Mitigram Trade Finance Platform
https://mitigram.com/technology/Mitigram is a trade finance platform that leverages cutting-edge technology, including AI-powered OCR, machine learning, and API-based connectivity, to automate and digitize trade finance processes. It enables users to manage trade instruments, connect with multiple banks, and gain real-time insights, all within a secure and compliant environment.
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Product Overview
The Mitigram Trade Finance Platform is a user-centric, AI-driven system designed to streamline and digitize trade finance operations. It offers seamless bank connectivity, intelligent data insights, and a highly usable interface to improve efficiency and decision-making in trade finance.
Detailed Description
Mitigram is a trade finance platform that leverages cutting-edge technology, including AI-powered OCR, machine learning, and API-based connectivity, to automate and digitize trade finance processes. It enables users to manage trade instruments, connect with multiple banks, and gain real-time insights, all within a secure and compliant environment.
Key Features
- AI-powered OCR and machine learning for data extraction and structuring from all document formats and communication flows.
- API-based connectivity supporting web, email, SWIFT, EBICS, and other partner channels.
- Industry standard MIS tools and embedded PowerBI reports for customizable analytics and reporting.
- Centralized platform for managing trade finance instruments and documentation.
- Automated transaction creation from both structured and unstructured data.
- Adaptable messaging structure supporting all major communication channels.
- Plug-and-play web interface with no need for separate analytics software.
- Integration with existing workflows and systems via APIs.
Key Benefits
- Connect with multiple banks simultaneously to request and compare financing offers instantly.
- Manage Export & Import LCs, Bank Guarantees, SBLCs, and Receivables in one place, from request to settlement.
- Replace emails and spreadsheets with a fully digital workflow for RFQs, approvals, and trade documentation.
- Automate RFQs and compare multiple offers in real time to access more competitive pricing and reduce financing costs.
- Gain real-time visibility into pricing trends, liquidity, and counterparty risks with AI-powered analytics.
- Expand banking relationships through Mitigram’s global network of banks.
- Speed up trade finance transactions with digitized processes and real-time approvals.
Use Cases
- Requesting and comparing trade finance offers from multiple banks.
- Managing Export and Import Letters of Credit (LCs), Bank Guarantees, Standby LCs (SBLCs), and Receivables.
- Digitizing and automating trade finance workflows.
- Consolidating business data for high-level reporting and analytics.
- Connecting with new financial partners and expanding banking relationships.
Documentation
View DocumentationWho Is It For
- Corporates
- Financial Institutions
- Industries such as Raw Materials & Infrastructure, Industrial Manufacturing, Plastics Processing Manufacturing, Mining & Metals, Healthcare & Industrial Technology
Detailed Sections
Cutting edge technology. Applied where it matters.
The Mitigram platform is built with two things in mind: Users and usability. By combining cutting-edge technology with AI-driven insights and seamless bank connectivity, we deliver a system that is intelligent, expandable, and refreshingly user-friendly, designed for efficiency where it matters most.
The technology that gives us our edge
- AI-powered data ingress: Uses latest AI-powered OCR and machine learning to interpret and structure data from all documents and communication flows.
- API-based Connectivity: Communicates with counterparties over web, email, SWIFT, EBICS, or other partner channels. Banks do not need to use Mitigram to transact.
- Intelligent Data: Utilizes industry standard MIS tools embedded in the platform for customizable reports, augmenting your data with industry data for comparison and analyses.
Everything understood. In every format.
Mitigram’s AI-based OCR-engine and proprietary machine learning pipeline minimize manual data entry, enabling automatic understanding and creation of transactions from any data format, including structured SWIFT messages and unstructured documents. The system can be taught to populate missing data.
Unlock yourselves from one carrier of information.
Mitigram’s adaptable messaging structure supports all major communication channels, providing a single point of communication with all counterparties, regardless of their preferred channel, via the Mitigram Transport Protocol (MTP).
From hindsight. To foresight
Mitigram consolidates business data to a single source and provides application-embedded PowerBI reports and in-app data-driven insights for high-level reporting and decision support, all in a plug-and-play web interface.
FAQ
- Connects you with multiple banks for instant financing offers.
- Handles Export & Import LCs, Bank Guarantees, SBLCs, and Receivables.
- Replaces emails and spreadsheets with a digital workflow.
- Automates RFQs and real-time offer comparisons.
- Provides AI-powered analytics for real-time visibility.
- Integrates with existing systems via APIs, SWIFT, and EBICS.
- Speeds up transactions with digitized processes.
- Meets ISO 27001 and DORA compliance standards.
- Expands banking relationships through a global network.
- Easy onboarding via demo.