M Hoque

International Trade Transaction Solution

International Trade Transaction Solution (ITTS) was founded in 2013 to assist different participants of Global Trade Business in their day-to-day business activities like trade financing, Trade Management, Trade Compliance etc. The company has corporate office at Chittagong and a branch office at Dhaka, Bangladesh In this age of open information International trade became more competitive, on the other hand continuous changes in laws and regulation around the globe makes international trade more complex. In such a scenario, Importers & Exporters specially from developing countries are facing huge hurdle to make their business sustainable in terms of competitiveness and compliance. International Trade Transaction Solution (ITTS) has build-up unparallelly expertise and strong tie-up with more than 50 banks & FIs around the globe to help the Importers & Exporters to improve their competitiveness to make their business more profitable as well as sustainable. Banks are also experiencing a new era of paper less global trade and digital trade financing, in addition to rapidly changing global sanction policies. Banks in South Asia in general lagging behind in adoption of modern technologies in their trade operation, compare to Banks in developed countries. Main reasons are shortage of skilled human resources and huge capital investment for such technology. ITTS has established effective partnership with different Global trade management solution providers and service providers to make their global standard services and solutions available to banks in Bangladesh as well as in south Asia. ITTS and it's partners specially customized their offerings to address the challenges faced by banks in developing countries in availing global standard solution and services.