Hamburg, Germany – August 8, 2013 – Surecomp®, a leading provider of global trade solutions for banks and corporations, announced today that COR-TF®, the Company’s multi-bank corporate trade finance solution, has been awarded the SWIFT Certified Application for Corporates – Trade and Supply Chain Finance label for a second consecutive year.
Adding further value to the globally recognized accreditation label, SWIFT rebranded its certification program as SWIFT Certified Applications this year. The strengthening of this unique and highly valued accreditation is in line with the global cooperative’s aim of certifying select third-party applications to ensure that they meet well-defined requirements around SWIFT standards, messaging and connectivity.
Recognized as the premium trade finance solution for diversified enterprises, COR-TF is ideal for multi-national corporations working with a large number of international banks. The solution provides large enterprises with a single view of the volume and structure of their trade finance operations, while enabling them to streamline electronic communications with banks on a global scale. COR-TF is capable of adapting its configuration to meet the most complex of corporate setups.
“This accreditation is significant for COR-TF, and boosts our position as a leading innovator and developer of trade and supply chain finance solutions,” said Joel Koschitzky, Surecomp Chairman. “The SWIFT label is testimony to COR-TF’s ability to automate corporations’ trade finance processes to drive business transformation. With the COR-TF information management platform now designed to meet the needs of large diversified corporations, the solution enables banking customers and their corporate clients to optimize their solution selection process. Surecomp remains focused on automating global trade operations that lead to lower ownership and maintenance costs and an improved return per transaction. We’re delighted that SWIFT continues to recognize the value of our solutions.”
SWIFT is a member-owned cooperative through which the financial world conducts its business operations with speed, certainty and confidence. More than 10,000 financial institutions and corporations in 212 countries trust SWIFT every day to exchange millions of standardized financial messages. This activity involves the secure exchange of proprietary data while ensuring its confidentiality and integrity. For additional information on SWIFT, visit www.swift.com.
COR-TF is the premium solution for the management and handling of L/Cs, collections and bank/parent/group guarantees for corporations. Optimized for diversified corporations, COR-TF supports centralized and decentralized business processes, communicates with a global network of banks over a variety of communications channels such as Bolero, SWIFT SCORE and DTA, offers powerful credit line management, and automates document compilation.
Surecomp is a leading provider of global trade solutions for banks and corporations. Established in 1987, Surecomp is a market pioneer with 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, supply chain finance and treasury confirmation matching solutions streamlines the transaction lifecycle to minimize costs and maximize profits.
Surecomp’s full-range of award-winning solutions will be showcased at Sibos 2013, which is to be held September 16-19 at the Dubai World Trade Center (DWTC). Delegates are invited to arrange a meeting with the Surecomp team by contacting firstname.lastname@example.org.