Germany's second largest bank, HypoVereinsbank, has signed up to the bolero.net trade finance platform.
Created by the world's banking and logistics communities, bolero.net is designed for the secure exchange of trade-related business data and documents over the Internet in a legally-certain environment.
Bolero opened a regional headquarters in Frankfurt on 8 December with the aim of serving existing customers - including Deutsche Bank and Commerzbank - as well as expanding its reach in Germany.
Over the past six months, bolero.net has been signing up third party solutions providers to its partner programme. Current partners in Germany include DOS and Nordwest International. More recent additions to the programme include middleware solutions company ViaSafe and banking system vendor IMS.