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features
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support

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Description

Providers of trade finance solutions are continually adapting, much like the technology that underpins international commerce. The COVID-19 pandemic has delivered a significant blow to the global economy. As businesses begin to recover, the landscape will change, particularly in how risks are perceived and managed between trading partners across borders. Trade finance plays a critical role in facilitating international trade, necessitating that enterprise software evolves to meet the challenges of an unpredictable environment. Utilizing the Aite Matrix, a proprietary vendor assessment tool from the Aite Group, this impact report analyzes the competitive positioning of five specific vendors, concentrating on aspects such as vendor stability, client strength, product offerings, and customer service. The vendors examined in this report include CGI, Finastra, Infor, Intellect Design, and Surecomp. Spanning 52 pages, this impact report features 12 figures and 11 tables, providing a comprehensive overview. Aite Group clients involved in wholesale banking and payments can access this report along with the relevant charts and the executive impact deck for deeper insights. In light of evolving market dynamics, the findings of this report are particularly timely and relevant.

Description

Oracle Banking Trade Finance provides a holistic solution for efficiently managing trade finance operations in a streamlined manner. This solution encompasses comprehensive end-to-end functionalities for a variety of trade financing products, including documentary credits, guarantees, and documentary collections. It centralizes the processing of these diverse trade finance instruments, ensuring a cohesive approach to handling transactions. Fully compliant with UCP 600, ISP98, and URDG 758, it incorporates automated workflows that facilitate auto accounting, settlement, messaging, taxation, brokerage, interest, charges, and commissions, resulting in standardized processing. Additionally, it allows for a smooth transition between different channels and offers a customizable user interface, supported by extensive open APIs that enhance flexibility and integration. This adaptability is crucial for businesses looking to optimize their trade finance operations effectively.

API Access

Has API No 

API Access

Has API Yes 

Screenshots View All

Screenshots View All

Integrations

RadiantOne No 
WinBill No 

Integrations

RadiantOne Yes 
WinBill Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) No 
In Person Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

Aite Novarica

Country

United States

Website

aite-novarica.com/report/aite-matrix-trade-finance-software

Vendor Details

Company Name

Oracle

Founded

1979

Country

United States

Website

www.oracle.com/industries/financial-services/banking/trade-finance/

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Product Features

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