Windward and SGTraDex Partner to Enhance Digital Trade Finance
Windward and SGTraDex have signed a Memorandum of Understanding to enhance digital trade finance solutions, announced in a press release. The partnership aims to drive digital transformation in supply chain financing by co-developing tools that improve due diligence, compliance, and financing decisions.
The collaboration will leverage Windward's advanced Maritime AI capabilities and SGTraDex's digital infrastructure to promote interoperability, transparency, and efficiency in maritime trade operations. Both organizations aim to accelerate the adoption of digital solutions in trade finance, addressing evolving challenges in the sector.
Windward's CEO, Ami Daniel, emphasized the significance of this partnership in transforming global trade through AI and digital connectivity. SGTraDex's Chairman, Tan Chin Hwee, highlighted the alignment of this collaboration with their mission to facilitate secure and inclusive data sharing across supply chain ecosystems.
We hope you enjoyed this article.
Consider subscribing to one of several newsletters we publish like Finance AI Weekly.
Also, consider following us on social media:
More from: Finance
Subscribe to Finance AI Weekly
Weekly newsletter about AI in finance. Covers AI-driven trading, fintech innovations, and data analytics transforming markets
Whitepaper
Governing the Future: A Strategic Framework for AI Adoption in Financial Institutions
This whitepaper explores the transformative impact of artificial intelligence on the financial industry, focusing on the governance challenges and regulatory demands faced by banks. It provides a strategic framework for AI adoption, emphasizing the importance of a unified AI approach to streamline compliance and reduce operational costs. The document offers actionable insights and expert recommendations for banks with fewer than 2,000 employees to become leaders in compliant, customer-centric AI.
Read more