back Back

Triterras selects Unqork to modernise its trade finance platform

By Leandra Monteiro

June 07, 2022

  • Client Onboarding
  • Digital Lending
  • Kratos

TriterrasTriterras Inc, a FinTech company focused on trade finance, and Unqork, a no-code enterprise application platform, announced they have entered a partnership to further digitise global trade finance.

Unqork will be used to enhance the end-to-end trading lifecycle of Triterras’ Kratos platform, one of the largest trading and trade finance platforms in the world. By incorporating Unqork’s simple ‘drag and drop’ interface, the finTech company will be able to offer better efficiency and improve outcomes for both lenders and traders.

Triterras will kick start its work with Unqork by building new client onboarding processes on its Kratos platform. Client onboarding is an integral undertaking for all financial service institutions, yet rigid, fluctuating protocols have often hindered digital adoption. Through Unqork, it will be able to quickly develop client onboarding applications with more flexibility as industry regulations change for a seamless customer experience.

Customer onboarding will be just the first step in Triterras’ larger digital transformation initiative for the Kratos Platform. Down the line, the company plans to migrate risk and fraud mitigation, trade digitisation, transaction tracking and more—using Unqork.

“By leveraging Unqork’s no-code platform, Triterras plans to accelerate the way SME clients and lenders are able to transact online,” said Sri Vasireddy, Chief Technology Officer, Triterras. “Our business model is to bring new trade finance lending to underserved or underbanked market segments. Our partnership with Unqork will allow us to further our mission to provide tech-forward lending solutions that are accessible to the world of micro-lending.”

“Unqork has proven experience accelerating our customers’ time-to-market with our Codeless Architecture approach, enabling the delivery of premium, future-proof applications in record time,” said Matt Singleton, Head of Financial Services, Unqork. “We’re proud to partner with Triterras to deliver market-leading offerings on the Kratos platform that will enable Triterras to bring their expertise and solutions to their customers in an innovative and rapid way.”

Previous Article

June 07, 2022

Ziglu partners with ClearBank to offer virtual GBP bank accounts

Read More
Next Article

June 07, 2022

Noname Security launches global API security solution

Read More

IBSi Daily News Analysis

digital wallets

March 01, 2024

Client Onboarding

Banking Sector and regulatory framework: addressing India’s growing demand for secure lockers

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

March 01, 2024

Saikyo Bank & nCino to boost operational efficiency and customer experience

Read More

March 01, 2024

FinTech Focus: Catch latest developments of the week

Read More

March 01, 2024

Veefin & FinnUp team to fuel SME Lending solutions in India

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2023