News

The COVID-19 crisis arrived during a transformative period for trade finance, largely through digitisation and the emergence of new platforms. Despite the hardship caused by the pandemic, the crisis has also reinforced a desire for banks, global institutions, and...

The goal Reimagine the paper-based processes that underpin trade finance using AI. Who we are: We have a diverse group of people around the world from seasoned veterans with 20+ years’ experience in Finance and Technology alongside associates who are just starting...

The goal: Reimagine the paper-based processes that underpin trade finance using AI. Who we are: We have a diverse group of people around the world from seasoned veterans with 20+ years’ experience in Finance and Technology alongside associates who are just starting...

Since being part of a winning solution in the Citi MENA FinTech challenge in 2019, Traydstream has had a major focus on resolving issues, faced by the trade finance operation teams of Banks and Corporates globally. Bolstering the senior product expertise based in...

What We Do Traydstream’s unique AI-powered products reduce the costs, complexities and timescales of trade finance processing for banks and large corporations. Our scalable platform uses proprietary Optical Character Recognition (OCR) technology to accurately...

Traydstream is proud to be selected by 2020 bobsguide Awards for FinTechs. Traydstream’s modular technology uses AI to slash the time it takes for banking and exporting corporate trade document scrutiny teams to complete checks on the dozens of documents generated...

Based in Nairobi, Kenya, Jerry Shikhule joins Traydstream as the Global Sales and Origination Lead focusing on the growing Africa market. Traydstream’s platform digitises and automates trade document checking to eliminate errors, validate discrepancies and perform...

Traydstream, today announces the appointment of Martin Hobbs as our new advisory General Counsel. Martin has over 18 years of in-house legal commercial experience and has advised our Leadership team since our inception in 2016. Martin's success has helped grow...

To stay relevant even in a post-pandemic era, businesses leverage emerging technologies such as Artificial Intelligence and Machine Learning. Bank-FinTech collaborations continue to go strong as financial institutions (FIs) focus on digitizing documents and...

Traydstream is proud to announce its first live production implementation in India at YES BANK.  Both teams in collaboration have worked closely to digitise the Trade Document checking process, a solution which will be a key market differentiator and help in...

https://www.finextra.com/pressarticle/85360/standard-bank-goes-live-on-traydstream-platform Standard Bank South Africa has become the first bank in the country to go live on the Traydstream platform. The move to Traydstream, which was completed on November 5, will...

Around the world, banks are reconsidering their trade finance business model, viewing digitalisation as one of the most important trends that will shape the industry in the coming years. GTR Nordics Virtual 2020 held an interesting discussion on "Assessing the...

By Achille d'Antoni, Founder, Traydstream and André Casterman, Founder, Casterman Advisory and Chair of Fintech Committee, ITFA COVID-19 has underlined the many obstacles for banks and corporates to process paper-based trade finance transactions. This has...

Know how global trade finance is being affected and how its ramping up to face the pandemic slump through this Podcast conducted by Hexaware Technologies. What are the solutions and remote processing options available for corporates, the scope for simplification of...

Traydstream is pleased to announce the addition of Adam Kasraoui as a Global Sales & Origination Lead, which further expands its sales coverage of Middle Eastern banking clients as well as a new focus on the value that Traydstream brings to corporate clients.  ...

Jayan Menon, Country Head - India at Traydstream I had written earlier (https://traydstream.com/a-case-for-replication-of-the-trade-facility-agreement-tfa-of-the-wto-in-trade-documentation/) about the need of an initiative aka Trade Facility Agreement (TFA) with...

Jayan Menon, Country Head - India at Traydstream Issues Bureaucratic delays and “red tape” pose a burden for moving goods across borders for traders. Trade facilitation—the simplification, modernisation and harmonisation of export and import processes—has therefore...

Traydstream welcomes Moshe Wolfson as their new Sales and Origination Lead for European Banks  Traydstream continues to accelerate its client activities and welcomes Moshe Wolfson to help lead the charge with European banks. He brings with him thirty years of rich...

By Sam Sehgal & André Casterman, members of the ITFA Fintech Committee and ITFA Technology Experts for Regulatory Action (TERA) 1.0 The History Who could have imagined a few months back the widespread and rampant disruption that Covid-19 would cause. The pace...

Trade Services in banks : A Complex web of Compliance Jayan Menon, Country Head - India at Traydstream   Background Traditionally, banks facilitated trade of a country through financing of the importers and exporters, handling of the documents and enabling payments...

Sameer Sehgal, CEO of Traydstream   Forces reshaping the World of Trade   It is remarkable how ‘unchanged’ the world of Trade has remained over the last 100 years. The same documents, the same protocols between buyers and sellers, and the same Trade...

The Start of Digitisation in Trade Finance Introduction to Trade Finance Trade Finance at its core, has existed for thousands of years and can be seen in early documentation of Silk Routes. Fast forward to the present day, Trade Finance remains key to global trade....

(What's Next for Trade Finance's Automation?) A lot has been made recently of the advent of blockchain in financial services, and banks must be applauded for their commitment to change; consortiums like R3 are clearly positive initiatives that demonstrate the...

Traydstream applauds the formation of TERA (Technology Experts for Regulatory Action), new ITFA FinTech Task Force, comprised of leading professionals in the Trade Finance Industry both from banks and FinTechs which aims to tackle policy obstacles in Trade Finance....

London, 9 June 2020:   Traydstream, the London-based trade AI solution provider, is proud to announce a partnership agreement with Refinitiv’s World-Check, which will integrate seamlessly with its automated Trade compliance checks.  Traydstream clients will now be...

Winning in a world of ecosystems An ecosystem, from McKinsey’s perspective, is an interconnected set of services enabling users to fulfill a variety of needs in one integrated experience. We are currently amidst a world seeing digital boom and technological...

  Enabling digitally led trade growth is a key opportunity 21st May 2020 Vinod Madhavan, Head of Trade for Standard Bank Group "Standard Bank partnered with Traydstream – a fintech that leverages OCR and machine learning – in 2019 to digitize the current...

12th May 2020 Traydstream, the FinTech leader in trade document scrutiny using artificial intelligence (AI), today announced the signing of a joint partnership agreement with Infosys Finacle, part of EdgeVerve Systems, a wholly owned subsidiary of Infosys (NYSE:...

ITFA Webinar: Documentary trade is facing COVID-19 too – how can technology and policy help? 10th April 2020 Traydstream was proud to be invited by ITFA to participate in a webinar round table discussion on ‘Documentary trade is facing COVID-19 too – how can...

Trade finance digitisation faces 'tipping point' amid coronavirus lockdowns S&P Global Market Intelligence: 31 March 2020 Demand for digital trade finance solutions is growing in light of coronavirus lockdowns, with technology companies saying the crisis could...

The incredible disruption to Trade Finance in just a week! Published on March 27, 2020 Uzair Bawany - Chief Revenue Officer & Co-Founder at Traydstream The last few weeks feel very different in the Trade Finance community to when we first started Traydstream....

TRAYDSTREAM AND DELOITTE JOIN FORCES AS PART OF THE 'NEW NORMAL' IN FINANCIAL SERVICES INDUSTRY Milan, 24 March 2020:   Traydstream, the FinTech solution leader in trade document scrutiny using artificial intelligence (AI), has finalized a commercial agreement...

  Bolero launches Galileo platform to deliver future-proofed trade digitisation services for current and new clients Bolero.net  11/02/2020 New platform has advanced user interface, rich functionality and flexible integration, delivering multiple value-added...

  Banks adopt AI to manage sanctions and compliance risk  Financial Times: 30/01/2020 Technology . . . can help with efficiency and compliance costs and all firms will continuously review their infrastructure and processes,” says Neil Whiley, director of...

Traydstream, the fintech leader in trade document scrutiny using artificial intelligence (AI), and Hexaware, the next-generation provider of IT, BPO and consulting services, have agreed an expansive partnership to provide Traydstream’s trade operations automation...

WIPRO & TRAYDSTREAM PARTNER TO DELIVER TRADE FINANCE PROCESSING AUTOMATION SOLUTIONS TO BANKS AND CORPORATES Traydstream is delighted to announce a global partnership with Wipro Limited, (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading information technology,...

Stanbic Bank Uganda (SBU) and Traydstream Ltd have signed an agreement to implement the Traydstream platform at SBU. This platform is intended to digitize the current manual process of vetting Letters of Credit for Discrepencies. The trade document processing...

3 September 2019, Singapore – Traydstream and Standard Chartered Bank today announced a strategic agreement to introduce Traydstream’s digital trade document matching services to the Bank’s clients, delivering increased efficiency and transparency to document trade...

Traydstream is pleased to announce a further expansion of its Asia Pacific presence with the appointment of T.S. Shankar as Area Head Asia (excluding India and Pakistan), based in Singapore. Shankar is an experienced banking professional with over 30 years of...

Traydstream, the machine learning-based trade rules and compliance-checking platform, is excited by a new pilot partnership with Finnish multinational exporter, Nokia Corporation and several of its major advising banks. Orchestrated around an industry event in...

Karachi – May 2019 – Traydstream and RapidCompute co-hosted an Iftar on 21st May 2019. Senior bankers and subject matter experts on Trade Finance and Technology were present and discussed the opportunities of automation in Pakistan and potential...

Fintechs collaborating: data technology and machine learning help originators upgrade trade operations and reduce cash conversion cycle Data technology and machine learning go together and two ITFA fintech's have started an exciting collaboration to combine their...

Traydstream is pleased to announce its partnership with John Khaw, co-founder of Lucidity with 10+ years of banking and technology experience based in Singapore. John will be leveraging his experience and background to help grow Traydstream’s presence and client...

Traydstream is celebrating the expansion of its presence in India. New office facilities in both Mumbai and Calcutta provide additional space to support the expansion its technology capabilities. Traydstream has grown significantly in the last two years with now...

On 13th November 2018, Traydstream was invited to attend AFTE’s (Association Française des Trésoriers d'Entreprise) flagship conference - an event held at the Palais Brongniart in Paris to discuss the topics concerning corporate treasurers today as well as...

Most recently as the Chief Finance Officer of Haygain, a recognised global leader in Equine Health, and for over 8 years at Alfresco Software, a leader in document management solutions, James has a deep experience in building financially sustainable businesses...

Traydstream Limited is delighted to announce its launch in Pakistan to support its major growth plans in the region as Traydstream Pakistan Limited (TPL). The entity will both serve as a centre of excellence for Trade Digitisation and Automation, while spearheading...

In the way that “Insurtech” and “Regtech” have developed in recent years, a new wave of fintech is trending – that of “Tradetech”. Trade Finance Global investigates the Top 40 rising fintechs supporting international trade. What is “Tradetech”? As cross-border...

Traydstream has successfully closed its second major Product & Technology Summit on 9th Dec, held in Dubai. Joining local colleagues were key functional leads from the UK, US, Italy, India and Pakistan. In managing dispersed teams around the world, these...

Traydstream and Swansea University’s Computational Foundry have been co-funded by the UK’s innovation agency, Innovate UK, to collaborate on bringing advanced machine learning techniques and visual analytics to the detection of malpractices in trade finance,...

Traydstream will soon release the first version of its solution for digitising and automating trade, which it will bring into production with its first bank client. The news comes as the fintech firm announces the conclusion of a US$3.5mn funding round to scale up...

Traydstream is excited to announce that it has secured a 5 year deal with Pakistan head quartered, Meezan Bank to implement its digital solution for trade finance processing. The Traydstream platform uses a proprietary intelligent OCR (Optical Character...

Award-winning trade finance fintech, Traydstream, today signalled a full scaling up of its commercial activities, having concluded a US$3.5 million pre Series-A round of financing, co-led by a group of ultra high net-worth individuals (UHNI) and Gauss Ventures. Due...

A lot has been made recently of the advent of blockchain in financial services, and banks must be applauded for their commitment to change; consortiums like R3 are clearly positive initiatives that demonstrate the industry-wide desire to innovate. With global trade...

Introduction to Trade Finance Trade Finance at its core, has existed for thousands of years and can be seen in the early documentation of Silk Routes. Fast forward to the present day, Trade Finance remains key to global trade. According to the World Trade...

Trade finance software firm, Traydstream, have announced the executive appointment of Asif Ali as Managing Director of Product. Ali brings extensive knowledge of the trade space to the FinTech, having most previously headed Citi’s Trade Business for United Arab...

Traydstream was designed by banking and technology veterans who experienced first-hand the inefficiencies faced in the provision and receipt of trade finance by banks, financial institutions (FIs) and corporates. We spoke to Sameer Sehgal, CEO of Traydstream about...

Trade finance software firm Traydstream has announced the executive appointment of Shishir Vyas as the firm’s Chief Client Experience & Digitisation Officer. As the fintech continues to expand its core offering to banks and corporates of automating the critical...

Uzair Bawany, COO at Traydstream, explains that the ancient process of trade finance is finally being transformed thanks to the application of artificial learning, machine learning and robotics. Although it drives the global economy, trade finance processing...

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...

Traydstream, a UK-headquartered fintech company whose platform digitalises and automates trade finance, has hired Jayan Menon as its new country head for India. The official appointment of Menon follows the firm’s announcement in January that it had opened its...

Traydstream, a UK-headquartered fintech company whose platform digitalises and automates trade finance, has hired Jayan Menon as its new country head for India. The official appointment of Menon follows the firm’s announcement in January that it had opened its...

Traydstream, a UK-based fintech company that aims to digitalise and automate trade finance, has opened a new office in India, its first global servicing hub for its trade, technology and client service operations. The entity will house experts in the disciplines of...

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...

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...

A lot has been made recently of the advent of blockchain in financial services, and banks must be applauded for their commitment to change; consortiums like R3 are clearly positive initiatives that demonstrate the industry-wide desire to innovate. With global trade...

Globalisation and the proliferation of technology have transformed the business world as we know it. But digitalisation is a priority for one industry in particular: trade finance. Greater use of technology could bring numerous benefits to the industry and even...

A few years ago, Sameer Sehgal, the new CEO of trade finance firm Traydstream, said he probably wouldn’t have agreed that banks are playing a role in the innovation of the industry. But trade finance is the target for massive disruption thanks to...

Sameer Sehgal, until recently Citi’s head of trade for Europe, Middle East and Africa, has left the bank to become the CEO of Traydstream, a new fintech company that aims to digitise and automate trade finance. Sehgal brings over 22 years of experience in trade,...

Click Here to see on GTR (Global Trade Review) 03-08-17 / BY SANNE WASS Traydstream, a trade finance fintech firm, has entered into two partnerships to expand its newly-launched trade digitalisation and compliance screening solution. It has partnered with PFU,...

GLOBAL / 16-06-17 / BY SANNE WASS, GTR (Global Trade Review)Click Here to see on GTRNew fintech player, Traydstream, has launched a solution to digitalise trade documents and automate regulatory compliance screening using artificial intelligence.As is often the...

Traydstream, a new trade finance fintech company, has brought in three senior staff members to lead its technology, product development and agent relations teams. Ray Sherry has joined as chief technology officer (CTO), overseeing the IT architecture and digital...