Nov.09.2022, Singapore ------ Finastra has today announced that NBP (National Bank of Pakistan) has implemented Finastra's Fusion Trade Innovation solution to power its trade finance operations. InfoTech (Pvt) Ltd., a leading systems integrator and Finastra's exclusive authorized and certified reseller in Pakistan, led the deal and implemented the solution, which will enable NBP to lower transaction costs and provide corporate customers with a superior user experience.
Finastra's end-to-end working capital solution, Fusion Trade Innovation, is the industry's leading booking engine. It includes capabilities for frictionless trade and supply chain finance, including buyer and seller loans, letters of credit, collections, guarantees, and government support for export credit and SME loans. Fusion Trade Innovation gives banks control with a development toolkit that enables them to deliver change themselves, all within a solution that is maintained by Finastra. This future-proofing feature provides a more predictable total cost of ownership and enables banks to maintain a clear upgrade path.
Finastra is a global provider of financial software applications and marketplaces, and launched
the leading open platform for innovation, FusionFabric.cloud, in 2017. It serves institutions of all sizes, providing award-winning software solutions and services across Lending, Payments, Treasury & Capital Markets and Universal Banking (Retail, Digital and Commercial Banking) for banks to support direct banking relationships and grow through indirect channels, such as embedded finance and Banking as a Service. Its pioneering approach and commitment to open finance and collaboration is why it is trusted by ~8,600 institutions, including 90 of the world's top 100 banks.
For more information, visit finastra.com
Established in 1995, InfoTech is a System Integrator and Software company with specialized focus on Financial & Capital Markets, GovTech (G2B & G2C Services), RegTech (Regulations, Compliances, Fraud Detection) and Connected Governments. Over 600 professionals remain busy serving our clients with end-to-end solutions through a network of 6 offices. InfoTech's products and services offer a blend of technology, domain expertise, and change consulting expertise to deliver results at rapid speed and low delivery risk. ISO 9001 and 27001 certifications along with CMMI Level 3 software development standards ensure world-class quality of product and solutions, and its global presence in multiple countries empowers InfoTech to develop strong delivery channels and post implementation support regionally.
For more information, connect with InfoTech at firstname.lastname@example.org or visit www.infotechgroup.com