Surecomp, the leading provider of global trade finance and treasury solutions for banks and corporates, today announced that brokerage firm Puente has chosen to deploy its front-office treasury solution Trade10™ across 3 countries in Latin America.
Founded over a century ago in Buenos Aires - and now with entities in the United States, United Kingdom, Panama, Paraguay and Uruguay - Puente is one of South America’s largest broker dealers of stocks, bonds, futures and options, trading 150,000 transactions per year and serving 35,000 customers globally. Having experienced rapid growth over recent years, Puente took the decision to deploy Surecomp’s Trade10 to improve internal workflow efficiency, optimize control and visibility of cash, and better manage the risk of its increasing trade volumes, ultimately to enhance customer experience and satisfaction. It will deploy the solution - which will be seamlessly integrated with the firm’s back-office treasury solution - first in Argentina, then Paraguay followed by Uruguay.
“Customer experience is of utmost importance and we see this project as an integral part of our journey to continue delivering the best possible service to our customers,” explains Agustina Colloca, Partner & Regional CFO at Puente. “We also uphold the highest of standards in security and transparency, so working with Surecomp will enable us to leverage the latest technical innovation in trade and treasury management to maintain these standards.”
“We are delighted to welcome Puente as the latest addition to our ever-growing customer-base in Latin America,” confirms Robin Findlay, Surecomp’s VP Global Sales and Marketing. “With Puente joining our existing stronghold of customers in this market, it is our first customer in Uruguay which is very exciting and a testament to the strength of our offering in the region.”