Surecomp announces that a leading bank in Europe is now live with its multibank, front-office solution allNETT

Toronto, Canada, 17 September 2020 – Surecomp®, the leading provider of global trade finance solutions for banks and corporates, today announced that the latest version of its digital front-office solution – which allows banks to extend trade finance capabilities to their own customers – is in full production by one of Europe’s largest banks in conjunction with multiple back-office solutions. allNETT6.4 – which can be deployed in a public cloud environment or on-premise – enables banks to digitize their trade finance operations, offering their corporate clients enhanced customer service through an easy-to-deploy, digital and scalable multibank channel for their trade finance process automation.

A standalone, multibank solution compatible with numerous back-office platforms, the allNETT solution is used by banks of all types and size and is packaged as an out-of-the-box SaaS offering to optimize operational efficiency. It is fully SWIFT compliant, includes a state-of-the-art, intuitive user interface and embedded digital API.

Providing extra flexibility and a lower total cost of ownership, banks today can extend greater value to their customers with allNETT, providing a one-stop shop for their entire trade finance needs. Through digitization and enhanced process efficiency of the trade finance lifecycle, banks are not only expanding their own portfolio of services for enhanced customer satisfaction, but they are mobilizing the growth and productivity of their customers, while reducing their costs, risk and time-to-market for completing trade transactions.

“Combining our industry expertise and long-standing customer loyalty, we have been enabling tens of thousands of corporates who already use allNETT to process trade finance transactions directly with their banks,” explains Yaron Hupert, Senior Vice President of Account Management at Surecomp. “allNETT 6.4 will continue to add value to our customers by in turn helping them deliver a better, faster and more reliable service to their customers.”

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