Toronto, Canada, June 21, 2007 – For the third year in a row GlobalTrade Corporation (GTC) has won Euromoney’s Trade Finance Magazine Best Independent Trade Platform/System Provider AWARD for its @GlobalTrade Platform. The Trade Finance Awards for Excellence recognizes the best of breed, innovation, and success in the trade finance industry.
@GlobalTrade™ platform offers unprecedented functionality that enables corporations and banks to save both money and time while reducing risk and improving monitoring and control. Its modular design, pre-configured for various trade-finance applications, reduces the time and cost of implementing standard and customized systems. The platform has been designed and tested to work with multiple companies and banks. A corporate head office can connect ‘right out of the box’ with its subsidiaries and factories, as well as with its multiple banks and logistics providers.
Trade Finance Editor Jonathan Bell said, ‘Voting in this category increased markedly in this year’s poll with renewed interest from several trade software and platform providers. The fact that GlobalTrade Corporation saw off these suitors for this award is indicative of the key milestones that the company has achieved in the market in the course of the past year. Crucially, GTC increased its vote on previous years to capture this award.’
‘The flexibility to meet specific requirements of large corporates and simple connectivity options for their banks and service providers immediately create real measurable benefits for everyone who uses GlobalTrade Platform,’ said Nick Pachnev, GTC’s CTO.
‘Through the alliance with Unicredit Group, now the second largest financial institution in Europe our company has been able to increase market awareness about its products and win new business,’ said Jacob Katsman, GTC’s CEO. ‘Our company is very proud to be voted by its clients and partners the Best Independent Trade Platform Award for the third year in a row.’
About GlobalTrade Corporation
GlobalTrade Corporation develops innovative, collaborative software products for global trade finance. Under the trademark @GlobalTrade™ the company services both corporates that require multi-party information exchange and document management systems enabling visibility, better risk control and cost savings, and financial institutions that require innovative solutions to increase market share and protect their existing customer base.
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