Contour has won the title of ‘Best Trade Finance Solution’ at TMI’s Technology & Innovation Award.
Each year, Treasury Management International (TMI) recognises the banks, consultants and technology providers that are driving the best practices and latest innovations in treasury management globally. Since its inception over 25 years ago, the awards have highlighted the achievement of companies of all sizes within the treasury and financial world.
The 2021 award winners have just been announced, and Contour is honoured to have been recognised as the Best Trade Finance Solution.
Over the past year, Contour has emerged as a major player in the trade finance space. Firms across a variety of industries – including petrochemicals, metals and textiles – are now using Contour’s platform and have fully digitised the processes in the issuance of Letters of Credit.
The award reflects the significant progress that Contour has made over the last 12 months in our mission of transforming global trade, in collaboration with more banks, corporates and integration partners than ever before. As we continue to grow our client base, more financial institutions across the world are beginning to reap the cost, risk and efficiency benefits of digital trade.
Following recent investment from TIS Intec Group, Contour is poised to expand both its network and product base in 2022 as it continues to lead industry innovation.
Carl Wegner, CEO at Contour, comments: “We’re delighted to have received such a prestigious industry accolade, capping off what has been a hugely successful 12 months at Contour. In the space of only two years, we have formed a corporate base of 16 banks with our network being used in over 50 different countries. This award is testament both to our hardworking team and the impact our network has had on global trade by making access to finance far more secure and inclusive.”