news
  • News
  • Important
  • Press Release
  • TradeWaltz and Nippon Export and Investment Insurance (NEXI) started collaboration - Country risk information such as "Country Category and Underwriting Policy" and "Country Review" provided by NEXI are added as partner services

TradeWaltz and Nippon Export and Investment Insurance (NEXI) started collaboration – Country risk information such as “Country Category and Underwriting Policy” and “Country Review” provided by NEXI are added as partner services

TradeWaltz and Nippon Export and Investment Insurance (NEXI) started collaboration – Country risk information such as “Country Category and Underwriting Policy” and “Country Review” provided by NEXI are added as partner services

Nippon Export and Investment Insurance
TradeWaltz Inc.

 TradeWaltz Inc(hereinafter, “TradeWaltz”) , operator of the TradeWaltz™ trade information collaboration platform, and Nippon Export and Investment Insurance (hereinafter, “NEXI”) have started collaboration on partner services.
 We are pleased to announce the addition of information on country risk provided by NEXI such as “Country Category and Underwriting Policy” and “Country Review”, as TradeWaltz partner services.

■Responding to Country Risk in an Uncertain Global Situation
 Recently, rapid changes caused by Russia’s military invasion of Ukraine and the spread of the COVID-19 have a tremendous impact on the trading industry, including supply chain disruptions and dramatic changes in each country’s demand.
 Preparing for “country risk” in advance, which causes a loss to companies due to changes in political, economic, or social conditions in a particular country or region, has become a major issue for companies expanding overseas.

■Country Risk Analysis for Overseas Expansion
 TradeWaltz and NEXI will work together to resolve these issues and concerns. The collaboration includes the addition of two services provided by NEXI as TradeWaltz partner services.

Country Category and Underwriting Policy Provides risk categories and trade insurance underwriting policies for each country/region, classified based on an assessment of the country’s economic, fiscal, and debt repayment status.
Country Review

Provides information on country risk analysis in addition to the situation in each country

 The collaboration between NEXI, a traditional and stable coverage provider, and TradeWaltz, a company that promotes the digitalization of cross-industry trade operations communication, will expand the possibilities of overseas transactions and contribute to the improvement of safety in the trade industry.

■ Comments from Representatives
Tetsuya Koizumi, Executive Officer, Nippon Export and Investment Insurance
We are pleased to announce our collaboration with TradeWaltz, which is taking on the challenge of digitizing trade transactions with the support of many companies. NEXI has been working together with import/export businesses throughout the ages, and we will continue to support Japanese companies in their outward transactions in the age of digital trade.

Satoru Someya, Managing Director and Head of CEO Office, TradeWaltz Inc.
We are very pleased to announce our collaboration with NEXI, a wholly owned subsidiary of the Ministry of Economy, Trade and Industry (METI), which provides “trade insurance” to support Japanese trade. TradeWaltz which aims at the digitalization of trade industry as ALL JAPAN will continue to work with all stakeholders in trade to create the future of trade.

About TradeWaltz Inc.
Name:                   TradeWaltz Inc.

Representative:   President & CEO Hirohisa Kojima
Office:                   KASUMIGASEKI BUILDING 36F WORKSTYLING, 3-2-5
                            Kasumigaseki,Chiyoda-ku, Tokyo 100-6036

Established:         April 2020
Main Business:     Provision of the SaaS*² of “TradeWaltz™”,  a trade-related
                               information-sharing platform using blockchain
Number of Employees: 45 (full-time)             
Website:                https://www.tradewaltz.com
Shareholders:       NTT DATA Corporation
          Toyota Tsusho Corporation
          UTokyo Innovation Platform Co., Ltd.
          Mitsubishi Corporation
          TW Link Corporation
          Tokio Marine & Nichido Fire Insurance Co., Ltd.
          Toyoshima & Co., Ltd.
          Kamigumi Co., Ltd.
          FUJITRANS CORPORATION
          MITSUI-SOKO HOLDINGS Co., Ltd.
          NISSIN CORPORATION
          MUFG Bank, Ltd.
          Mitsubishi Logistics Corporation
          Sompo Japan Insurance Inc.

*1 “TradeWaltz™” is a registered trademark of TradeWaltz Inc. in Japan.
   Other product names, company names, and organization names are the trademarks or registered trademarks of each company.
*2 Abbreviation of “Software as a Service,” a mechanism by which users can use necessary software functions via the Internet.

contact

Please feel free to contact us.