Traydstream named Online Technology Provider of the Year

 

Trade Finance software firm Traydstream have been named ‘Online Technology Provider of the Year’ at the prestigious FStech Awards 2018. 

Now into their 18th year, the FStech Awards, hosted by FStech Magazine, showcase excellence and innovation within the UK and EMEA financial srevices sector. Celebrating the very best across a range of categories, the awards ceremony and gala dinner were hosted by the brilliant comic Lucy Porter on 22nd March at the famous London Mariott Hotel, Grosvenor Square.

Traydstream had also been nominated for the ‘Financial Sector Innovation of the Year’ category, but were pipped to the post by TSB Bank.

You can view all other category winners here.

Collecting the award on the night, Traydstream CEO Sameer Sehgal gave this comment on their success: “We are delighted with this continued recognition of Traydstream’s capabilities. It is a unique product that is transforming the trade finance landscape for the better, offering clients more accurate and efficient document processing and scrutiny, at a fraction of the time and cost.

Traydstream is making waves within the world of Trade Finance, an industry heavily reliant on manual intervention, and the paper-intensive duplication of work. The platform is currently being road-tested with numerous banks and large corporates who are seeking to improve their trade operations with the implementation of newly available technology.

About the awards:

The FStech Awards, the official awards show of FStech Magazine, represents the pinnacle of best practise, a chance to learn from the best, a fantastic gala dinner, entertainment and the chance to network with the best of the industry. It’s free to enter the awards and you can put your organisation forward in as many categories as you wish.

http://www.fstech.co.uk/awards/

Traydstream Wins Award for Best UK Digital Experience in Financial Services & Fintech

 

Traydstream Wins Award for Best UK Digital Experience in Financial Services & Fintech 

Trade technology firm Traydstream has taken home the award for best Financial Services & Fintech in the UK Digital Experience Awards 2017.

Celebrating the very best in organisations that offer exceptional digital experiences for their valued customers, the awards were hosted at the famous Wembley Stadium in London on 22nd November 2017, in conjunction with the UK Business Awards. The ceremony was host to over 500 contestants, including industry leading firms like Lloyds Banking group, Three UK, GlaxoSmithKline, Virgin Money, Thomson Reuters, and many others.

Entrants were scrutinised by a judging panel featuring some of the sharpest industry minds, examining the businesses’ digital contribution to the sector, disruptive ability, and innovation of solution. Scoring accorded to strict criteria aligned with the Cranfield School of Management.

Traydstream is marked by its holistic approach to the digitalisation of trade finance, with a focus on the automation of key processes like document discrepancy-checks, due-diligence, and regulatory and compliance screening, as well as the initial stages of converting data to digital format – a process achieved by their proprietary Optical Character Recognition (OCR) technology. Designed and built by seniors within the banking and technology communities, Traydstream is making headway in an industry increasingly aware of its need for reform. In fines alone, banks globally have paid ‘USD $321 billion in fines since 2008 for an abundance of regulatory failings from money laundering to market manipulation and terrorist financing’, according to data from Boston Consulting Group.[1]

Co-founder and Chief Operating Officer at Traydstream, Uzair Bawany, said of their recent accolade: “It’s been a challenging and fascinating journey to date; receiving this award is wonderful recognition of our efforts to reform a sector crying out for change. It is only the beginning of Traydstream’s future impact on the industry.”

On the increasingly high value placed in Digital Experience, Awards International CEO Neil Skehel said of the awards: “Digital Experience is fast becoming one of the most important fields for businesses right across the globe. Today’s customers expect a lot from firms when it comes to offering a digital pathway, and if they can’t keep up they will be left behind.

These awards are a way of showcasing the most innovative and exceptional firms, whose Digital Experience for customers is second-to-none at a time of rapid change and ruthless competition.”

 

[1] Bloomberg, ‘World’s Biggest Banks Fined $321 Billion Since Financial Crisis’, <https://www.bloomberg.com/news/articles/2017-03-02/world-s-biggest-banks-fined-321-billion-since-financial-crisis>.

UK Digital Experience Awards 2017: Finalists Revealed

The UK Digital Experience Awards 2017 are to take place at London’s Wembley Stadium in what promises to be one of the most thrilling industry events this year.

Celebrating the very best in organisations that offer an exceptional digital experience for their valued customers, the awards will now be hosted earlier than planned at the famous London venue on November 22, in conjunction with the UK Business Awards

Finalists will compete in 18 categories for awards including best Omni-Channel Experience, best SEO, and best Mobile Strategy.

Entrants will be scrutinized by a judging panel featuring some of the sharpest industry minds, who will be examining the businesses’ digital experience portfolio and scoring according to strict criteria.

The gala event – which is being held by Awards International with the valued support of partners Barnardo’s, CXM, and Cranfield School of Management – is also shaping up to be one of the calendar’s key networking opportunities, ensuring that every attendee walks away with something valuable, even if it’s not one of the sought-after awards trophies.

Following the announcement of this year’s finalists, Awards International CEO Neil Skehel said: “Digital Experience is fast becoming one of the most important fields for businesses right across the globe. Today’s customers expect a lot from firms when it comes to offering a digital pathway, and if they can’t keep up they will be left behind.

“These awards are a way of showcasing the most innovative and exceptional firms, whose Digital Experience for customers is second-to-none at a time of rapid change and ruthless competition.

“It’s also fantastic to be able to bring the DX Awards to a new and bigger venue, the world-famous Wembley Stadium. It’s going to be a hugely exciting day for celebrating what makes UK businesses among the best on Earth for communication with their customers.”

 

Financial Services and Fintech Award:

Brilliant Basics

Divido Financial Services Ltd

Monese

Tempcover Ltd

Traydstream

Not for Profit and Charity Award:

GRIT Digital on behalf of The Association of Independent Museums

RHP Group

Xaxis on behalf of GlobalGiving

Yoyo Design on behalf of England Athletics

Best Online User Experience B2B:

Orange Bus

Sage in partnership with Valtech

Lloyds Banking Group (AO&O)

Thompson Reuters

Best Online User Experience B2C Award:

Absolute Design Association Ltd on behalf of 3P Direct Ltd

Eurostar

Foundit on behalf of Amara

Hallam Internet on behalf of Virtual Runner

Virgin Money

Business Transformation Award:

Business Stream in partnership with Cap Gemini

Cardiff and Vale College, Wales in partnership with PwC UK

Sage in partnership with Valtech

Vortex Commerce Ltd on behalf of AKW

Business Transformation Award:

Business Stream in partnership with Cap Gemini

Cardiff and Vale College, Wales in partnership with PwC UK

Sage in partnership with Valtech

Vortex Commerce Ltd on behalf of AKW

Business Change Award:

Eurostar

Lloyds Islands Community Bank

Royal Bournemouth and Christchurch Hospitals Trust Outpatients Department in partnership with Social Facilitators and Humap Software

Sagittarius on behalf of Contiki

Thomoson Reuters

Virgin Trains

Cloud Service Award:

SignStix Ltd

Consortiq

Nobly POS

 DX Innovation Award:

Draper and Dash

MOO

Rachel Dalton Communications on behalf of Ieso Digital Health

Sage

The BIO Agency on behalf of British Airways

Three UK

Mobile Strategy Award:

Aston Barclay Group

GlaxoSmithKline

Nobly POS

Three UK

Virgin Trains

Omni-Channel Experience Award:

Business Stream

Divido Financial Services Ltd

Jacada

Lloyds Banking Group

Severn Trent

Vizolution in partnership with O2

Use of SEO:

Banc on behalf of Gazprom Energy UK

Three UK

Virgin Money

Digital Team Award:

Absolute Design Associated Ltd on behalf of 3P Direct Ltd

B&Q plc in partnership with Digits Industries Ltd

Digital Transformation Service Northern Ireland

NS&I

Severn Trent