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Newgen Software Recognized in Gartner’s 2023 Market Guide for Banking Solutions

newgen

Newgen Software, a global leader in low-code platforms for comprehensive automation, has been featured in the 2023 Gartner® Market Guide for Commercial Banking Cash Management and Trade Finance Solutions. Gartner defines these solutions as those that facilitate complete business and product processes, maintain a consistent operating model, and offer client services within the corporate treasury and working capital sectors. This report aims to provide bank CIOs with valuable insights into the available vendor solutions.

Newgen’s Trade Finance Solution, built on the NewgenONE low-code platform, includes features for transaction origination, processing, and document management. Additionally, the Swift-Compatible Solution helps commercial banks meet the latest Swift standards, enhancing the experience for both customers and internal bank users.

“Newgen excels in delivering operational excellence and unifying customer experience with its advanced trade finance solution. We believe this Gartner recognition reaffirms the critical role our innovative solutions play in creating a connected digital ecosystem and fulfilling the unique requirements of our commercial clients,” said Runki Goswami, Global Head of Marketing at Newgen Software.