GIB), one of the largest independent IT and business consulting services firms in the world, announced its partnership with Barclays to integrate CGI Trade360, CGI's global trade finance solution, with Konsole from Komgo, the largest multi-bank trade finance platform. The integrated solution will provide Barclays with more transparency, increased transaction speed, reduced manual entry and reduced operating risk. This collaboration demonstrates how ecosystem partnerships create value for global trade banks like Barclays by connecting corporate customers and delivering seamless trade finance solutions.

"Our corporate clients increasingly expect seamless, digital-first solutions for their global trade finance needs. By integrating Komgo with CGI Trade360, we will be providing our clients with a fully digital experience while simplifying operations processing. This is a crucial step in our ongoing commitment to digitalizing trade and providing faster, more efficient solutions," said Jaya Vohra, Managing Director, Global Head of Trade & Working Capital, Barclays.

This collaboration marks a significant step forward in Barclays' digital trade finance journey, providing customers with additional digital channels for financing. Barclays' corporate clients using the Komgo platform will now benefit from a fully automated workflow with CGI Trade360 for transactions that flow to the bank.

"CGI is dedicated to advancing the digitization of trade finance by acting as the bridge between institutions and innovative fintechnetworks, ensuring the industry, and our clients, can scale confidently," said Neil Sadler, Senior Vice-President, Banking and Financial Markets, CGI in the UK. "Banks are at the heart of global trade financing, and CGI is ready to enable this next stage of digital integration with the advanced processing capabilities of CGI Trade360."