Finance:…

Toronto, Canada, May 22, 2015 – GlobalTrade Corporation (GTC) is pleased to announce that Nokia Corporation (Nokia) has selected its @GlobalTrade Multi-bank Trade Finance Platform for managing export documentary credits and bank guarantees globally. Nokia has also selected SWIFT MT 798 messages as its preferred standard for communication with its financial institutions. “We wanted to find a vendor…

Toronto, Canada, January 12, 2015 – GlobalTrade Corporation (GTC) has announced today that BillerudKorsnäs, a world-leading manufacturer of strong primary fibre-based packaging material has selected @GlobalTrade’s Multi-bank Trade Finance technology for managing its global export documentary credit operations. ‘BillerudKorsnäs will be using our Multibankportal SaaS solution, which will be connected to their SWIFT Alliance Lite 2…

Toronto, Canada, November 21, 2014 – Nick Pachnev, will speak at the Trade Finance, Supply Chain and Working Capital Optimisation event, which will be held in Munich on December 9th and 10th. It will explore a range of industry issues, from the changing trade landscape and evolution of accounts payable financing, to streamlined business processes, new software…

Toronto, Canada, November 17, 2014 – GlobalTrade Corporation (GTC) is pleased to announce that its @GlobalTrade Multi-bank Trade Finance products have been awarded the “SWIFT Certified Application – Trade and Supply Chain Finance” certification for 2014. The products cover traditional trade finance instruments such as documentary credits, standby letters of credit, bank guarantees, documentary collections and…

Toronto, Canada, October 27, 2014 – Nick Pachnev, will speak at the conference on November 19th during the panel session: “Technology and innovation: Furthering the adoption of multi-banking systems”. The session will be moderated by Urs Kern, Senior Sales Manager, SWIFT. Speakers include Jörgen Holmgren, Director of Corporate Finance, Volvo AB and Anna Felländer, Chief Economist,…

Toronto, Canada, October 9, 2014 – – Jacob Katsman, will speak on November 11th during the session “Can multi-banking processes increase both efficiency and competitiveness for corporates?”. Topics: How are corporate treasury teams adopting multi-banking solutions when it comes to standardisation and automation? What successful examples can be provided of this? What role can multi-banking processes play…

Toronto, Canada, September 17, 2014 – – Jörgen Holmgren, Director Finance, AB Volvo and Jacob Katsman, CEO of GlobalTrade Corporation (GTC) and, will be presenting during the Corporate Forum on October 2, 2014 at Sibos, an annual conference, exhibition and networking event organised by SWIFT for the financial industry. Topic: The growing digitization of commerce and…

Toronto, Canada, August 28, 2014 – Nick Pachnev, CTO of GlobalTrade Corporation (GTC) will be presenting at the Exporta’s 6th Annual Asia Trade & Export Finance Conference in Singapore September 9, 2014. Topic: What does multi-banking offer for corporates? Moderator: Franck de Praetere, Head of Banking Markets, Asia Pacific, Swift Marc Vandiepenbeeck, Corporate Treasurer, APAC, Johnson Controls…

Solution streamlines international trade documentation process, facilitates supply chain communication, and reduces the costs and risk of international trade. Toronto, Canada, April 2, 2014 – GlobalTrade Corporation (GTC) is pleased to announce that it has partnered with Tenzing to provide an independent Software-as-a-Service (SaaS) offering for its @GlobalTrade multi-bank trade finance platform. Customers can now use…

Toronto, Canada March 31, 2014 – Jacob Katsman, CEO of GlobalTrade Corporation (GTC) will be presenting on May 22, 2014 during the SWIFT Trade & Supply Chain EMEA User Conference on the topic of MT 798 and corporate adoption of multibank trade platforms. The session will be moderated by Andre Casterman, Global Head Corporate and Supply…

Toronto, Canada, January 27, 2014 –  Ron Wells GlobalTrade Corporation (GTC) is pleased to announce that Ron Wells has joined GTC as Executive Director for the United Kingdom. Previously Ron held senior credit management positions with Chevron, RBS Sempra/JP Morgan Europe and Cargill. He also worked as a Senior Advisor at Standard Chartered Bank, and…

Toronto, Canada, July 9, 2013 – Jacob Katsman, CEO of GlobalTrade Corporation (GTC) will be presenting at the 5th Annual Exporta Asia Trade & Export Finance Conference in Singapore on September 3, 2013. Topic: Adopting Multi-bank Trade Finance Solutions: Challenges, Risks and Rewards How are corporates addressing the challenges of working with multiple banking providers for standbys,…

Toronto, Canada, April 29, 2013 – Jacob Katsman, CEO of GlobalTrade Corporation (GTC) will be presenting at the Exporta’s Trade & Export Finance Conference in Hamburg on May 16, 2013 and in New York on June 12, 2013. Topic: Achieving efficient multi-banking trade finance processes Explaining how corporates can collaborate with their banks and insurance companies on…

Toronto, Canada, March 18, 2013 – GlobalTrade Corporation (GTC) has announced today that FLSmidth, leading supplier of equipment and services to the global cement and minerals industries has selected GTC’s @GlobalTrade Multi-bank Trade Finance Platform for managing issued and received bank guarantees and export documentary credits. ‘After careful evaluation of solutions available on the market my…

Toronto, Canada, October 18, 2012 – GlobalTrade Corporation (GTC) is pleased to annouce that Kim Sindberg has joined GTC as Senior Business Consultant for the Nordics. For the past 18 years Kim has worked as Nordea’s Product Consultant and Technical Advisor and is Chairman of the ICC Denmark Trade Finance Forum. ‘Kim is a wonderful person…

Toronto, Canada, September 12, 2012 – GlobalTrade Corporation (GTC) has announced today that Hannover Re, third-largest reinsurer in the world, has successfully implemented @GlobalTrade Standby LC Guarantee Issuance System for handling outgoing standby letters of credit globally. The system has been installed in Hannover Home Office and integrated with internal data base systems. ‘GTC’s product has…

Toronto, Canada, January 31, 2012 – GlobalTrade Corporation (GTC) has announced today that Safran , a leading international high-technology group and a Tier-1 supplier of systems and equipment for aerospace, defense and security has Selected GTC’s @GlobalTrade Multi-bank Trade Finance Platform for monitoring issued and received bank guarantees and documentary credits. GTC’s software will enable Safran…

Toronto, Canada, September 12, 2011 – GlobalTrade Corporation (GTC) has announced today that the Elster Group have successfully implemented @GlobalTrade Standby LC / Guarantee Issuance System connecting Elster Group Treasury, Business Units and Banks. Elster Group uses the system to monitor all its guarantee facilities, automate guarantee issuance workflow, and consolidate guarantee fee information and transactional…

Toronto, Canada, September 1, 2011 – GlobalTrade Corporation (GTC) has announced today that MBDA, a world leader in missiles and missile systems has selected its @GlobalTrade Standby LC/Guarantee Issuance System for managing standby letters of credit, bank guarantees, surety bonds and corporate guarantees across all business operations. ‘The functionality of the system and its ability to…

Toronto, Canada, April 29, 2011 – GlobalTrade Corporation (GTC) has announced today that it is launching a Software as a Service (SaaS) offering multibankportal.com. The service would be offered through data centers in North America and Europe, and offer three of GTC’s main @GlobalTrade platform products: Standby LC/Guarantee Issuance, Export Documentary Credit, and Import Documentary Credit. All systems…

Toronto, Canada, March 1, 2011 – GlobalTrade Corporation (GTC) today announced that it will start licensing its LC Monitor/Trade Services Update (TSU) data base to banks for use on their trade finance portals. Since 1999 www.lcmonitor.com has been providing information about the practical aspects of payment instruments in international trade. Over seven hundred articles have been published on…

Toronto, Canada, February 10, 2011 – GlobalTrade Corporation (GTC) today announced the launch of @GlobalTrade Dynamic Message Converter, a new product designed to help banks convert traditional SWIFT Category 7 trade messages into the new MT 798, German DTA, proprietary XML and ISO 20022 standards. ‘We have developed this middleware product to assist banks with a…

Toronto, Canada, September 1, 2010 – GlobalTrade Corporation (GTC) today announces that UniCredit has selected its @GlobalTrade Platform technology to build its trade finance applications for the Group. GTC’s software will be integrated with UniCredit’s own systems and GTC developers will work closely with Unicredit’s global ICT company, UniCredit Global Information Services in Milan, Munich, and…

Toronto, Canada, August 16, 2010 – GlobalTrade Corporation (GTC) is the first technology company in the world to earn the ‘SWIFTReady for Corporates’ Trade Finance label. This label was introduced in 2010 and complements the SWIFTReady Trade Finance banking application label. This new label for corporates covers business applications that are capable of processing and exchanging…

Toronto, Canada, March 3, 2010 – Jacob Katsman, CEO of GlobalTrade Corporation (GTC), will be speaking on a panel at the 7th Annual Trade & Supply Chain Finance Solutions Conference discussing innovations in supply chain finance. The topics covered will include the differences between Software as Service, ASPs and On Premise hosting, reconciling the theory versus…

Toronto, Canada, February 4, 2010 – Jacob Katsman, CEO of GlobalTrade Corporation (GTC) will be speaking on a panel at the 7th Annual Middle East Trade & Export Finance Conference sharing experiences on new trends and innovations within trade finance solutions. A representative from SWIFT will be among others joining GTC on the panel. The topics…

Toronto, Canada, October 19, 2009 – Nordex AG has now optimized both its guarantee business and its communication with banks by using the @GlobalTrade Guarantee Issuance System. The system is offered and hosted in Munich by HypoVereinsbank, member of Unicredit Group, which is one of the Mandated Lead Arrangers of the guarantee facility syndication. The @GlobalTrade…

Toronto, Canada, August 24, 2009 – GlobalTrade Corporation (GTC) has announced today that Emirates Trading Agency LLC & Associated Constructions LLC (ETA ASCON GROUP ) have successfully implemented @GlobalTrade Import LC, Export LC, Guarantee Issuance, Import Collection and Export Collection systems connecting ETA ASCON GROUP Treasury, Business Units and Banks. @GlobalTrade systems will be used to…

Toronto Canada, January 5, 2009 – GlobalTrade Corporation (GTC) has announced today that Robert (Bob) Hemstreet has joined GTC as Senior Vice President Business Development, USA. Bob has an extensive background in Treasury and Information Technology, having spent the last 35 years working for Textron Inc. a well known global multi-industry manufacturing company. Some easily recognizable…

Toronto, Canada, November 10, 2008 – GTC’s CEO Jacob Katsman will present during the ‘Technology panel: Why use third party platform providers?’ at the Nordic Region Trade & Export Finance Forum on November 14, 2008 in Gothenburg, Sweden. The conference will be held at Radisson SAS Sodra Hamngatan 59-65, Gothenburg, SE-40124, Sweden. Topics to be covered:…

September 8, 2008, Toronto, GTC is pleased to announce that Metsä Finance and EADS will present how @GlobalTrade technology has benefited their business at the Eurofinance Conference in Barcelona, October 2, 2008. Hear from Metsä (8th largest paper company in the world) and EADS (parent of Airbus) how they use @GlobalTrade Platform to manage Export Letters…

Toronto, Canada, June 23, 2008 – GlobalTrade Corporation (GTC) today announced that Metsäliitto Group has centralized its global letter-of-credit handling using the @GlobalTrade Export LC System. In total 21 Metsäliitto Group Business Units, and their major banks, are now live on the system. The system is hosted by HypoVereinsbank (HVB) in Munich and is accessed freely…

Toronto, Canada, April 8, 2008 – GlobalTrade Corporation (GTC) today announced that Unicredit HypoVereinsbank, one of the leading European banks has successfully implemented its @GlobalTrade Front End System for processing Import Letters of Credit and Guarantees in Germany. The system is called ‘Trade Web’ and is designed to service Small and Midsize enterprises. “GTC was able…

Toronto, Canada, April 2, 2008 – GTC’s CEO Jacob Katsman will present during the session ‘Leveraging Technology to Improve Efficiency in the Order-to-Cash Process’ at the FCIB Conference on April 17, 2008. The conference will be held at The Drake Hotel, Chicago, 140 East Walton Place, Chicago, Illinois 60611-1501.   About GTC GlobalTrade Corporation (GTC) is a…

Toronto, ON, Canada, September 4, 2007 – GTC’s @GlobalTrade Platform will be launched in Canada during the 25th Anniversary Conference & Trade Show for Treasury & Finance Professionals in Vancouver September 16-18, 2007. For more information on the conference see: http://www.tmac.ca/conference/index.html To set up a meeting with GTC @ TMAC, please e-mail:katsman@globaltradecorp.com or call +1416-6618520.  …

Toronto, Canada, June 21, 2007 – For the third year in a row GlobalTrade Corporation (GTC) has won Euromoney’s Trade Finance Magazine Best Independent Trade Platform/System Provider AWARD for its @GlobalTrade Platform. The Trade Finance Awards for Excellence recognizes the best of breed, innovation, and success in the trade finance industry. @GlobalTrade™ platform offers unprecedented functionality…

Toronto, ON, Canada, March 19, 2007 – GlobalTrade Corporation’s Chairman & CEO Jacob Katsman will present EADS Case Study at Exporta’s Innovations in Trade Solutions Conference in London UK on May 15, 2007 and at the FCIB Conference in Frankfurt June 17 to 19, 2007. Unicredit Group’s Global Head of Trade Finance & Services, Markus Wohlgeschaffen…

Toronto/Munich November 1, 2006 – The Toronto based GlobalTrade Corporation (GTC) develops innovative, collaborative software products for global trade finance. Under the trademark @GlobalTrade™ the company services corporates that require multi-party information exchange and document management systems enabling visibility, better risk control, and cost savings, as well as financial institutions that require innovative solutions to increase…

Toronto, Canada, September 18, 2006 – GlobalTrade Corporation (GTC) www.globaltradecorp.com, a leader in the development of innovative software solutions for trade services & trade finance, has placed 10th in the 7th Annual PROFIT HOT 50 ranking of Canada’s Fastest-Growing Companies. The PROFIT HOT 50 is the definitive ranking of Canada’s emerging growth companies. Published in the…

Toronto Canada, September 5, 2006 >- Germany’s Bayerische Hypo-und Vereinsbank AG (HVB) member of Unicredit Group has partnered with Canadian Globaltrade Corporation (GTC) to bring to market applications for handling guarantees, letters of credit, and documentary collections designed for corporates that require connections to multiple banks. The applications are based on the @GlobalTrade Platform technology…

Toronto, Canada, June 28, 2006 – For the 2nd year in a row GlobalTrade Corporation (GTC) has won Euromoney’s Trade Finance Magazine Best Independent Trade Platform/System Provider AWARD for its @GlobalTrade Platform. The Trade Finance Awards for Excellence recognizes the best of breed, innovation, and success in the trade finance industry. @GlobalTrade™ Platform has been developed…

Toronto Canada, January 09, 2006 – Globaltrade Corporation (GTC) has announced today that Peter Sproston, BSc (Hons) ACIB MIEx (Grad), formerly Head of the Trade Finance Department for Marc Rich & Co Investment AG, has joined its Advisory Board. Peter will assist GTC in new product development of its existing @GlobalTrade Platform specifically for those corporates…

Toronto Canada, June 20, 2005 – GlobalTrade Corporation (GTC) has announced today that ChevronTexaco UK (Chevron) has selected the @GlobalTrade Platform as the communication channel to all its banks for export letter of credit and guarantee messages. Chevron has already asked its main bankers to use GTCHUB to standardize message delivery in the SWIFT format.  Today’s…

Toronto Canada, May 31, 2005 GlobalTrade Corporation (GTC) has won Euromoney’s Trade Finance Magazine Best Independent Trade Platform/System Provider AWARD 2005 for its @GlobalTrade Platform. The Trade Finance Awards for Excellence recognize the best of breed, innovation, and success in the trade finance industry. @GlobalTrade Platform empowers credit/treasury departments of corporations by providing multi-bank solutions for…

Toronto Canada, March 29, 2005 – GlobalTrade Corporation (GTC) has announced today that Europcell GmbH, a major European trader of pulp and paper will use @GlobalTrade Internet based platform for communication with all its banks, internal monitoring, document preparation and collaboration with trade service providers for shipments made under letters of credit. “We look forward to…

Frankfurt, Toronto, February 21, 2005 – GlobalTrade Corporation (GTC) has announced today that National Bank of Pakistan, Frankfurt Branch (NBP) has joined @GlobalTrade Network and is now able to deliver export letter of credit messages to its corporate customers in DTAEA and other formats electronically. “Our bank has been serving corporate customers in Germany since 1979,”…

München, Toronto, December 7, 2004 – HVB, the second largest private-sector bank in Germany providing trade finance and trade services to a wide variety of corporate clients and other financial institutions has announced during Export 21 trade show in Frankfurt that it has entered into an agreement with GlobalTrade Corporation (GTC) to cooperate as an active…

TORONTO Canada, October 11, 2004 – GlobalTrade Corporation has announced today that DaimlerChrysler AG will use the @GlobalTrade Document Preparation & Collaboration System for processing commercial transactions starting with selected departments in factory Woerth, producing commercial vehicles, and plans to expand the system step by step to other factories and departments located in Germany. DaimlerChrysler will…

TORONTO Canada, October 7, 2004 – GlobalTrade Corporation has announced that Siemens Financial Services GmbH (SFS) has gone live with GlobalTrade Corporation’s (GTC) @GlobalTrade SWIFT/DTAEA Converter & eLC Delivery Service.     First commercial transactions from Bank of China, Frankfurt Branch and from Misr Bank Europe have been successfully delivered electronically in German DTAEA format to the…

ERLANGEN Germany & TORONTO Canada, October 4, 2004 – Siemens Financial Services GmbH and GlobalTrade Corporation have announced today that they have signed a Strategic Alliance Agreement to work together towards the goal of connecting all banks that provide trade services to Siemens Germany electronically via the Internet. “Currently about 75 per cent of our banks…

TORONTO, Canada, September 29, 2004 – GlobalTrade Corporation has announced today that Misr Bank-Europe GmbH has gone live with @GlobalTrade SWIFT/DTAEA Converter & eLC Delivery Service. SWIFT/DTAEA Converter & eLC Delivery System enables conversion of SWIFT category 7 Documentary Credit files into German DTAEA format. The banks are able to enhance the messages by adding information…

Toronto, ON, Canada, March 18, 2003 – GlobalTrade Corporation’s Chairman & CEO, Jacob Katsman, will present the latest developments with @GlobalTrade at the Lloyd’s List Containerisation International 6th Annual Line Shipping Conference on April 9, 2003 and at the IBC 4th Annual Trade Services Conference on May 29, 2003. LINER SHIPPING CONFERENCE Date: April 9, 2003…

Toronto, ON, Canada, August 8, 2002 – GlobalTrade Corporation’s CEO Jacob Katsman plans to speak at The Virtual Box: Integrating The Container Shipping Community Conference, on September 18, 2002 at the Hamburg Congress Centre, and on September 12, 2002 at the IFSA 2002 Annual Conference, Marriott’s Harbor Beach Resort, Fort Lauderdale, Florida, USA. THE VIRTUAL BOX:…

Companies will work together to offer Consultancy and IT Services to Financial Institutions, Corporate Customers and Trade Service Providers Focused on Electronic Trade Services Toronto & Berlin, April 24, 2002 – Cap Gemini Ernst & Young Germany, an affiliate of the CGE&Y Group (PSE:PCAP; www.de.cgey.com), one of the largest management and IT consulting firms in the world,…