Surecomp, a leading provider of global trade solutions for financial institutions and corporations, announced today that Banco Monex, a member of Monex Grupo Financiero, has commenced production with allTRA, Surecomp's Java J2EE trade finance bank back-office solution.
Banco Monex will leverage allTRA to improve customer service, enhance efficiency, reduce processing charges, lower maintenance costs, and support the Bank's drive for a greater market share. Managed by Surecomp's Santiago-based Latin American operations, the allTRA implementation was completed in a single phase with all solution modules.
"Last year, we realized we needed to automate our trade services processes if we were to effectively support our customer base and grow our business. We needed a comprehensive solution that would take the place of spreadsheets, reduce the workload and pressure on our trade services department, and increase efficiency," said Mario de Icaza Bravo, Banco Monex's Credit Product Development Director. "Fortunately, we found Surecomp and allTRA."
"The successfully implementation of allTRA is a direct result of close cooperation between Banco Monex and Surecomp. I was most impressed with the dedication and professionalism of Banco Mone," said Joel Koschitzky, Surecomp Chairman.