Credence Data (www.credencedata.com), a Hong Kong-based fintech and leading trade-risk intelligence platform, has recently conducted an advanced training program on risk management and counterparty due diligence for major 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 fully digital platform, purpose-built for cross-border trade finance. Powered by verified intelligence and real shipment data, the platform enables faster and more reliable decision-making across banking networks.
A central highlight of the session was Insight Lens, Credence’s proprietary AI-enabled assistant that analyses only authenticated data, avoiding unverified third-party sources. The tool assists credit and trade finance teams in instantly interpreting report findings, bridging experience gaps, and improving decision consistency.
Another key feature showcased was multi-branch collaboration, which allows all branches of a bank to securely access and reuse intelligence reports through a shared digital repository. This capability directly supports Bangladesh Bank’s directive to centralize credit intelligence and lower the overall cost of doing business across the financial sector.
Divya Tailang, Co-founder of Credence Data, said:
“As a risk management company, we don’t just provide business intelligence reports — we deliver a complete risk management and decision-support ecosystem built 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 in alignment with Bangladesh Bank’s vision for a unified credit intelligence framework.”
Md. Raisul Amin, SEVP & Head of CTPC, Bank Asia PLC, remarked:
“The Credence Data training was highly insightful. Their digital approach and instant analysis tools will strengthen our due diligence, improve productivity, and enhance turnaround time in trade finance operations.”
Through such initiatives, Credence Data continues to advance digital risk intelligence adoption in Bangladesh’s banking sector, supporting transparency, compliance, and smarter credit decision-making.
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