Traydstream renews partnership with Meezan Bank

As an original pilot client of its market leading cloud-based automated document checking solution, Meezan Bank, Pakistan’s first and largest Islamic bank, has been a key partner for Traydstream since 2018 and has recently signed for a multi-year extension.

With a major focus on total turnaround time in processing trade transactions, Meezan Bank and Traydstream have worked together over the past 18 months, to significantly reduce the same, meeting a number of operational milestones.

These learnings have all been incorporated into Traydstream’s latest platform release which has incorporated new OCR (Optical Character Recognition) technologies and expanded its total trade rules set to over 350,000 permutations.

Head of country at Traydstream, Mr. Tariq Korejo said, “Collaboration is vital for companies offering innovative solutions to solve real world pain points. It is only through this type of work and rework that we are able to show the improvements and benefits continuously being gained over time.”

“It has been very encouraging to see how Traydstream and Meezan Bank have been able to optimize their automation solution and ultimately improve the end client experience to facilitate greater trade,” said Mr. Shahzad Charania, Head of Trade at Meezan Bank.

Recent Posts

Traydstream signs up first ever Trade Fund, Challenger

Traydstream signs up first ever Trade Fund, Challenger

Traydstream is delighted to add Challenger, an emerging markets focused TradeFinance fund, to its growing portfolio of clients in production. The Fund invests into collateralized, short-dated trade finance transactions,which involve all facets of the trade cycle...

Power of fintech partnerships in redefining your business

Power of fintech partnerships in redefining your business

Fintechs continue to play a part in the rapidly changing banking landscape, introducing cutting-edge technologies to enhance experience for banks and their clients / customers. One of these innovative technology focuses has been around digitally transforming...

Future Of Trade Finance

Future Of Trade Finance

 The world economy has witnessed tremendous development in the trade finance sector over the past decade. This basic banking activity has evolved with time. It has become more important than ever considering the realities of the pandemic situation, the current...