Finastra, a global provider of financial services software applications and marketplaces, today announced a partnership with
Integro's SmartLender has been successfully helping banks in
Banks are operating in an era of unprecedented uncertainty and are having to manage risk on a global scale. Digitalization is the only way to effectively manage such uncertainty to bring a true understanding of risk,' said
The best of breed capabilities of Trade Innovation, combined with the granular Limits Management capabilities of SmartLender Trade Limits, will give customers a competitive edge to expand and scale their trade and supply chain businesses with effective risk management,' said Mr. Shekhar Mullatti, CEO,
SmartLender Trade Limits is a comprehensive digital trade limits system that enables exposure risk management at every stage of the trade finance process. With end-to-end centralized processing capabilities and open APIs, SmartLender Trade Limits offers easy and widespread configurability and improves productivity with reduced rates of trade rework and active limit monitoring. The intuitive workflows allow well-supported decision making with global trade limits structures and limit checking from numerous views, including country risks, industry/sector risks, group and counterparty risks, all from a scalable architecture designed to handle rapid changes to workloads and user demands to ensure business continuity.
Trade Innovation is the best-in-class booking engine with embedded workflow management for working capital finance, covering all aspects of working capital and supply chain finance. The solution provides open connectivity to networks, the creation and management of digital original documents, as well as the automation of compliance and document checking tasks using AI and machine learning. With front-to-back digitalization of the documentation and processes involved in complex guarantee wording and workflows, Trade Innovation reduces friction in processing and improves turnaround times. Using the solution, banks can accelerate their move to paperless trade, enable greater automation in their operations, and respond quicker to market requirements.
Contact:
Tel: +65 9058 1160
Email: benjamin.juntai@finastra.com
About Finastra
Finastra is a global provider of financial software applications and marketplaces, and launched the leading open platform for innovation, FusionFabric.cloud, in 2017. It serves institutions of all sizes, providing award-winning solutions and services across Lending, Payments,
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