What is RIVO trade finance solution?
- Open API access
- Paperless processing
- Data insights
- Decision support
- And much more
Who is RIVO trade finance solutions for?
RIVO is specially engineered for corporate clients, in particular, large enterprises in need of a robust solution for managing their complex trade finance operations. RIVO is ideal for businesses involved in international trade, supply chain management, and those who need efficient coordination and a comprehensive overview of trade finance instruments.
Benefits of trade finance solutions for corporates
- Centralisation
With a trade finance solution, corporate clients can view all documentation electronically in one place making it easier to have an overview of all trade finance instruments. It also clarifies what stages they are in and if any action is required. - Improves cash flow operations
A trade finance software like RIVO means you can easily track all documents centrally in a standardised format so you can examine different stages that instruments or products are in, when products or services are delivered, and when payments are due. This allows you to better forecast when cash flow changes may happen. - Compliance
Standardising and digitalising end-to-end trade finance processes with software simplifies compliance for risk managers and compliance staff. By maintaining detailed audit trails, the software enables easy tracking of all activities, making it much simpler to scrutinise and report on trade finance processes for compliance purposes. - Reduced risks
By managing all trade finance matters with software like RIVO, you can significantly reduce the risk of losing important customers or suppliers. It can also guarantee your company gets paid on time or supplied with products on time, ensuring business continuity. - Convenient
Overall, trade finance solutions are incredibly convenient user management and collaboration tools. Managing trade finance with an increasing number of contracts becomes very challenging, and software can help streamline this by ensuring different users are notified when their action is required.
Collaborative trade finance processing
Still use spreadsheets to manage your bank guarantees?
Time to eliminate error-prone manual data processing
Still apply for a letter of credit by email?
Leverage a more secure communication channel
Do you know where your original guarantee is stored?
Improve control and visibility with digital document exchange
Collaborative trade finance processing with RIVO
- Powerful application to manage your trade finance business
- Paperless processing with digital guarantees
- Flexible integration with the entire trade finance ecosystem
- Enriched data insights & decision support including ESG and fraud prevention
Key benefits
- Management
Streamlined management of all your trade finance transactions - Collaboration
Flexible collaboration with every financial institution and any participant - Connection
API-based connection with the extended trade finance ecosystem - Insights
Enriched decision support with data-driven insights - Acceleration
Digital document exchange for faster processing - Risk mitigation
Real-time credit limit and utilization management - Sustainability
Transaction-based ESG tracking and scoring - Security
Transparent transaction management for version control and auditing
Key features
- Intuitive dashboard for ease of use
- Full lifecycle support of letters of credit, standby-LCs, guarantees, collections
- Credit limit and utilization management
- Multi-level organization and user management
- MLETR-compliant digital documents e.g. digital guarantees
- Transaction-based ESG tracking and scoring
- Premium data quality with legal entity identifier (LEI)
- Cloud security, two factor authentication (SSO)
- Sandbox test environment
Choose Surecomp for trade finance solutions for corporates
At Surecomp, our mission is to deliver a seamless trade experience for our corporate clients. We aim to break down barriers, foster collaboration, and support sustainable global trade practices. With our core values – agility, humility, integrity, knowledge transfer, longevity, and performance – at the heart of what we do, we ensure that you get the best trade finance solutions tailored to your needs.
Get started on our corporate plans
Fast and easy to navigate, corporates can start streamlining their transaction process today free of charge
Contact us for pricingStarter Plan
- Basic trade finance transaction management
- LEI enabled
- Configurable web UI
- Basic reporting
- Access to knowledge hub
- Manage 1 internal unit
- Manage 3 financial institutions
- Attachments
- 1 User Role
Essential Plan
Starter features plus:
- Basic limit management
- Basic task management
- Manage 5 Financial institutions
- Flat file upload
- Basic reporting export
- 3 User Roles
- Invoices
Business Plan
Essential features plus:
- Basic Charges management
- Manage multiple internal units (number upon request)
- Manage multiple financial institutions (number upon request)
- 5 User Roles
- Partner Design Session
- Electronic signature
- BI reports
Professional Plan
Business features plus:
- Parent Company Guarantee
- SSO
- API access
- Custom fields
- Advanced limit management
- Issue immutable electronic documents
- Limits in FX
- Manage workflows
- Sandbox with prod data copy
- Fintech hub (# of connectivity upon request)
- AI Applications
- MT Swift / OBO
Enterprise Plan
Professional features plus:
- Create custom authorization rules (e.g. Custom Fields)
- Issue electronic documents of title
- Multiple limits per FI
- Custom BI reporting
- Advanced task management
- Advanced limit & charges management
- Adding new Fintechs to RIVO Hub
Compare features
Products | Starter | Essential | Business | Professional | Enterprise |
---|---|---|---|---|---|
Guarantees/SBLCs | ✓ | ✓ | ✓ | ✓ | ✓ |
Letters of Credits | ✓ | ✓ | ✓ | ✓ | ✓ |
Invoices | ✓ | ✓ | ✓ | ✓ | |
Parent Company Guarantees | Optional | ✓ | ✓ |
Setting | Starter | Essential | Business | Professional | Enterprise |
---|---|---|---|---|---|
Organizational units (internal) | 1 | 1 | Upon request | Upon request | Upon request |
Financial Institutions (external) | 3 | 5 | Upon request | Upon request | Upon request |
Number of transactions | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited |
Committed Data Storage for Closed/Archived deals (year) | 10 | 10 | 10 | ||
Configurable UI | ✓ | ✓ | ✓ | ✓ | ✓ |
Multi-Factor-Authentication | mail, sms | mail, sms | |||
Single Sign on | Optional | Included | Included | ||
User Roles | 1 | 3 | 5 | 5 | 5 |
Create custom fields | Optional | Included | Included |
Setting | Starter | Essential | Business | Professional | Enterprise |
---|---|---|---|---|---|
Basic Task management | ✓ | ✓ | ✓ | ✓ | |
Attach any document to a task | Optional | ✓ | ✓ | ✓ | |
Link transactions to tasks | Optional | ✓ | ✓ | ||
Automatic creation of tasks | Optional | ✓ |
Workflow | Starter | Essential | Business | Professional | Enterprise |
---|---|---|---|---|---|
Configure single criteria authorization rules | Optional | ✓ | ✓ | ||
Configure Multi-criteria authorization rules | Optional | ✓ | ✓ | ||
Create custom authorization rules (e.g. Custom Fields) | ✓ |
Digital documents | Starter | Essential | Business | Professional | Enterprise |
---|---|---|---|---|---|
Receive any document with a transaction | ✓ | ✓ | ✓ | ✓ | ✓ |
Attach any document <10 MB to a transaction | ✓ | ✓ | ✓ | ✓ | ✓ |
Attach any document <50 MB to a transaction | ✓ | ✓ | ✓ | ✓ | |
Attach any document <250 MB to a transaction | ✓ | ✓ | ✓ | ||
Electronic signature (e,g, Adobe/Docusign connections) | ✓ | ✓ | ✓ | ||
Issue immutable electronic documents | ✓ (connectivity, additional cost per doc) | ✓ (connectivity, additional cost per doc) | |||
Issue electronic documents of title (MLETR compliant) | ✓ (connectivity, additional cost per doc) |
Limit management | Starter | Essential | Business | Professional | Enterprise |
---|---|---|---|---|---|
1 Limit per FI | ✓ | ✓ | ✓ | ✓ | |
Multiple limits per FI | Optional | ✓ | ✓ | ||
Limits in any currency | Optional | ✓ | ✓ | ||
Limits per unit | Optional | ✓ | |||
Limits by duration | Optional | ✓ | |||
Limit forcasting | ✓ |
Charges management | Starter | Essential | Business | Professional | Enterprise |
---|---|---|---|---|---|
Default transactional charges per FI (XL upload per FI) | ✓ | ✓ | ✓ | ||
Preview charges per transaction | ✓ | ✓ | ✓ | ||
Receive charges from FI (FI manual Input) | ✓ | ✓ | ✓ | ||
Configure charges per FI and unit | Optional | ✓ | |||
Compare planned vs actual charges per transaction | Optional | ✓ |
Sandbox environment | Starter | Essential | Business | Professional | Enterprise |
---|---|---|---|---|---|
Sandbox with dummy data | Optional | ✓ | ✓ | ||
Sandbox with productive data on demand | Optional | ✓ | |||
Regular productive data load | ✓ |
Support | Starter | Essential | Business | Professional | Enterprise |
---|---|---|---|---|---|
Knowledge and Help center | ✓ | ✓ | ✓ | ✓ | ✓ |
Community | ✓ | ✓ | ✓ | ✓ | ✓ |
Training Academy | ✓ | ✓ | ✓ | ✓ | ✓ |
Ticketing | ✓ | ✓ | ✓ | ✓ | |
Customer Success Manager | ✓ | ✓ | ✓ | ||
Partner Design Session | ✓ | ✓ | ✓ | ||
Amendable contract | ✓ | ✓ | |||
Individual contract | ✓ |
Connection to internal systems | Starter | Essential | Business | Professional | Enterprise |
---|---|---|---|---|---|
Flat file upload | ✓ | ✓ | ✓ | ✓ | |
Surecomp channels | ✓ | ✓ | ✓ | ||
Guarantee API (ICC/SWIFT) | Optional | ✓ | ✓ | ||
Access to RIVO’s open APIs | Optional | ✓ | ✓ | ||
MT Swift / OBO | Optional | ✓ | ✓ | ||
Enabling Custom API | ✓ |
Connect to 3rd party ecosystem | Starter | Essential | Business | Professional | Enterprise |
---|---|---|---|---|---|
Embedded partners | ✓ | ✓ | ✓ | ||
Connectivity to Surecomp’s 3rd party partners | ✓ | ✓ | |||
Adding new Fintechs to RIVO Hub | Optional | ✓ |
Data enrichment | Starter | Essential | Business | Professional | Enterprise |
---|---|---|---|---|---|
Legal entity identifier (LEI) basic function | ✓ | ✓ | ✓ | ✓ | ✓ |
BIC to LEI function | ✓ | ✓ | ✓ |
Generative AI applications | Starter | Essential | Business | Professional | Enterprise |
---|---|---|---|---|---|
Guarantee text interpreter | Optional | ✓ | ✓ | ||
GenAI converter for Guarantee notifications | Optional | ✓ | ✓ | ||
GenAI converter for LC notifications | Optional | ✓ | ✓ |
Reporting | Starter | Essential | Business | Professional | Enterprise |
---|---|---|---|---|---|
Basic reporting | ✓ | ✓ | ✓ | ✓ | ✓ |
Export reporting | ✓ | ✓ | ✓ | ✓ | |
BI reports | ✓ | ✓ | ✓ | ||
Custom BI reports | Optional | ✓ |
Schedule your 45-minute session with our experts
See RIVO in action - experience the management of digital guarantees!
Discovery call & demo
Signup & onboarding
Individual user training (optional)
Your first digital transaction
Discovery call & demo
Signup & onboarding
Book a demoIndividual user training (optional)
Book a demoYour first digital transaction
Book a demoFrequently Asked Questions
- How does trade finance improve cash flow?
Trade finance solutions bridge the gap between the shipment of goods and the receipt of payment. By providing pre-shipment or post-shipment financing, companies can maintain liquidity, manage working capital more effectively, and ensure smoother cash flow. - What types of corporate business can benefit from RIVO?
Our trade finance solutions are ideal for a range of businesses from small and medium businesses to large corporations. - Can RIVO be tailored to meet my business’s needs?
Yes, as a trade finance platform for large companies, we can ensure the software is tailored to what you need as a business. Please let us know your requirements and we can help. - What types of trade finance instruments can your software manage?
Our software is equipped to handle a range of trade finance instruments, including letters of credit, bank guarantees, documentary collections, and trade loans. Designed with corporate clients in mind, our platform ensures seamless management and integration of these critical financial tools. - What kind of support will I receive from Surecomp?
We’re committed to delivering exceptional customer service throughout your entire experience with RIVO. That’s why we have a dedicated support team to guide you through the implementation process, training, and aftercare.
Testimonials
Eddy Veenstra,
Customer Finance Director at Vanderlande in the Netherlands“Surecomp’s vision of a collaborative trade finance process perfectly aligns with our growth. Most of our trade involves companies globally, where it is critical to make the communication process as accessible as possible and RIVO can do this.”
Matti Malminen,
Vice President, Trade & Export Finance at Konecranes“We can connect in the future in real-time with our banks, we can closely monitor and assess the progress of applications across the globe and we can maintain full visibility of our credit lines and utilization. On top of the important multibank connectivity, RIVO will work as a back-office platform for Konecranes and when all 50 countries are connected, the official reporting of the guarantees will be much easier than today.”
Stephan Mazurkiewicz,
VP Trade Finance and Insurance at TRATON in Germany“With reduced reliance on our internal IT infrastructure, we now have the accessibility, agility and efficiency to support TRATON’s “Global Champion Strategy.”
Take a closer look at RIVO!
Visit our RIVO Academy to read more about what to expect from RIVO.
Find out more