Reducing total transaction costs for the commodity trading market

LGR Global has designed and developed the SRC Business Ecosystem, a secure and controlled business environment that revolutionizes the international commodity trade, trade finance and cross- border money movement sectors.

Reducing total transaction costs for the commodity trading market

LGR Global has designed and developed the SRC Business Ecosystem, a secure and controlled business environment that revolutionizes the international commodity trade, trade finance and cross- border money movement sectors.

What LGR does

Welcome to the next-gen standard for commodities trading & trade finance

Our solution reduces transaction costs for all trading partners. This includes explicit reductions in banking costs, and also stems from enhanced management and risk mitigation capacities during supply chain disruptions.

Interested in saving money digitalization reducing fraud ?

The SRC Business ecosystem reduces total transaction costs for all trading partners by standardizing and digitalizing vital processes

The SRC Business ecosystem reduces total transaction costs for all trading partners by standardizing and digitalizing vital processes

Compliance

Document Processing

Information & Reporting

Data Entry

Data Security

Supply Chain Management

So, how does it work?

In the centre of the SRC Business Ecosystem is the SRC utility token, which is used to fuel transactions between trading partners in the ecosystem. Trading partners can only access the SRC Business Ecosystem products and services by using the SRC utility token.

Ecosystem Components

Bank grade KYC/AML compliance

Used throughout the entire SRC Business Ecosystem.

Digital contracts

Using smart contract technology in the AWS blockchain to issue digital Letters of Credit (LC's).

Plug-in integration

Using APIs to integrate customer, local banks, and different LGR products and services into seamlessly integrated processes. This provides a high-level of visibility over the end-to-end transactions and automated data entries.

Dynamic role and permission control

Allows different trading partners to access the ecosystem, upload digital documents, and control what information is shared, what is kept confidential, and which parties can view/interact with data.

User dashboard

Allows customers to track-and-trace LCs and money movement orders as well as the physical products in the digital supply chain.

Data validation and alerts

Validates the content of any LC documents to smart contract and detects and alerts relevant parties to any discrepancies in trade finance processes or digital supply chains.

Data insights with real-time visualisations for better control

The SRC Business Ecosystem incorporates a real-time digital model of the global supply chain ecosystem (the ‘Digital Twin’), allowing our customers to immediately mitigate risks and maintain operational excellence throughout product/delivery lifecycles.

Powered by

Internet of Things

Artificial Intelligence

Machine Learning

When can I start?

The SRC Business Ecosystem will be launched in three phases:

Phase 1

Cross-Border Money Movement

Phase 2

End-to-End Digital Trade Finance

Phase 3

Digital Commodity Marketplaces

Interested in working with us?

Let's find out how we can help your business too

More Pages

Headquarters

Papiniidu 5
80042, Pärnu
Republic of Estonia