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Trade Finance

By SmartStream

SmartStream TLM Trade Finance is a platform agnostic solution helping banks to react to evolving customer needs.

As customer service becomes an increasingly important differentiator, trade finance operations are under pressure to improve service levels and to handle a growing range of products. Banks that rely on heavily manual and paper-based processes risk losing business to more agile competitors.

SmartStream TLM Trade Finance is a platform agnostic solution that enables banks to react efficiently to evolving customer needs. It delivers:

  • Lower operational costs by automating traditionally manual, paper-based trade finance activities with workflow-based processes, electronic forms and documentation
  • Reduced operational risk through automated data entry, significantly improving documentation quality
  • Improved customer service by creating consistent and timely electronic documentation that enables staff to focus on building client relationships
  • Scalability that enables banks to process higher transaction volumes without increasing their headcount
  • Higher STP levels for letters of credit, collections and guarantee transactions, and related financing
  • Stronger relationships with corporate customers by allowing them to be included in the end-to-end automation of documentation through TLM TradeConnect.