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Transforming the Trade Finance process with Machine Learning

Transforming the Trade Finance process with Machine Learning

Hexaware
Published by: Research Desk Released: Nov 05, 2019

Hexaware transformed the Trade Finance Operation for a leading Global Bank by automating their export document checking and discrepancy management process using Machine Learning. An underlying advanced analytics engine developed by Hexaware processes data and creates value-add analysis on 5000 data point interactions in a transaction. Major benefits delivered to the clients are:

  • 70% AHT Reduction
  • 50% Staff Productivity

Read how this unique solution by Hexaware enabled the bank to process trade finance business both efficiently and cost-effectively to stay ahead of the competition.