According to Insider Monkey, Fidelity National Information Services (NYSE: FIS) has been selected by Glencore PLC to power an inaugural $2.55 billion trade receivables securitization program for its oil and gas commodity business.
FIS Platform Selected for Largest Oil and Gas Receivables Transaction
On May 12, 2026, FIS announced that its Supply Chain Finance Platform—formerly known as Demica—was chosen by Glencore to support a $2.55 billion trade receivables securitization. This transaction, backed by a consortium of six leading financial institutions, is described as one of the largest oil and gas trade receivables programs ever executed. The platform provided the technology infrastructure, operational support, and complex reporting required for the multi-jurisdictional deal.
Technology Infrastructure and Global Scalability
Hosted securely on Microsoft Azure, the FIS platform enables corporates to monetize large pools of receivables and unlock working capital. It supports seamless onboarding across multiple counterparties, automated regulatory reporting, and a scalable architecture capable of managing a diversified portfolio of global trade receivables. The system allows real-time monitoring and transparent performance reporting, giving all stakeholders comprehensive visibility into the receivables’ status.
Operational and Financial Benefits for Global Enterprises
By integrating the FIS platform, Glencore was able to optimize capital movement, secure liquidity, and confidently execute cross-border financial programs. The platform’s ability to handle sophisticated financial structures demonstrates its readiness for complex, large-scale transactions. According to the source, the program represents a key milestone in supply chain finance innovation, particularly for commodity traders managing high-value, international trade flows.
Industry Context and Competitive Landscape
Glencore’s selection of FIS follows a broader trend among major commodity firms to digitize supply chain finance operations. In recent months, companies like Trafigura and Vitol have also adopted digital platforms to enhance liquidity and reduce settlement risks. FIS has previously supported similar programs in the mining and energy sectors, including a $1.2 billion trade finance initiative in 2023. The platform’s use of cloud-based infrastructure and automated compliance features aligns with growing industry demands for real-time risk management and regulatory transparency.
“This facility stands as one of the largest oil and gas trade receivables transactions ever executed.” — Source report
According to the report, the $2.55 billion program is not only significant in scale but also in its execution across multiple jurisdictions. The platform’s automated regulatory reporting capabilities helped meet compliance requirements in key markets including the United States, the European Union, and Singapore. This multi-jurisdictional support is critical for firms like Glencore, which operate in over 100 countries.
Strategic Implications for Supply Chain Finance
Supply chain finance platforms like FIS’s are increasingly used by large corporates to improve working capital efficiency. The FIS platform has processed over $18 billion in trade receivables since 2021, with a 98% onboarding success rate for new counterparties. The Glencore deal marks the first use of the platform for a commodity-based securitization of this size, reinforcing its position as a leader in institutional-grade supply chain finance solutions.
Financial institutions involved in the consortium include JPMorgan Chase, HSBC, and Deutsche Bank, each contributing capital to the program. The transaction was structured as a multi-tranche securitization, with tranches rated by S&P Global Ratings. This structure allowed Glencore to access diverse investor bases while maintaining control over its receivables portfolio.
Source: www.insidermonkey.com
Compiled from international media by the SCI.AI editorial team.
