Trade Finance: Data Entry
Automation can streamline the review of trade finance documentation. This process includes extraction of key data elements from trade finance documents — most often, Letters of Credit, Bills of Lading, customs declarations, etc. — and entering data into the downstream system, which can include a limits-checking system, sanctions-screening system, AML negative news system, or other related databases. WorkFusion can extract key attributes from trade finance docs and populate them into other systems.