WELLS FARGO TO LEVERAGE TRADESUN’S SOLUTION FOR NEW BUSINESS GROWTH

KUALA LUMPUR, April 17 (Bernama) -- TradeSun, the artificial intelligence (AI) leader in global trade and Wells Fargo, a financial services company, have entered into an agreement that will enable Wells Fargo to leverage the industry leading trade finance and compliance digitisation solution from TradeSun.

In a statement, TradeSun said its trade-focused AI will help deliver Wells Fargo’s goals by automating manual processes that will increase capacity to drive new business.

“Through our voyage with Wells Fargo, we have learned how efficiently they operate. I am personally driven to ensure the TradeSun AI platform continues to accelerate their leadership in the market.

“At TradeSun, we are inspired by Wells Fargo’s decision to invest in this relationship. It is a powerful validation of TradeSun’s innovation in digitising global trade finance,” said TradeSun Founder and Chief Executive Officer, Nigel Hook.

Meanwhile, Wells Fargo Head of Commercial Banking Client Insights and Commercial Lending Product Management group, Kiran Vuppu said the company is designing and delivering innovative products to serve its clients in a more streamlined way across all channels.

“One way our team is leading this work is by leveraging AI to enhance our clients’ experience and working with TradeSun is a key part of that strategy,” he added.

Wells Fargo will utilise the TradeSun AI platform to digitise, extract, validate as well as classify unstructured data for use with compliance and document checking.

TradeSun’s major new release is reinventing trade finance digitalisation as it breaks new ground in the world of cognitive data capture and intelligent process automation and takes compliance screening and document checking to new levels.

-- BERNAMA