Credit Agricole Aquitaine deploys Neomalogic trade finance portal

Source: Neomalogic

NEOMAlogic, a provider of Internet-based Trade Finance solutions for the financial services industry, today announced that France-based Credit Agricole Aquitaine deployed the ASP version of Global Trade Portal to expand its Trade Finance services on the Web in record time.

This most recent taker of Global Trade Portal demonstrates the increasing success of NEOMAlogic's ASP proposition, combining the flexibility of the licensed product with the economic advantages of a hosted service.

With the ASP model, the Global Trade Portal software is hosted and maintained by NEOMAlogic in an enterprise-class data centre, while maintaining the same robust functionality and features of the installed version. The corporate customers access the e-banking service in an environment fully branded to the bank's preferences. The back-office department of the bank or its sales and account officers also have their own customised access to the system through the Internet or via a dedicated secure private network, enabling them to follow-up and reply to their customers' transactions. The full integration of the hosted software with the banks' existing in-house back-office systems is also supported.

"NEOMAlogic has been very responsive and efficient to deploy the online service. The implementation is a success, our corporate customers are pleased with the results and so are we" said Michel Grenier, Head of International Operations at Credit Agricole Aquitaine.

Olivier Berthier, Managing Director of NEOMAlogic said: "We are delighted to add Credit Agricole Aquitaine to the growing list of banks using our ASP version of Global Trade Portal. We have been successfully running the service with several banks for more than a year now. This allows our banking customers to achieve a quick time-to-market without supporting a significant up-front internal IT investment, while offering their corporate customers a truly advanced Trade Finance front-end."

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