Having developed a Trade Finance Solution in conjunction with a few major UAE banks, Raqmiyat enjoyed over 30 man-years of know-how on Trade Finance solutions. The solution was first implemented in the year 1989 and is still used by several banks.

Currently Raqmiyat is in the process of embarking into a phase of re-engineering a new Trade Finance System using the latest state-of-the-art technologies.

The business trends in banking today are oriented towards going beyond customer expectations. Moreover, globalization has led to increased volumes of transactions, which make automation a prerequisite for all key-banking operations. The new system will be a complete, state-of-the-art, user-friendly solution that will enable a bank to effectively automate and streamline trade finance operations. The primary objective of Raqmiyat is to help the banks enhance productivity by facilitating speedy information capture and reducing the turnaround time typically required for documentary credits.