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What is Finastra Trade Innovation?

A trade services platform that adapts to changing compliance requirements, client expectations, and market competition provides a digital, smart, and open trade solution. This platform enables users to digitize and manage negotiable instruments and title documents independently of a central registry. By automating the document review process for Letters of Credit, companies can save valuable time and reduce potential risks. With Appzillon, corporate treasurers and finance leaders can approve and monitor transactions seamlessly using their mobile devices. Transitioning from traditional digital practices to conversational banking allows businesses to improve the corporate customer experience through interactions across multiple channels. Historically, trade processing has depended heavily on paper documentation; however, recent sustainability efforts have accelerated a move towards more automated and efficient processes that help reduce the risk of fraud. The shift towards digital solutions has gained significant momentum during the pandemic, resulting in an increased expectation for customers to perform all transactions from the comfort of their homes. As organizations adapt to these evolving trends, they not only enhance their operational capabilities but also position themselves for a more agile and resilient future in the marketplace. This proactive approach to change can lead to improved customer satisfaction and loyalty.

What is BankTrade?

Since its launch in 1978, our back-office software, BankTrade®, has established itself as a foundational solution, now leveraged by over 100 Trade Finance Banks around the world. It proficiently meets all conventional Trade Finance needs while complying with the highest industry standards and Global Best Practices. As the premier SWIFT certified, web-enabled back-office solution, BankTrade® is designed to enhance and oversee the Trade Finance functions of financial institutions. Highlighting its leadership in the global arena, BankTrade® serves not just banks' corporate clients but also all stakeholders within the Financial Supply Chain. Our dedication to platform independence plays a crucial role in our client retention, with many relying on BankTrade® for more than ten years. At present, BankTrade® functions flawlessly across all predominant operating systems currently on the market. This versatility and enduring nature underscore the confidence and dependability that our clients have consistently placed in our solution throughout the years. Moreover, we continually strive to innovate and adapt, ensuring that BankTrade® remains at the forefront of industry advancements.

Media

Media

Integrations Supported

Finastra

Integrations Supported

Finastra

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Finastra

Date Founded

2017

Company Location

United Kingdom

Company Website

www.finastra.com/universal-banking/solutions/essence

Company Facts

Organization Name

Complex Systems

Date Founded

1978

Company Location

United States

Company Website

www.banktrade.com

Categories and Features

Categories and Features

Banking

ATM Management
Compliance Tracking
Corporate Banking
Credit Card Management
Credit Union
Investment Banking
Multi-Branch
Online Banking
Private Banking
Retail Banking
Risk Management
Securities Management
Transaction Monitoring

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