Surecomp, a leading provider of global trade solutions for banks and corporations, has announced that IMEX, its high-volume back-office trade finance solution, has been awarded the SWIFTReady Trade Finance application label for the 14th consecutive year.
The SWIFTReady label programme verifies the compliance of business applications against SWIFT standards, messaging services and connectivity. Using stringent SWIFT-specific criteria, SWIFTReady label status is re-evaluated every year to ensure ongoing alignment with evolving market needs.
“IMEX’s global recognition as a dominant back-office trade finance solution is ensured by compliance with major international regulations and standards, particularly SWIFT,” said Joel Koschitzky, Surecomp chairman.
Available on mainframe and UNIX platforms, IMEX, said to be the world’s leading trade finance system, is designed for global, regional and local banks with high volumes of trade finance activity. With unlimited scalability, IMEX supports issued and received L/Cs, standbys, clean and documentary collections, clean payments, guarantees and reimbursements, as well as syndications and participations. It also seamlessly interfaces to allNETT, Surecomp’s multi-customer bank front-end trade finance system.