MIT E-news - October 2015

If you can't see this e-mail properly, view it online


MIT E-news ...


Sberbank (Switzerland) AG has deployed MIT’s middle to back-office Trade Finance platform



 October 2015


Dear MIT readers,


Sberbank (Switzerland) AG has deployed MIT’s middle to back-office Trade Finance platform. The contract was signed last year; Sberbank (Switzerland) AG chose the MIT platform after considering several alternatives both for back-office and middle-office components. This was a logical step as Sberbank CIB’s Zurich-based office continues to be a center for its fast growing Commodity Trade The project was split into two major phases.


The first phase saw the go-live of CREDOC at the end of last year. The second phase started in parallel to CREDOC’s go-live, and was related to the implementation of TRAC, which was completed last month. 


“It is exciting for us to start a partnership with Sberbank CIB knowing that Sberbank intends to develop CTF across the group,” said Paul Cohen-Dumani, General Manager at MIT, adding that “We are still very much the only software editor on the market that can provide both a back-end trade finance system along with a trade collateral management solution; this obviously sent a strong message to the Bank, and continues to send a strong message to the market.”


For more information, please click on the link below.


Furthermore, join our sales team next week at SIBOS; drop by our booth K42 or book a meeting by accessing the relevant link below. 


                                                                                                           MIT sales team



Latest news

Sberbank (Switzerland) AG deploys MIT’s CREDOC & TRAC software for its commodity trade finance business



MIT is an official exhibitor at SIBOS taking place in Singapore from October 12th till October 15th 2015; book a meeting and visit our booth K42.

MIT in the Press

Interview: Crisis Emphasises. Role of Trade Finance | Follow us | youTube  Google+  Linkedin