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Trade
Finance 
allTRA®
Java J2EE Trade Finance System
Benefits
- Double transaction volume throughput without increasing headcount
- Achieve industry-leading straight-through processing (STP) rate of over 92%
- Reduce operating costs by 30% via increased efficiency
- Limit operational risk via credit and operational control
- Capture customer business flows by delivering end-to-end online service
- Build competitive edge with innovative Web-based client access
Overview
allTRA® is Surecomp’s latest back-office trade finance solution for financial institutions. Developed entirely in the advanced Java J2EE multi-platform environment, allTRA meets the trade finance requirements of banks of all sizes. allTRA enables streamlined processing of a wide array of trade finance transactions including commercial and standby letters of credit (L/Cs), industrial revenue bonds (IRBs), guarantees, collections, funds transfers, reimbursements and clean payments. allTRA also provides enhanced support for all forms of financing such as acceptances, discounted paper and fixed/floating rate loans.
allTRA significantly improves global processing power for multi-entity, multi-national institutions while providing branch-specific, rules-based processing capabilities. Leveraging service-oriented architecture (SOA), the system's cutting-edge design and virtually unlimited flexibility allow each entity or region to configure business rules based on local requirements and workflow.
Fully SWIFT- and UCP 600-compliant, the entire system is configurable via a standard browser, and provides easily customizable workflow and transaction routing. allTRA fully integrates with allNETT, Surecomp’s Internet-based remote customer front-end system.
Advantages
- Flexible configuration – supports large global multi-entity, multi-branch, multi-language and multi-national installations, as well as hub/spoke and centralized processing configurations.
- Versatile infrastructure – enables easy browser-based creation and maintenance of additional screen fields, list-box values, negotiation workflow, tax and interest rates, fee calculations, validations and rules for bank-specific usage.
- Automated workflow – provides an automated workbasket for pending/flagged transactions that allows “at-a-glance” viewing of all work in progress.
- Image routing – routes images internally within the bank and externally to customers and other entities in the trade finance value chain.
- Versatile printing – supports printing of any customer or bank output, including images, tables, custom fonts, bar codes and rich-text formatting.
- Integrated messaging – provides electronic messaging via SWIFT, email, fax, telex and printed output.
- State-of-the-art reporting – enables viewing of online reports in PDF format via the application browser at the touch of a button, and utilizes intuitive open schema for custom reporting.
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