Global Finance has announced its selection as the World’s Best Trade Finance Provider for 2025. This year’s winner is BNP Paribas.
Offering global trade finance in 44 countries and more than 100 trading centers in over 60 countries gives BNP Paribas a strong geographic foundation for its delivery of seamless cross-border trade finance solutions, supporting client growth throughout the entire trade cycle.
A wide range of traditional trade finance and working capital management solutions and significant investment in technology, including web-based e-banking platforms such as Connexis Guarantee, Connexis Trade and Connexis Supply Chain, assist French multinational clients with complex international trade operations. Leveraging digital solutions, such as blockchain and artificial intelligence, streamlines operations, improves efficiency, and enhances customer experience.
In 2022, BNP Paribas launched software using artificial intelligence to simplify trade finance document processing and improve traceability for its clients. Since then, the bank has deployed the program in 15 countries and processed 40,000 transactions.
“We have applied AI technology to help classify and extract data and automate controls,” says Jean-François Denis, Global Head of Trading Solutions. “This exists today and is being further expanded in terms of functionality.” “Bank guarantees also represent the possibility of using AI, such as checking the terms of the guarantee against accepted terms, policies and guidelines. Anti-money laundering is another area in which we have deployed AI.”
URL: www.bnpparibas.com
