Trade Evolution Dashboard -T.E.D.

The Trade Evolution Dashboard -T.E.D. is a comprehensive Trade Finance Web Platform through which the Domestic and International Trade Products and Services offered by a bank, are made available to the Branch Network and Head Office departments for Trade processing execution.

It provides complete Trade Finance and Payments business functionality to support the following Trade Instruments and Transactions:

• Import/Export Documentary Collection
• Import and Export Letters of Credit (LC)
  • Including Bank to Bank operations such as LC Reissuance – LC Relay – Irrevocable Reimbursement Undertaking (IRU),
• Contingent Obligations
  • Import and Export Standby Letters of Credit (SBLC)
    • Including Bank to Bankoperations such as SBLC Reissuance – SBLC Confirmation
  • Inward and Outward Letters of Guarantee
    • Including Bank to Bank operations such as Guarantee Reissuance
  • Funded and Supply Chain financing Facilities
    • Import/Export Financing
    • Trade Advances and Discounts
    • Payables Financing
    • Receivable Financing
  • Inward and Outward Payments
    • Including FI to FI Payment Orders
  • Limits Management
  • Forex & Money Market instruments and functionalities
  • Precious Metals (Gold, Platinum, ect.) Management

The Trade Evolution Dashboard -T.E.D. can be integrated with the WTE – Customer World Trade Ecosystem Portal, in order to provide to the Customer of the Bank and Supply Chain Operators a Centralized Digital Channel to operate the end-to-end supply chain business in an “anytime and anywhere” relationship model. Please refer to the dedicated solution page for the related benefits either for the bank and for the customers.

A.I. Solution Integration

Enterprise has developed “use cases” in its laboratories for the implementation of AI for document control and AML checks in Trade Finance processes:

• OCR & Machine Learning
• Digitalized Documents vs Swift Messages checks and compliance screening

The ability to interact with Artificial Intelligence components, aims at increasing the overall ability to control and intercept data inconsistencies hidden in the documents, even against compliance rules.

We are proud and excited to share what we have achieved with our Trade and Finance team and our partners; if you are interested to see the achieved results and discuss how the Enterprise solutions could benefit your Trade operation, please do not hesitate to contact us.

Optional Module: The Islamic Trade Finance Facilities

Thanks to the long experience gained in supporting several banks in the Trade and Finance Business and the experience matured in countries dealing with the Islamic principles, the following main Islamic Trade Finance products may be incorporated in the platform due leveraging the key features of the T.E.D. Suite such as the embedded configuration capability and software flexible architecture:

• Wakala LC .
• Murabaha LC
• Musharaka LC
• Bills of Exchange Purchased

Wide array of functionalities and benefits

• Platform compliant with ISO20022
• Compliance with EU Regulation 2024/886 Instant Payments
• Compliance with PSD2 Open-banking directive
• Easy integration into the Supply Chain Financing Ecosystem (API Catalog);
• Paperless and Document Digitalization;
• Comprehensive Payment Automation and Control
• A.I. Integration capability;
• Transparency and Traceability;
• Effective Communication with Customers;
• Compliance with EU Accessibility Act;
• Availability 24×7
• Configurable Workflow leading the transaction execution and messages cycle;
• Agility: over 180 administration & tuning functions;
• Improved “Time-to-Market” for new products and services offering;
• Cloud deployment readiness;
• Open and Scalable Architecture;
• Transaction Tracking Button Panel, Communications Tracking Panel;
• Multi-bank operation capability
• Multi language (Users and clients)

Technological Framework

Main Characteristics

All our Products were built in a structured environment that includes:

• Proprietary software framework (implemented with JAVA and REACT technologies)
• Cloud-agnostic containerization
• Efficient DevSecOps workflows
• Ready-made controls for security and data protection (token-based access, cryptography, least privilege principle)
• Data caching strategies
• Multi-Factor Authentication mechanisms (PSD2 compliant)
• User’s experience certification (cross-browser compatibility and accessibility compliance)
• Multi-channel endpoints (Web, API, Mobile App and Legacy Systems)
• Microservices infrastructure

Enterprise Software Framework

Based on modern architectural principles, our framework guarantees high software performance, maximizes reusability of code and reduces errors and impact of changes. In addition, ready-made controls and patterns makes our Products more secure and robust and fully compliant with standards and recommendations.

Microservice infrastructure implements more than 500 functions, within a service catalogue of APIs collected in 16 areas

The modularity of the framework simplifies the deployment of our Products that can be distributed in cloud or on premises, on virtual machines or containers.

Standards and Recommendations

We are compliant with:

• ISO 9001
• GDPR (EU Regulation 2016/679)
• ISO/IEC 27001:2022
  • Application Management
  • Service Management (Cloud)
  • Consultancy
• ISO 20022 – SWIFT Message
• OWASP Developer Guide https://owasp.org/www-project-developer-guide/ 
• OWASP DevSecOps Guideline https://owasp.org/www-project-devsecops-guideline/
• NIST Special Publication (SP) 800-160 https://csrc.nist.gov/pubs/sp/800/160/v2/r1/final