MB Financial Bank Licenses Surecomp's End-to-end Trade Finance Solution
Chicago-based MB Financial Bank has licensed Surecomp’s end-to-end trade finance solution. Based on the agreement, MB will deploy allTRA, a Java J2E back office trade finance system, and allNETT, the vendor’s Java J2E Web-based trade finance front end. MB intends to harness the power and flexibility of Surecomp’s fully integrated solution and become a major regional player in the trade finance business.
“We strive to be the best provider of financial services to small and mid-sized businesses in the Chicago metropolitan area and the other selected markets we serve, as well as to individuals living or working near our banking centres,” said Scott Baranski, MB Financial Bank’s senior vice president (SVP), international banking. “At MB, we are committed to providing personalised, relationship-oriented service that our customers value. Our continued success over the past 100 years is the combination of a highly-talented and energised workforce supported by effective and efficient operating systems.”
“MB understood the need to implement a trade services solution that would allow our corporate customers to concentrate on their core business,” added Baranski. “Our success is all about partnering with our customers and suppliers. And in Surecomp we found a partner that not only matches our high standards, but also demonstrates a profound knowledge of our business and that of our corporate customers.”