Introduction
Accelerate Your Trade Finance Transformation Journey
Finacle Trade Finance Solution Suite offers an expansive range of trade and supply chain finance products to enable banks and financial institutions accelerate their digital journeys. Built on an advanced architecture, the comprehensive componentized, multi-entity enabled solution suite is designed to unlock new propositions in trade finance business.
Our Promise
Future-Proof Your Business With a Comprehensive Componentized Suite
Finacle Trade Finance Solution Suite offers a wide array of trade and supply chain finance products along with a host of digital capabilities to automate the end-to-end business lifecycle. The suite also offers a blockchain-based solution to power inter-organization automation and drive ecosystem innovations. The solution offers the freedom to choose tailored products that match your bank’s business priorities, and the flexibility to decide when to deploy or upgrade a particular product.
Advanced Architecture
Finacle Trade Finance Solution Suite Is Built on an Advanced Architecture and Enables Banks to Transform Trade Finance Business With Agility and Flexibility.
EdgeVerve (Finacle) brings APIs, integration, and application ecosystems to corporate banking. The strategy is strong on future plans for enhancing existing cloud-based offerings. The DBPP has differentiating business banking features such as preintegration of small business solutions for accounting and analytics via upSWOT. The DBPP offers strong integration capabilities including event streaming and has integrated with multiple third-party digital front-end solutions in the 12 months prior to this evaluation. Reference customers report a high degree of satisfaction with the vendor’s delivery and support, available APIs, out-of-the-box security functions, and willingness to deliver in DevOps environments. EdgeVerve (Finacle) is a good shortlist candidate for banks that look for a well-designed modern architecture and that want to collaborate with a vendor using agile approaches
– Forrester Wave™: Digital Banking Processing Platforms for Corporate Banking, Q3 2022
Simplified Transformation
Experience Agile, Risk-Mitigated Modernization
Whether it is a big bang switchover, progressive deployment, or complete overhaul, Finacle helps your bank transform at its own pace by simplifying transformation and minimizing risks.
Agility to Drive Excellence
Capitalize on Market Opportunities
- Expansive out-of-the-box product coverage to support emerging documentary and working capital finance opportunities
- Extensive parameterization and business user-driven customization to create fit-for-purpose products with minimal effort
- Finacle Scripting Studio – an extensibility toolkit to customize business rules, UI, processes, and reports
- Access to global innovation – best practices from trade finance implementations in over 65 countries, along with localization components
Better Operations
Drive Enhanced Efficiencies
- Enablers such as standardized text templates, unified instrument views, auto-parsing and data extraction capabilities to augment key processes
- End-to-end automation of funding and invoice realization processes – from request initiation to financing
- Full-stack, unified processing capabilities to manage a range of requirements such as margin, fees, and interest computations
- Integrated, secure, and scalable reporting engine for out-of-the-box standard reports, as well as custom reports
- Open APIs for ease of collaboration with partners, Fintech companies, corporate clients, and the extended developer ecosystem
Better Risk Management
Circumvent the Market Uncertainty
- Mitigate operational risks with extensive capabilities – audit trails, deal versioning, exception management, automated AML/CFT/KYC checks, 4 eye check, maker checker and more
- Rule based asset management and sophisticated limits management for adequate credit risk coverage
- Holistic compliance with global trade and payment standards to enable better interoperability between geographies, facilitate faster transactions
Ecosystem Driven Innovation
Power New Trade Finance Propositions With Blockchain
- Curate an inter-bank network to drive unprecedented efficiency and customer value
- Build an intra-group network to reduce cost, maximize speed, and gain operational efficiencies
- Drive a platform strategy and open new revenue streams with an as-a-service network
