Nomentia Guarantee Management

Nomentia Trade Finance is a cloud-based solution designed to automate and centralize the management of guarantees and letters of credit. It provides full visibility into trade finance instruments across the organization, streamlines workflows, and improves collaboration between internal teams and external banks.

Features

• Centralized management of bank guarantees and letters of credit
• Digital lifecycle management of trade finance instruments
• Standardized request forms for all guarantee types
• Role- and entity-based user permissions
• Audit trail for all modifications and approvals
• Real-time tracking of guarantee status
• Integrated commenting and collaboration tools
• Digital signature support (e.g., DocuSign, Adobe Sign)
• Automated internal billing and settlement
• Comprehensive reporting and filtering options

Capabilities

• End-to-end digitalization of guarantee and LC processes
• Communication with banks via SWIFT standard formats
• Internal and external request handling in one platform
• Automated approval workflows and document management
• Credit facility allocation and monitoring
• Filtering by type, purpose, beneficiary, due date, and currency
• Integration with ERP and treasury systems
• Scalable across multiple entities and geographies

Benefits

• Elimination of manual processes and email-based workflows
• Improved transparency and control over trade finance operations
• Faster processing and reduced turnaround times
• Enhanced compliance and audit readiness
• Lower operational risk and administrative overhead
• Streamlined collaboration across departments
• Better visibility into global guarantee exposure
• Optimized fee management and cost tracking