FIS powers $2.55bn Glencore trade finance deal

By Aarav Garg

FIS has announced that its Supply Chain Finance Platform is supporting a $2.55 billion trade receivables securitisation programme launched by Glencore for its oil and gas commodities business, highlighting continued growth in technology-enabled structured trade finance.

The transaction was backed by a consortium of six financial institutions. The programme enables Glencore to monetise large pools of receivables in order to unlock liquidity and improve working capital management across its commodities operations.

“The size and scale of Glencore’s oil and gas trade securitization exemplifies how the FIS Supply Chain Finance Platform enables sophisticated financial structures that optimize working capital for global enterprises,” said Steve Sabin, SVP, Lending at FIS. “Our technology and expertise enable our clients to execute complex, cross-border receivables programs with confidence and transparency. By optimizing the movement of capital across the money lifecycle, we are helping businesses like Glencore to unlock money at work through liquidity and drive growth in global markets.”

The deployment reflects broader demand for digital infrastructure in trade finance markets, where banks and corporates are increasingly seeking greater visibility, automation and scalability across complex receivables programmes. Structured trade finance transactions often involve large volumes of counterparties, multiple jurisdictions and strict reporting requirements, increasing the importance of real-time monitoring and standardised operational workflows.

The announcement further underscores how FinTech providers are expanding beyond traditional banking systems into specialised areas of corporate finance, including supply chain finance, receivables securitisation and liquidity management. As global trade flows become more digitised, scalable infrastructure platforms are increasingly becoming central to managing complex financing arrangements across international markets.