FinTrade is a web-based, multi-user, multi-currency and real-time online System that provides Trade Finance functionality and is integrated with the Core application FinNext. It has been designed to simplify and automate the entire trade finance process of the bank.
The solution is massively scalable and secured. It can maintain letters of credit, Bank guarantees, remittances, and document collections. It caters to local currency and foreign currency. FinTrade is truly parameter driven and can be quickly configured to suit the bank’s business needs, and its one-touch operations post all necessary accounting entries in the core system.
Import/Export Letter of Credit
Bank Guarantees
Remittances
Documentary Collections
Collateral management
Configurable charges and commissions
Support Multi currency
Support multi lingual, real time transactions
Complete Solution
Massively scalable
Modular architecture
Increased efficiency
Connect multiple channels through API
Increase employee productivity and decrease cost