Home Legal & Compliance Profile: Partnership with Surecomp, leading provider of global trade finance to mutually represent solutions

Profile: Partnership with Surecomp, leading provider of global trade finance to mutually represent solutions

by Jackson B

Profile Software, an international financial solutions provider, announced today the partnership agreement with Surecomp the leading provider of global trade finance solutions for banks and corporates. The agreement is bilateral aiming at mutually benefiting companies since both parties will be able to represent each other’s solutions in various regions that they have a presence in supporting digital transformation in the operations of financial organisations and corporates.

The current pandemic and the quest for an enhanced digital infrastructure are driving banks to improve trade finance processing solutions for optimised customer service, and to reduce costs whilst minimising the risk in these complex trade processes. In response to a higher volume of finance requests, they must facilitate trade more efficiently and with greater connectivity to the broader trade finance ecosystem.

Surecomp will also represent Profile’s solutions for banking, risk and investment management further enriching the offering to its customers. Profile’s solutions have been awarded and included in leading industry reports as a result of continuous investment in innovation and automation. The solutions have been designed to automate and free managers time whilst complying to the regulatory framework and industry standards, making them ready to deploy in the cloud or on-premises.

“Profile is committed to meeting the needs of its customers and enabling their success. By mutually promoting our solutions Surecomp & Profile are able to address regional market needs for flexible, future-proof, cloud and on-premises platforms complementing each other’s portfolio” says Babis Stasinopoulos, CEO at Profile.

“Profile’s strong track record, reputation and established network, position it as the partner of choice for Surecomp” explains Guy Perry, Surecomp’s President. “We are excited to embark on this collaboration to deliver trade finance digitalisation, not just in Greece but also across other markets in central and eastern Europe, while also promoting Profile’s award-winning solutions.”

Profile is creating a complete offering for Banks, financial institutions and corporates, with solutions covering the full range of banking such as Core Banking, Treasury and Risk Management, Trade Finance and more ensuring seamless integration and holistic support of these business needs.