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EADS Experience with GTC's @GlobalTrade Standby LC Guarantee Issuance System (12:38)

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Uploaded by on Sep 2, 2011

Claudie Guiraudet, Head of Guarantees, Customer Project and Structured Finance, EADS N.V. speaks with Jacob Katsman, CEO of GlobalTrade Corporation about the user experience with the @GlobalTrade system for managing credit facilitates, standbys and bank guarantees, surety bonds and corporate guarantees. She explains how EADS was able to consolidate all its guarantees into one global system, move away from paper to a fully electronic approval process and obtain accurate information about its outstanding contingent liabilities. - How EADS is using the @GlobalTrade Guarantee Issuance System? - How many EADS business units are using the @GlobalTrade Guarantee Issuance System? - How many banks are using the @GlobalTrade Guarantee Issuance System with EADS? - Was it difficult to get the banks to adopt a corporate centric multi-bank platform? - What is the main advantage of the @GlobalTrade Multi-bank Platform? - Fully Electronic Approval Process Enhances Monitoring and Control - Recommendation to companies that have not yet adopted a multi-bank trade platform.

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