Trade Finance Automation Software

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.

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

Solutions for Financial Institutions

Online Account Opening

Deliver a frictionless, personalized, and omnichannel...

Lending

Ensure scalability to cater to all loan types and...

Trade Finance

Improve compliance and efficiency by automating and...

Payments

Streamline your payment processes with new technologies to...

Compliance and Reporting

Comply with regulatory requirements to mitigate risk and...

Success Stories

Qander Consumer Finance leverages Newgen’s automation platform to transform and automate their banking processes, delivering credit offers to customers in under a minute.

Learn how Wilson Bank & Trust is leveraging Newgen’s Digital Transformation Platform for online account opening, business banking, and small business lending.

Bridgehampton National Bank - - Trade Finance

Nancy Foster, SVP and Credit Administrator, talks about using Newgen’s solutions to digitally transform BNB Bank’s banking processes for improved customer experience.

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