TradeZone - Trade Finance Automation Solution
Single platform for Trade Finance business transformation.
Supports the broadest range of traditional trade and supply chain finance instruments, on a single platform for business transformation.
Reduce costs, increase productivity, broaden their product range, and improve client retention.
End to End Trade Finance remittance software which takes care of Outward & Inward remittances from the Trade department.
Working on Java Framework, supports dynamic processes and manages all remittances.
Achieve a single, global view of all customer trade dealings with the bank.With improved automation and transparency, you can define SLAs for individual clients to gain a competitive advantage.
Enhanced Risk Management, strengthened Regulatory Compliance
Effective Screening controls for sanctions & AML risk management
Tailoring the content & application of watch-lists to the bank’s risk profile — significant operational cost savings can be made by streamlining watch lists.
Identifying a “core” set of sanctions lists to use for all customer relationships and transactions.
Centralized Dashboard for managing Customer Discrepancies. It also sends reminders at scheduled intervals
Trade banks with multi-regional processing requirements can relocate operations to lower cost centres to achieve cost reduction and economies of scale. The system’s customisation toolkit allows local adaptations to be made to augment and extend preconfigured and centrally managed workflows.
Many users can have a projected reduction in costs by 30% across their trade finance operations.
TradeZone reduces time to market and project risk with its proven model bank implementation methodology and trade finance expertise.
TradeZone Phase -II offers integration with CBS, SWIFT and Treasury as direct connections.
Mobile & Internet Banking Integration
CBS / AML / Treasury Integration
Audit & Compliance with Read Only Access for Audits
Real Time Management Dashboard
Turn Around Time Reminders/Alerts
In-built Document Management System
End-to-End request tracking
API based Request creation
Optimal Resource utilization
Two Step Verification
Banks & Customer Benefits
- Remote branches can start accepting Trade requests
- Easy Accessibility to Trade Finance documentation & processes
- Customer upload of request through Mobile / Internet channels
- Increase in customer stickiness
- Leverage rapidly expanding data stores to drive new business insight & operational efficiencies
- Various Priorities in terms of Customer, Transaction, Process