Ready to Elevate Your

Trade Finance Experience?

Enabling quicker rollout of solutions with integrated content management

Download
Schedule a demo

Trade Finance Solution

Precision and efficiency are paramount for businesses engaged in international trade and the global economy. Manual processes often lead to delays, errors, and increased operational costs. We offer a transformative solution to streamline your trade finance operations, ensuring seamless transactions and enhanced profitability.

Ospyn’s TradeZact is an end-to-end Trade Finance solution that goes beyond traditional boundaries, optimizing efficiency across a spectrum of trade finance products, including Letter of Credit, Documentary Collections, Bank Guarantees, Remittance, and more. By automating key processes associated with each product, the solution ensures seamless execution and enhanced customer satisfaction. From document processing to risk assessment, our AI-driven platform ensures seamless efficiency at every step.

Join leading financial institutions in embracing the future of trade finance with our innovative automation solution. At Ospyn, we’re committed to driving efficiency, accuracy, and compliance in trade finance, empowering banks to thrive in a rapidly changing market environment.

Highlights

  • Trade Finance Back Office System with multi-level configurable workflow engine
  • AI Services for document auto-classification and intelligent document processing
  • Customer Portal for customers to streamline document submission, and easily initiate and monitor their trade finance activities in real time
  • TBML Detection Tool for watchlist screening and monitoring of transactions
  • Seamless Integration with Core Banking, SWIFT, Treasury and other third party systems

Features

Document Management and Digitization

  • Provision to scan, compress, upload, digitize, store, and search for documents.
  • Auto-population of forms using data extracted from documents using OCR/AI/Machine Learning
  • Auto-validations to ensure if all the mandatory documents and data are received for various products and stages.

Workflow Automation and Task Assignment

Omni-channel support to initiate paperless trade transactions.

Round robin method of assigning tasks to members in an assignee group such as makers/checkers.

Customizable maker-checker workflows for streamlining approval processes of documents and data.

Automatic triggering of notifications and alerts at different stages of the workflow.

Transaction Processing and Communication

  • Maintenance of a branch memo while doing trade transactions for further reference/follow-up
  • Generation of SWIFT messages and Customer Advices in bank-specific formats.
  • Easy configuration of trade product forms and other data collection forms through pre-built templates.
  • Dynamic search based on multiple data-elements from the trade transactions.
  • Dynamic search based on multiple data-elements from the trade transactions.

Security, Compliance,and Analytics

  • AML screening of transactions against watchlists
  • Personalized dashboards equipped with configurable widgets, providing a user-friendly interface for comprehensive insights.
  • Audit framework for maintaining transaction history and audit logs.
  • Security Management including user authentication, role/permission-based access control, and audit trails.