Toronto, Canada – 5th May 2026 – Surecomp® today announced that LBBW in Germany has gone live with its advanced trade finance management platform RIVO™ to optimize the bank’s digital application process for guarantees and letters of credit (LCs) for its customers.
By implementing RIVO™, LBBW is introducing a fully automated, centralized solution for the initiation, processing and management of these products, enabling corporate customers to submit, track and manage guarantee and LC applications through a single digital channel. This provides a seamless, end-to-end customer experience that significantly improves transparency, efficiency and turnaround times.
RIVO’s functional coverage allows LBBW to create a harmonized digital setup across its trade finance business. This contributes to standardizing the process landscape, reducing operational risk and accelerating processing. RIVO™ further provides LBBW with a highly scalable platform to handle increasing transaction volumes and to enable the rapid onboarding of new customers.
“RIVO is empowering our customers with a modern, intuitive self-service that simplifies the application process of guarantees and LCs and provides real-time visibility into request status,” says Thomas Lehmpuhl, Head of Cash Management & Trade Finance at LBBW.
Moritz Lerzer, Head of Innovation and Transaction Management at LBBW, further adds: “With RIVO as another key component, LBBW is further expanding its digitalization strategy and Trade Finance offering. Surecomp is and will be an important strategic partner for us in this regard.”
“This important milestone reinforces LBBW’s position as an innovative bank providing its customers with state-of-the-art digital trade finance solutions,” says Tal Weiser, Surecomp’s Chief Revenue Officer.
“With RIVO™, LBBW is gaining a powerful next-generation trade finance management platform, delivering tangible benefits both for the bank and for its corporate customers.”
About LBBW
LBBW is a mittelstand-minded universal bank and a central bank for the savings banks in Baden-Württemberg, Saxony and Rhineland-Palatinate. With total assets of EUR 356 billion and around 10,800 employees, LBBW is one of the largest banks in Germany. Its core activities include business with corporate customers, especially SMEs, and business with private customers and savings banks. It also focuses on real estate and project finance in selected markets and customer-oriented capital markets business with banks, savings banks and institutional investors. SMEs and private customers in Baden-Württemberg as well as wealth management clients are served under the BW-Bank brand, while the Group’s commercial real estate financing is bundled under the Berlin Hyp brand. In addition to its expertise in innovative and complex forms of investment and financing, support for tapping international markets plays a key role. LBBW operates at 16 locations in 15 countries around the world. Specialized subsidiaries in areas such as leasing, factoring, real estate, commercial direct investment business, venture capital and asset management complement the LBBW Group’s range of in-house services.