Surecomp®, a leading provider of global trade solutions for banks and corporations, announced today that DOKA 5®, its configurable tool-kit back-office solution for documentary trade finance, has been awarded the SWIFTReady Trade Finance application label for the 12th consecutive year.
The SWIFTReady label program 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.
"In order to achieve the SWIFTReady label, trade finance applications must now support an increasing number of SCORE message types, allowing for better coverage of the business-case lifecycle," said Joel Koschitzky, Surecomp Chairman. "This latest accreditation by SWIFT confirms once again that DOKA 5 is a state-of-the-art solution for banks looking to automate their back-office trade finance activities and improve their bottom-line profitability."