Mitigram take the win at EuroFinance Copenhagen 2019
At the world’s leading international treasury event, 22 technology firms pitched their solutions in a bid to win our Technology Innovation Award. They showcased their solutions from payments and FX to supply chain finance, trade, compliance and more, to see what emerging fintechs, banks and treasury suppliers are developing in response to the issues that plague corporate treasury the most.
We were delighted to announce Mitigram as the winner of the 2019 Technology Innovation Award in Copenhagen.
How did Mitigram do it?
Mitigram offers a unique trade finance matching solution that benefits both users and providers. With multiple ways to consolidate the information within the platform and an easy to implement approach this is an offering that has begun to develop significant traction in the market, with the potential for significant future growth.
Mitigram is the fastest growing global trade finance platform for Exporters, Traders and Banks, having spearheaded over $29bn transactions, across over 500 issuing banks and 100 countries. Mitigram’s platform offers secure, instantaneous interactions across the global trade finance instrument ecosphere. Among Mitigram’s clients are global multi-nationals, leading commodity traders and many of the world’s most active trade financiers, all using it on a daily basis. Users of Mitigram gain better market pricing benchmark dynamics; enhanced existing strategic liquidity & risk relationships; improved transaction audit trails and organisational structures; deep-dive big data analytics; and can establish new liquidity and risk relationship.
Highly commended: AccessPay
AccessPay is the enterprise corporate to bank integration platform. Automating business processes around payments and cash management using a suite of connectors which integrate any back office system to the customer’s banking providers. The platform is enhanced by a flexible workflow for security and compliance, providing access to real time data flows.
Calastone’s Money Market Services (MMS) helps companies balance their security, liquidity and yield objectives when investing surplus cash by directly connecting liquidity fund managers to their investors, using a fully automated trade process that includes integrated reporting and settlements.
Our Technology Innovation Award recognises the most innovative on show.
We used the following criteria:
Does the solution address a major challenge for corporate treasury or is it a modest improvement?
What is the value proposition to the corporate treasurer?
Is the solution seeing market acceptance?
We considered:
· Financial stability and viability of the solution provider
· Technical stability of the product
· Levels of technical and customer support
· Complexity of fully implementing the solution
· The regulatory environment and if the solution would face any constraints
