London, July 31, 2014 – Surecomp®, the leading global provider of trade finance solutions for banks and corporations, announced today that IMEX®, its high-volume back-office trade finance solution, has been award the “SWIFT Certified Application – Trade Finance” label for a 16th consecutive year.
The SWIFT Certified program provides accreditation to companies that provide various SWIFT-related services and solutions to end customers. SWIFT checks compliance with relevant quality criteria and standards, and awards SWIFT Certified labels for qualifying applications and specialists. SWIFT is the Society for Worldwide Interbank Financial Telecommunication, a member-owned cooperative through which the financial world conducts its business operations with speed, certainty and confidence.
“Receiving SWIFT accreditation for IMEX for 16 straight years is an accomplishment that points to the world-class caliber and ongoing commitment of Surecomp’s trade finance and IT professionals,” said Joel Koschitzky, Surecomp Chairman. “Our market-leading back-office solution that has been adopted by major banks worldwide, IMEX helps banks with high volumes of trade finance activity to improve throughput, productivity and profitability.”
SWIFT is a member-owned cooperative that provides the communications platform, products and services to connect more than 10,500 banking organizations, securities institutions and corporate customers in 215 countries and territories. SWIFT enables its users to exchange automated, standardized financial information securely and reliably, thereby lowering costs, reducing operational risk and eliminating operational inefficiencies. SWIFT also brings the financial community together to work collaboratively to shape market practice, define standards and debate issues of mutual interest. For additional information, visit www.swift.com.
IMEX® is the world’s leading back-office trade finance system designed for global, regional and local banks with high volumes of trade finance activity. Serving as a real-time processing and decision-support system, IMEX is a comprehensive back-office solution that fully addresses the diverse needs of a bank’s trade services department. With unlimited scalability, IMEX supports issued and received letters of credit (L/Cs), standbys, clean and documentary collections, clean payments, guarantees, reimbursements, syndications and participations. Available on UNIX and mainframe platforms, IMEX seamlessly interfaces to allNETT®, Surecomp’s multi-customer bank front-end trade finance system.
Surecomp is the leading global provider of trade finance solutions for banks and corporations. A market pioneer for over 25 years, Surecomp maintains a proven track record delivering innovative solutions worldwide. With a global network of regional offices and six state-of-the-art development centers, Surecomp successfully supports hundreds of installations in over 80 countries. Surecomp's integrated portfolio of trade finance and supply chain finance solutions streamlines the transaction lifecycle to minimize costs and maximize profits. For additional information, visit www.surecomp.com.
Surecomp’s full-range of award-winning solutions will be showcased later this year at Sibos 2014, which is to be held in Boston at the Boston Convention & Exhibition Center from September 29 to October 2. Delegates to Sibos 2014 are invited to contact Surecomp and arrange a meeting.