11 December 2017
visit www.solutions.lexisnexis.com

Isbank Germany licenses Surecomp trade finance package

27 May 2015  |  2009 views  |  0 Source: Surecomp

Surecomp®, the leading global provider of trade finance solutions for banks and corporations, announced today that Isbank AG, the European arm of Turkey’s leading bank Türkiye Is Bankasi A.S., has licensed Surecomp’s state-of-the-art DOKA 5® trade finance system.

A configurable bank back-office solution, DOKA 5 leverages Surecomp’s decades of experience providing proven trade finance systems to banks and corporations worldwide.

Headquartered in Frankfurt, Isbank spearheads its parent company’s international expansion plans, and promotes close commercial and other ties between Western Europe and Turkey.

To compete in today’s dynamic market and to meet and surpass exceptions, Isbank has over the past 18 months embarked on a major overhaul of its core banking system and critical modules including cash management. Working closely with Swiss-headquartered Avaloq Banking System, a Surecomp partner, Isbank completed the implementation and went live with it’s the new core system in record time.

Understanding that trade finance is a key element in building strong international operations, and that the bank’s in-place manual system would not allow for the growth strategy envisaged by the bank, Isbank embarked on a comprehensive evaluation of currently available trade finance solutions.

Isbank sought an efficient, agile and responsive trade finance solution to meet the business challenges of its corporate clients. The bank also wanted to partner with a solution provider that offers not only advanced software solutions but also superior integration and support services.

“After a careful review of various competitive offerings, we selected Surecomp’s DOKA 5 solution. While we appreciated DOKA 5’s comprehensive features and functionalities, we were particularly impressed by its easily customizable toolkit options,” said Uzay Ersin, Corporate Operations Manager at Isbank. “Throughout the evaluation process, the Surecomp team exhibited extensive market knowledge, and provided us with expert advice and assistance.”

“Our goal is to accompany our clients in their international business growth through a long-term partnership approach, supported by the dedication and passion of our trade finance professionals,” remarked Moshe Wolfson, Surecomp Vice President Sales EMEA and Global Head of Marketing. “We greatly appreciate Isbank’s vote of confidence in our company, and look forward to successfully partnering with the bank in the years ahead.”

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit http://info.nice.comvisit www.aciworldwide.comvisit www.solutions.lexisnexis.com

Top topics

Most viewed Most shared
Revolut lets customers buy Bitcoin, Litecoin and EthereumRevolut lets customers buy Bitcoin, Liteco...
18240 views comments | 26 tweets | 22 linkedin
Saxo Bank's 'Outrageous Prediction': Bitcoin to peak at $60k next year before spectacular crashSaxo Bank's 'Outrageous Prediction': Bitco...
11139 views comments | 7 tweets | 7 linkedin
Deutsche Bank paper hails 'huge' blockchain potentialDeutsche Bank paper hails 'huge' blockchai...
7103 views comments | 13 tweets | 21 linkedin
Santander UK poaches Barclays innovation chief Michael HarteSantander UK poaches Barclays innovation c...
6502 views comments | 8 tweets | 17 linkedin
Barclays, First Direct and Nationwide join FCA sandbox cohortBarclays, First Direct and Nationwide join...
5899 views comments | 5 tweets | 12 linkedin

Featured job

Competitive base, double ote, benefits
London, UK

Find your next job