“Digitizing trade finance documentation has the ability to provide real benefits to J.P. Morgan and our clients. Banks have grappled to solve the puzzle of paper and manual data entry in this business for many years and our alliance with Cleareye is taking meaningful steps towards solving the problem. The ClearTrade platform also helps us to accelerate and future-proof our clients’ business while reinvesting savings into enhancing controls and risk management. Automation of red flags from Cleareye in our TBML control program allows us to perform more checks across 100% of our transactions and accurately highlight those needing additional investigation.”

“As we ramp up our global rollout, ClearTrade’s sophisticated digital platform will position us to further accelerate our operational efficiencies and continue to enhance controls and risk management.”