A trade finance platform replaces paper-heavy processes for letters of credit, guarantees and collections with digital workflows that banks and their corporate clients share. Finoserv designs, builds, integrates and runs that technology. Instruments are issued, confirmed and paid by licensed banks, and foreign exchange is dealt by authorized institutions. The platform supports their work, and the credit and compliance decisions remain theirs.
Letter of credit services and bank guarantees
Corporate clients apply for a letter of credit or bank guarantee through a portal, using templates that cut down on rework. The bank's trade operations team reviews, approves and issues through the platform, which generates the Swift messages and tracks amendments, document presentations and expiry dates. Document checking queues show each discrepancy next to its source, so checkers and clients can resolve it in one exchange.
Correspondent banking setup
Banks entering new corridors need correspondent relationships. We prepare the technology side: Swift connectivity through the bank's service bureau or a direct link, message formats including ISO 20022, nostro reconciliation, and the due diligence data packs correspondents ask for. The relationship itself is agreed between the banks.
Forex software
Branches and treasury teams need rates they can rely on. We build rate management with margins by customer segment, deal capture, limits and confirmations, connected to the bank's treasury system and core. Corporate clients can book spot or forward deals in the portal where the bank offers them, and every deal is booked on the bank's own systems.
Education remittance and student fee payment abroad
Families paying tuition abroad want to know the fee will arrive in full and on time. We build education remittance flows with institution verification, document capture for the payment purpose, and tracking through to the receiving university. Payments are made by the licensed bank or a licensed remittance partner. Banks that want a wider consumer offer can extend the same rails with our remittance software.
How the build runs
Discover takes two to four weeks and maps current trade operations, message flows and core integrations. It ends in a fixed quote. Trade products are often released in stages, starting with the instruments that carry the most manual work today, and our design and engineering team builds the corporate portal alongside the back office. After go-live, our managed operations team can support reconciliation and reporting while trade decisions stay with the bank.