The way we make and receive payments is transforming. Businesses see the impact of digitalization as consumers and expect the same for their wholesale experience.
For trade, the goal is speed, efficiency, transparency, improving cash flow while mitigating risks. But today, almost all trade transactions still involve some form of fiscal documentation.
Research shows that highly paper-based and manual documentation is the biggest pain points in the trade finance flow for 60% of corporates and 65% of banks. At JPMorgan, our vision is to help digitize trade for our clients by removing the paper. We invest in the best-available tools and technologies to help automate, streamline, and simplify processes.
Our proprietary trade channel is a global online system designed to support the digitization of trade transactions across all traditional trade products. Trade Channel is designed to help you gain operational efficiencies and cost savings by offering intuitive features and functionality that streamline the trade finance flow while reducing the need for paper. For example, by eliminating the need for written signatures, allowing for more efficient management of the approvals process.Its mobile-app connectivity means you can read, approve, and transact on the go. And for high-volume-transaction users, the system also supports more fully automated flows. With over 80 standardized reports, you can gain visibility in end-to-end transaction activities using robust reporting and inquiry tools.
Trade Channel also allows the flexibility to create more customized report views using data export definitions which can be set to auto generate on demand and deliver by email, helping treasurers, procurement teams, and third-party agents to find the answers they need at the touch of a button. In addition, these features are underpinned by J.P. Morgan's world-class security and data-management controls.
Trade Channels supports global industry standards, together with multifactor authentication capabilities, enabling you to manage your user community by determining who has access to the system as well as defining individual user entitlements.
Our global client service teams provide dedicated support enabling two-way dialogue, helping turn client needs and feedback into new product enhancements. With J.P. Morgan's global scale and commitment to innovation, we continue to invest in Trade Channel to offer our clients a world-class digital user experience.
To learn more about how Trade Channel can help you #removethepaper, email: firstname.lastname@example.org
This material was prepared exclusively for the benefit and internal use of the JPMorgan client to whom it is directly addressed (including such client’s subsidiaries, the “Company”) in order to assist the Company in evaluating a possible transaction(s) and does not carry any right of disclosure to any other party. In preparing this presentation, we have relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public sources or which was provided to us by or on behalf of the Company or which was otherwise reviewed by us. This material is for discussion purposes only and is incomplete without reference to the other briefings provided by JPMorgan. Neither this material nor any of its contentsmay be disclosed or used for any other purpose without the prior written consent of JPMorgan.
2019 Digital Ecosystems in Trade Finance: Seeing Beyond the Technology – Boston Consulting Group
How the components of an in-house bank can benefit organizations of all sizes
Nov 06, 2023
An in-house bank can be a formidable tool to help organizations optimize working capital. Treasurers for organizations of all sizes can benefit from adopting some of the fundamentals of the in-house banking model.
Next-gen skills reshaping treasury
Nov 01, 2023
Treasury teams now play a key role in a company’s growth strategy. Here are some new skills that treasury professionals need to succeed.
Trends catalyzing personalization in commerce
Sep 20, 2023
J.P. Morgan Payments is defining a vision that showcases how payment innovations will shape the exchange of value in the future. Unlocking new insights, experiences, and business opportunities.
J.P. Morgan launches Payments Partner Network
Jun 20, 2023
A unique B2B marketplace for payments solutions, the J.P. Morgan Payments Partner Network aims to connect J.P. Morgan clients with the broader payments and technology ecosystem. This searchable ‘one-stop shop’ will open up new opportunities for the payments industry.
In the Nordics, treasurers take the lead
Apr 13, 2023
In challenging economic times, Nordic treasurers must react to fast-changing markets while evaluating new business models.
How to optimize working capital with treasury fundamentals
Feb 22, 2023
Amid market volatility, treasury teams play a strategic role in minimizing the impact of disruptions, instilling a cash mentality and streamlining operations.
RISE to the top
Feb 06, 2023
RISE Brewing Co. turned a craving into a new concoction, creating an organic coffee drink that's won the attention of restaurants, grocery stores, offices and sports teams.
2:32 - Treasury
Financial institutions outlook for 2021 and beyond
Jan 04, 2023
So what is truly new? We think three things are going to really shape the industry in the coming years — digital coins, platform as a service and ESG.
You're now leaving J.P. Morgan
J.P. Morgan’s website and/or mobile terms, privacy and security policies don’t apply to the site or app you're about to visit. Please review its terms, privacy and security policies to see how they apply to you. J.P. Morgan isn’t responsible for (and doesn’t provide) any products, services or content at this third-party site or app, except for products and services that explicitly carry the J.P. Morgan name.