SIMBA Logo

Processing
Automation In






Download   Presentation Request Demo


trade finance on blockchain
trade finance automation - SIMBA

Trade Finance Automation


AI-Powered Trade Document Check Automation Solutions


By increased efficiency in operations and strengthened operational control, SIMBA is expected to improve the Customer Experience in Trade Finance Document processing. The platform is equipped with a robust engine that provides significant automation of document checking and validation, compliance and AML checking from paper documents. It Validates consistency of data between documents and verifies extracted data against several universally accepted LC terms.


The solution helps financial institutions in converting non-digitized International Trade documents into machine-readable format through Optical Character Recognition (OCR), which also identifies and classify trade document types.


SIMBA: SimplyFI Bank Automation


Blockchain Trade Finance Platform


The product SIMBA, can be seamlessly integrated to bank’s ERP systems, enabling them to streamline
their trade documents flow between SIMBA and their existing apps. This automated solution improves effectiveness and efficiency
of handling the trade operations and, which will in turn benefit the customers of the bank in faster release of their trade documents reducing the wait time.


intelligent trade finance automation
Automated
compliance check and validation

Manage required compliance
checks and data validation through a single solution.

SimplyFI Softech India Pvt Ltd
Extract
and auto classify trade documents

Market statics
growth & advance analysis.

Trade Finance Document Automation


Automated Trade Finance platform SIMBA does the job of a banker
by scrutinizing all the trade documents instantly and automatically on one click against a letter
of credit considering all the check points guided by ISBP 745, UCP 600 articles and any other applicable publications.



automating trade document classification

Rapid Classification

Accelerating Trade Finance Documents classification makes bank sufficiency checks to expedite.

trade finance automation using machine learning

Machine Learning

Machine Learning enables the solution to adapt to the context of a specific business environment.

cross document validation in trade finance

Document Screening

Automated Document pre-sanction screening reduces risk and improves compliance.

trade document scanning using OCR

Cross Document Validation

Our AI engine checks for duplications and errors in the trade documentation that can slow or reject the processing of transactions.

optimizing and automating trade finance

Optimized Process

Optimized Trade Finance processes increases transaction capacity and improves performance.

automating trade finance adhering to various ISBP publications

Adherence to ISBP Publications

Our AI engine adheres to UCP 600, URC 522 and URR 725 uniform rules.

Trade Finance Process Automation


Processing automation in trade finance enables banks to undertake the highly sensitive and
confidential document scrutiny faster thereby reducing the errors committed by bank users in the manual
course of scrutiny. The product also facilitates customers of the bank to apply and submit the L/C application form
digitally online though their corporate Internet banking allowing them to streamline their day to day processing of transactions.




01.Scan/upload documents
02. Primary document
03. Completion of the scrutiny process
04. Revised documents scrutiny
05. Sent to the checker
06. Validation of the overall report
07. Revalidation
08. Completes the transaction

Streamline Trade Finance with SIMBA

Digital Platform Automating
Entire International Trade Document Scrutiny.


Request Demo


Product   Presentation