Trade Finance

Develop competitiveness

The continuing growth of global commercial trade and the new evolving dynamics of technology and regulations are proving real challenges for international business. Therefore Banks and financial institutions have to respond to market changes by providing business clients with high-performance solutions that enable them to stand out.

Sumerge’s Trade Finance solution is a complete, automated end-to-end solution that enables banks and financial institutions to automate the processing of all traditional and sophisticated trade finance processes, including Letters of Credit (LC), Guarantees (LG) and Documentary Collections (DC), for optimal productivity and reliability.

Solution Benefits

Improved Customer Experience

Use client information to create highly personalized customer communications on demand and in real-time.

Reconciliation & Effective Financial Control

Gain the Maker Checker concept, which is used to authorize data that is entered by users at the regional branch office.

Centralized Trade Operations

Eliminate the duplication of efforts and guarantee data integrity within the core banking system.

Simple Compliance with Regulatory Polices

Automatically monitor document access, transaction processing, fraud and compliance issues in real-time.

Reduced Turnaround Time

Faster trade request processing through workflow automation.

Solution Features

Workflow Automation

Automates and optimizes trade finance operations

Case Management

Handle less structured process and ad-hoc tasks for better collaboration

Regulatory Compliance

Automated checks for  Seamless document regulatory compliance

Reporting

KPIs for business monitoring and tracking of requests

Integration APIs

APIs for strong integration with collection department for follow-ups

Multi-channels

Capture & digitize forms from different input devices

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