Introduced in 1998, the two levels of SWIFTReady labeling - Gold and Silver - provide a formula for benchmarking third party products that interact with messages that flow over the SWIFT network. SWIFTReady labels identify products that are SWIFT-compliant, integrate efficiently in a SWIFT environment, increase traffic automation and improve STP (Straight-through Processing).

"We are naturally delighted that IBSnet has been awarded SWIFTReady Gold status for a 9th consecutive year. The accolade further highlights Surecomp's position as the leading provider of integrated trade finance solutions. Surecomp solutions are utilized at more than 260 customer installations world-wide, and our revenue growth represents our on-going pledge to ensure our customers achieve the levels of success they demand" said Joel Koschitzky, Surecomp's Chairman and CEO."