roomCode
DL4_DS
Room
Discover Stage
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Automation at work: The future for trade operations

The process of Trade Finance Operations has long enough been overlooked and has become more complex and prone to high risks due to regulatory and market trends. Commerzbank, one of the largest German banks with a strong focus on Trade Finance, is one of the first banks to upgrade to the future by implementing advanced automation. Currently, their Trade Finance Operations depend on a strictly manual workforce, but by 2022 their target is to automise 80% of their processes.