Seylan Bank selects Finastra to drive digital trade finance and corporate banking

Digital platform will help the bank stay ahead in Sri Lanka’s competitive landscape

London, UK, and Toronto, Canada, 26 September 2017 – Seylan Bank, Sri Lanka’s sixth largest bank, has selected Finastra to help grow its trade and supply chain finance business using FusionBanking Trade Innovation. The bank will also launch a digital corporate banking solution, built on FusionBanking Corporate Channels, to give its corporate clients 24x7 visibility and control over their financial activities.

Operating in Sri Lanka’s fragmented and competitive corporate banking market, Seylan Bank was looking to sharpen its edge. With trade finance being a key priority for customers due to its island economy, the bank is revamping its trade capabilities by bringing new products to market and delivering a more convenient banking experience to speed up access to trade finance for clients. 

To view the full press release, please visit Finastra.com