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Follow on Google News | Trade Technologies Voted “Best Trade Finance Tech-Solutions Company” in Awards for ExcellenceGlobal Trade Management Platform recognized for improving profitability
In its 14th year, the Awards for Excellence program is an annual event that is based on a readers' poll. Readers are asked to vote for the best institutions in specific global trade sectors. The companies are recognized for providing solutions and services that meet the needs of their clients in outstanding ways. Winners are honored at an awards dinner in London on June 21, at The Sheraton Park Lane Hotel. “Being recognized as the Best Trade Finance Tech-Solutions Company is an honor and true testament to the value that our digital trade document solutions bring to our global clients,” said Kirk Lundberg, CEO of Trade Technologies. “During these times of economic uncertainty, we are delighted to provide our clients with a service that immediately offers a significant improvement in their profitability through accelerated receivables collections, lower transaction costs and enhanced transaction reporting.” According to Oliver O’Connell, editor of Trade Finance magazine, “The importance of independent trade solutions providers to the trade finance industry is more important than ever given the need to increase efficiency and improve visibility in the financial supply chain. Trade Technologies’ Trade Technologies is rapidly changing international payment practices that have traditionally relied on paper-heavy processes. The company’s web- based Global Trade Management Platform and professional outsourced services enable exporters and freight forwarders to create and deliver accurate trade documents to major international banks and buyers online. This far more efficient process allows customers to streamline their operations, eliminate discrepancies, save money and accelerate payments. Since its founding in 1999, Trade Technologies has completed more than 40,000 fully electronic presentations of original letter of credit documents to major trade banks and has processed over $40 billion of international trade payments. Company milestones in 2011 include, opening an eleventh office in Chicago, adding 150 new clients, being awarded a patent on the Trade Technologies software platform and process, and winning the Presidential “E” Award for Exports by the U.S. Department of Commerce, the highest recognition any U.S. entity may receive for supporting export growth. About Trade Technologies Founded in 1999, Trade Technologies (www.tradetechnolgies.com) Media Contact, for Trade Technologies Jamie Brown DirectPR 626-488-0732 Jamie@brownpr.com End
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