RBS has released an upgraded version of its electronic trade and supply chain finance solution Maxtrad.

The improved incarnation of the system provides RBS customers with a single platform for managing and settling trade transaction for buyers and sellers, further automation of processes and increased flexibility allowing for tailor-made solutions.

“As a result of challenging economic conditions, global trade activity is coming under greater scrutiny,” says Madhav Goparaju, global head of trade product delivery and sourcing solutions in RBS’s global transaction services business.

“With this release, RBS further reinforces its commitment to helping customers achieve cash flow and liquidity benefits through supplier financing programmes in multiple countries and companies.”

Maxtrad aims to integrate all participants in the supply chain.

RBS gained the award-winning Maxtrad platform through its acquisition of ABN Amro.