10.6 C
March 21, 2023

Euler Hermes launches TradeMatch, an application to help companies identify export risks and opportunities

Euler Hermes, the global leader in trade credit insurance, launches TradeMatch – https://tradematch.eulerhermes.com/trade-match. This new, free and easy to access web application identifies export business opportunities in 70 countries and over 17 sectors.

But TradeMatch also allows these commercial opportunities to be assessed against the level of risk of the corresponding country according to the proprietary rating of Euler Hermes, thereby making it a unique tool.

All entrepreneurs, whether they run a large group or an SME, asks themselves the same questions: where to export? Which destinations and which outlets to choose? Which countries and sectors are the most risky?

Today, these questions are even more critical given the shake up of international trade. Trade wars, political risks, or even the industrial recession are all headwinds for exporting companies.

Thanks to this new application, everyone can view the most dynamic and least risky destinations in a few clicks. Very easy to use and updated quarterly, the application allows business leaders to benefit from two million data relating to world trade and from the forecasts of the economic research team of the Euler Hermes group, forecasts which are from its proprietary data.

After Mind Your Receivables, a first application developed with Toucan Toco to follow the evolution of corporate bankruptcies around the world, Euler Hermes’ economic research is accelerating its strategy of providing data and content so that a larger number of companies are informed about customer risk, especially when exporting.

“With our partner Toucan Toco, we wanted to make TradeMatch a control tower of world trade for our customers but also for journalists, students and all trade players of foreign trade. The trade war is not inevitable. You just have to know where you set foot when you export, “said Ludovic Subran, Chief Economist of the Allianz Group and Euler Hermes Group.

“We are very proud to contribute to democratizing the data of world trade with Euler Hermes. Their requirements, their unique datasets, as well as their desire for making data story telling available to all echo the very reason why we founded Toucan Toco, “said Baptiste Jourdan, VP Europe and co-founder of Toucan Toco.

„In the context of huge volumes of data available, Euler Hermes launches TradeMatch, a new innovative application developed together with Toucan Toco, which combines information and technology in a unique interface, made available to companies interested in expanding their business in new markets and which enables them to answer critical questions regarding international trade”, said Anca Nicoliță, Sales Manager Euler Hermes Romania.

Related posts

EC: Additional tax on banks might generate EUR 25 bln in budget revenues


Scooterson, an urban mobility company founded by an entrepreneur who launched one of the first internet providers in Romania, aims for the financing of 740,000 euros on SeedBlink


Central Bank wants to temper Romanians’ urge to contract loans

Nine O' Clock