Intrust Bank licenses Surecomp's trade finance platform
09 January 2006 | 1172 views | 0
Surecomp, a leading provider of trade finance solutions for the banking and financial market, today announced that Kansas-based INTRUST Bank has selected Surecomp's fully comprehensive STP end-to-end trade finance solution to automate their trade service operations.
Built on a reputation and commitment to exceptional customer service and quality products, to ensure its leading position, the Bank has undertaken harnessing best-of-breed technology solutions.
The selection of Surecomp's comprehensive customer end-to-end trade finance solution by INTRUST forms an essential component in the on-going development of the Bank's product and services portfolio which encompasses a wide range of retail, domestic and commercial banking services.
The benefits that Surecomp's trade finance solution will deliver to INTRUST are explained by Anna Anderson: "We were looking for an integrated solution enabling straight-through-processing, paperless entry and robust functionality coupled with flexibility, simplicity, intuitiveness and reliability. These criteria will ensure that our trade finance operations stay "lean and mean" translating into savings to the bank in operational efficiency and throughput. Surecomp will enable us to improve our productivity and expand the quality and service we deliver to our customers. Our research convinced us that joining forces with Surecomp was the best way to achieve these benefits."
Commenting on the licensing of Surecomp's trade finance solution by INTRUST, Vladimir Ramirez, Surecomp Vice President responsible of Business Development said "Without the right system, trade finance processing can be costly and labor intensive. To ensure optimum operational cost, financial institutions need a powerful, functionally rich solution that enables straight-through processing throughout the trade finance lifecycle. Like INTRUST, Surecomp is dedicated to maintaining its reputation for value-added services and commitment to our client base."