The dynamics of global trade are changing every day. Banks are increasingly focusing on scaling-up their trade finance operations and improving their presence in the financial supply chain. Standalone manual systems hinder seamless operations and also pose risks related to compliance and control. In addition, in an extensively paper-driven environment, strict banking regulations mandate continuous manual monitoring and intervention at different stages.
Datamatics’ Trade Finance Solution is a business accelerator, which can be hosted on-cloud as well as on-premises. It automates the entire trade lifecycle and seamlessly integrates with the client’s core trade finance and banking systems.
The solution caters to all kinds of transactions in the Trade Finance domain, namely - Letter of credit (Import & Export), Guarantees (Inward & Outward), Loans, Collections (Import & Export), Shipping guarantee & Reimbursement.
Datamatics' Trade Finance solution is powered by IBM Cloud Pak for Business Automation (CP4BA) and engages cutting edge technologies, such as Intelligent Data Capture (IDP), Artificial Intelligence / Machine Learning (AI/ML), Robotic Process Automation (RPA), and Automated Decision Management Workflow. The solution thereby provides a fully automated, paperless, and electronically driven workflow environment.
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