Case Study: Seylan Bank modernizes trade finance and boosts corporate banking with Finastra

Seylan Bank Drives Digital Trade Finance and Corporate Banking

Seylan Bank, Sri Lanka’s sixth-largest commercial bank, faced a pressing need to modernize a decade-old trade finance platform that was poorly integrated with its core systems and hampering service delivery in a highly competitive market. To sharpen its corporate banking and trade finance offerings, the bank chose Finastra solutions — building on its long-standing use of Fusion Equation and moving to Fusion Equation 4.3 while adopting Fusion Trade Innovation and Fusion Corporate Channels to deliver a modern digital trade and corporate banking experience.

Finastra implemented an integrated platform that included Fusion Trade Innovation and a new online client portal on Fusion Corporate Channels alongside the Fusion Equation upgrade, enabling more connected, automated and self-service trade finance and cash-management services. Seylan Bank reports improved operational efficiency, faster, cost-effective product rollout, stronger compliance (including automated sanctions tracking) and the ability to redeploy staff into advisory roles—outcomes the bank expects will help it win market share and grow revenues; the case study does not provide specific numeric metrics.

Seylan Bank

Kapila Ariyaratne

Director and CEO