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/

Recent Posts

Reshaping Trade Finance in Africa – Webinar of 7 July 2021

Reshaping Trade Finance in Africa – Webinar of 7 July 2021

Traydstream invited representatives of Co-Operative Bank of Kenya and ABSA Bank Kenya to discuss on-going technology developments in trade finance in Africa. Dayo Fagade, a member of the Traydstream team introduced the session and the panelists as follows: Dorcas...

Traydstream adds the power of MS Vision to its OCR Engine

Traydstream adds the power of MS Vision to its OCR Engine

In its latest platform release, Traydstream has added Microsoft Computer Vision as a component to its existing Optical Character Recognition model. MS Computer Vision is a part of Azure Cognitive Services and boosts text extraction capabilities. Traydstream has...

Automation of Document Examination under Documentary Credits

Automation of Document Examination under Documentary Credits

As digitisation continues to evolve, automated document examination will become the new normal as financial institutions learn to trust and understand how machines work and the consistent approach that this brings to the review. Let us learn about the different levels...

An update on automated document checking

An update on automated document checking

World Trade Organisation (WTO) estimates that "some 80-90% of world trade relies on trade finance". Despite this, the sector has not undergone the same technological advancements found elsewhere in finance. Currently the processes of documentary scrutiny behind trade...