Finastra Partners With Integro Technologies for Frictionless Trade Finance
(23 February 2023 – Global) Finastra has partnered with Integro Technologies to offer Integro’s SmartLender Trade Limits solution alongside its own Trade Innovation solution.
Integro Technologies is a subsidiary of Aurionpro, the provider of high-end lending platforms.
Banks now have the ability to combine Integro’s SmartLender solution’s advanced exposure risk capabilities with Finastra’s Trade Innovation solution’s front-to-back capabilities for frictionless trade and supply chain finance.
SmartLender Trade Limits is a comprehensive digital trade limits system that enables exposure risk management at every stage of the trade finance process.
The Trade Innovation solution provides open connectivity to networks, the creation and management of digital original documents, as well as the automation of compliance and document checking tasks using AI and machine learning.
“With SmartLender Trade Limits and Trade Innovation in a single offering, not only will banks be able to reap the benefits of end-to-end digitalisation, but they will also gain the ability to manage exposure risk throughout the trade finance process. We are excited to offer this new capability to our customers and look forward to future success with Integro,” said Finastra Vice President, Trade & Supply Chain Finance, Iain MacLennan.
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