Barclays has taken a significant step forward in its Barclays digital trade finance transformation by partnering with global technology leader CGI to integrate its Trade360 platform with Komgo’s Konsole—the world’s largest multi-bank trade finance network. This collaboration marks a pivotal move toward fully digitized, end-to-end trade operations, aimed at enhancing transparency, accelerating transaction processing, and reducing operational risk for corporate clients.
By linking Komgo’s decentralized finance platform with CGI Trade360’s advanced processing engine, Barclays is eliminating long-standing inefficiencies rooted in manual data entry and fragmented communication across trade ecosystems. The integration enables seamless, real-time flow of trade transactions from corporate clients on Komgo’s Konsole directly into Barclays’ internal systems via CGI’s secure infrastructure—streamlining workflows, minimizing errors, and significantly cutting processing times.
Jaya Vohra, Managing Director and Global Head of Trade & Working Capital at Barclays, emphasized that client demand for frictionless, digital-first solutions is driving the bank’s innovation agenda. “Our corporate clients increasingly expect seamless, digital-first solutions for their global trade finance needs,” she said. “By integrating Komgo with CGI Trade360, we are delivering a fully digital experience that simplifies operations and enhances efficiency—a crucial step in our ongoing commitment to modernizing trade finance.”
For multinational corporations engaged in cross-border trade, the new workflow means faster confirmations, improved audit trails, and greater control over letters of credit, guarantees, and other trade instruments. With automation replacing paper-based or semi-digital processes, businesses gain not only speed but also resilience against delays caused by human error or document discrepancies.
Neil Sadler, Senior Vice-President for Banking and Financial Markets at CGI in the UK, described the partnership as a model for the future of institutional fintech collaboration. “CGI is dedicated to advancing the digitization of trade finance by acting as the bridge between banks and innovative fintech networks,” he said. “Banks remain central to global trade financing, and with the processing power of CGI Trade360, we’re enabling them to scale securely and confidently in an increasingly connected ecosystem.”
The integration also underscores the growing importance of interoperability in global finance. Komgo’s Konsole platform connects multiple banks and corporates on a single, blockchain-enabled network, promoting standardization and trust. Michael Mandell, Managing Director for the Americas at Komgo, highlighted the tangible impact of the Barclays-CGI link. “This integration demonstrates how combining our multi-bank network with CGI’s robust processing capabilities delivers real value to both banks and corporates,” he said. “We are enabling faster, more secure, and fully digital trade finance workflows—a concrete step toward the connected, efficient ecosystem that global businesses now require.”
As supply chains grow more complex and regulatory demands intensify, the pressure on financial institutions to deliver agile, transparent, and scalable trade solutions has never been higher. The Barclays digital trade finance initiative exemplifies how legacy banks are leveraging third-party platforms and open architecture to remain competitive without building every component in-house.
This strategic tripartite collaboration between Barclays, CGI, and Komgo signals a broader shift in the industry—one where partnerships, rather than siloed development, are driving innovation. It also reflects increasing confidence in decentralized networks and enterprise-grade fintech infrastructure to support mission-critical financial operations.
With this integration live, Barclays is positioning itself at the forefront of next-generation trade finance—where digital connectivity isn’t just an upgrade, but the foundation of trust, speed, and scalability in global commerce.
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