How can collaboration improve your trade workflows?
Finastra and Contour: The Trade Network Connector - Solution Demo
Contour solves Letter of Credit digitization through one connected platform
Manage the entire end-to-end process in a collaborative workflow, providing buyers and sellers with immediate access and real-time visibility of the transaction. Link internal bank workflows to external client communications through a smooth and secure decentralized network.
Instant communication
Connect directly with your bank’s current installation of Finastra Trade Innovation and communicate intuitively with banks and corporates on Countour’s network
Enhanced customer offering
Enhance your customer service levels by providing an innovative and digital solution with improved response times.
Seamless integration
Integrate data seamlessly from external trading parties into your back-office system, shortening the processing time of data re-entry.
De-risk process
Reduces operations risks with a fully integrated solution that doesn’t requires third party portals with separate controls and data.
Cost saving
Instantly visualize the status of letters of credit allowing you to streamline efficiency, free-up cash flow and generate enhanced business decisions.
Fast & efficient
Reduce Letter of Credit presentation time by up to 90%, digitize end-to-end electronic bills of lading processes between providers and reduce transaction times as you increase efficiency
Working sustainably
Support your green and sustainability agenda by becoming a paperless, digital process-driven lender. This reduces the need for physical transportation of documents, decreasing your carbon footprint
Contour: Offer an enhanced digital trade finance network
Migrate from paper documents and unsecure communications, a more effective and automated digital trading offering.
- Fast & efficient, providing better transparency for clients.
- Private & secure, using the latest blockchain technologies.
- A single platform to manage all your communications.
What benefits does the Trade Network Connector provide to banks?
Through a shared digital network environment, the Trade Network Connector links banks, and businesses globally, enhancing access to working capital financing while facilitating fast and secure transactions.
Moving toward a more effective and automated digital trading offering
Solutions
Finastra Trade webinar: Achieving ESG goals through digitalization and AI
Build the future
Trade Network Connector - Contour
Connecting banks to Contour's international network of financial institutions and businesses, expanding trade financing accessibility.
TradeAI
Save time and reduce risk by automating the examination of your documents under a Letter of Credit.
Trace:Original
Digitize and manage negotiable instruments and documents of title without the need for a central registry.
Find out more about the Trade Network Connector