Traydstream Trailblazers – An interview with Jayan Menon, Administrative Officer & India Country Head

What inspired you to join this company, and what challenges did you face in the early days?

Trade has always been a paper-intensive industry. In my role heading Trade Finance Operations in banks, I experienced firsthand the difficulties of manual processing. Errors not only inconvenience customers but also pose significant compliance risks and reputational damage to the bank. In addition, trade finance professionals must constantly stay updated on complex regulations, which is both time-consuming and costly.
Traydstream’s concept of digitizing and automating trade processes was groundbreaking. I was excited to join a company aiming to revolutionize the industry and address these long-standing challenges.

 

What are some of the biggest lessons you’ve learned in this industry, and how have those lessons impacted the way you do business?
A key lesson is that while banks and corporates initially focus on the commercial aspects of a product, their decisions ultimately hinge on the significant benefits the platform offers—improving efficiency, benefiting their customers, enhancing employee experience, and boosting trade and economic growth. This insight has fundamentally shaped my understanding of the decision-making process.

 

 What advice would you give to someone just starting in this field?
I wish I had started my career today. The growth in world trade and technological advancements in trade finance presents immense opportunities for new joiners to make an impact and leave their imprint.

 

 What are some of the biggest trends you see shaping the future of the industry, and how is Traydstream positioning itself to stay ahead of the curve?
AI is transforming the world, and trade finance is no exception. Traydstream is leveraging cutting-edge AI/ ML technologies, to enhance its platform. As the first to automate trade finance, Traydstream is poised to lead the next wave of innovation with AI. The passion & drive I see in the company and the hunger for perfection I experience daily while working with various teams is a joy to behold. It is this relentless pursuit of total automation that stands out in my mind and which I believe will continue to define Traydstream and hopefully by its achievements the trade industry, over the coming years.

Recent Posts

Quality Assurance in Innovation: A Day in the Life at Traydstream

Quality Assurance in Innovation: A Day in the Life at Traydstream

Can you describe a typical day at Traydstream? What tasks do you handle regularly? A1. I usually resume my official day by having a quick standup call where I discuss the insights of daily activity with my team folks. Then, I work on the value-added tasks assigned via...

Demystifying Data in Trade Finance

Demystifying Data in Trade Finance

What type of data is collected and processed in Trade Finance? The Trade Finance industry deals with the financing and facilitation of international trade transactions. Various types of data are collected and processed in this industry to facilitate these transactions...

Data Classification in Trade Finance Industry

Data Classification in Trade Finance Industry

Traydstream's Head of Technical Advisory, Dan Sithambaram, talks about Data Classification, the different types, and the impacts it can have on your business.   Data Classification in Trade Finance Industry In the rapidly evolving landscape of global commerce, trade...