Background
essDOCS was co-founded by Alexander Goulandris in 2005, with the aim of eliminating major inefficiencies resulting from the use of paper documents in shipping, trade & trade finance.
essDOCS is now ICE Digital Trade (IDT), becoming part of ICE in March 2022. You may know ICE already through its energy futures markets covering Brent, Gasoil, TTF, JKM LNG and EUA futures, and its soft commodity futures across coffee, sugar and cocoa. It is a Fortune 500 company that designs, builds and operates digital networks to connect people to opportunity. ICE provides financial technology and data services across major asset classes that offer its customers access to mission-critical workflow tools that increase transparency and operational efficiencies, two areas which ICE Digital Trade is similarly focused on.
ICE operates exchanges, including the well-known New York Stock Exchange, and clearing houses that help people invest, raise capital and manage risk across multiple asset classes. ICE’s fixed income data services and execution capabilities provide information, analytics and platforms to help customers capitalize on opportunities and operate more efficiently. While ICE Mortgage Technology is transforming and digitizing the U.S. residential mortgage process, which, like trade finance, has traditionally been a paper-based industry.
