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 the roll out of Traydstream’s AI powered platform for banks and corporates in Pakistan and the wider region.

Heading TPL, would be Raza Abidi, a veteran in the International Banking world, with experiences across various Business & Risk Management functions at Citi, Standard Chartered Bank and Mashreqbank.

Raza said: “The lack of automation and standardisation across the banking and corporate sector has been a long-standing pain point for Trade Finance. When it comes to embracing technology in banking, Pakistan has lagged behind but a shift to digitisation is emerging. I am extremely excited to be part of the Traydstream journey, in automating banking in Pakistan and working closely with our esteemed Regulator, Clients and Local Partners.”

Ameen Allibhoy, Head of Partnerships at Traydstream, who spearheaded the establishment of this regional presence remarked, “Pakistan has been making great strides in growing global economic ties but there still remains massive untapped potential. Traydstream is investing in what we believe will be a big opportunity for our future, for banking in Pakistan and for the sector across the wider region.

Traydstream Pakistan offices at : 5th Floor Citi view Tower, Shaheed-E-Millet 80 Road, will also serve as regional Training, software development and admin support center for the region.