Finastra Partners With CargoX To Advance Digital Trade Documentation

The collaboration integrates CargoX’s blockchain-secured electronic trade document (eTD) platform with Finastra’s Trade Innovation solution enabling secure, seamless and scalable electronic document exchange worldwide.

By combining CargoX’s platform which supports over 65 eTD types with Finastra’s Trade Innovation solution, clients can eliminate inefficiencies and adopt digital-at-source trade documentation. The cloud-based platform provides advanced encryption, full audit trails, fraud reduction, faster processing, enhanced document security, and lower operational costs.

Integration is enabled through Finastra’s open API and Trade Innovation Nexus, providing a cloud native solution that supports digital transformation and sustainability objectives. Financial institutions gain a future-ready platform for real-time scalable document exchange while end users enjoy reduced risks of document loss non-delivery or damage.

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The partnership combines Finastra’s global reach with CargoX’s blockchain secured platform to accelerate trade finance digitization. It provides clients with secure interoperable tools that support the industry’s shift to electronic documentation.

The collaboration aligns with the Digital Container Shipping Association’s (DCSA) goal of 100% electronic bills of lading by 2030 promoting a more transparent, efficient and sustainable trade finance ecosystem.

“We are establishing electronic trade documents as a reliable foundation for international trade, bringing trust and scalability to the way global commerce operates,” said Peter Kern, VP Commercial at CargoX. “By integrating with Finastra’s Trade Innovation platform we’re bringing the power of blockchain-secured document transfer to a wider audience, helping banks and businesses reduce fraud, improve efficiency and meet the demands of modern trade.”

Anastasia McAlpine, Head of Product Management, Trade and Supply Chain Finance at Finastra, said, “Our collaboration with CargoX reflects Finastra’s commitment to driving innovation and interoperability in trade finance. Together, we’re enabling financial institutions to digitize at source, streamline operations, and unlock new value for their clients, especially SMEs, through secure, scalable, and cloud-enabled solutions.”

About Finastra

Finastra is a global leader in financial services software, serving over 7,000 customers including 40 of the world’s top 50 banks in 110+ countries. With expertise in lending, payments, and universal banking, Finastra delivers mission-critical, scalable solutions while partnering with institutions to drive innovation and support confident growth.

About CargoX

CargoX is a leading provider of blockchain based electronic trade document solutions. Its Blockchain Document Transfer (BDT) platform enables secure creation, signing, and transfer of trade documents, including the first blockchain-based electronic bill of lading in 2018.