Surecomp®, the leading global provider of trade finance solutions for banks and corporations, announced today that IMEX®, a back-office trade finance solution has been awarded ‘SWIFT Certified Application – Trade Finance’ for the 19th consecutive year.
The SWIFT Certified program provides accreditation to companies that provide various SWIFT-related services and solutions to end customers. SWIFT checks compliance with relevant quality criteria and standards, and awards SWIFT Certified labels for qualifying applications and specialists. SWIFT is the Society for Worldwide Interbank Financial Telecommunication, a member-owned cooperative through which the financial world conducts its business operations with speed, certainty and confidence.
“IMEX is Surecomp’s flagship trade finance system and the leading back-office trade finance solution for banks,” said Eyal Hareuveny, Surecomp’s president. “We take very seriously ongoing R&D investment into IMEX; SWIFT certification demonstrates for our clients that the IMEX of tomorrow will continue to be the robust, cutting edge solution that they have relied on for years. We couldn’t be more proud to be carrying the SWIFT label for the 19th consecutive time.”
SWIFT is a member-owned cooperative that provides the communications platform, products and services to connect more than 10,500 banking organizations, securities institutions and corporate customers in 215 countries and territories. SWIFT enables its users to exchange automated, standardized financial information securely and reliably, thereby lowering costs, reducing operational risk and eliminating operational inefficiencies. SWIFT also brings the financial community together to work collaboratively to shape market practice, define standards and debate issues of mutual interest.
IMEX® is the world’s leading back-office trade finance solution designed for banks with high volumes of trade activity. Serving as a real-time processing and decision-support system, IMEX is a comprehensive back-office solution that fully addresses the diverse needs of a bank’s trade services department. IMEX handles the entire range of trade finance transactions – including issued and received letters of credit (L/Cs), standbys, clean and documentary collections, clean payments, guarantees, reimbursements, syndications and participations – and supports both integrated and stand-alone financing, discounting and forfaiting.
Surecomp® is the leading global provider of trade finance solutions for banks and corporations. A market pioneer for 30 years, Surecomp maintains a proven track record delivering innovative solutions worldwide. With a global network of regional offices and eight state-of-the-art development centers, Surecomp successfully supports hundreds of installations in over 80 countries. Surecomp's integrated portfolio of trade finance and supply chain finance solutions streamlines the transaction lifecycle to minimize costs and maximize profits.