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Trade finance is more complex than ever, and the stakes for getting it right are high. Manual processes, stringent regulations, and the constant risk of fraud leave financial institutions scrambling to keep up. Enter Pelican.ai - harnessing the power of Generative AI (Gen AI) to turbocharge efficiency, slash compliance headaches, and future-proof operations.
Pelican's Gen AI: Key Innovations
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- Meet the Trade Operations Co-Pilot
Pelican’s Co-Pilot isn’t just another tool—it’s a game changer. Acting as a digital assistant, it supports operators by providing key insights into regulations, system functionality, and operational checks. More than just a helper, it offers live analytics, helping operators uncover trends and gain a deeper understanding of their trade flows.
Need to get your team up to speed?
The Co-Pilot takes training to the next level, helping staff master complex regulations and product nuances, all while boosting day-to-day efficiency.
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- Proactive Risk Management
With Pelican AI, risk management isn’t reactive—it’s proactive. KYC processes are automated, customer data is gathered and analysed from multiple sources, and risk ratings are updated in real-time.
High-risk customers and dodgy transactions?
Spotted and flagged long before they can cause damage. Pelican’s predictive analytics go one step further, identifying future risks by detecting patterns that suggest money laundering, sanctions breaches, or fraud. It’s like having a crystal ball for trade finance, spotting trouble before it strikes.
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- Next-Level Compliance and Reporting
Compliance reporting has never been easier. Pelican’s Gen AI generates Suspicious Activity Reports (SARs) automatically, summarizing suspicious activities with precision and speed. Automated reporting keeps financial institutions compliant with constantly shifting regulations - no sweat, no endless admin.
Pelican doesn’t just report—it’s a compliance powerhouse.
Acting as a virtual regulatory expert, it tracks and adapts to new laws, ensuring that your institution is always ahead of the curve.
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- The Compliance Co-Pilot
Need to stay on top of compliance? Pelican’s Compliance Co-Pilot has your back. It not only assists with understanding complex regulations but also automates investigations. The Co-Pilot digs deep into transaction histories, researching flagged entities and identifying anomalies faster than any manual process could.
With Pelican’s AI, compliance teams can run interactive analyses, diving deep into trade data to uncover patterns, gain insights, and solve problems quicker than ever before.
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- Fast-Track Financial Document Drafting
Drafting financial instruments like Standby Letters of Credit (SBLCs) and guarantees is no longer a chore. Pelican’s Gen AI generates these documents to meet institutional and regulatory standards with ease, dramatically cutting down on time and effort.
Worried about hidden issues in contracts?
Pelican’s AI can vet documents, flagging clauses or inconsistencies that might cause problems down the line. It’s document drafting, redefined.
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Conclusion
Pelican AI is not just keeping up with the future of trade finance—it’s defining it. By automating the mundane, sharpening compliance, and offering predictive insights, Pelican’s Gen AI allows financial institutions to focus on what really matters—strategic growth. In a world where trade finance is more challenging by the day, Pelican AI makes it faster, smarter, and infinitely more secure.
The future of trade finance is here, and it’s powered by Pelican.
Meet us @Sibos 2024
Let's meet during Sibos 2024 in Beijing. Pelican experts will be happy to schedule a one-on-one session with you. Please click here to set up a meeting.
About PelicanAI
Pelican AI is a leading provider of innovative financial technology solutions. With a focus on security, compliance, and customer experience, Pelican is committed to helping financial institutions navigate the complexities of the real-time digital age.
For further information please contact:
Pelican Marketing
Tel: +44 208 947 7200
Email: marketing@pelican.ai
