Toronto, Canada, June 11, 2019 – Surecomp®, the global trade finance fintech leader announced today that COR-TF®, a multi-bank corporate trade finance solution, has been awarded the “SWIFT Certified Application – Trade and Supply Chain Finance for Corporates” label for the eighth consecutive year.
The SWIFT Certified program provides accreditation to companies that provide various SWIFT-related services and solutions to end customers. SWIFT checks compliance with relevant quality criteria and standards, and awards SWIFT Certified labels for qualifying applications and specialists. SWIFT is the Society for Worldwide Interbank Financial Telecommunication, a member-owned cooperative through which the financial world conducts its business operations with speed, certainty and confidence.
“Surecomp is pleased to once again carry the prestigious SWIFT label” said Udayan Kelkar, Surecomp’s head of sales and marketing. “2019 has been a breakout year for COR-TF with multiple new clients on-boarded as well as the development that this year, COR-TF will be able to leverage APIsureTM.” APIsureTM is Surecomp's open API platform which can be used to implement SureConnectTM an innovative channel of communication allowing for seamless exchange between banks and corporates using open standards. COR-TF is available as both an on-premise model and an over the cloud SaaS model.
SWIFT is a member-owned cooperative that provides the communications platform, products and services to connect more than 10,500 banking organizations, securities institutions and corporate customers in 215 countries and territories. SWIFT enables its users to exchange automated, standardized financial information securely and reliably, thereby lowering costs, reducing operational risk and eliminating operational inefficiencies. SWIFT also brings the financial community together to work collaboratively to shape market practice, define standards and debate issues of mutual interest. For additional information, visit www.swift.com.
Surecomp is the leading fintech provider of trade finance and supply chain finance solutions for banks and multinational corporates. Surecomp maintains a proven 30-year track record of delivering cutting-edge software solutions in over 80 countries and across six continents. Surecomp has a global network of regional development and support centers in Argentina, Canada, Chile, China, Germany, Israel, Singapore, the UK and the US. Learn more at www.surecomp.com.
COR-TF® is the premium solution for the management and handling of bank guarantees, letters of credit (L/Cs), and collections for corporations supported by multiple banks. Designed for corporations with a complex configuration, COR-TF provides customers with a single view of the volume and structure of their trade finance transactions, including import/export L/Cs, outward/inward collections, and bank/parent/group guarantees. Supporting all standard global electronic transmission channels such as SWIFT Standardized Corporate Environment (SCORE), Bolero and DTA, COR-TF facilitates streamlined communications between a corporation and its international banking network.