Finastra, a global leader in financial services software, announced that BRAC Bank, one of Bangladesh’s leading private commercial banks, has gone live with Finastra’s Trade Innovation and Corporate Channels, and Conpend’s Trade AI solutions, creating a more connected trade finance environment for the bank and its corporate customers.
As trade volumes grow and customer expectations continue to evolve, BRAC Bank sought to modernize its trade finance operations, improve efficiency, and establish a scalable foundation for future growth. By replacing fragmented processes with an integrated digital platform, the bank is streamlining trade finance workflows – increasing straight-through processing and enhancing visibility across the trade finance lifecycle.
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The new platform provides BRAC Bank with an integrated foundation for modern trade finance operations – delivering benefits across efficiency, customer engagement, and long-term scalability.
“This implementation marks an important milestone in our trade finance transformation. By digitizing and streamlining trade operations, we are enhancing transparency, control and efficiency across the trade finance lifecycle, enabling us to serve our corporate clients with greater speed and reliability. This advanced trade solutions brings us closer to our ambition of becoming the most preferred trade bank in Bangladesh by consistently delivering superior value to our customers,” said Tareq Refat Ullah Khan, Managing Director & CEO at BRAC Bank PLC.
“As trade finance continues to play a vital role in supporting businesses and economic growth, banks are seeking technology that simplifies operations while delivering a better customer experience,” said Andrew Bateman, EVP for Lending at Finastra.
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