Dhaka : Credence Data (www.credencedata.com), a Hong Kong-based fintech and leading trade-risk intelligence platform, recently conducted an advanced training program on risk management and counterparty due diligence for prominent banks in Bangladesh. Participating institutions included City Bank Plc, Bank Asia Plc, The Premier Bank PLC, and Modhumoti Bank PLC
The training demonstrated how banks can move beyond static PDF reports by leveraging Credence’s digital platform — purpose-built for cross-border trade finance, powered by verified intelligence and actual shipment data. A key focus was Insight Lens, Credence’s proprietary AI-enabled assistant, which analyses only authenticated data and avoids unverified third-party sources. The tool enables credit and trade finance teams to instantly interpret report findings, helping bridge experience gaps and enabling faster, more consistent decision-making.
Another major highlight was Credence’s multi-branch collaboration feature, which allows all branches of a bank to securely access and reuse reports via a shared digital repository — directly aligning with Bangladesh Bank’s directive to centralize credit intelligence and lower the cost of doing business across the financial sector.
Divya Tailang, Co-founder, Credence Data said, ‘As a risk management company, we don’t just provide business intelligence reports — we deliver a full risk management and decision-support system designed for today’s fast-moving trade and credit environment. Our goal is to empower banks with fresh, decision-ready intelligence that reduces both risk and turnaround time. By combining verified trade data with AI-driven insights through Insight Lens, we’re helping institutions make confident lending and trade finance decisions, fully aligned with Bangladesh Bank’s vision for a unified credit intelligence ecosystem.”
Md. Raisul Amin, SEVP & Head of CTPC, Bank Asia PLC said, “The Credence Data training was highly insightful. Their digital approach and instant report analysis tools will help us strengthen due diligence, enhance productivity, and improve turnaround time in trade finance operations.”
