1.1 Background

Oracle Financial Services Software Ltd has developed Oracle Banking Trade Finance Cloud Service (OBTFCS), which is a comprehensive solution for managing Trade Finance operations for Banks.

Oracle Banking Trade Finance Cloud Service is an online Real-time solution and is enabled for a multi-entity, multi-currency, multi-lingual operations. OBTFCS is built on highly adaptable and modular architecture with leading edge industry standards and supports multi-tenancy deployments.

OBTFCS offers financial institutions, the flexibility to adapt to changing regulatory reforms in Trade Finance markets and enable banks to improve their overall operational efficiency. OBTFCS provides end-to-end capabilities for diverse range of Trade Finance Instruments in Documentary Credits, Documentary Collections, Guarantees and Stand-by-LCs products.