Looking extensively for an integrated electronic banking Trade Finance solution for its international operations, SociÃ©tÃ© GÃ©nÃ©rale has selected NEOMAlogic's Global Trade Portal to offer its corporate customers a full-featured Internet-based console for the on-line management of Letters of Credit, Guarantees, and Forfaiting requests.
The state-of-the-art technology in the solution combined with its comprehensive set of features, the capability to interface with the bank's existing core systems and the clients' ERP systems as well as the proven track record of deployment of Global Trade Portal globally were all decisive in the bank's choice.
"Our goal is to offer our corporate customers, importers and exporters, a technologically advanced solution allowing them to initiate and manage the complete life cycle of their trade finance transactions" explained Daniel Le Strat, in charge of the project at SociÃ©tÃ© GÃ©nÃ©rale. "We have selected NEOMAlogic's software because it fully addresses our functional requirements and our stringent technical criteria."
Olivier Berthier, Managing Director of NEOMAlogic said "we are delighted to have been chosen by SociÃ©tÃ© GÃ©nÃ©rale after their thorough selection process. This new project with an international scope provides additional evidence of our solution's appeal for top tier financial institutions and we now look forward to a successful conclusion of the implementation phase."