Automate and centralize standard trade finance processes, including export and import-related documentation, negotiation, quotation, and remittances. Ensure adherence to SLAs and regulatory requirements by implementing checklists, efficient tracking of credit documents, and internal controls. Furthermore, increase the scale of operations by extending trade finance services to even low-volume branches.
SWIFT-Compatible Trade Finance Solution
Our Solution offering supports Transactional Information Exchange in a Secure, Standardized, and efficient manner via Swift Network complying to latest Swift Standards between Bank to Bank, Bank to Corporate and Corporate to Bank. Following Swift related activities are supported.
Message creation and processing
Message technical or business activity monitoring (BAM)
Message flow control
Message exception handling
Message reconciliation
Message switching and routing
Message repair and STP enrichment
Message reporting and auditing
Message validation (syntax, XML Schema)
Message validation (SWIFT Network rules or MFVR)
Message validation (market practices)
Message translation (MT-MX)
Message transaction management
Message entry (Graphical User Interface)
Features of
Newgen Trade Finance Automation Software
Multi-channel Trade Process Initiation
Multi-channel transaction initiation via web portal, handheld device, or branch walk-in
Automatic retrieval and population of customer details from core banking system
Straight-through Processing
Elimination of manual case reviews with an automated rules engine
Direct posting of transactions into the core banking system
Loan Limit Availability Check
Limit availability checking to fetch and earmark limits, and push the limit utilization data for each transaction
Instant access to loan account numbers and repayment schedules
Streamlined Online Operations
Centralized trade operations with online trade finance processing at a central hub
Improved liquidity with the release of cash otherwise stuck in a complex supply chain
Cost Reduction and Scalability
Centralized trade operations with online trade finance processing at a central hub
Improved liquidity with the release of cash otherwise stuck in a complex supply chain
Trade Process Monitoring and Reporting
Business activity monitoring to track loan requests, processes, and resource utilization, as well as to generate reports and user-specific dashboards
Master data management module to manage various masters
Success Stories
Trusted Globally for Over 30 Years Customer
