Finastra
131 Case Studies
A Finastra Case Study
Bank ABC, the Bahrain‑headquartered global wholesale bank, faced a major IT and operational challenge: it needed to upgrade its trade finance application across 10 jurisdictions ahead of a SWIFT standards release while simplifying a patchwork of 10 disparate systems and supporting a sudden surge in demand for export letters of credit. To address this, the bank chose Finastra’s Fusion Trade Innovation as the core trade finance solution.
Finastra implemented Fusion Trade Innovation as a centralized commercial finance hub (with implementation support from encoreTheme and Finastra Global Services), standardizing workflows across jurisdictions and enabling rapid new‑market deployments. The result: significant efficiency gains and lower maintenance costs, the ability to establish operations in under two weeks (80% faster than before), and the capacity to scale to a three‑fold increase in letters of credit volume in late 2018.
Paul Baker
Deputy Group Head of Operations