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Two European banks deploy Surecomps DOKA trade finance solution

Thursday 30 May 2013 14:40 CET | News

Surecomp, a provider of global trade services for financial institutions and corporations, has entered alliance with two European banks to license Surecomp’s DOKA trade finance system.

The first bank is based in Switzerland and has already implemented the DOKA Guarantees system and is rolling out additional modules including Letters of Credit (LCs), collections, syndications, reimbursements, participations, loans and advances.

The second bank is based in Germany and is an investment bank that focuses on small-to-medium enterprises (SMEs) and views trade finance as a strategic line of business. This bank selected DOKA to expand its trade finance operations from its headquarters to other locations.

DOKA is a configurable back-office trade finance solution for local and regional banks. Surecomp was founded in 1987 as a provider of trade finance, supply chain finance and treasury confirmation matching solutions.
 


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Keywords: Surecomp, DOKA, trade finance solution, Germany, Switzerland
Categories: Payments & Commerce
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Countries: World
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