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    Surecomp TFaaS Solution Overview

    Uploaded by

    Srinivasan Venketraman

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    © All Rights Reserved
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    Surecomp TFaaS Solution Overview

    Uploaded by

    Srinivasan Venketraman
    13 views2 pages

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    Surecomp-TFaaS-Solution-Overview

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    13 views2 pages

    Surecomp TFaaS Solution Overview

    Uploaded by

    Srinivasan Venketraman

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    TFaaS Solution Overview

    Trade Finance-as-a-Service (TFaas)

    Driving growth and efficiency with cloud-based back-office trade finance processing deployed within 10 weeks.

    We partner with global, national and regional financial institutions in more than 80 countries across the world.
    As an industry-leading solution provider, we enable our clients to harness efficiency, foster collaboration and
    leverage enriched data insights for fraud prevention and improved trade finance productivity.

    Expanding our holistic Trade Finance-as-a-Service (TFaaS) offering, we can provide our market-leading back-office trade finance solution,
    DOKA-NG™, as a fully cloud-based SaaS service. Specifically designed to enable smaller and mid-sized banks to improve their trade finance
    processing efficiencies, this service improves customer service, facilities global trade and ultimately helps drive revenue.

    By automating the processing of Letters of Credit and Guarantees, banks who may not have previously had the resources available, can now
    benefit from a world class solution to digitalize their operations. Promoting improved business agility, even the smaller banks can now offer a
    faster, more streamlined service to their corporate customers.

    Easy to on-board, with little to no reliance on internal IT, the solution can be delivered without customization, within 10 weeks, for a subscription
    fee starting from $50k USD per year. It also adheres to the highest security, performance, data segregation, storage and messaging standards.

    While quick and easy to on-board, our TFaaS solution offer the ability to
    scale as transaction volumes grow and future needs evolve. It can be
    expanded to include the entire suite of trade finance features such as
    collections, loans, supply chain finance, syndications and more. In
    addition, we can extend connection to our open API fintech
    Marketplace, elevating your operation to a fully collaborative trade
    finance ecosystem.
    Surecomp is aligned with the International Chamber of
    Commerce’s (ICC) Trade Now initiative, which aims to
    empower small and medium-sized enterprises (SMEs) by
    helping them leverage digital tools to access trade finance
    products and unlock the liquidity needed to bridge the
    trade finance gap.

    © Surecomp. All rights reserved.


    TFaaS Solution Overview

    Key features

    Back-office trade finance management & processing automation

    Letters of credit

    Bank guarantees

    Bank connectivity (via SWIFT and email)

    Ability to scale up over time to include documentary collections, loans, front-office corporate-facing
    solution and access to our open API fintech partner Marketplace

    Key benefits

    Transition to the cloud with on-boarding in 10 weeks

    Maximize operational capabilities and increase volume handling

    Ensure future-proof compliance (e.g., SWIFT, ISO20022)

    Minimize friction in trade finance processing with no deployment risk

    Gain competitive advantage with monthly feature releases

    Optimize customer satisfaction with improved response times

    Reduce IT reliance and cost ownership by 30-50%

    © 2023 Surecomp. All rights reserved.

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