For many companies, the administration of guarantees is a task that requires a great deal of manual work and therefore the use of resources. Large volumes, heterogeneous instruments and strong integration with local business operations often have a complicating effect. This panel will present tried-and-tested practical approaches to standardizing and digitalizing guarantee processes. How greater automation and a transparent overview of guarantees issued or received can be achieved will be explained in the joint discussion. Integration into the existing system and banking landscape and the creation of a meaningful and transparent reporting system will also be discussed.
