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 collaboration. 

Raza Abidi, Traydstream’s Country Head expressed his delight and said, “The presence of senior stakeholders at the dinner is a testament that the leading banks in Pakistan believe in Traydstream’s platform and innovative solution and are keen to embrace digital transformation”. 

Abdul Samad Khan, Head of Partner Ecosystems & Projects at RapidCompute said “We are very glad to see international companies come into Pakistan to provide technological advancement in the sector of Trade Finance. RapidCompute is excited to partner with Traydstream and we are thrilled they have trusted us to provide them with an agile and high performing platform to operate in the local market.”   

Traydstream is marked by its holistic approach to the digitalisation of trade finance. Traydstream focuses 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 leading individuals from the banking and technology communities, Traydstream is making headway in an industry increasingly aware of its need for innovation. 

RapidCompute is one of Pakistan’s oldest and leading local IaaS providers, powering the mission-critical applications for hundreds of enterprises and businesses.   If you would like more information on the topic, please visit https://www.traydstream.com/latest-news-and-views