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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 Declarix?

Declarix is a specialized software solution designed for customs declaration preparation, aimed at UK customs brokers and freight forwarders managing their own entries. This application adeptly handles a variety of job files, such as invoices, packing lists, transport documents, spreadsheets, scans, phone photos, and emails, effectively assembling the proposed entry data into a format ready for submission to the Customs Declaration Service (CDS). Each component of this proposed entry is carefully linked to its respective source document, page, and line, and any inconsistencies are highlighted for a clerk's attention. Teams can seamlessly export the compiled package to systems like Sequoia, Descartes e-Customs, or any other customer integration agreed upon, while still adhering to their existing customs filing system, permissions, and submission protocols. Declarix enhances the data preparation process, enabling a customs clerk to review and authorize the finalized package before it is filed. This software proves especially beneficial for repetitive and documentation-heavy import tasks, particularly those that involve extensive line tables or consolidated invoices. Additionally, it provides a draft that users can verify against the original supporting documents, ensuring that data integrity and compliance are maintained throughout the entire operation. Its design prioritizes efficiency and accuracy, making it an invaluable tool for customs professionals.

Media

Media

No images available

Integrations Supported

Finastra

Integrations Supported

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

£500/month
Desk costs £500/month for 100 packs. Team costs £4,000/month for 1,000 packs, and Scale costs £9,000/month for 3,000 packs. Additional packs are charged at each package’s per-pack rate, with a £3 minimum. The pilot costs £1 per declaration, capped at £500, with £0 upfront; its fee is waived if agreed success criteria are missed.

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
Webinars

Training Options

Not specified

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

Declarix Limited

Date Founded

2026

Company Location

United Kingdom

Company Website

getdeclarix.com

Categories and Features

AI Lending

Not specified

Customs Compliance

Not specified

Investment Banking

Not specified

Trade Finance

Not specified

Categories and Features

Customs Compliance

Not specified

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