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Press Release

GTC Partners with Tenzing to Deliver Secure and Scalable Globe Trade Platform as a Service

Solution streamlines international trade documentation process, facilitates supply chain communication, and reduces the costs and risk of international trade.

Toronto, Canada, April 2, 2014 - GlobalTrade Corporation (GTC) is pleased to announce that it has partnered with Tenzing to provide an independent Software-as-a-Service (SaaS) offering for its @GlobalTrade multi-bank trade finance platform. Customers can now use the industry-leading @GlobalTrade solution hosted in a secure, reliable and trusted environment, without the expense and time associated with setup and management of an in-house installation. The new offering also reduces implementation time allowing customers to focus on the risk management, efficiency and operational benefits of the solution. Since the launch of the offering in January 2014 two Fortune 500 companies have already signed up to the service and more are about to join.

"Software-as-a-Service is revolutionizing how companies consume business services," said Nick Pachnev, GTC’s CTO. To be successful, SaaS providers need a trusted hosting partner with a flexible approach to deployment, co-management and support of enterprise-level SaaS environments. The flexible infrastructure and a comprehensive range of implementation and monitoring services provided by Tenzing allows GTC to support the most demanding customers with extensive security, reliability and integration requirements. We have selected Tenzing not only because they have all the required security certificates and state of the art infrastructure but also because their people provide GTC instant service as if we are all sitting in the same office."

"GTC is a great example of the value of SaaS delivery,” said Brian Shepard, CEO of Tenzing Managed IT Services. “Their @GlobalTrade platform powers global trade, dramatically reducing the costs and risks associated with competing in today’s competitive global markets. And it does so reliably, securely and at a scale most organizations would struggle to emulate on their own. One of the keys to our combined success is the great partnership that we have developed with GTC. It enables us to cooperate on delivering meaningful innovation to the customers we serve together, ensuring that we are constantly delivering on the promise of better, scalable and more secure global trade."

About Tenzing Managed IT Services

Founded in 1998, Tenzing is a leading provider of hosting solutions for e-commerce clients, System Integrators (SIs), and Software-as-a-Service (SaaS) providers. Tenzing’s mature IT Service Management (ITSM) and ITIL best practices provide the foundation for the reliable, secure, and scalable delivery of complex applications around the clock. Backed by comprehensive Service Level Agreements (SLAs), Tenzing is SSAE16 Type II, ISO 27001, PCI-DSS and Visa PCI certified with data centres in in Toronto, ON, Vancouver and Kelowna, B.C, and Dallas, TX. For more information, visit:

Media Contact

Dave Geada
Director of Marketing and Product Management
877-767-5577 ext. 451

About GTC

GlobalTrade Corporation (GTC) is a software developer and application service provider whose product solutions improve the world of trade finance and trade services. The @GlobalTrade systems help buyers, sellers, traders, and financial institutions communicate faster and more efficiently while reducing risk and improving monitoring and control. Their customers include both business enterprises that need consolidated access to multiple banks as well as financial institutions that require supply chain finance solutions to meet their clients' needs. @GlobalTrade™ is a registered trademark of GlobalTrade Corporation. For more information please visit

Media Contact

GlobalTrade Corporation
Marina Heimitz
Tel: +1 416 661 8520