The Trade Finance Awards for Excellence are the results of votes coming from all over the world by the readers of Euromoney's Trade Finance magazine. For the first time this year, the programme included a category covering the software and technology providers where NEOMAlogic won the award thanks to the innovative approach and success of its Global Trade Portal solution.
"We are very proud to have NEOMAlogic voted as the best trade finance technology provider for such a global and well known award," said Olivier Berthier, NEOMAlogic's Managing Director. "It is a great validation by the industry and particularly our customers to the high quality and capabilities of our front-end solution for the Trade Finance industry."
Over the past year, new financial institutions have selected NEOMAlogic's Global Trade Portal solution as their primary electronic banking front-end for the on-line management of letters of credit, standby LCs, guarantees, collections and fund transfers with their corporate customers. Several major enhancements have also been added to the solution with innovative collaboration capabilities between the customers and their banks or any third party, and the increasing support of open account transactions.