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TradeSun Platform from TradeSun
An AI-powered platform for automating trade finance document review and compliance checking. Features include automated document verification, real-time compliance screening, and trade-based money laundering detection.
Product analysis by function
Trade Finance Platforms for Corporate Banking
Solutions that facilitate international trade by providing financial instruments like letters of credit, guarantees, and trade loans.
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User Experience & Accessibility
(4 Yes /4 Known /10 Possible features)
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Multi-Language Support Provides interfaces in various languages for global clients. |
No information available | |
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Mobile Accessibility Platform accessible via mobile devices and apps. |
The platform advertises mobile accessibility for corporates and banks. Source: tradesun.com/platform | |
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Customizable Dashboards Users can personalize dashboards to display relevant trade and finance information. |
No information available | |
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Role-Based Access Control Access and functionality tailored to different user roles. |
Role-based access control is standard in enterprise trade finance platforms, and cited in compliance overview materials. | |
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Single Sign-On (SSO) Allows access using corporate authentication for convenience and security. |
No information available | |
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Advanced Search & Filtering Search and filter transactions, documents, and communications easily. |
No information available | |
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Bulk Uploads Upload multiple documents or data entries in one operation. |
No information available | |
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Notification & Alert Systems Automated alerts for key events or deadlines via email, SMS, or in-app. |
TradeSun provides automated real-time alerts for compliance and deadlines, per platform documentation. | |
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Document Preview Preview documents directly within the platform. |
No information available | |
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Responsive Design Adapts interface seamlessly for all device screen sizes. |
Responsive design mentioned as the product adapts to bank and corporate user needs for desktop and mobile. |
Product Coverage
(2 Yes /3 Known /10 Possible features)
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Letters of Credit (LC) Supports issuance, amendment, advising, confirmation, and settlement of LCs. |
Platform handles Letters of Credit, including document automation for LCs. Source: tradesun.com | |
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Guarantees & Standby LCs Handles bank guarantees and standby letters of credit. |
No information available | |
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Documentary Collections Manages import and export documentary collections (D/P, D/A). |
Documentary collections are featured in the solution overview for trade finance automation. | |
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Supply Chain Finance Supports pre- and post-shipment finance, payables, and receivables financing. |
Not as far as we are aware.* No specific mention of supply chain finance features (payables/receivables financing) on product site. | |
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Invoice Financing & Factoring Provides invoice discounting, factoring, and reverse factoring options. |
No information available | |
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Open Account Finance Supports open account transactions (bulk payments, risk mitigation). |
No information available | |
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Export/Import Loans Manages short-term trade loans for working capital. |
No information available | |
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Export Credit Agency (ECA) Support Integration with ECA instruments for risk mitigation. |
No information available | |
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FX & Hedging Integration Allows hedging currency risks linked to trade transactions. |
No information available | |
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Insurance Integration Integrated trade credit or cargo insurance options. |
No information available |
Process Automation & Workflow
(5 Yes /6 Known /10 Possible features)
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Automated Workflow Management Digitizes end-to-end processes with pre-set workflows. |
Platform digitizes document checking, compliance and process workflows. Source: product description. | |
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Configurable Approval Rules Route transactions for multiple approvals based on configurable criteria. |
Configurable automated approval and rules engine is a platform highlight. | |
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Digital Document Generation Auto-generates standard documents (e.g., LCs, guarantees). |
Automated document generation cited for LCs and compliance forms. | |
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Data Validation & Error Checks Automatically validates input data and flags inconsistencies. |
AI-powered input validation, error-checking across multiple documents announced as core to the solution. | |
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Electronic Signature Integration Supports digital/electronic signature of documents. |
No information available | |
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Task Assignment & Tracking Assigns and tracks tasks for all workflow steps. |
Platform tracks and assigns tasks in the document review workflow. | |
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Document Version Control Tracks changes and versions of all key documents. |
Not as far as we are aware.* No direct mention of version control for trade documents on public site or datasheets. | |
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Parallel Processing Supports simultaneous processing of multiple cases. |
No information available | |
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Transaction Templates Reusable templates for frequent or repeat transactions. |
No information available | |
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Workflow Reassignment Capability Allows dynamic reassignment in case of absence or escalation. |
No information available |
Integration & Interoperability
(4 Yes /4 Known /10 Possible features)
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API Availability Provides comprehensive APIs for integration with core banking, ERP, etc. |
APIs for platform integration are referenced in integration documentation. | |
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SWIFT Connectivity Full support for SWIFT messaging (FIN, FileAct, APIs). |
No information available | |
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Third-Party Data Feeds Integration with trade registries, sanction screening, KYC, etc. |
Sanction screening and compliance integrations with external data providers highlighted as a key feature. | |
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ERP System Integration Pre-built connectors for major ERP providers (SAP, Oracle, etc.). |
No information available | |
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Cloud Hosting/Deployment Options Supports on-premises, public cloud, or hybrid deployments. |
Cloud deployment options and scalability for banks are presented on product page. | |
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Blockchain/DLT Readiness Option to connect with DLT-powered trade networks. |
No information available | |
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EDI/CSV File Support Supports standardized file imports/exports. |
Facilitates CSV/EDI file upload for automated document intake, per datasheets. | |
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Payment Gateway Integration Links to multiple payment providers for settlement. |
No information available | |
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Custom Plug-in Framework Supports custom plug-ins or extensions for unique requirements. |
No information available | |
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Multi-Bank Connectivity Facilitates interactions with multiple banks from a single platform. |
No information available |
Security & Compliance
(6 Yes /6 Known /10 Possible features)
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End-to-End Encryption Encrypts data at rest and in transit. |
Encrypts all data in-transit and at rest, a standard for regulated trade finance systems. Source: compliance statement. | |
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ISO 27001 Certification Certified for rigorous information security management practices. |
No information available | |
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AML/CFT Screening Integrated anti-money laundering and counter financing of terrorism checks. |
TradeSun conducts real-time AML/CFT screening as a differentiator. | |
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User Access Logging Logs all user activity for auditability. |
Audit logs are generated for all user compliance activities, for regulatory review. | |
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GDPR/Data Privacy Compliance Compliant with international data privacy regulations. |
Platform states GDPR compliance among data privacy practices. | |
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Two-Factor Authentication (2FA) Adds an extra layer of security for user access. |
No information available | |
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Penetration Testing/Ethical Hacking Regular penetration testing performed on the system. |
No information available | |
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Data Masking & Redaction Sensitive data is hidden from unauthorized users. |
No information available | |
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Regulatory Reporting Automated reporting to regulatory authorities. |
Automates reporting for compliance. Regulatory reporting is promoted as part of value proposition. | |
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SLA/DR (Disaster Recovery) Capability Clearly defined SLAs and robust disaster recovery processes. |
Disaster recovery with SLAs is presented under enterprise IT and compliance guarantees. |
Risk Management
(4 Yes /4 Known /10 Possible features)
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Counterparty Risk Assessment Automated risk analysis on trading partners. |
Automated counterparty risk checking and screening is core to AI/compliance claims. | |
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Credit Limit Management Monitors and enforces credit limits for counterparties. |
No information available | |
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Sanction Screening Integration Screening against global sanction lists. |
Integrated with sanction screening lists, as per platform capabilities. | |
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Country Risk Monitoring Tracks and evaluates geo-political risks. |
No information available | |
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Risk Dashboard Visualizes risk exposure and incidents. |
No information available | |
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Automated Exception Handling Detects and flags transactions that deviate from norms. |
No information available | |
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Fraud Detection Algorithms Uses AI/ML for anomaly and fraud detection. |
Fraud/anomaly detection based on machine learning is a key benefit in product collateral. | |
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Real-Time Currency Risk Monitoring Track FX exposure in real time. |
No information available | |
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Insurance & Collateral Tagging Tracks attached collateral or insurance for each deal. |
No information available | |
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KYC/AML Automated Checks Performs Know Your Customer/Anti-Money Laundering verification automatically. |
Performs automated KYC/AML verification during document checking process. |
Reporting & Analytics
(4 Yes /4 Known /10 Possible features)
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Custom Report Builder Users can create custom analytical and operational reports. |
No information available | |
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Pre-Defined Reports Library of standard regulatory, risk, and management reports. |
No information available | |
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Interactive Dashboards Visual dashboards with drill-down capabilities. |
No information available | |
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Real-Time Data Visualization Dashboards and reports update in real time. |
Provides real-time data and dashboards for trade and compliance monitoring. | |
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Export to CSV/PDF/Excel Reports can be exported in various formats. |
Data and report export is a published platform capability. | |
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Scheduled Report Distribution Automated scheduling for report delivery. |
Reports can be scheduled and distributed via the platform. | |
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KPI Tracking Monitors key performance indicators for trade transactions. |
No information available | |
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Historical Data Analysis Analysis and reporting over historical datasets. |
Historical data and document analysis leverages AI, a core advertised feature. | |
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Data Drill-Down Ability to drill into reports for greater detail. |
No information available | |
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Regulatory Report Templates Pre-formatted templates to meet compliance requirements. |
No information available |
Scalability & Performance
(3 Yes /3 Known /10 Possible features)
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Concurrent User Capacity Maximum number of users the system supports simultaneously. |
No information available | |
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Transaction Processing Speed Average processing time per trade transaction. |
No information available | |
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Uptime Guarantee Platform availability commitment. |
No information available | |
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Elastic Scaling Ability to dynamically scale up/down resources. |
Cloud-native/hosted solution allows elastic/dynamic scaling. | |
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Batch Processing Capability Supports high-volume batch trade operations. |
The platform's large-scale document and transaction processing supports batch modes. | |
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Database Performance Tuning Regular tuning for optimal data management and retrieval speeds. |
No information available | |
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Horizontal Scaling Support Add new servers and resources as volumes grow. |
No information available | |
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Resource Quota Management Management of user and department-level compute/storage limits. |
No information available | |
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High Availability Architecture Designed for resilience and redundancy. |
Product is described as high-availability with redundancy for enterprise use. | |
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Disaster Recovery RPO/RTO Measurable recovery time and point objectives. |
No information available |
Collaboration & Communication
(2 Yes /2 Known /10 Possible features)
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In-Platform Messaging Secure chat or email systems between parties. |
No information available | |
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Audit Trail of Communications Logs all correspondence related to a transaction. |
No information available | |
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Commenting on Documents Share contextual feedback directly on trade documents. |
No information available | |
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Shared Deal Rooms Collaborative spaces for each deal/trade. |
No information available | |
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External Counterparty Access Limited access for suppliers, buyers, insurers, etc. |
No information available | |
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Document Request Workflows Structured requests for new or missing documentation. |
No information available | |
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Status Tracking & Updates Real-time view of transaction status for all stakeholders. |
Real-time status tracking and workflow visibility noted as core to the user interface. | |
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File Sharing Securely share files with internal and external parties. |
File/document sharing securely with verified external parties is part of the trade document workflow. | |
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Negotiation Management Track and document all negotiation steps and outcomes. |
No information available | |
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Escalation & Issue Management Formal escalation of unresolved disputes/issues. |
No information available |
Customer Support & Service
(4 Yes /4 Known /10 Possible features)
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24/7 Support Availability Round-the-clock troubleshooting and support. |
24/7 support for financial institutions is stated in the service levels. | |
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Knowledge Base/Help Center Comprehensive online help and self-service resources. |
No information available | |
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In-App Guidance Walkthroughs, tooltips, and step-by-step guidance in-platform. |
In-platform guidance including walkthroughs is described as part of the onboarding process. | |
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Ticketing System Integration Submit and track support requests. |
No information available | |
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Dedicated Relationship Manager Personalized assistance for key enterprise clients. |
No information available | |
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User Community Forum Forum for users to exchange tips and best practices. |
No information available | |
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Service Level Agreement (SLA) Monitoring Tracks response and resolution times vs. SLA targets. |
No information available | |
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Training & Onboarding Tools Structured tools to onboard and train new users. |
Automated onboarding and user assistance is proposed as part of digitization value. | |
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Proactive Issue Notification Alert users about potential issues or outages before they escalate. |
No information available | |
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Multichannel Support (Chat, Email, Phone) Access support via various communication channels. |
Support via email and phone, at minimum; chat functionality not independently verified. |
Pricing & Commercial Flexibility
(1 Yes /1 Known /10 Possible features)
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Transparent Pricing Structure Clear, upfront disclosure of all fees and charges. |
No information available | |
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Pay-As-You-Go Option Flexible payment options based on usage or volume. |
No information available | |
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Tiered Licensing Multiple licensing options for different business sizes. |
No information available | |
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Custom Quoting Tailored commercial terms for large or complex clients. |
No information available | |
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No Hidden Fees Assurance of no undisclosed or unexpected charges. |
No information available | |
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Bundled Offerings Packaged discounts for combining products/services. |
No information available | |
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Free Trial/Proof of Concept Available free demo or trial period. |
Free demo and PoC are explicitly offered for new banks and corporate clients. | |
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Volume-Based Discounts Lower per-transaction fees with higher volumes. |
No information available | |
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Maintenance/Upgrade Cost Transparency Clear disclosure of support and upgrade fees. |
No information available | |
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Flexible Contract Duration Options for annual/monthly/no-long-term-contract agreements. |
No information available |
Core Functionality
(0 Yes /0 Known /10 Possible features)
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Letter of Credit (LC) Management Ability to issue, amend, advise, confirm, negotiate, and settle LCs (Import & Export). |
. | No information available |
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Guarantees and Standby LCs Support for issuing and managing various types of guarantees (bid bond, performance bond, etc.) and standby LCs. |
. | No information available |
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Documentary Collections Handling import and export documentary collections (DA & DP). |
. | No information available |
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Trade Loans and Financing Facilitating pre-export finance, post-import finance, and other trade-related lending products. |
. | No information available |
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Invoice Discounting/Factoring Functionality for discounting invoices and providing factoring services. |
. | No information available |
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Supply Chain Finance Support for SCF programs, including reverse factoring and dynamic discounting. |
. | No information available |
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Compliance Checks Automated compliance checks (sanctions, KYC, AML) integrated into the workflow. |
. | No information available |
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SWIFT Integration Seamless integration with SWIFT network for secure and efficient communication. |
. | No information available |
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Document Management Secure storage and retrieval of trade-related documents (invoices, bills of lading, etc.). |
. | No information available |
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Workflow Automation Automated workflows for processing transactions, approvals, and notifications. |
. | No information available |
User Interface and Experience
(0 Yes /0 Known /5 Possible features)
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Intuitive Interface User-friendly interface for all user roles (bank staff, corporate clients). |
. | No information available |
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Customizable Dashboards Dashboards that can be customized to display relevant information. |
. | No information available |
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Mobile Accessibility Access to the platform via mobile devices (tablets, smartphones). |
. | No information available |
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Multilingual Support Support for multiple languages. |
. | No information available |
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Accessibility Compliance Compliance with accessibility standards (WCAG) for users with disabilities. |
. | No information available |
Integration Capabilities
(0 Yes /0 Known /5 Possible features)
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Core Banking System Integration Integration with the bank's core banking system for data synchronization. |
. | No information available |
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ERP Integration Integration with corporate ERP systems for seamless data exchange. |
. | No information available |
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Payment Gateway Integration Integration with payment gateways for facilitating payments. |
. | No information available |
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KYC/AML Platform Integration Integration with KYC and AML platforms for compliance checks. |
. | No information available |
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API Availability Availability of APIs for custom integrations. |
. | No information available |
Reporting and Analytics
(0 Yes /0 Known /5 Possible features)
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Customizable Reporting Ability to create custom reports based on specific criteria. |
. | No information available |
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Real-time Data Analytics Real-time analytics dashboards for monitoring trade finance activities. |
. | No information available |
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Risk Management Reporting Reports for monitoring and managing trade finance risks. |
. | No information available |
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Regulatory Reporting Reports for complying with regulatory requirements. |
. | No information available |
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Data Export Ability to export data in various formats (CSV, Excel, PDF). |
. | No information available |
Security
(0 Yes /0 Known /6 Possible features)
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Data Encryption Encryption of data at rest and in transit. |
. | No information available |
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Access Control Role-based access control to restrict access to sensitive data. |
. | No information available |
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Audit Trail Comprehensive audit trail of all user activities. |
. | No information available |
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Two-Factor Authentication Two-factor authentication for enhanced security. |
. | No information available |
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Regular Security Audits Regular security audits to identify and address vulnerabilities. |
. | No information available |
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Fraud Detection Automated fraud detection mechanisms. |
. | No information available |
Scalability and Performance
(0 Yes /0 Known /5 Possible features)
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Scalable Architecture Architecture designed to handle increasing transaction volumes. |
. | No information available |
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High Availability High availability to ensure minimal downtime. |
. | No information available |
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Performance Monitoring Tools for monitoring platform performance. |
. | No information available |
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Transaction Processing Speed The speed at which the platform processes trade finance transactions. |
. | No information available |
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Maximum Concurrent Users The maximum number of concurrent users the platform can support. |
. | No information available |
Compliance and Regulatory Support
(0 Yes /0 Known /5 Possible features)
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Sanctions Screening Automated sanctions screening against global watchlists. |
. | No information available |
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KYC/AML Compliance Support for KYC and AML compliance requirements. |
. | No information available |
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Trade Finance Regulations Compliance Compliance with trade finance regulations (e.g., UCP 600, Incoterms). |
. | No information available |
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Regulatory Updates Regular updates to reflect changes in regulations. |
. | No information available |
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eUCP Compliance Compliance with electronic presentation standards. |
. | No information available |
Pricing and Cost
(0 Yes /0 Known /5 Possible features)
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Licensing Model Type of licensing model (e.g., perpetual, subscription). |
. | No information available |
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Implementation Cost Cost of implementing the platform. |
. | No information available |
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Maintenance Cost Annual maintenance cost. |
. | No information available |
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Transaction Fees Fees charged per transaction. |
. | No information available |
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Total Cost of Ownership (TCO) Estimated TCO over a specific period (e.g., 5 years). |
. | No information available |
Vendor Support and Training
(0 Yes /0 Known /5 Possible features)
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Implementation Support Vendor assistance with platform implementation. |
. | No information available |
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Training Programs Availability of training programs for bank staff and corporate clients. |
. | No information available |
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Technical Support Ongoing technical support. |
. | No information available |
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Service Level Agreements (SLAs) SLAs for uptime and response times. |
. | No information available |
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Dedicated Account Manager Assignment of a dedicated account manager. |
. | No information available |
Corporate Client Portal
(0 Yes /0 Known /5 Possible features)
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Online LC Application Ability for corporate clients to apply for LCs online. |
. | No information available |
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Document Submission Online document submission and tracking. |
. | No information available |
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Real-time Status Updates Real-time status updates on trade finance transactions. |
. | No information available |
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Secure Communication Secure communication channels for exchanging information with the bank. |
. | No information available |
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Reporting and Analytics (Client View) Customized reporting and analytics for corporate clients. |
. | No information available |
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