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Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

The product has been meticulously crafted with Shariah Banking principles in mind, rather than being an offshoot of traditional interest-based solutions. It boasts over 12 years of maturity, validated through extensive field testing. This comprehensive offering includes modules for CORE banking, Investment management, Finance, Trade Finance, Customer Information File (CIF), Limit & Sanction Management, Collateral Management, Teller services, Internet banking, Management Information Systems (MIS), and more. The team behind this innovation possesses profound domain expertise, with approximately 200 person-years dedicated to its development. A diverse group of professionals, including bankers, Shariah Scholars, analysts, technical leads, and software engineers, contributed to this collaborative effort. The system is designed to be modular and resilient, making it adaptable for international markets. It provides flexible support for various delivery channels and necessary interfacing options, ensuring versatility in implementation. Additionally, its underlying technology platform is robust, utilizing .NET C# and Oracle RDBMS, which are highly regarded in the financial sector for their reliability and performance. This combination of factors makes the solution not only functional but also one that is primed for future growth and adaptability.

Description

The landscape of international trade is evolving rapidly each day. Financial institutions are placing greater emphasis on expanding their trade finance capabilities and enhancing their involvement in the financial supply chain. Traditional manual processes can obstruct efficient operations and introduce potential compliance and control risks. Furthermore, in a heavily paper-dependent context, stringent banking regulations require ongoing manual oversight and intervention at various points in the process. Datamatics has developed a Trade Finance Solution that acts as a catalyst for business growth, which can be deployed both on-cloud and on-premises. This innovative solution automates every aspect of the trade lifecycle and integrates smoothly with the client's existing trade finance and banking systems. Utilizing IBM Cloud Pak for Business Automation (CP4BA), Datamatics' Trade Finance Solution incorporates advanced technologies, including Intelligent Data Capture (IDP), Artificial Intelligence/Machine Learning (AI/ML), and Robotic Process Automation (RPA), to enhance efficiency and accuracy in trade finance operations. By leveraging these technologies, organizations can significantly streamline their processes and reduce the risks associated with manual interventions.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

IBM Cloud Pak for Data

Integrations

IBM Cloud Pak for Data

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Millennium Information Solution

Founded

1996

Country

Bangladesh

Website

www.mislbd.com

Vendor Details

Company Name

Datamatics

Founded

1975

Country

India

Website

www.datamatics.com/solution/trade-finance

Product Features

Banking

ATM Management
Compliance Tracking
Corporate Banking
Credit Card Management
Credit Union
Investment Banking
Multi-Branch
Online Banking
Private Banking
Retail Banking
Risk Management
Securities Management
Transaction Monitoring

Product Features

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