ICS BANKS Trade Finance

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2 ICS BANKS Trade Finance is a complete automated front-to-back trade finance solution, which enables banks to automate the processing of all traditional and sophisticated trade finance instruments, including Letters of Credit (LC), Guarantees (LG), and Documentary Bills for Collection (BC). The system fully supports a bank s global and regional transactions processing, thereby ensuring accessibility and control to customers. Users of ICS BANKS Trade Finance enjoy high-volume processing capabilities while reducing processing cost per transaction. The ICS BANKS Trade Finance system handles key modular systems, including: Business-based system ICS BANKS Trade Finance is a business-driven system which enables its clients to receive state-of-the-art financial products and services, which proclaims that for each stage of the trade life cycle there is a correspondent business function. The system is layered with comprehensive trade industry and business functionality, and traditional trade finance instruments such as LC, BC, and LG, providing multi-lingual and multicurrency functions. ICS BANKS Trade Finance inherent centralisation, thin-client and user-friendly system is a pioneer in utilising the latest technology to best serve financial institutions. The system is compliant with the latest industry

3 standards such as SWIFT, URC and UCP. In addition to its embedded Service-Oriented-Architecture (SOA), the system can also operate as a standalone system integrated with other core systems, and any third party applications, and as part of ICS BANKS Core Banking, ICS BANKS Credit Facilities & Risk Groups, ICS BANKS Internet Banking and the Business Process Management solution, BANKS BPM. Customisable workflow management ICS BANKS Trade Finance has been designed with advanced workflow to streamline the entire transaction lifecycle and the overall trade finance operations efficiently. The system consists of a customisable, efficient and productive workflow management that automates the application handling, eliminating manual and paper activities, in order tocomply with the bank s individual and specialised needs. ICS BANKS advanced workflow management facilities provide optimal management controls and world-class customer service. Reduce operating costs & increase profitability ICS BANKS Trade Finance is a Straight-Through-Processing (STP) and cost-effective application; suitable for any financial institution. The system automatically links the trade transaction directly with the SWIFT message generation. It can automatically read from incoming SWIFT messages and engage them to the business process. This reduces the operating cost by the strong integration with SWIFT messages. At the same time, the system is designed to help the banks to process more transactions and data in less time, thus increasing productivity and efficiency. Unlike other systems that request multiple entries to create one trade transaction, ICS BANKS Trade Finance provides automated account entries, automatic creation of advices for all trade parties, and SWIFT messages creations all at one entry. Effective and timely reporting ICS BANKS Trade Finance increases productivity through accurate and timely reporting. The system allows the bank or the financial institution to schedule all LG, LC, BC transactionsreports. Likewise, the user can request an online report for immediate printing or during day-end batch. The integrated reporting function makes it easier to managethe complexity of the bank transactions with a quick and easy process. Comprehensive support ICS BANKS Trade Finance provides comprehensive and fully integrated support for multiple delivery channels. Our delivery channels enable the bank to enhance relationships with customers during the business process and ensure customer acquisition, satisfaction & retention. This includes mail, fax, , internet, mobile, or any other delivery channels devices. Users of ICS BANKS Trade Finance gain a reputable, best-in-class customer support and service

4 provided by ICS BANKS Internet Banking System, and build real competitive edge. ICS BANKS Trade Finance is available for front-to-back office users to review and process customers needs with 24/7 accessibility. In other words, it offers customers access to their fully branded e-banking services to serve their trade transactions at all times quickly and efficiently. Real-time Credit Risk Management ICS BANKS Trade Finance delivers real-time automatic limit validation through its credit risk management system. Credit risk management is maintained on five levels (Group, Group Detail, Customer Facility, Facility Details and Account) to utilise and monitor facilities, line limits and group limits in real time. Each of these levels can be in a different currency. Also, ICS BANKS Trade Finance facilitates the bank with automatic update of the risk limit operated from various trade finance functions, where the system provides the option of monitoring the limits with other banks. Guarantor and collaterals defaults are also maintained and monitored for their used amounts, revision dates and revaluation periods. Credit facility lines can report in groups that represent countries, banks or any other entity, where each group has a unique transaction process control. Rapid implementation For each bank and each country, there are specialised needs and regulations, ICS BANKS Trade Finance off-the-shelf solution endorses these needs by easy and fast deployment of the system, reducing time-to-value and delivering results quickly for real-time business processing. ICS BANKS deployment is based on using specific tools and tested methodologies for conducting gap analysis, and formulating a migration roadmap for banks. Our approach uses global and standard banking methodologies and practices, with emphases on local requirements and regulations, whereas our support is provided throughout the pre-and-post solution deployment phases. Competitive financing functions ICS BANKS Trade Finance provides user-friendly, parameterised and fully featured solutions for banks and financial institutions. The system offers sophisticated range of financing functions to meet the importer and exporter s needs including Loan against Trust Receipts (LTR), Shipping Guarantee, LCs Refinancing, Interest calculation, repayment methods and many more. The flexibility of ICS BANKS Trade Finance can be used to seamlessly service the financing requests of the beneficiaries in minimal time needed to validate the requests.

5 Dynamic Advices The process of requesting a new advice creation from any traditional reporting tool would be costly, time consuming, Labor intensive and may lead to expensive maintenance for the bank. ICS BANKS Dynamic Advices Builder, which is integrated with ICS BANKS Trade Finance, has great flexibility that reduces the significant cost and time for banks and banks customers.the system enables the end user (bank) to design and customise their own advice easily by using their preferred web browser or familiar desktop tools gripping the data needed from any ICS BANKS system, such as ICS BANKS Core banking, Trade Finance, Investment and Treasury and many more. Moreover, the bank can customise advices according to their needs in an Easier and Faster way. The system also produces advices in different file formats that can be sent to multiple destinations. Multi-lingual system ICS BANKS Trade Finance supports multi-lingual functions where the user can enter inputs in a certain language while outputs can be presented to other bank or customer in different language - their used language. The system provides innovative products and features that are beneficial to the bank and its trade services, and can be configured to reflect the bank s trade operations. Value-added services (VAS) In order to remain competitive, ICS BANKS Trade Finance embraces various procedures according to the bank s policy such as revenue recognition, capture SWIFT data and creation of SWIFT messages to enable seamless connectivity, ready templates, mail letters, and fast processing. It offers supreme fully branded e-banking services to keep pace with the agility of the financial sector and allow customers to monitor their accounts, i.e. access the bank s website to perform any of the virtual banking functions. All different types of charges and commissions are fully parameterised, while automated commission procedures act upon rules and conditional logic of the bank. ICS FINANCIAL SYSTEMS LTD Copyright 2013 by ICS Financial Systems Ltd. All rights reserved. No Part of this document may be reproduced or transmitted in any form or by any means without prior permission in writing from ICS Financial Systems Ltd.

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