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Banco Pichincha chooses Surcomp's trade finance processing technology

Wednesday 9 February 2022 11:03 CET | News

Banco Pichincha has chosen Surecomp’s trade finance processing technology for front to back-office operations.

The bank will deploy Surecomp’s cloud-based Trade Finance-as-a-Service (TFaaS) solution to support the growth of current and future trade finance transactions.

Banco Pichincha was one of the first Latin American financial institution to obtain a banking licence in Europe. Its international expansion and growth objectives have fuelled the need to replace the existing solution with a more agile, scalable, and robust cloud-based deployment. It will now use Surecomp’s back-office solution DOKA-NG, which has been integrated with its front-office solution to provide a streamlined and automated transaction lifecycle process.

In 2021, Surecomp has expanded its TFaaS offering to enable smaller and mid-sized banks to improve their trade finance processing efficiencies and customer service.


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Keywords: banks, partnership, trade finance, cloud, banking license
Categories: Banking & Fintech
Companies: Banco Pichincha, Surecomp
Countries: Ecuador
This article is part of category

Banking & Fintech

Banco Pichincha

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Surecomp

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