Double transaction volume throughput without increasing headcount
Achieve industry-leading straight-through processing (STP) rate of over 92%
Reduce operating costs by 30% via increased efficiency
Limit operational risk via credit and operational control
Capture customer business flows by delivering end-to-end online service
Build competitive edge with innovative Web-based client access
Overview
IMEX® is the world’s leading back-office trade finance solution designed for financial institutions with high volumes of trade 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 financial institution's trade services department. IMEX® handles the entire range of trade finance transactions – including issued and received letters of credit, standbys, clean and documentary collections, clean payments, guarantees, reimbursements, syndications and participations – and supports both integrated and stand-alone financing, discounting and forfeiting.
Conforming to major international regulations – including UCP 500/600/522, URR 525 and ISP 98 – IMEX® is a SWIFTReady Gold-accredited. IMEX® helps banks meet evolving trends such as supply chain finance (SCF) and supports the SWIFTNet Trade Services Utility (TSU) initiative.
IMEX trade finance system provides all required modules in one open, integrated system, leading to seamless consolidation of data across various transaction types. Equipped with advanced monitoring and control tools, IMEX® is a thin-client system, requiring no software installation on user workstations other than a standard browser. Adopted by major banks worldwide, IMEX® vastly improves throughput, productivity and profitability.
Surecomp consistently devotes a high percentage of revenues to ongoing R&D, ensuring that IMEX® retains its position as the world’s leading back-office trade finance system and that IMEX® clients can fully leverage their initial investment.
Advantages
High STP level
– enables automatic processing of several types of SWIFT messages and automatic data mapping of incoming messages and electronic banking transactions.
User-friendly system
– features a fully Web-enabled browser user interface (BUI), context-sensitive multi-language help facilities, and a system-wide “search and retrieve” function.
Bank system interfaces
– interface easily with all internal and external systems including communications, treasury, accounting, security and others.
Multi-entity solution
– supports multi-bank, multi-country, and multi-branch configurations.
Workflow management system
– supports domestic, regional or global hub-and-spoke operations.
Fully integrated data warehouse
– facilitates user creation of any ad hoc or scheduled report.
Web-based front end
– integrates seamlessly with allNETT®, Surecomp's Web-based customer front-end trade finance system and other industry-standard front-end products.
