The Trade Services landscape is changing rapidly with next generation client requirements such as Supply Chain Finance, Asian Financing and the move towards end-to-end transaction lifecycle management. There are a number of reasons for this including the move towards transaction banking services post the global financial crisis and the strong influence of the BRICA (Brazil, Russia, India, China and Africa) nations in global tradeflows.
The result is a primary shift in corporate clients’ expectations from their Trade Services partners. Banks and their partners should be able to manage all transactions in an automated, end-to-end way across their entire business. In addition, as corporate clients look for new and innovative products and services, those partners that adopt the efficient use of information and technology to automate the traditionally manual trade finance processes are finding that they are able to build real, long-term competitive advantage.
SmartStream’s TLM Trade Finance is an enterprise-wide solution which handles the full range of trade finance transactions. Implemented at over 70 banks, it is designed to reduce risks and costs by automating the processes involved in both national and international trade services and thus provides multi-entity, multi-time zone and multi-language core functionality. To further increase customer satisfaction and retention, corporate clients can be seamlessly embedded into end-to-end automation using Trade Connect, SmartStream’s corporate web portal. This enables straight through processing and allows clients asynchronous communication and a fully auditable history of transactions, attachments and communications. Your clients will feel like they are part of a single supply-chain.
Join us at one of the five events below to see how end-to-end automation can help your trade finance business.
All events will start at 16:30 followed by cocktails and a networking dinner until approximately 21:00. Places are limited so register now to guarantee your seat.
The event is free to attend!
If you would like to pre-arrange a meeting with one of our representatives please call Nagaratna Nagarkatte on +91 22 6641 2575 or contact us.