INFOTrade

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Modules
InfoTrade comprises various modules. All the modules are fully customizable and
personalizable by the end user. The modules are discussed below.
 
LETTER OF CREDIT
Supports processing of Letters of Credit and guarantees through the entire period of the
contract. Both Letters of Credit Issued and Advised by the bank are supported.
Applicable advices and conformations are generated automatically, including outputs in
SWIFT format which can be interfaced directly to and from the messaging system,
enabling Straight Through processing and other efficiencies for the bank
 
  IMPORTS
  The framework of the InfoTrade application allows the bank to setup the system to
process Imports related transactions in the following key areas:
 
  • Funded loans on Import of Merchandise
  • Trust Receipts
  • Shipping Guarantee
  • Presentation Memo
EXPORTS
The framework of the InfoTrade application allows the bank to setup the system to
process Exports transactions in the following key areas:
 
  • Pre shipment finance including
    Packing Credit
  • Collection Orders
  • Bill of Exchange
  • Letter of Indemnity
  • Finance of Bills of Exchange in the form
    of discounting is also managed by the
    system
CUSTOMER MANAGEMENT AND CONTROL
The Customer Information System captures & maintains relevant Customer as well as
Correspondent banks Information to provide a detailed profile of their relationship with
the bank. The systems consolidated transactions repository of all transactions provides up
to the minute reporting capabilities of the customers positions. Full Credit Control
facilities which allow for group and customer limits as well as control of limits based on
conditions and formulae make InfoTrade a complete system which controls the bank's
exposure on a regular basis.
 
REPORTS
A variety of reports can be generated and customized from the InfoTrade database.
These reports can be generated from a single or multiple data stores.
Besides printing registers and listing reports, the system also provides for complete Data
Warehouse which allows for any type of reporting on a regular or ad Hoc Basis. The Data
Warehouse allows for Income Analysis, Outstanding Analysis, Maturity Diaries,
Product/Customer/Currency Turnover and other statistics.
 
PARAMETERS
All the Modules within InfoTrade are highly customizable and hence allows extreme
flexibility to the end users. Some of the parameters that are set up within InfoTrade are:
 
  • Templates for All Transaction Types
  • Text Clauses
  • Trade and Insurance Terms
  • Charges and Fees Definition
  • Standard Documents Required
  • Rules of Validation / Fees Processing
   
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