GXS Connects Nine Out of the Top 10 Banks in Brazil to Corporate Customers

Rio de Janeiro - 26 June 2012

Company Offers Corporate to Bank Connectivity Solutions Unique to Brazilian Market

GXS, a leading provider of B2B integration services, have announced that nine out of the top 10 banks in Brazil use GXS’s Corporate to Bank connectivity solutions to connect to their corporate customers. As part of its commitment to financial services in the region, GXS is participating in the upcoming SWIFT Latin American Regional Conference 2012 from June 25-26, 2012 in Rio de Janeiro, Brazil. To set up a meeti33ng, please patty(dot)hines(at)gxs(dot)com.

Recognizing the specialized needs of Brazilian financial services firms, GXS offers unique solutions in the region. Its financial portals centralize visibility into receivables, collections and file validation for corporate clients, while its managed services enable banks, insurance companies and merchant acquirers to offload complex client connectivity requirements. Additionally, the company’s services allow for capturing, processing, authorizing and managing payment collections through the CORBAN platform.

“Brazilian financial services are in the spotlight as SWIFT hosts its inaugural Latin American Regional Conference in Rio de Janeiro,” said Eduardo Mendonca, product manager for financial applications at GXS. “With more than 150 universal and commercial banks in the country, the Brazilian financial system is the largest and most sophisticated in Latin America, and is only increasing in importance to the global economy.”

“With GDP forecasted to grow faster than the United States, Europe and Japan, the Brazilian banking industry is well-positioned to weather the storm created by the economic turmoil in Europe,” said Patricia Hines, director of financial services industry marketing at GXS. “Global financial institutions are extending their footprint within Latin America, and Brazilian regional banks are expanding their solutions and geographic reach for corporate customers.”

GXS‘s suite of integration services simplify the way financial institutions exchange data related to electronic payments, securities transactions and international trade with their corporate clients. Using a cloud-style approach, GXS delivers connectivity solutions that enhance the flexibility and agility of commercial banks, corporate treasuries, payment processors, insurance firms and global custodians. More than 250 financial institutions across the globe use GXS’s B2B integration solutions to enhance service delivery capabilities for tens of thousands of corporate clients.

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