The Trade Finance platform chosen comprises the CREDOC back-end trade finance solution, and the TRAC middle/front collateral management system provided by MIT, the Swiss software publisher and market leader (www.mitsa.ch).
The project is due to be completed by the end of 2017, with TRAC planned to go-live at the end of the first quarter, while CREDOC will be rolled-out during the fourth quarter.
“MIT’s extensive functionalities and expertise in Trade Finance were a perfect fit for our organization. The systems are scalable to support our ambition of strongly increasing our Commodity Finance volumes in the coming months”.
Dmitry Derkatch - General Director Bank GPB International SA