Finastra
131 Case Studies
A Finastra Case Study
Credit Agricole CIB, the corporate and investment banking arm of the Crédit Agricole Group, needed to significantly grow its trade finance business in a highly competitive market where open-account trade risked disintermediation. To differentiate its offering and better serve large corporate clients, the bank partnered with Finastra and adopted the Fusion Corporate Channels trade services module.
Finastra implemented an automated supply chain finance solution—streamlining PO-to-invoice workflows, supplier onboarding and collaboration—to give corporates unprecedented visibility and control, faster supplier financing and reduced manual re-keying errors. The Fusion Corporate Channels deployment has grown rapidly in Europe, shortened time-to-market, been rolled out across Credit Agricole CIB’s international network and delivered a clear competitive advantage for the bank.
François Cron
Head of Trade Finance e-Banking