Johannesburg, South Africa, July 29, 2019 – Surecomp®, the global trade finance fintech leader, announced today that a major pan-African bank has entered into an agreement to upgrade of its trade finance back-office system to IMEX® 8 as part of their preparations for SWIFT 2020 messaging standard changes and ongoing digitalization.

The South African bank offers a range of financial services throughout the continent. The bank has been a Surecomp client for over twenty years and, throughout the decades, has utilized the robust back-office trade finance system to efficiently provide its clients with industry-leading trade finance services. Years of quality service, mutual trust and customer satisfaction were the drivers behind the bank’s decision to consolidate all its entities onto a single pan-African trade finance system based on IMEX 8.

IMEX 8 is the latest release of this Surecomp trade finance back-office system. IMEX 8 was built using state-of-the-art web technology which provides users with consistent, intuitive and advanced user experience. One of the many exciting new features of IMEX 8 is the self-explanatory navigation that delivers an easier onboarding of new users. IMEX 8 offers full support for new web browser technologies and for open APIs standards based on Surecomp’s APIsure. The project follows the successful implementation project in 2018, where the bank expanded its usage of IMEX to support several additional African countries as part of its preparation for SWIFT 2018 standard changes.

“I am delighted that the bank has once again demonstrated its confidence in Surecomp’s products and services through choosing to build their growth upon Surecomp’s back-office trade finance system”,said Yaron Hupert, Senior Vice President of Global Account Management at Surecomp.

“Surecomp continues to invest in research and development”, he continued, “as demonstrated by the launch of our digital suite earlier this year, IMEX 8 will serve as a platform for the bank to offer new digital services to its customers.”