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CargoX Platform from CargoX
The CargoX platform offers a blockchain-based solution for document transfer in trade finance, smart contracts for automated processing, secure storage, and real-time tracking of trade documents.
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
(7 Yes /8 Known /10 Possible features)
|
Multi-Language Support Provides interfaces in various languages for global clients. |
Not as far as we are aware.* No information suggesting multilingual interfaces are available; platform operates mainly in English. | |
|
Mobile Accessibility Platform accessible via mobile devices and apps. |
Platform is web-based and can be accessed via mobile device browsers; dedicated app presence not confirmed but full functionality is mobile accessible. | |
|
Customizable Dashboards Users can personalize dashboards to display relevant trade and finance information. |
No information available | |
|
Role-Based Access Control Access and functionality tailored to different user roles. |
User roles and permission management confirmed in official documentation. | |
|
Single Sign-On (SSO) Allows access using corporate authentication for convenience and security. |
No information available | |
|
Advanced Search & Filtering Search and filter transactions, documents, and communications easily. |
Document and transaction search and filter functions are a core part of the solution. | |
|
Bulk Uploads Upload multiple documents or data entries in one operation. |
Supports bulk uploads of documents as part of the document onboarding processes. | |
|
Notification & Alert Systems Automated alerts for key events or deadlines via email, SMS, or in-app. |
Users receive alerts for document status changes and transaction milestones. | |
|
Document Preview Preview documents directly within the platform. |
Documents can be previewed securely before transfer or endorsement. | |
|
Responsive Design Adapts interface seamlessly for all device screen sizes. |
Web UI responsive for desktop and mobile devices. |
Product Coverage
(0 Yes /0 Known /10 Possible features)
|
Letters of Credit (LC) Supports issuance, amendment, advising, confirmation, and settlement of LCs. |
No information available | |
|
Guarantees & Standby LCs Handles bank guarantees and standby letters of credit. |
No information available | |
|
Documentary Collections Manages import and export documentary collections (D/P, D/A). |
No information available | |
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Supply Chain Finance Supports pre- and post-shipment finance, payables, and receivables financing. |
No information available | |
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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 | |
|
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 | |
|
FX & Hedging Integration Allows hedging currency risks linked to trade transactions. |
No information available | |
|
Insurance Integration Integrated trade credit or cargo insurance options. |
No information available |
Process Automation & Workflow
(5 Yes /5 Known /10 Possible features)
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Automated Workflow Management Digitizes end-to-end processes with pre-set workflows. |
Smart contracts on blockchain automate document transfer workflows end-to-end. | |
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Configurable Approval Rules Route transactions for multiple approvals based on configurable criteria. |
No information available | |
|
Digital Document Generation Auto-generates standard documents (e.g., LCs, guarantees). |
Platform auto-generates digital bills of lading and related trade documents. | |
|
Data Validation & Error Checks Automatically validates input data and flags inconsistencies. |
No information available | |
|
Electronic Signature Integration Supports digital/electronic signature of documents. |
Supports digital signing and transfer of documents on-chain. | |
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Task Assignment & Tracking Assigns and tracks tasks for all workflow steps. |
No information available | |
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Document Version Control Tracks changes and versions of all key documents. |
Blockchain ledger ensures versioning and tracking of document changes. | |
|
Parallel Processing Supports simultaneous processing of multiple cases. |
Simultaneous document uploads and transactions can be processed. | |
|
Transaction Templates Reusable templates for frequent or repeat transactions. |
No information available | |
|
Workflow Reassignment Capability Allows dynamic reassignment in case of absence or escalation. |
No information available |
Integration & Interoperability
(7 Yes /7 Known /10 Possible features)
|
API Availability Provides comprehensive APIs for integration with core banking, ERP, etc. |
APIs and webhooks available for integration with ERP and back-office systems. | |
|
SWIFT Connectivity Full support for SWIFT messaging (FIN, FileAct, APIs). |
No information available | |
|
Third-Party Data Feeds Integration with trade registries, sanction screening, KYC, etc. |
Integration available for KYC and sanction screening, per API documentation. | |
|
ERP System Integration Pre-built connectors for major ERP providers (SAP, Oracle, etc.). |
ERP integration supported through API and custom connectors. | |
|
Cloud Hosting/Deployment Options Supports on-premises, public cloud, or hybrid deployments. |
Offers both cloud-based and on-premises deployment. | |
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Blockchain/DLT Readiness Option to connect with DLT-powered trade networks. |
Platform is specifically marketed as blockchain/DLT-powered. | |
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EDI/CSV File Support Supports standardized file imports/exports. |
Supports document imports/exports in standard formats (CSV, EDI, PDF). | |
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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. |
Multiple bank partners supported via single platform; multi-bank access in documentation. |
Security & Compliance
(5 Yes /5 Known /10 Possible features)
|
End-to-End Encryption Encrypts data at rest and in transit. |
Encryption at rest and in-transit via blockchain backbone. | |
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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. |
No information available | |
|
User Access Logging Logs all user activity for auditability. |
Blockchain ensures thorough user access and transaction auditability. | |
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GDPR/Data Privacy Compliance Compliant with international data privacy regulations. |
Product is GDPR compliant according to website legal/privacy information. | |
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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. |
Sensitive data visibility managed via role controls and cryptography. | |
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Regulatory Reporting Automated reporting to regulatory authorities. |
No information available | |
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SLA/DR (Disaster Recovery) Capability Clearly defined SLAs and robust disaster recovery processes. |
Platform is hosted on cloud infrastructure with DR/backup procedures detailed in technical documents. |
Risk Management
(3 Yes /3 Known /10 Possible features)
|
Counterparty Risk Assessment Automated risk analysis on trading partners. |
No information available | |
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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. |
Sanction screening available through integration partners/APIs. | |
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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. |
No information available | |
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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. |
System can note which documents have insurance or collateral; metadata fields supported. | |
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KYC/AML Automated Checks Performs Know Your Customer/Anti-Money Laundering verification automatically. |
Integration with KYC/AML service providers via API and documentation. |
Reporting & Analytics
(1 Yes /1 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. |
No information available | |
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Export to CSV/PDF/Excel Reports can be exported in various formats. |
Documents and reports can be exported to CSV and PDF as per platform documentation. | |
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Scheduled Report Distribution Automated scheduling for report delivery. |
No information available | |
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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. |
No information available | |
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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)
|
Concurrent User Capacity Maximum number of users the system supports simultaneously. |
No information available | |
|
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. |
Service is inherently scalable, performance is maintained through decentralized blockchain infrastructure. | |
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Batch Processing Capability Supports high-volume batch trade operations. |
Supports mass document distribution and upload. | |
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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 | |
|
High Availability Architecture Designed for resilience and redundancy. |
Decentralized service means platform is highly available; node redundancy applies. | |
|
Disaster Recovery RPO/RTO Measurable recovery time and point objectives. |
No information available |
Collaboration & Communication
(6 Yes /6 Known /10 Possible features)
|
In-Platform Messaging Secure chat or email systems between parties. |
Internal and external counterparties can communicate via secure messaging related to deals. | |
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Audit Trail of Communications Logs all correspondence related to a transaction. |
All document and transaction actions are logged and available for audit. | |
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Commenting on Documents Share contextual feedback directly on trade documents. |
Allows commenting and feedback on shared documents during workflows. | |
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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. |
Limited guest/external access for logistics partners and banks per product documentation. | |
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Document Request Workflows Structured requests for new or missing documentation. |
No information available | |
|
Status Tracking & Updates Real-time view of transaction status for all stakeholders. |
Full status tracking is available in real time for all document transactions. | |
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File Sharing Securely share files with internal and external parties. |
Files can be securely shared with authorized users. | |
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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. |
No information available | |
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Knowledge Base/Help Center Comprehensive online help and self-service resources. |
Extensive help documentation and knowledge base available for users. | |
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In-App Guidance Walkthroughs, tooltips, and step-by-step guidance in-platform. |
Guided onboarding and tooltips are available in the web interface. | |
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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. |
Provides onboarding and training documentation, both on-demand and live. | |
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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 is accessible via email and chat; phone options not confirmed. |
Pricing & Commercial Flexibility
(4 Yes /4 Known /10 Possible features)
|
Transparent Pricing Structure Clear, upfront disclosure of all fees and charges. |
Pricing is published and transparent on the website, no hidden fees stated. | |
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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. |
Platform specifically advertises no hidden fees in its pricing documentation. | |
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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. |
Trial period/demo available on request. | |
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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. |
Maintenance and upgrade pricing are available up front in the agreement and website. | |
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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)
|
Letter of Credit (LC) Management Ability to issue, amend, advise, confirm, negotiate, and settle LCs (Import & Export). |
. | No information available |
|
Guarantees and Standby LCs Support for issuing and managing various types of guarantees (bid bond, performance bond, etc.) and standby LCs. |
. | No information available |
|
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)
|
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)
|
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)
|
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)
|
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)
|
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)
|
Sanctions Screening Automated sanctions screening against global watchlists. |
. | No information available |
|
KYC/AML Compliance Support for KYC and AML compliance requirements. |
. | No information available |
|
Trade Finance Regulations Compliance Compliance with trade finance regulations (e.g., UCP 600, Incoterms). |
. | No information available |
|
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)
|
Licensing Model Type of licensing model (e.g., perpetual, subscription). |
. | No information available |
|
Implementation Cost Cost of implementing the platform. |
. | No information available |
|
Maintenance Cost Annual maintenance cost. |
. | No information available |
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Transaction Fees Fees charged per transaction. |
. | No information available |
|
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)
|
Implementation Support Vendor assistance with platform implementation. |
. | No information available |
|
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)
|
Online LC Application Ability for corporate clients to apply for LCs online. |
. | No information available |
|
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 |
|
Secure Communication Secure communication channels for exchanging information with the bank. |
. | No information available |
|
Reporting and Analytics (Client View) Customized reporting and analytics for corporate clients. |
. | No information available |
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