SWIFT Trade Services Utility (TSU)

TSU: The SWIFT TSU (Trade Services Utility) is a global, bank-neutral collaborative centralised matching utility. TSU helps banks to create a global Financial Supply Chain mirroring the Physical world. TSU helps banks to increase revenues and reduce costs while providing new products and services to their customers who use the Physical Supply Chain.

World First: Tradocs' cutting edge transaction-visibility service takes the TSU even further by showing banks where to find future revenue.

Tradocs enables banks to identify potential targets for trade finance and other financial services. Banks receive from Tradocs real-time reports of events which indicate low-risk future business transactions. These events include purchase orders, order acceptances, order modifications, inspection certificates, shipment documentation, accepted customs documents and payment instructions to name just a few...

This is achieved by sharing key information contained in trading partners' existing e-documents.

Benefits to banks are immediate and multifold:

• Negligible Risk - Each transaction's evolution is monitored through the trade documents exchanged by buyer and seller: the more documents exchanged, the lower the risk (compare this with your current risk exposure)
• Revenue Generation - Calculate revenue potential within seconds of each transaction event: prioritise the transactions, partners and/or events which interest you (identify revenue generation potential here)
• Evolving Risk - Unlike Open Account trading (1 finance opportunity) and Letter of Credit (max 2 finance opportunities), Tradocs-TSU ensures you can revise your offer each time a new trade document is sent, i.e. as risk decreases
• Offset "Subprime" Losses -  Anchor future revenue with a robust, reliable business model: long-term revenue is quantifiable and assured
• No I.T. Complications - Tradocs-TSU does not require intensive management by I.T. teams
• Quickly Available - The Tradocs-TSU partnership guarantees rapid implementation of this service for banks and their corporate customers