Newgen's platform for Trade Finance, designed
by industry experts, emerges as a game changer for banks
NOIDA, India, May 13, 2024
/PRNewswire/ -- Newgen Software, a global provider of
a low-code platform for end-to-end automation at scale,
announced that it has been named in the Gartner® Market Guide for
Commercial Banking Cash Management and Trade Finance Solutions,
2023 report.
Gartner describes global banking cash management and trade
finance solutions as "capabilities that support end-to-end
business and product processes, a consistent operating model,
and client services in the corporate treasury and working
capital domains." The report will help bank CIOs gain
insights into the vendor solutions available in the market.
Newgen's Trade Finance Solution, built on the NewgenONE low-code
platform, offers transaction origination, transaction processing,
and document management capabilities. The Swift-Compatible Solution
enables commercial banks to comply with the latest Swift standards
and enriches the journey orchestration for both customers and
internal bank users.
"Newgen excels in delivering operational excellence and
unifying customer experience with its advanced trade finance
solution. We believe this Gartner recognition reaffirms the
critical role our innovative solutions play in creating a connected
digital ecosystem and fulfilling the unique requirements of our
commercial clients," said Runki Goswami, Global Head
of Marketing at Newgen Software.
Disclaimer: GARTNER is a registered trademark and
service mark of Gartner, Inc. and/or its affiliates in the U.S. and
internationally and is used herein with permission. All rights
reserved. Gartner does not endorse any vendor, product, or service
depicted in its research publications and does not advise
technology users to select only those vendors with the highest
ratings or other designation. Gartner's research publications
consist of the opinions of Gartner's research organization and
should not be construed as statements of fact. Gartner disclaims
all warranties, expressed or implied, with respect to this
research, including any warranties of merchantability or fitness
for a particular purpose.
About Newgen Software Technologies Ltd.
Newgen is the leading provider of a unified digital
transformation platform with native process automation, content
services, communication management, and AI/ML. Globally, successful
enterprises rely on Newgen's industry-recognized low-code
application platform to develop and deploy complex, content-driven,
and customer-engaging business applications. Newgen unlocks simple
with speed and agility.
For more details, visit www.newgensoft.com
Media Contact: swati.srivastava@newgensoft.com
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