Key people
In the news
- Patricio Fernandez, our Senior Sales Manager for Latin America, will be representing Complidata at the 60th @FELABAN Annual Assembly in Lima from 3 to 6 November. Banks across Latin America are asking the same question as their peers elsewhere: how do we accelerate the use of AI across the bank in a way that is thoughtful and productive? In trade finance, Patricio can walk you through how TradeSpeed uses AI to unlock more trade and build stronger client relationships, and with them, more business. If you will be in Lima that
- Every few years someone predicts the end of the letter of credit. I do not think that is what we are seeing. Geopolitical tension, sanctions, tariffs and counterparty risk are sending companies back to bank-backed instruments. Corporates will not use an LC on every shipment. Where they are using them is on larger transactions, new trading relationships, higher-risk jurisdictions and longer tenors. UCP 600 still governs the majority of transactions, and the bank undertaking is intact. What is changing is everything around it:
- For years the expectation was that open account trade and supply chain finance would slowly push documentary credits to the margins. Gary Collyer, who chaired the drafting group for UCP 600 and now heads TradeSpeed, is seeing the opposite. Sanctions, tariffs and counterparty risk are sending corporates back to bank-backed instruments, especially on larger deals, new trading relationships and higher-risk jurisdictions. His piece covers what that means for trade finance teams and what to watch next. #TradeFinance #LettersOfCredit
- Every few years someone predicts the end of the letter of credit. I do not think that is what we are seeing. Geopolitical tension, sanctions, tariffs and counterparty risk are sending companies back to bank-backed instruments. Corporates will not use an LC on every shipment. Where they are using them is on larger transactions, new trading relationships, higher-risk jurisdictions and longer tenors. UCP 600 still governs the majority of transactions, and the bank undertaking is intact. What is changing is everything around it:
- Complidata is heading to Sibos in Miami next week! 🌴 We will be focusing on our theme for this year: "Scaling your trade finance book with AI-driven expertise". Ben Arber, David Cooperman and Alex Gray will welcome you at the stand. Between them they bring decades across HSBC, Citibank, ABN AMRO, Santander and EY, so they have certainly faced the same challenges you have. Drop by and they will show you how TradeSpeed handles them. 📍 Stand DISS41, Discover zone. We still have open slots so make sure to secure a time for your
- Meet the team at GTR Asia Our Head of Market Expansion for Asia & the Middle East, Harish B., will be on the ground at GTR Asia 2026 in Singapore, 8-9 September, at Marina Bay Sands. Harish leads Complidata's growth across Asia and the Middle East, working with banks exploring how AI-powered document examination, fraud detection and compliance automation can fit into their trade finance operations. If you're attending and want to talk trade finance, AI, or where TradeSpeed could fit into your operations, drop Harish a message
- 𝗬𝗼𝘂𝗿 𝗱𝗲𝗮𝗱𝗹𝗶𝗻𝗲𝘀 𝗱𝗼𝗻'𝘁 𝘄𝗮𝗶𝘁. 𝗡𝗲𝗶𝘁𝗵𝗲𝗿 𝘀𝗵𝗼𝘂𝗹𝗱 𝘆𝗼𝘂𝗿 𝗲𝘅𝗮𝗺𝗶𝗻𝗮𝘁𝗶𝗼𝗻𝘀. In the textbook version of trade finance, documents arrive in a tidy sequence: one presentation, examined, finalised, then the next. On a real operations floor it rarely works that way. Partial shipments land days apart. Instalments arrive on their own schedule. A second and third set turn up before the first is closed. Software built for the textbook version of the work rather than the reality of the day-to-day is not
- The hardest thing to automate in trade finance is judgement. It takes years to build, and the industry is losing it faster than it can replace it. That problem is one of the reasons Complidata exists, and it's why we built an advisory board with the people who have spent their careers developing it. Today we're introducing seven leaders who sit at the centre of global trade, commodity finance and financial crime compliance. Ian Tandy MBE, who led HSBC's trade business across Asia Pacific, chairs it. Around him sit leaders from
Alumni 2 went on to found or lead
Filip VerbekeFounding Partner→Co-Founder & CCO at Reform
Raoul UllensIntern→Co-Founder & CTO at Gratiago
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