Impactsure and Tesselate Forge Strategic Alliance to Revolutionize Corporate Banking and Trade Finance with AI/ML + NLP Data Analytics

France-based Tesselate and India’s Impactsure have joined forces in a transformative strategic partnership aimed at reshaping the landscape of data-driven decision-making in Corporate Banking, Trade, and Supply Chain Finance. Leveraging Tesselate's global expertise in Corporate Banking and their interoperability solution hive.t, combined with Impactsure's state-of-the-art AI/ML and NLP capabilities, this collaboration empowers organizations with seamless, rapid, and efficient operational insights.

The synergy at the core of the Tesselate and Impactsure partnership is founded on a shared commitment to innovation and the pursuit of excellence in delivering the most effective tools to enhance Corporate Banking effectiveness. According to the World Trade Organization (WTO), 80-90% of global trade relies on Trade Credit, Insurance, and Guarantees. Many of these operations involve escalating levels of paperwork, duplicated efforts, wasteful labor, error-prone processes, and adherence to stringent regulations.

Hive.t ensures the smooth integration of Impactsure's AI/ML + NLP-enabled Secure Unified Responsive Engine (SURE) for Commercial Banking and Trade Finance. SURE contextually extracts, processes, classifies, scrutinizes, and validates structured and unstructured data from documents in various file formats and types. It facilitates quick, insightful decision-making in scrutinizing and analyzing complex documents, reducing documentation processing time from hours to mere minutes.

"We firmly believe in the transformative potential of data to shape the future. Our collaboration with Impactsure marks a significant milestone in our journey to deliver actionable insights," remarked Casimir Veisblat, Head of Innovation and Corporate Banking Advisory Department at Tesselate.

Impactsure's technology streamlines digital data processing, enhancing the quality of information available to decision-makers. This partnership opens new horizons for organizations looking to unlock the full potential of their data.

Dharmarajan Sankara Subrahmanian, Chief Executive Officer of Impactsure Technologies, stated, "Impactsure’s solutions empower banks and financial institutions with secure data extraction, document processing, and analytics for faster and more accurate decision-making. We are excited and confident that Tesselate’s deep experience and global connections will help unveil numerous use cases where the combined power of our solutions will enable banks to achieve superior business and compliance outcomes, along with higher transaction volumes and insights."

About Tesselate

With over a decade of experience in consulting and managing technological projects dedicated to the financial sector, Tesselate specializes in Corporate Banking – Trade Finance, Supply Chain Finance, SME Lending, Syndicated Lending, and Cash Management. The Tesselate Group offers profound experience in managing complex projects, aiding Financial Institutions in meeting organizational and operational changes to support business growth. With a keen understanding of banking processes, Tesselate implements cutting-edge technology to streamline operations, bringing added value to companies and their customers. Hive.t serves as the interoperability brand of the Tesselate Group.

About Impactsure

Impactsure propels digital transformation for banks, financial institutions, and corporates to enhance business outcomes, customer experiences, operational excellence, and regulatory compliance. Utilizing Artificial Intelligence, Machine Learning, Neural Networks, NLP, and Generative AI technologies, Impactsure builds user-centric, scalable, and secure solutions developed by experts with vast experience in analytics, domain specialization, and technology. Impactsure’s solutions cover Digital Onboarding, Credit and Loan Origination, Financial Spreading, Trade Processes, and more.

For more information, visit www.impactsure.com.