(1) STOCKHOLM, Feb. 16, 2021 /PRNewswire/ -- In May 2017, The Economist wrote an article echoing the idea that data had overtaken oil as the world's most valuable resource. For as much truth there is in such a statement, it is equally true that the only thing worse than not having data to work with, is to have "bad data" that lead to bad decisions. In an effort to simplify and standardise operations in trade finance, Swedish fintech Mitigram is becoming the gold standard of data management. "With our new Transaction Manager (TxM) product," said Anton Monaghan, Product Manager at Mitigram, "Customers can monitor their entire portfolio of trade finance transactions in a centralised solution. TxM supports the tracking of multiple trade finance instruments from planned stage through expiration, giving clear insight into outstanding exposures across banks, countries and counterparties. Integrations with SWIFT and other ecosystem providers will enable multi-channel bank communication and reduce the number of systems needed to seamlessly execute transactions."