Toronto, Canada, 4 July 2023 – Surecomp® today announced that it has been placed in the Leaders Category of the IDC MarketScape: Worldwide Trade Finance Systems 2023 Vendor Assessment (doc #US49436622, 28 June 2023).
The result of a rigorous and independent evaluation of eleven trade finance vendors, the IDC MarketScape states that “Surecomp is addressing the evolution of future needs with a strong relationship with its user community.” The report went on to say, “If trade finance is a key business area, Surecomp is a reliable partner in supporting a collaborative, inclusive approach. Surecomp provides a holistic view to trade finance transactions by incorporating access to the wider ecosystem and providing interesting features to address compliance, risk management, and ESG requirements.”
“We have taken great care to deliver a detailed and comprehensive assessment of the trade finance software market in this report,” explains Research Director at IDC Financial Insights Maria Adele di Comite. “Through watching the market very closely, analyzing data, and interviewing customers we’re seeing how RIVO™ is bringing the ecosystem together, particularly considering its risk management and compliance capabilities with regard to ESG tracking, KYC and invoice fraud.”
“It goes without saying that we are extremely proud and absolutely thrilled to receive this recognition from the IDC MarketScape,” says Tal Weiser, Surecomp’s Chief Revenue Officer. “This recognition reinforces our belief that the future is in collaborative trade finance digitization and is testament to the commitment and quality of our solutions and service delivery to our customers.”
About IDC MarketScape:
IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors. For more information visit www.idc.com
To read the summary excerpt, click here.
Abby Bickford – Director of Marketing
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