Renowned international trade finance software platform Surecomp is to offer customers across its global banking and corporate portfolios added levels of data integration, thanks to a new partnership with finance connectivity specialist Finecta.
Integration with Finecta’s G2F data engine provides secure and scalable accounting and ERP connectivity. It will allow Surecomp’s RIVO corporate customers greater centralized transparency of their liquidity, while their lenders can gain confidence in serving a broader market including SMEs.
Headquartered in Toronto, Surecomp delivers digital trade finance solutions geared towards streamlining transaction lifecycles to enhance operational efficiency, ensure compliance and drive growth.
Surecomp’s London office is leading the integration with G2F, which was developed by Finecta in 2019 to give lenders the power to serve large volumes of corporate customers efficiently and cost effectively. G2F is integrated with major accounting and ERP platforms and gives Surecomp an advantage by eliminating the need for file uploads in favour of secure and scalable direct connections.
“We’re really pleased to be forming this new alliance with Finecta,” says Enno-Burghard Weitzel, Surecomp’s SVP of Strategy, Digitization and Business Development. “We are committed to making trade easier and more open by bringing everyone together on RIVO. Providing access to data is a key part of this across all aspects of the decision-making process”
Andy Berti, CEO of Finecta, added: “We’re delighted to announce the partnership with Surecomp. As a global brand serving renowned financial institutions and corporations around the world, this is a very strong endorsement of G2F’s capabilities. So, we’re looking forward to seeing the results it delivers for their customers in the months ahead, particularly as we navigate this period of turbulence for small businesses, which will need much wider access to diverse finance products for the foreseeable future.”
Finecta is the brainchild of Midlands entrepreneurs Andy Berti and Marcus Wade, who boast more than 20 years’ experience in trade finance and software development. Gateway 2 Finance, Finecta’s centrepiece data engine, plugs into modern ERP and accounting platforms, enabling banks and lenders to understand in real time a prospective borrower’s financial risk position. This creates the conditions for smarter, automated lending decisions. From a customer perspective, SMEs are able to quickly apply for and seamlessly manage loans and payments within their accounting systems. Additionally, Finecta has developed G2F Embedded, a B2B finance bot, and builds customised products tailored to customer needs across a range of verticals, including cryptocurrencies.
Abby Bickford – Director of Marketing
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