Finastra

Singapore – October 21, 2026 -- BRAC Bank, one of Bangladesh's leading private commercial banks, has gone live with Finastra's Trade Innovation and Corporate Channels and Conpend's Trade AI solutions, replacing fragmented trade finance processes with a single integrated digital platform.

The bank moved to modernize its trade finance operations as trade volumes grow and customer expectations change. Its aims are higher efficiency and a scalable base for future growth. The platform is designed to raise straight-through processing and improve visibility across the trade finance lifecycle.

Platform targets ISO 20022 and Swift SR2026 compliance

The deployment is meant to speed up the rollout of new services while supporting compliance with evolving industry standards, including ISO 20022 and Swift SR2026 requirements.

Las Vegas – October 19, 2026 -- Finastra launched StandbyX at Money 20/20, a cloud-enabled product that lets U.S. banks digitize standby letter of credit (SBLC) processing without deploying a full trade finance platform.

StandbyX targets regional and mid-sized banks still running manual SBLC workflows

Larger institutions typically handle SBLCs alongside broader trade finance operations on platforms such as Finastra's Trade Innovation. Many regional and mid-sized U.S. banks still rely on manual or semi-manual processes, which Finastra says create operational inefficiencies, increase risk and limit scalability.

Miami – September 28, 2026 -- Finastra unveiled a new Supply Chain Finance (SCF) solution at Sibos 2026, aiming to help banks scale working capital programs and accelerate time to market through cloud, AI and API-enabled infrastructure.

Platform integrates with Trade Innovation and Loan IQ via Nexus API suite

The end-to-end SCF platform supports buyer and supplier acquisition, onboarding, fulfillment, servicing, risk management and secondary market distribution. It connects with ERP systems and trade ecosystem partners through Finastra's Nexus API suite, and is built on a cloud-native architecture with deployment options ranging from on-premise to SaaS.

London – September 17, 2026 -- Finastra has partnered with Komgo to connect their respective trade finance platforms through an open API layer called Trade Innovation Nexus, targeting inefficiencies caused by fragmented systems and manual processing across bank and corporate trade workflows.

Nexus API links Komgo's Konsole platform with Finastra's Trade Innovation system

The integration connects Komgo's Konsole digital trade finance platform with Finastra's Trade Innovation solution without requiring changes to existing bank infrastructure. The companies state the link will reduce transaction times, onboarding delays and manual exceptions through automated workflows, while adding built-in regulatory checks and audit-readiness features.