Deloitte and Nexxiot announce strategic KYX partnership for logistics
Enhancing global trade compliance and operational efficiency with asset intelligence
London / Zurich
Introducing KYX (combining Know Your Client with Know Your Cargo) by Deloitte, powered by Nexxiot. Deloitte, known for its comprehensive range of services, including audit, consulting, financial advisory, risk management, tax, and legal services, is joining forces with Nexxiot, known for its expertise in digitizing supply chain assets, such as shipping containers and railcars. Nexxiot's network of sensors and artificial intelligence capabilities offer valuable insights into supply chain inefficiencies, reducing uncertainty and operational costs. Deloitte will play a crucial role as the integration partner responsible for delivering these digital transformations.
This strategic partnership will provide a robust, scalable infrastructure rooted in a strong commitment to regulatory excellence and trust. It leverages Deloitte's established KYC (Know Your Client) services and implementation capabilities with Nexxiot's cutting-edge asset intelligence technology and trusted CINFONI (Client Information Network Intelligence) platform. CINFONI has regulatory approval for generating, implementing, recycling, and exchanging 'Golden Records' within the Banking, Financial Services, and Insurance (BFSI) sectors.
Nexxiot CEO, Stefan Kalmund, said, "The strategic partnership with Deloitte and Nexxiot represents a significant step forward for supply chain participants. It will accelerate the adoption of fleet-wide technologies, fostering visibility, transparency, and operational excellence."
Deloitte’s James Yearsley, Lead Partner for the Transportation, Hospitality and Services Sector for NSE (North & South Europe), added, "Through this partnership, we aim to set a new global standard for KYX services, benefitting all stakeholders in the logistics sector, including trade finance, banking, and insurance. Deloitte and Nexxiot offer new services based on real-time data, covering all aspects of KYX from door-to-door, internationally."
Deloitte and Nexxiot are committed to enhancing global trade compliance and operational efficiency through this partnership. It offers the logistics industry a means to embrace a future marked by improved efficiency, resilience, and integrity, all made possible by this strategic collaboration.
Building tomorrow's Know-your-Cargo (KYC) Fin-/Tradetech platform
Deloitte and Nexxiot are committed to enhancing global trade compliance and operational efficiency through this partnership. It offers the logistics industry a means to embrace a future marked by improved efficiency, resilience, and integrity, all made possible by this strategic collaboration.
Deloitte offers integrated professional services that include Audit & Assurance, Tax & Legal, Strategy, Risk & Transactions Advisory and Technology & Transformation. With around 2,500 employees at six locations in Basel, Berne, Geneva, Lausanne, Lugano and Zurich (headquarters), Deloitte serves companies and organisations of all legal forms and sizes across all industry sectors in Switzerland.
Our people deliver measurable and lasting results that help reinforce public trust in capital markets and enable clients to transform and thrive. Building on its over 180-year history, Deloitte spans more than 150 countries and territories with approximately 470,000 professionals worldwide.
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The information in this media release was correct at the time of publication.
Press contact(s):
Michael Wiget
External Communications Lead
Tel: +41 58 279 70 50
mwiget@deloitte.ch
Kevin Capellini
External Communications Specialist
Tel: +41 58 279 59 74
kcapellini@deloitte.ch