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Triterras Selects Unqork to Modernize Its Trade Finance Platform with No-Code Solutions

Triterras Selects Unqork to Modernize Its Trade Finance Platform with No-Code Solutions
Triterras will use Unqork to scale its Kratos platform using no-code, beginning with client onboarding, to enhance the end-to-end trading lifecycle

Triterras Inc. a leading fintech company focused on trade and trade finance, and Unqork, the leading no-code enterprise application platform, today announced they have entered a partnership to further digitize global trade finance. Unqork will be used to enhance the end-to-end trading lifecycle of Triterras’ Kratos platform, one of the largest trading and trade finance platforms in the world. By incorporating Unqork’s simple ‘drag and drop’ interface, Triterras will be able to offer better efficiency and improve outcomes for both lenders and traders.

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Triterras will kick off its work with Unqork by building new client onboarding processes on its Kratos platform. Client onboarding is an integral undertaking for all financial service institutions, yet rigid, fluctuating protocols have often hindered digital adoption. Through Unqork, Triterras will be able to quickly develop client onboarding applications with more flexibility as industry regulations change for a seamless customer experience.

Customer onboarding will be just the first step in Triterras’ larger digital transformation initiative for the Kratos Platform. Down the line, Triterras plans to migrate risk and fraud mitigation, trade digitization, transaction tracking and more—using Unqork.

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“By leveraging Unqork’s no-code platform, Triterras plans to accelerate the way SME clients and lenders are able to transact online,” said Sri Vasireddy, Chief Technology Officer, Triterras. “Our business model is to bring new trade finance lending to underserved or underbanked market segments. Our partnership with Unqork will allow us to further our mission to provide tech-forward lending solutions that are accessible to the world of micro-lending.”

“Unqork has proven experience accelerating our customers’ time-to-market with our Codeless Architecture approach, enabling the delivery of premium, future-proof applications in record time,” said Matt Singleton, Head of Financial Services, Unqork. “We’re proud to partner with Triterras to deliver market-leading offerings on the Kratos platform that will enable Triterras to bring their expertise and solutions to their customers in an innovative and rapid way.”

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