European trade credit insurer Atradius has introduced the Atrium credit management online portal, giving customers instant access to information on buyers’ creditworthiness and, in most cases, immediate credit limit decisions.

Chief Market Officer Andreas Tesch says the platform is a “tremendous time-saver” that will reduce errors and make applying for cover and filing claims more efficient.

Once the customer has a clear picture of the buyer, they can directly apply for a credit limit, with most required information already included on the application.

“Its design enables our customers to constantly monitor and smoothly interact with their buyers and with Atradius,” Ms Tesch said.

“It supports better risk management and growth potential, with a clear insight on safer trade.”

More features will follow this year.