Recognized for Star Performance (New Entrant) in the Transaction Banking (Trade Finance) category Mumbai, June 21, 2022: Impactsure Technologies Private Limited (Impactsure), an Artificial Intelligence (AI) and Machine Learning (ML) powered digitization and analytics company that simplifies complex operations in corporate banking and trade finance has been recognized as the Star Performance (new entrant) of the Transaction Banking (Trade Finance) category in the coveted Annual IBSi Annual Sales
League Table 2022. For over 20 years, the SLT has been considered the most authoritative ensemble of financial technology supplier sales performance across the banking industry. Impactsure’s award-winning products are secure and modular and used by banks to scrutinize vet, and process documents used in transaction banking, trade, and issuing bank guarantees. The Impactsure proprietary engine, SURE (Secure Unified Responsive Engine), is a patent-pending AI/ML +Natural Language Processing (NLP) tool that derives insights from structured and unstructured data in many formats. It enables customers to identify, classify, recommend, match and trigger exceptions based on
all the documents required in financial transactions. These products are easy to integrate into the existing systems without the bank having to invest in technology overhauls. They help automate manually intensive and error-prone activities that are subject to strict compliance regulations. Commenting on Impactsure’s performance, Robin Amlôt, Managing Editor of IBS Intelligence, commented, “Impactsure Technologies has carved out a significant role in the post-pandemic global economy. Its solution SureMatch is an AI-powered tool that speeds the processing of complex documentation involved in trade finance. The company has rightly been identified in IBS Intelligence’s Sales League Table 2022, taking the accolade of Star Performance | SLT New Entrant | Transaction Banking (Trade Finance). Reacting to the recognition, S. Dharmarajan, CEO of Impactsure Technologies stated, “We are very excited at this recognition for Star Performance so early in our journey, and feature alongside global leaders. It is a true reflection of Impactsure’s innovation-driven approach to redefining the relationship between humans, machines, and processes through cutting-edge technology and analytics. This is in line
with our objective of helping people and organizations Interpret Information. Intelligently, Insightfully.” Impactsure has entered into several strategic alliances and partnerships with established players in the tech market, including Google, Deloitte, Microsoft, and Amazon, to expand its reach and impact. Impactsure also bagged the Best Trade Finance Implementation Award for the Best Adoption of Tools& Governance, at IBS Intelligence Global FinTech Innovation Awards 2021. For the three-year-old
Impactsure, and recognition among global leaders, reinforce its solutions-focused business mission of interpreting information, enabling innovation, and transforming ideas to digitize products and applications through technology and analytical services. IBS Intelligence’s Annual Sales League Table is a widely-accepted industry benchmark for the
performance of global banking technology solutions. The IBS SLT 2022 includes systems purchases made by over 1000+ banks across 250+ products from 60 suppliers across the Americas, Europe, the Middle East, Africa, APAC, and ASEAN. The number of deals evaluated this year was 1,900+, reported across 134 countries globally. About Impactsure Technologies Impactsure creates AI products for banks, financial institutions, and corporates to enable digital transformation. The Company uses the latest AI/ML and NLP technologies to build user-centric tools and scalable and secure solutions. These offerings are developed by experts who have vast experience in multiple domains, technology, and analytics; they empower clients to deliver valuable business and operational outcomes. To know more about Impactsure, log on to: www.impactsure.comAbout IBS Intelligence Established in 1991, UK-headquartered IBS Intelligence is the leading global pure-play FinancialTechnology research, news analysis, and advisory firm. IBSA’s Sales League Table is considered the global industry barometer ranking leading banking technology suppliers. Its research reports comprehensively cover international suppliers across all Banking Technology & Financial Technology systems and are also distributed by Thomson Reuters, Bloomberg, and S&P Capital IQ. IBSA’s Innovation Lab in Dubai brings banks and suppliers together with an opportunity to access the Middle East market and to test and experience global Financial Technology products within the region.
The group company, Cedar, is a global management consulting firm with deep expertise in formulating and executing a business strategy for financial services clients worldwide with a significant focus on leading their technology and digital transformation. To know more about IBS Intelligence, log on to: https://ibsintelligence.com/For further information, please write to kartik@indiaeverbright.com