Orbian: Most Innovative Trade Finance Solutions Global 2023
Orbian is the longest-running firm in the supply chain finance (SCF) industry. It was incorporated as a joint venture between Citibank and SAP in 1999 and became a privately held company in 2004. To date, Orbian has processed over five million error-free transactions and financed $400bn in trade flows for thousands of suppliers across five continents and 53 countries. Orbian’s client roster includes many Fortune 500 and Global 500 companies, which have praised the flexibility and scalability of the firm’s SCF programme. Suppliers benefit from Orbian’s capacity for unlimited, multi-currency, multi-bank, source-agnostic funding. Onboarding of new suppliers is a streamlined and simple process with Orbian’s best-in-class platform. The firm has achieved flawless integration of the platform across all major ERP systems and is resident in the SAP ecosystem. Orbian is headquartered in California with offices in London and Munich. Customer service is available around the clock and in various languages. The firm reported significant growth over the past year, helping companies to overcome the continued challenges presented by the Covid pandemic and the conflict between Russia and Ukraine. In 2022, Orbian’s unique Fixed Rate offering provided suppliers that had chosen this an average 300 basis points lower cost of finance. In 2023, such Fixed Rate offering is expected to give suppliers greater confidence and certainty as the market completes its transition away from Libor benchmarks. This offer is unique to Orbian thanks to the firm’s unparalleled grasp of data and risk. The CFI.co judging panel presents Orbian — a repeat programme winner — the 2023 global award for Most Innovative Trade Finance Solutions.