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IBSnet awarded SWIFTReady Gold status for 9th consecutive year

Surecomp, a leading provider of global trade solutions for the financial services community today announced that IBSnet, the most popular and widely used trade finance solution in North America, has been awarded SWIFTReady Gold status for a 9th consecutive year.

Introduced in 1998, the two levels of SWIFTReady labeling – Gold and Silver - provide a formula for benchmarking third party products that interact with messages that flow over the SWIFT network. SWIFTReady labels identify products that are SWIFT-compliant, integrate efficiently in a SWIFT environment, increase traffic automation and improve STP (Straight-through Processing).

“We are naturally delighted that IBSnet has been awarded SWIFTReady Gold status for a 9th consecutive year. The accolade further highlights Surecomp’s position as the leading provider of integrated trade finance solutions. Surecomp solutions are utilized at more than 260 customer installations world-wide, and our revenue growth represents our on-going pledge to ensure our customers achieve the levels of success they demand” said Joel Koschitzky, Surecomp’s Chairman and CEO.