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Denmark's Spar Nord Bank selects MIT trade finance platform

02 February 2015  |  2413 views  |  0 Source: Micro Informatique & Technologies SA

MIT (Micro Informatique & Technologies SA) is pleased to announce that Spar Nord Bank in Denmark has opted for MIT's front to back Trade Finance platform to replace its existing systems.

The platform is composed of CREDOC WINDOWS, MIT’s flagship back-office Trade Finance solution, and CREDOC CLIENT INTERNET, a web front-end solution allowing Banks’s customers to send in their requests to issue Trade Finance transactions.

The systems will be hosted by BEC in Denmark, as CREDOC WINDOWS will be operated by the Spar Nord Bank’s Trade Finance team located in Aalborg.

Hanne Balling, Head of International Divison at Spar Nord Bank declared: “We have the ambition to golive with MIT’s systems in a very short time frame, so MIT’s proven capacity to implement fast is key for us”.

“We are happy to welcome Spar Nord Bank in our community of users as well as to extend our existing cooperation with BEC” declared Paul Cohen Dumani, General Manager at MIT. BEC already services MIT’s CREDOC WINDOWS and CREDOC CLIENT INTERNET for two other Banks in Denmark: Handelsbanken and Nykredit.

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