trade Finance

1. BarodaINSTA
Global Trade Finance Solution

2. BarodaINSTA
© 2017 Bank of Baroda. All Rights Reserved Page | 2
Operational
Excellence in
Trade Finance
Automation to
transform Trade
Services
BarodaINSTA
(Baroda Integrated
Solutions for Trade
Finance Access)
BarodaINSTA

3. © 2017 Bank of Baroda. All Rights Reserved. Page | 3
BarodaINSTA
• Trade Finance Back Office: TFBO is catering to forex business of all 145 Category B
branches and proposed to takeover inland trade finance business of all domestic
branches.
• Core processing: Centralized structure of Trade Operations ensures straight
through processing, better governance and flexibility to meet client
requirements through front end portal.
• Standardized Approach: Standard operating model across the region and for the global
business leading to standard business processes hence ensuring service consistency
while keeping costs under control.
• Better Compliance: Consistency in operations due to standard and automated
processes resulting in enhanced compliance and minimization of human errors.
• Deep domain expertise: Dedicated team of skilled and efficient professionals leading
to specialized services for the clients.
Centralized Trade Operations

4. © 2017 Bank of Baroda. All Rights Reserved. Page | 4
BarodaINSTA
• Streamline trade finance by automating key processes: Alter workflows quickly and
easily to route transactions efficiently at each stage of the lifecycle. SWIFT message,
postings, charge advises, etc. generated automatically on authorization
• Reduce operational cost: Eliminate operational risks and reduce cost of manual
processes with centralized resources and processing to increase operating margin.
• Customer service excellence: Win and retain trade finance business by delivering best-
in-class platform, customized services on client-to-client basis, become more responsive
to clients with total workflow control.
Improving the way we deliver Trade Finance Services from Back-office

5. © 2017 Bank of Baroda. All Rights Reserved. Page | 5
BarodaINSTA
• Dashboard: Customizable and interactive dashboards allows to take control of the
trade processes across the entire business and advanced analytics for monitoring
client business.
• Traditional trade finance: BarodaINSTA supports the most comprehensive set of
traditional trade instruments like letters of credit, standbys and guarantees,
collections, remittances, reimbursements and bankers’ acceptances.
• Front to back integration: BarodaINSTA routes messages from customer channels
into back office workflows with full Straight Through Processing.

6. © 2017 Bank of Baroda. All Rights Reserved. Page | 6
BarodaINSTA
Front-end Portal - Dashboards

7. © 2017 Bank of Baroda. All Rights Reserved. Page | 7
BarodaINSTA
Front-end Portal – Dashboards
ANALYTICS

8. © 2017 Bank of Baroda. All Rights Reserved. Page | 8
BarodaINSTA
Back Office - Dashboards

9. © 2017 Bank of Baroda. All Rights Reserved. Page | 9
BarodaINSTA
A specialized online platform that enables Corporates to submit Trade Finance
transaction requests
• End to End Management – Seamless Transaction Management from request initiation
to successful execution. Request will directly flow to Back Office who will complete
processes for completion of transaction
• Security – Manage trade in a secure environment and control who has access to it
• Convenience – User friendly application to manage daily transactions; attractive and
convenient dashboards; standard and customized templates
• Reports and MIS – Customized and comprehensive reports and real time tracking of
transactions
• Alert – Notifications and email alerts
Online Transaction Platform for Trade Finance

10. © 2017 Bank of Baroda. All Rights Reserved. Page | 10
 Automation of Bank’s trade finance business
 Translating EFFICIENCY into GROWTH
 Latest technology with a modern customization for evolving trade finance business
 Dynamic and user friendly portal providing online access to our clients
 Advanced analytics, dashboards, reports and alerts
 Self-serve features for system administration and password management
 Straight through processing
 Reduced TAT
BarodaINSTA
BarodaINSTA gives us a competitive advantage

11. © 2017 Bank of Baroda. All Rights Reserved. Page | 11
BarodaINSTA
Sequence of events
Events Scheduled date
RFP floated 9th December 2016
Vendor finalized 13th January 2017
Business Requirement Document 22nd June 2017
User Acceptance Testing (UAT) started 14th November 2017
Migration of data from Finacle for 1st phase
launch scheduled on
26th January 2017
Proposed launch for 1st phase (Imports) 29th January 2018

12. Thank You