Toronto, Canada, September 1, 2010 – GlobalTrade Corporation (GTC) today announces that UniCredit has selected its @GlobalTrade Platform technology to build its trade finance applications for the Group. GTC’s software will be integrated with UniCredit’s own systems and GTC developers will work closely with Unicredit’s global ICT company, UniCredit Global Information Services in Milan, Munich, and Vienna.
‘We are very pleased to have the opportunity to work closely with UniCredit on this very important project,’ said Jacob Katsman, GTC’s CEO. ‘The new trade system will incorporate the best practices and knowledge of UniCredit experts from Austria, Germany, and Italy.’
‘UniCredit’s main target is to provide its customers with trade services holding a genuine surplus value,’ states Markus Wohlgeschaffen, Head of Global Trade Finance & Services, at UniCredit. ‘By integrating the GTC @GlobalTrade platform technology, we are putting ourselves at the forefront of the market for trade finance applications.’
UniCredit is a major financial institution with an international network spanning fifty countries worldwide, with about 162,000 employees and roughly 9,600 branches. It operates in Austria, Azerbaijan, Bosnia and Herzegovina, Bulgaria, Croatia, the Czech Republic, Estonia, Germany, Hungary, Italy, Latvia, Lithuania, Kazakhstan, Kyrgyzstan, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, Turkey, and Ukraine.
Global Transaction Banking at UniCredit combines the local expertise of over 2,000 professionals with the knowledge and experience of a truly sophisticated global transaction bank. Its diverse and proven set of core competencies in the fields of Cash Management and eBanking, Trade Finance, Supply Chain Management, Structured Trade & Export Finance, and Global Securities Services has won widespread recognition, which is demonstrated by the many international awards it regularly receives.
GlobalTrade Corporation (GTC) is a software developer and applications service provider whose product solutions improve the world of trade finance and trade services. Our @GlobalTrade systems help buyers, sellers, traders, and financial institutions communicate faster and more efficiently while reducing risk and improving monitoring and control. Our 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 the registered trademark of GlobalTrade Corporation. For more information visit www.globaltradecorp.com
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