Union Systems Limited has unveiled a new suite of product innovations aimed at reshaping how Nigerian banks manage trade finance and treasury operations, reinforcing its position as a key player in the country’s financial technology ecosystem.

The new solutions are designed to address long-standing inefficiencies in Nigeria’s banking sector, including fragmented legacy systems, regulatory complexity, and pressure to improve transaction speed while controlling operational costs.

Chuks Onyebuchi, Chief Executive Officer of Union Systems, said the company’s focus has always been to build technology tailored to the specific realities of the Nigerian financial system.

“Nigeria’s banking ecosystem deserves more than generic trade finance and treasury applications,” Onyebuchi said, “It deserves technology built with a deep understanding of our markets, our regulations, and our regional realities. For over two decades, that has been our singular mission, to bring sanity to trade finance and treasury operations and transform how banks manage these critical functions.”

AI Upgrade for Kachasi Trade Finance Platform

A major highlight of the event was the announcement of enhanced capabilities for Kachasi, the company’s flagship trade finance platform.

The upgraded system now includes artificial intelligence-powered document screening for shipping and trade documentation, enabling automated verification, compliance checks, and faster processing of trade transactions.

The improvements are expected to reduce manual workload significantly while improving accuracy and turnaround time for banks processing trade finance operations.

Kachasi’s reporting engine has also been enhanced with AI-driven business intelligence tools, allowing financial institutions to identify revenue opportunities, manage risks more effectively, and make more informed strategic decisions.

Kachasi-as-a-Service Moves to the Cloud

Union Systems also introduced Kachasi-as-a-Service (KaaS), a cloud-based subscription model designed to lower the barrier to adoption for banks seeking advanced trade finance infrastructure.

The model allows financial institutions to choose between traditional on-premise deployment and cloud-based access, offering greater flexibility in how the system is implemented.

According to the company, the cloud approach reduces infrastructure costs while enabling banks to automate trade finance processes more efficiently and scale operations with greater agility.

Onyebuchi added that for more than two decades, the company has worked to streamline trade finance and treasury operations, helping banks improve efficiency and compliance in critical financial processes.

Union Systems’ software currently supports several major Nigerian banks, including Fidelity Bank, FCMB, Wema Bank, Coronation Merchant Bank, Rand Merchant Bank Nigeria, Premium Trust Bank, and Signature Bank.

Egora Treasury Platform Expands Front-to-Back Visibility

The company also showcased Egora, its treasury management system designed to unify fragmented treasury operations into a single, integrated platform.

Egora provides banks with a consolidated view of cash positions, securities, and risk exposure across trading, banking, and investment portfolios.

Built with a focus on regional market complexity, the system includes retail treasury functionality as part of its standard offering, enabling banks to manage both institutional and retail treasury operations within a single environment.

USL Academy to Strengthen Institutional Capacity

To complement its technology offerings, Union Systems introduced USL Academy, a training initiative designed to improve user proficiency across its software suite.

The programme will deliver role-based, practical training for banking professionals, combining technical instruction with real-world operational scenarios.

The aim is to ensure that institutions fully maximise their technology investments by embedding knowledge across teams rather than limiting expertise to a few specialists.

The latest announcements underscore Union Systems’ ambition to move beyond traditional software provision and become a long-term transformation partner for banks navigating digital change.

By integrating artificial intelligence, cloud deployment models, and structured training into its ecosystem, the company is positioning itself at the centre of Nigeria’s evolving trade finance and treasury landscape.

Talking Points

It is significant that Union Systems continues to deepen its investment in purpose-built trade finance and treasury infrastructure, addressing long-standing inefficiencies in how Nigerian banks process critical financial operations.

The introduction of AI-powered capabilities within the Kachasi platform reflects a clear shift towards automation in trade finance, where manual document processing and compliance checks have traditionally slowed down transaction cycles.

At Techparley, we see this as part of a broader transformation in African banking technology, where institutions are increasingly moving from fragmented legacy systems to integrated, intelligence-driven platforms.

The rollout of cloud-based deployment through Kachasi-as-a-Service also signals an important shift in how financial institutions consume enterprise software, lowering infrastructure barriers while improving scalability and access.

As Union Systems expands its ecosystem, there is an opportunity to accelerate impact through deeper collaboration with financial institutions seeking not just software, but structured pathways to operational transformation.

With sustained execution, the company is positioning itself as a key enabler of modern banking infrastructure in Nigeria’s evolving financial services landscape.

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