Buenos Aires, Argentina, June 20, 2019 – Surecomp®, the leading global provider of trade finance and treasury solutions, announced a deal and successful ‘go-live’ at a top commercial bank from Paraguay. The bank will be utilizing Surecomp’s Trade 10 front-office and back-office treasury solution. The matter is a milestone for Surecomp as it is the first treasury services software implementation for the company outside of Argentina.

The new Surecomp client is among the top ten Paraguayan banks, and has recently embarked upon business in the areas of brokering and mutual funds using their utilization of Trade 10 to enable these activities. The Trade 10 system went live only three months after signing the contract. This is a breakthrough not only for the bank but also for their clients who will have access to a state-of-the-art web front-end system.

Business drivers behind the deal were the proven track-record and strong reputation behind Trade 10 as well as a promise – and subsequent delivery – of record time-to-market. “We are proud to expand our business into new Latin American markets and this new client has proven to be a worthy partner throughout our journey together”, said Matias Hutin, Commercial Leader of Surecomp.