Nov 08, 2013
November 4th 2013 - Surecomp, a leading provider of global trade solutions for banks and corporations, announced today that UniCredit Tiriac Bank has deployed Surecomp's IMEX® Trade Finance solution in Romania. UniCredit Tiriac Bank went live with the solution in early October 2013.
UniCredit Tiriac Bank joins other European banks within the UniCredit Group that have previously deployed IMEX. In this implementation, Bank Pekao SA is hosting UniCredit Tiriac Bank's infrastructure in Warsaw. Bank Pekao SA is a long-time user of IMEX and allNETT®, Surecomp's Web based trade finance front end.
"By adapting Surecomp's solutions to our specific needs, we were able to reduce project risk and implementation time, enabling us to successfully address our Corporate clients' needs for automated letters of credit, collections and guarantees", said Cristina Bunescu, Head of Trade Finance at UniCredit Tiriac Bank.
UniCredit Tiriac Bank opted to install its IMEX solution in Warsaw as part of a Multi-Entity IMEX deployment at Bank Pekao.
"After operating IMEX successfully for many years, we knew that it could also meet the needs of UniCredit Tiriac Bank", said Sylwester Stasiak, Managing Director of Transaction Banking at Bank Pekao.
"We are appreciative that yet another innovative subsidiary within UniCredit has turned to Surecomp and deployed our state-of-the-art trade finance solutions," said Raphael Barisaac, Vice President, Europe, and Global Head, Trade Finance & Supply Chain Finance at Surecomp.
Re-disseminated by The Asian Banker