The Big OneBanking & Lending
Centalion says its AI agent cut trade finance amendment time about 80%
Centalion, the Geneva commodity trader formerly known as Gunvor, deployed an AI agent that prepares trade finance instruments from plain-language instructions. On its first facility, amendment processing time fell about 80%, Centalion said. Every transaction still goes to a treasury employee for approval.
NoteThe figure is self-reported and covers one facility. Banks running their own trade finance desks should wait for an independent count before treating it as a benchmark.
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