{"id":86713,"date":"2024-07-23T14:47:18","date_gmt":"2024-07-23T14:47:18","guid":{"rendered":"https:\/\/ainalalam.com\/?p=86713"},"modified":"2024-07-23T14:47:18","modified_gmt":"2024-07-23T14:47:18","slug":"finastra-partners-with-credable-to-deliver-a-holistic-supply-chain-finance-offering-to-banks-globally","status":"publish","type":"post","link":"https:\/\/ainalalam.com\/?p=86713","title":{"rendered":"Finastra partners with CredAble to deliver a holistic supply chain finance offering to banks globally"},"content":{"rendered":"[mhc_section admin_label=”\u0642\u0633\u0645” fullwidth=”on” specialty=”off”][mhc_fullwidth_menu admin_label=”\u0642\u0627\u0626\u0645\u0629 \u0628\u0639\u0631\u0636 \u0643\u0627\u0645\u0644” menu_id=”56″ background_color=”#ffffff” background_layout=”light” text_orientation=”center” submenu_direction=”downwards” fullwidth_menu=”off”] [\/mhc_fullwidth_menu][\/mhc_section][mhc_section admin_label=”section” transparent_background=”off” gradient_background=”off” 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Finastra Trade Innovation, integrated with CredAble\u2019s supply chain finance platform, enables banks to grow their trade and supply chain finance business and deliver enhanced customer experiences<\/p>\n

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Ain Alalam – Rashad Iskandrni<\/p>\n

July 23, 2024 \u2013 <\/strong>Finastra<\/a>, a global provider of financial software applications and marketplaces, today announced its partnership with CredAble<\/a>, a working capital finance platform, to expand the functionality of Finastra Trade Innovation. CredAble\u2019s feature-rich platform is now integrated with the solution, providing new and existing customers with a comprehensive supply chain finance offering. As a result, banks can accelerate their revenue growth, expand their business and increase customer satisfaction by offering corporates a wider range of financial services within a single platform.<\/p>\n

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\u201cIn today\u2019s tough economic climate, it is more important than ever that corporates optimize their working capital and maintain real-time liquidity for long-term growth,\u201d said Satyam Agrawal, Global Head of Product & Retail Business Lending, MD ASEAN & ME at CredAble. \u201cBy combining our AI-powered supply chain finance platform with Finastra\u2019s leading trade finance solution and global reach, we are delivering a holistic, front-to-back trade and supply chain finance offering to more banks worldwide. This enables them to broaden and enhance their operations to facilitate business growth, while ensuring the services they offer continue to meet the demands of corporates today.\u201d<\/p>\n

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Trade Innovation is a trade services platform that uses straight-through processing, digitalization and data analytics to enable intelligent trade for growth, and to evolve with compliance, customer and competitive demands. CredAble is a working capital platform that enables banks to provide extensive supply chain financing solutions, serve diverse enterprise and small and medium-sized (SME) businesses, and unlock lucrative revenue opportunities. The partnership combines best-of-breed functionality to provide an enhanced, end-to-end offering for trade and supply chain finance.<\/p>\n

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\u201cTo facilitate truly innovative, relevant and open trade finance services, our partner ecosystem plays an important role,\u201d said Anastasia McAlpine, Head of Product Management for Trade and Supply Chain Finance at Finastra. \u201cBy augmenting the functionality of Trade Innovation with CredAble\u2019s feature-rich supply chain finance offering, we are giving our current and future customers access to a wider array of services that allow them to meet the growing needs of their customers. The partnership ensures institutions can continue to innovate at speed, decrease time to value and utilize data for decision making across the whole of their working capital and supply chain finance portfolio, ultimately supporting increased growth for both their business and that of their customers. It\u2019s another example of how Finastra is harnessing the power of open finance and APIs to build powerful ecosystems that deliver additional value.\u201d<\/p>\n[\/mhc_text][\/mhc_column][\/mhc_row][\/mhc_section]\n","protected":false},"excerpt":{"rendered":"

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