Fintech
Finastra Integrates CredAble to Enhance Supply Chain Financing Capabilities
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Global Financial Software Provider Window has partnered with CredAble, a working capital financing platform, to enhance its Business Innovation Platform with a comprehensive offering of supply chain financing.
This collaboration aims to provide banks with an integrated solution that supports revenue growth, business expansion and improved customer satisfaction by offering a broader range of financial services.
Trade Innovation, Finastra’s trade services platform, leverages digitalization and data analytics to facilitate intelligent trade.
By integrating CredAble’s working capital financing capabilities, the platform now offers an end-to-end solution for both large enterprises and small and medium-sized businesses.
“By combining our AI-powered supply chain finance platform with Finastra’s leading trade finance solution and global reach, we are bringing a holistic end-to-end trade and supply chain finance offering to more banks around the world.
This allows them to expand and improve their operations to facilitate business growth, while ensuring that the services they offer continue to meet the needs of today’s businesses.”
said Satyam Agrawal, Global Head of Product and Retail Lending, MD ASEAN and ME at CredAble.
“By expanding the functionality of Trade Innovation with CredAble’s feature-rich supply chain financing offering, we are providing our current and future clients with access to a broader range of services that enable them to meet the growing needs of their customers.
The partnership ensures that institutions can continue to innovate rapidly, reduce time to value, and use data to inform decision making across their entire working capital and supply chain finance portfolio, ultimately supporting greater growth for both their business and that of their clients.”
said Anastasia McAlpine, head of product management for trade and supply chain finance at Finastra.
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