Traydstream goes live with YES BANK to accelerate Trade Finance Digitization in India

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 enhancing operational efficiencies, while reduce risks and costs normally associated with Trade document checking.  

Headquartered in London, UK, Traydstream has invested heavily in its Indian development and operational support centres in Mumbai and Kolkata since 2018.  

Traydstream Country Head, Jayan Menon remarked, “We have been building out our teams with the best and brightest talent, but the Indian trade market is also very vibrant and filled with major opportunities. Taking a partner approach with forward thinking businesses like YES BANK is vital for us to bring the benefits to the end customer.” 

Ajay Rajan, Global Head – Transaction Banking Group, YES BANK said, “Innovation, collaboration and partnerships remain the cornerstone for success at YES BANK and we remain committed to invest in customer-centric & technology driven solutions that benefit our customers.   Using its innovative AI & ML driven model, Traydstream met our objective of developing a, fully digitised and scalable solution to solve the challenges in this critical high-impact area which traditionally has relied on high manual involvement. Building on our ‘technology-first’ approach, we will continue to develop solutions that enhance the overall banking experience for our customers.”  

Recent Posts

Embracing the Future: Integrating Your Solutions – Part 2

Embracing the Future: Integrating Your Solutions – Part 2

Integrating trade-related systems is a multifaceted challenge that typically spans more than a single budget cycle. In my previous post, I emphasized several crucial aspects: Know your goals clearly and precisely and track progress and attainment. Calculate potential...

Digitizing Trade Finance: The Future is Now

Digitizing Trade Finance: The Future is Now

Digitization 1. How is the adoption of digital platforms transforming trade finance in Spain, and what challenges do you face in convincing clients to embrace these technologies? Digital solutions and platforms are transforming foreign trade processes in financial...

Embracing the Future Transforming Trade Finance Through Technology

Embracing the Future Transforming Trade Finance Through Technology

Embracing the Future: Integrating Your Solutions – Part 1 Writing this part of the blog is a challenge. Despite having delivered this topic in talks several times, distilling it into a concise blog is no easy feat. So, consider this the first part of a two-part...