Global trade is a transaction-based banking business to support and manage the risk associated with the trade that corporations do between each other.
Global trade is critical to the world’s economic health and banks must provide trade processing and financing to attract, retain and support the business needs of corporate clients.
Banks are re-focusing their business on transaction banking and trade is a key transactional banking business. ACI has a long and successful history of providing transactional solutions to banks globally.
Global Trade Manager
An end-to-end system that processes all transaction types, both traditional trade and open account transactions regardless if they are for the domestic or international markets.
Corporate clients of the bank can access, enter and track their entire trade portfolio of traditional trade and open account transactions through the Client Access module for both domestic and international transactions. The Traditional Trade module processes transactions such as letters of credit and collections while open account transactions are routed by the Open Account module’s workflows and queues making them available for Supply Chain Financing at the bank’s option. Together they form a full trade solution that addresses every transaction type within the corporate portfolio.
Global Trade Manager is constructed to enable the deployment of a combination of all or any one of the modules of the product to best address the bank’s requirements.