Wema Bank selects Union Systems for its international trade finance automation

0

Union Systems Limited, Africa’s leading trade finance company, partners with Wema Bank Plc to automate its trade finance operations. The bank chose Union Systems’ Kachasi trade finance software over all other trade finance software solutions because of its ability to handle both traditional trade finance processes and special trade finance transactions. Nigerian trade. Kachasi’s selection demonstrates Union Systems’ leadership, experience and excellence in providing trade finance software solutions.

Wema Bank, the pioneer of Africa’s first fully digital bank, is no stranger to being at the forefront of introducing innovative digital solutions to its customers. Through this collaboration, the bank will join the league of banks around the world that are using technology to change the way trade finance works. This trade finance automation project will significantly reduce trade finance processing time, improve operational efficiency and unlock new revenue streams for the bank. It will also improve the bank’s ability to respond quickly to policy and regulatory updates.

Kachasi is the first indigenous trade finance software application designed to automate the entire lifecycle of international and domestic trade finance operations. Union Systems brings to this partnership over 20 years of successfully developing and implementing trade finance solutions across Africa. This is a significant milestone for the company and proves its expertise in designing and developing trade finance software products.

About Union Systems Limited

Union Systems Limited (USL) is the African leader in trade finance software. For more than 20 years, the company has been providing forward-looking trade finance software solutions to banks and corporations in Africa to achieve full automation and digitalization of their trade operations. Our trade finance software solutions deliver growth, profitability and regulatory compliance for banks and corporations.

Headquartered in Lagos, Nigeria, the company has in-depth knowledge of the African market and a team of highly skilled consultants with hands-on experience in delivering complex software solutions. Union Systems was named Trade Finance Software Solution Provider of the Year at BusinessDay Bank’s and Other Financial Institutions (BAFI) Awards for the second consecutive year, in recognition of its innovation and excellence.

Share.

Comments are closed.