Finastra’s Trade Innovation and Integro’s SmartLender Trade Limits solutions to be available globally through a single offering
IN BRIEF:
- Finastra today announced a partnership with Integro Technologies to offer Integro’s SmartLender Trade Limits solution alongside its own Trade Innovation solution
- Integro’s SmartLender has been successfully helping banks in Asia and the Middle East manage risk in trade finance for over 20 years
- With Finastra’s global reach, banks around the world will be now able to combine SmartLender’s advanced exposure risk capabilities with Trade Innovation’s front-to-back capabilities for frictionless trade and supply chain finance
What does this mean?
“Banks are operating in an era of unprecedented uncertainty and are having to manage risk on a global scale. Digitalization is the only way to effectively manage such uncertainty to bring a true understanding of risk,” said Iain MacLennan, Vice President, Trade & Supply Chain Finance, Finastra. “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 digitalization, 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.”
